The Town of Olivet had a population of 77 as of July 1, 2019. Olivet ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in South Dakota. See peer rankings below.
The primary coordinate point for Olivet is located at latitude 43.2408 and longitude -97.6753 in Hutchinson County. The formal boundaries for the Town of Olivet encompass a land area of 0.15 sq. miles and a water area of 0 sq. miles. Hutchinson County is in the Central time zone (GMT -6). The elevation is 1,224 feet.
The Town of Olivet (GNIS ID: 1267522) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
HOUSING AFFORDABILITY INDEX
|Olivet, SD Housing Affordability Index is 0
State of South Dakota Housing Affordability Index is 142
|The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.|
|Olivet, SD Wealth Index is 171
State of South Dakota Wealth Index is 79
|The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.|
These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific South Dakota address.
|Population in Households||60|
|Population in Familes||51|
|Population in Group Qrtrs||17|
|Median Household Income||$69,272|
|Average Household Income||$105,618|
|Per Capita Income||$34,892|
|Total Housing Units||48 (100%)|
|Owner Occupied HU||34 (70.8%)|
|Renter Occupied HU||7 (14.6%)|
|Vacant Housing Units||7 (14.6%)|
|Median Home Value||$79,167|
|Housing Affordability Index2||0|
|Average Household Size||1.46|
|Average Family Size||2|
GROWTH RATE / YEAR
|Median Household Income||1.6%|
|Per Capita Income||2.01%|
The table below compares Olivet to the other 393 incorporated cities, towns and CDPs in South Dakota by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 307||22nd|
|Population Density||# 217||45th|
|Diversity Index||# 354||10th|
|Median Household Income||# 65||84th|
|Per Capita Income||# 74||81st|
Additional comparisons and rankings can be made with a VERY EASY TO USE South Dakota Census Data Comparison Tool.