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. Olive Branch has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. 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.
Because of many things, Olive Branch is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Olive Branch really has some of the features that families look for when choosing a good community to raise children. Is Olive Branch perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
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.
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.