Olive is located in Madison County, Illinois. Olive has a 2025 population of 1,671 . Olive is currently declining at a rate of -0.18% annually and its population has decreased by -1.76% since the most recent census, which recorded a population of 1,701 in 2020.
The average household income in Olive is $89,799 with a poverty rate of 6.12%. The median age in Olive is 50.3 years: 50.9 years for males, and 49.6 years for females. For every 100 females there are 124.5 males.
Data after 2023 is projected based on recent change
The racial composition of Olive includes 90.98% White, and smaller percentages for other race, Asian and multiracial populations.
White (90.98%)
Two or more races (8.47%)
Other race (0.41%)
Asian (0.14%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 1,332 | 90.98% |
| Two or more races | 124 | 8.47% |
| Other race | 6 | 0.41% |
| Asian | 2 | 0.14% |
Married
Widowed
Divorced
Separated
Never Married
Olive's average per capita income is $42,083. Household income levels show a median of $65,227. The poverty rate stands at 6.12%.
Name | Median | Mean |
|---|---|---|
| Married Families | $91,875 | - |
| Families | $80,795 | $105,424 |
| Households | $65,227 | $89,799 |
| Non Families | $58,977 | $62,158 |
Average Income
Median Household Income
Poverty Rate