Olivet is a small town with a large college student population. Because of this, there is a real youthful, hip vibe to the place, and much of the life in the town is centered on the college. This has helped Olivet to buck the trend of other small towns that have suffered declining populations over the past 20 to 30 years. Spending by students, and faculty and staff jobs, are a big part of the local economy.
Olivet is a small city, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
The population of Olivet overall has a level of education that is slightly above the US average for all US cities and towns of 21.84%. Of adults 25 and older in Olivet, 24.73% have at least a bachelor's degree.
The per capita income in Olivet in 2022 was $19,333, which is low income relative to Michigan and the nation. This equates to an annual income of $77,332 for a family of four. However, Olivet contains both very wealthy and poor people as well.
Olivet is a very ethnically-diverse city. The people who call Olivet home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Olivet residents report their race to be White, followed by Black or African-American. Important ancestries of people in Olivet include German, English, Irish, Swedish, and Dutch.
The most common language spoken in Olivet is English. Other important languages spoken here include French and Spanish.
