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.
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 (91.0%)
Two or more races (8.5%)
Other race (0.4%)
Asian (0.1%)
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