HomeMichiganEaton CountyOlivet city
Olivet city, Michigan: commercial real estate data.
Olivet city is a Census city of 1,844 people across 1.02 square miles of land, in Eaton County. Median household income is $54,722, 50.2 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $60,000.
70 sourced place values · tier FULL · 8 sections
Olivet
What Olivet is
- Census place typecity
- Land area1.02 sq mi
- Water area0 sq mi
- Population per square mile of land1,808
- County holding the largest share of its areaEaton County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olivet
How many people live in Olivet
- Population1,844
- Median age21.2
- Population under 18224 plus or minus 71
- Share under 1812.1 percent plus or minus 3.6
- Population 65 and over118 plus or minus 34
- Share 65 and over6.4 percent plus or minus 1.7
- Households468
- Family households258 plus or minus 61
- Share of households that are families55.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olivet
Income and work in Olivet
- Median household income$54,722 plus or minus $15,385
- Per capita income$21,096
- Civilian labor force983
- Employed857
- Unemployed126 plus or minus 60
- Unemployment rate12.8 percent plus or minus 5.8
- Adults 25 and over700
- Adults 25 and over with a high school diploma or higher93.7 percent plus or minus 23.5
- Adults 25 and over with a bachelor degree or higher25.3 percent plus or minus 8.3
- Adults 25 and over with a graduate degree6.3 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olivet
Housing in Olivet
- Housing units510
- Occupied units468
- Vacant units42 plus or minus 32
- Vacancy rate8.2 percent plus or minus 6.1
- Owner occupied235 plus or minus 53
- Renter occupied233 plus or minus 69
- Ownership rate50.2 percent
- Median owner-occupied home value$154,900
- Median gross rent, monthly$925
- Annual rent as a share of median income20.3 percent plus or minus 6.0
- Single family units287
- Share single family56.3 percent
- Units in buildings of two or more209 plus or minus 71
- Share in buildings of two or more41.0 percent plus or minus 11.7
- Mobile homes14 plus or minus 15
- Median year structure built1963
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olivet
How Olivet gets to work
- Workers 16 and over who commute746
- Commuting under 15 minutes387 plus or minus 108
- Share commuting under 15 minutes51.9 percent
- Commuting 30 minutes or more201 plus or minus 64
- Share commuting 30 minutes or more26.9 percent plus or minus 6.7
- Drove alone58.1 percent
- Carpooled11.0 percent plus or minus 7.4
- Public transport0.0 percent
- Walked14.6 percent plus or minus 5.9
- Worked from home13.4 percent plus or minus 5.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olivet
SBA 7(a) lending to Olivet borrowers
- Approvals1
- Gross approval$60,000
- Average approval$60,000
- Median approval$60,000
- Ninetieth percentile approval$60,000
- Largest approval$60,000
- Jobs supported5
- Jobs per approval5.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Olivet
Flood programme status in Olivet
- Listed NFIP communities1
- Of those, participating1
- NFIP community number260069
- Currently effective map date11/26/10(M)
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Eaton County, not Olivet
Eaton County context, not Olivet figures
These are Eaton County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Olivet measurements.
- Establishments in Eaton County2,182
- Employment at those establishments, Eaton County42,828
- Covered employment, Eaton County44,501
- Average annual pay, Eaton County$60,862
- Average weekly wage, Eaton County$1,170
- Housing units permitted, Eaton County118
- Of those, single family, Eaton County114
- County product, 2024, Eaton County$7,448,391,000
- County product change over the prior year, Eaton County4.8 percent
- Average income of an arriving household, Eaton County$51,400
Every figure in this section is published for Eaton County as a whole and is not a measurement of Olivet. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Olivet questions, answered from the record.
How many people live in Olivet, Michigan?
1,844, in 468 households. Olivet city covers 1.02 square miles of land, which is 1,808 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Olivet in?
Eaton County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Olivet?
$54,722. The median owner-occupied home is valued at $154,900. Median gross rent is $925 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Olivet businesses?
1 7(a) approvals totalling $60,000, across 1 lenders, median approval $60,000. These count approvals to borrowers whose address is in Olivet, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Olivet borrowers get paid back?
No rate is published for Olivet. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Olivet in the National Flood Insurance Program?
Yes. Olivet appears in the FEMA Community Status Book as community 260069, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Olivet figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Eaton County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Olivet.
Is zoning published for Olivet?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.