Cost of Living in Olive Branch, MS
Population 47,019 · Census ACS 2020–2024 5-year estimates
The median rent in Olive Branch, MS is $1,829/month, 92% higher than the Mississippi median and 29% higher than the U.S. median. The median home value is $290,000, 13% lower than the national median. Households earn a median of $100,606 a year, 78% higher than the state median.
Affordability
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Olive Branch vs. Mississippi vs. U.S.
| Olive Branch | Mississippi | U.S. | |
|---|---|---|---|
| Median rent | $1,829 | $954 | $1,413 |
| Median home value | $290,000 | $169,800 | $332,700 |
| Median household income | $100,606 | $56,447 | $80,734 |
| Homeownership rate | 82.3% | 70.0% | 65.2% |
| Bachelor's degree or higher | 31.4% | 25.1% | 35.7% |
| Poverty rate | 4.6% | 18.9% | 12.5% |
| Unemployment rate | 2.4% | 5.8% | 5.2% |
| Work from home | 7.6% | 5.9% | 15.1% |
| Median age | 38.0 | 38.6 | 38.9 |
FAQ
What is the average rent in Olive Branch, MS?
The median gross rent in Olive Branch, MS is $1,829 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Olive Branch, MS?
Using the common 30% rule, renting a median-priced home takes about $73,160 a year in gross income.
Is Olive Branch, MS expensive to live in?
Rent there is 29% higher than the U.S. median, and the median home costs about 2.9 times the median household income.
Other cities in Mississippi
Cities with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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