Olivet vs Memphis
| Olivet | Memphis | |
|---|---|---|
| Population | 1,314 | 630,027 |
| Median Household Income | $66,635 | $51,736 |
| Median Home Value | $159,800 | $169,000 |
| Median Gross Rent | $777/mo | $1,181/mo |
| Homeownership Rate | 63.8% | 44.9% |
| Unemployment Rate | 0.0% | 8.3% |
| Bachelor's Degree or Higher | 5.7% | 28.0% |
| Median Age | 48.2 | 34.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.