Olive Branch is a medium-sized city located in the state of Mississippi. With a population of 47,086 people and ten associated neighborhoods, Olive Branch is the sixth largest community in Mississippi. There's nothing like the smell of a brand new house, and in Olive Branch, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Olive Branch, and putting down their money on brand new construction. Olive Branch’s real estate is, on average, some of the newest in the nation. Olive Branch does seem to be experiencing an influx of affluent people, because 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.
The city of Olive Branch is a decent size, but despite this, it doesn't have a viable public transit system that people can use to get to work.
The education level of Olive Branch citizens is substantially higher than the typical US community, as 32.47% of adults in Olive Branch have at least a bachelor's 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.