Olivet, NJ
Population 1,647 · New Jersey
About Olivet, NJ
Olivet is a small community in New Jersey with a population of 1,647 residents. The median household income is $122,193 per year, which is above the national average. The median age in Olivet is 35.4 years.
Housing in Olivet has a median home value of $299,000 and median monthly rent of $0. Of the 514 total housing units, the majority are owner-occupied, with 503 owner-occupied and 11 renter-occupied units.
The unemployment rate in Olivet is 8.0% and the poverty rate is 10.0%. 28.3% of residents hold a bachelor's degree or higher. The average commute time is 26.6 minutes.
Cost of Living in Olivet, NJ
Compared to national averages, Olivet has a median household income of $122,193 (63% above the national median of $75,149). Home values average $299,000, which is 22% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Jersey, Olivet's income is 6% above the state average of $115,667, and home values are 36% below the state median of $469,644.
Why Live in Olivet, NJ?
Olivet offers a strong local economy with a median household income of $122,193, well above the national average, and rent that’s lower than the national average at $0/month, and a low poverty rate of 10.0%, better than the national average.
Olivet has a population of 1,647 with a median age of 35.4 years. Compare Olivet with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Olivet
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cedar Glen West | 1,654 | $66,313 | $67,400 | Compare |
| Sea Bright | 1,657 | $127,738 | $815,400 | Compare |
| Lake Como | 1,660 | $83,056 | $614,500 | Compare |
| Lebanon | 1,664 | $108,672 | $377,300 | Compare |
| Estell Manor | 1,612 | $107,417 | $288,200 | Compare |
| Malaga | 1,612 | $107,875 | $228,500 | Compare |
| Frenchtown | 1,609 | $107,969 | $368,700 | Compare |
| Island Heights | 1,691 | $107,308 | $492,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Olivet
What is the population of Olivet, NJ?
The population of Olivet, NJ is 1,647 according to the latest Census data.
What is the median household income in Olivet?
The median household income in Olivet, NJ is $122,193 per year.
What is the median home value in Olivet?
The median home value in Olivet, NJ is $299,000.
What is the average rent in Olivet?
The median monthly rent in Olivet, NJ is $0.
What is the unemployment rate in Olivet?
The unemployment rate in Olivet, NJ is 8.0%.