Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Employment
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Olive Branch, Mississippi is a mid-sized city with a population of 38,270 inhabitants. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Olive Branch, your commute times will be about average, with a one way commute time of 25 minutes.
Are you trying to decide if living in Olive Branch is the right fit for your lifestyle? To ensure a good experience before relocating to any new city in Mississippi, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. With useful information like amenities, health & safety, education and other key data points, finding the best places to live in Olive Branch and in the areas around Olive Branch is a much easier task.
Olive Branch, MS receives 70/100 for its livability score; this results in a ranking of #23 in Mississippi and #6,423 in the USA. If we check out each of the categories individually, we see that Olive Branch ranks well for cost of living (A+), education (B), employment (A) and housing (A+). The bad news for Olive Branch, there are some categories for which it does not score well, this includes: amenities (F).
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Olive Branch, the unemployment rate stands at 2.12%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Olive Branch excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Assuming that Olive Branch meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Olive Branch. Everything else becomes a lot less important if it turns out that home prices in Olive Branch are simply unattainable. Median real estate prices in Olive Branch come in at $188,800, which is 78.6% higher than the Mississippi average. The home price to income ratio compares the median home prices to the median household income. In Olive Branch, the home price to income ratio is 2.4, which is 7.7% lower than the Mississippi average.
| Statistic | Olive Branch | Mississippi | National |
| Average one way commute | 25min | 24min | 26min |
| Workers who drive to work | 88.0% | 84.7% | 76.4% |
| Workers who carpool | 7.6% | 9.7% | 9.3% |
| Workers who take public transit | 0.0% | 0.4% | 5.1% |
| Workers who bicycle | 0.0% | 0.1% | 0.6% |
| Workers who walk | 0.2% | 1.5% | 2.8% |
| Working from home | 3.9% | 2.2% | 4.6% |
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