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Olive Branch Mississippi Real Estate By Jennifer Hershey

Olive Branch Mississippi Real Estate

Olive Branch, Mississippi, is located in De Soto County, of , and 15 miles SE of Memphis, Tennessee. Olive Branch has a population of 21,054.

Olive Branch Homes

Olive Branch properties pool is 7,650 residential properties including Olive Branch new homes. Median age of real estate in Olive Branch is 1994. Average Household size is 3.13 people. 1% are one bedroom homes, 5% are 2 bedroom homes, 71% are 3 bedroom homes, 20% are 4 bedroom homes, and 3% are 5+ bedroom homes.

Olive Branch Mortgage Statistics

Olive Branch mortgages vs. USA median statistics

Homes Olive Branch USA
Homes With No Mortgage 18%
30%
Homes With Mortgage 82%
70%
First Mortgage Only 69%
54%
First & Second Mortgage or HELOC 13%
16%

Olive Branch Area Real Estate Tax

Olive Branch Real estate Tax: Median Real Estate Taxes (2000) were $677 comparing to 1999 Median Family income $ 60,851. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Olive Branch School District: Children make up 29.5% of Olive Branch population. Olive Branch has 6,219 under 18 years old residents, or 0.59 kids per one worker, or 0.81 kids per one household.

Olive Branch Real Estate & Olive Branch Homeownership

There are 1224 or 16% one person households, 2601 or 34% two person households, and 1530 or 20% three person households in Olive Branch, Mississippi. Median residents age is 33.1, Senior citizens (65+) make up 1,866 or 8.9%% of Olive Branch population.

There are 10,532 workers (over 16 years of age) in Olive Branch. Of these, 96.76% drive to work. Approximately 0.18% of workers in Olive Branch take public transportation. An estimated 0.17% walk to work.

Median Olive Branch homeowner's housing expences are 19.2%

Crime in Olive Branch (2003), crimes per 10,000 residents per year

Type of Crime Olive Branch USA, 2003
Violent Crimes
36.57
47.5
Robberies
13.3
14.2
Aggravated Assaults
16.62
29.5
Property Crimes
398.97
358.8
Burglaries
117.79
74.0
Larceny-Thefts
239.38
241.5
Motor Vehicle Thefts
41.8
43.3

Invest in Olive Branch Properties

When making a decision about buying real estate in Olive Branch Mississippi area, you should consider following statistical data:

Category Olive Branch USA
Near Medium City
-
Near Large City
Memphis, Tennessee
-
Olive Branch Zip Codes
38654
-
Olive Branch Area Codes
662
-
White population
86.6%
75.1%
African-American population
11.3%
12.3%
Asian
0.41%
3.6%
American Indian & Alaskan
0.2%
0.9%
Hispanic (of any race)
1.46%
12.5%
Median Family Income (1999)
$ 60,851%
$42,000
Population Below Poverty Level
5.2%
12.4%

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