Olive Branch is a medium-sized city located in the state of Mississippi. With a population of 47,029 people and ten associated neighborhoods, Olive Branch is the sixth largest community in Mississippi. Much of the housing stock in Olive Branch was built relatively recently. The construction of new real estate can often be taken as an indication that the local Olive Branch economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Olive Branch, where the median household income is $93,762.00.
Olive Branch real estate is some of the most expensive in Mississippi, although Olive Branch house values don't compare to the most expensive real estate in the U.S.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.67% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Olive Branch is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Olive Branch’s overall crime rate is lower than average for the country.
Even though Olive Branch is not a small city, it doesn't have a public transportation system that anybody uses for their daily commute to work.
In terms of college education, Olive Branch is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 32.47% of adults in Olive Branch have a college degree.
The per capita income in Olive Branch in 2022 was $40,277, which is wealthy relative to Mississippi, and upper middle income relative to the rest of the US. This equates to an annual income of $161,108 for a family of four. However, Olive Branch contains both very wealthy and poor people as well.
Olive Branch is an extremely ethnically-diverse city. The people who call Olive Branch home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Olive Branch residents report their race to be White, followed by Black or African-American. Important ancestries of people in Olive Branch include English, Irish, German, Italian, and French.
The most common language spoken in Olive Branch is English. Other important languages spoken here include Spanish and Vietnamese.