Olive Branch, IL
Population 441 · Illinois
About Olive Branch, IL
Olive Branch is a small community located in Illinois with a population of 441 residents according to the latest US Census Bureau American Community Survey data. The median household income is $27,250 per year, which is 64% below the national median of $75,149. The median age of 56.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Olive Branch features a median home value of $58,700, which is 76% below the national median of $244,900. This makes Olive Branch one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 270 total housing units, 81% are owner-occupied (148 units) and 19% are renter-occupied (35 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Olive Branch shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 45.1%, above the national average of 12.4%. Workers in Olive Branch have an average one-way commute time of 36.4 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
4.8% of Olive Branch residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Olive Branch, IL
Compared to national averages, Olive Branch has a median household income of $27,250 (64% below the national median of $75,149). Home values average $58,700, which is 76% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Olive Branch's income is 64% below the state average of $75,072, and home values are 65% below the state median of $165,779.
Why Live in Olive Branch, IL?
Olive Branch offers affordable housing with a median home value of $58,700, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($27,250) that falls below the national average. However, Olive Branch’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Olive Branch has a population of 441 with a median age of 56.4 years. Compare Olive Branch with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Olive Branch
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hartsburg | 441 | $72,500 | $89,500 | Compare |
| Scales Mound | 441 | $66,765 | $158,000 | Compare |
| Elkhart | 442 | $98,750 | $123,200 | Compare |
| Ruma | 438 | $71,875 | $125,000 | Compare |
| Sidell | 447 | $61,250 | $73,600 | Compare |
| Lakewood Shores | 433 | $76,500 | $181,300 | Compare |
| Crescent City | 450 | $57,917 | $110,600 | Compare |
| Prairie du Rocher | 432 | $60,313 | $85,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Olive Branch With Other Cities
Frequently Asked Questions about Olive Branch
What is the population of Olive Branch, IL?
The population of Olive Branch, IL is 441 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Olive Branch?
The median household income in Olive Branch, IL is $27,250 per year, which is 64% below the national median of $75,149.
What is the median home value in Olive Branch?
The median home value in Olive Branch, IL is $58,700, which is 76% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Olive Branch?
The median monthly rent in Olive Branch, IL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Olive Branch?
The unemployment rate in Olive Branch, IL is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Olive Branch, IL a good place to live?
Olive Branch offers a moderate cost of living, affordable housing, and a strong job market. With a population of 441 and a median age of 56.4, the city appeals to established professionals and retirees.
How educated is Olive Branch, IL?
4.8% of residents in Olive Branch aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Olive Branch?
Key cost-of-living indicators for Olive Branch, IL: median home value is $58,700 (76% below national), median rent is $0/month, and median household income is $27,250. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Olive Branch?
The poverty rate in Olive Branch, IL is 45.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Olive Branch, IL?
Olive Branch's population is 0.0% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.