Olive Branch, Mississippi Income Statistics
Olive Branch Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Olive Branch Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Olive Branch | Mississippi Avg | US Average |
|---|---|---|---|
| Median Household Income | $99,194 | $56,669 | $80,455 |
| Median Personal Income | $57,734 | $48,086 | $60,758 |
| Average Yearly Income Growth | 4.7% | 4.3% | 4.8% |
| Six-Figure Earners | 12.7% | 7.4% | 13.9% |
| $200k+ Households | 10.2% | 5.8% | 13.2% |
The median household income in Olive Branch is about 75% higher than in Mississippi. Income has been growing faster in Olive Branch (4.7%/yr) than in Mississippi (4.3%/yr).
About 13% of adults in Olive Branch earn six figures ($100,000 or more) a year, higher than the Mississippi average of 7%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Olive Branch, Mississippi grew by 46.1% from 2009 to 2024, reaching $99,194 in 2024. That's an average of about 4.7% per year.
Income Inequality and the Gender Pay Gap in Olive Branch
| Metric | Olive Branch | Mississippi Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.514 | 0.566 | 0.552 |
| Male Median Income | $65,840 | $56,525 | $69,667 |
| Female Median Income | $52,586 | $43,645 | $56,850 |
| Gender Pay Gap | 20.1% | 22.8% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Olive Branch, it is 0.514, lower than Mississippi's 0.566, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 25% more than women's income in Olive Branch, Mississippi. Over a 35-year career, a 25% wage gap accumulates to roughly $463,890 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Olive Branch, Mississippi has narrowed from about 22% to 20% in 2024. Over that period the gap was widest at 27% in 2020, and was narrowest at 15% in 2012. In dollar terms, the gap has widened by $1,474 since 2009.
Employment
| Metric | Olive Branch | Mississippi Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.7% | 5.7% | 5.2% |
| Working from Home | 7.5% | 5.9% | 15.0% |
| Commute time (minutes) | 22 | 21 | 22 |
Approximately 736 people are unemployed in Olive Branch, Mississippi.
The average commute time in Olive Branch is 22 minutes, longer than the 21 minutes in Mississippi.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Olive Branch, Mississippi has fallen from 7.3% to 2.7% in 2024. Over that period the rate peaked at 8.1% in 2013.
Olive Branch, MS Wealth Compared With Nearby Cities
Olive Branch, MS is typical in size for this group, 48,912 residents against a local median of 52,351, so the measures below are close to a like for like comparison. Where Olive Branch, MS breaks from the cities next to it is median household income, sitting 28% below the local median of $138,388 at $99,194. That is the weaker end of the local range on this measure.
Unemployment tells the same story from another angle: 2.7% against a local median of 3.6%, 24% below it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while median household income runs behind it, so Olive Branch, MS is trading one against the other rather than simply out-performing what surrounds it. The cities themselves spread $61,740 on median household income, so Olive Branch, MS sits at one end of an already wide local range rather than apart from it. Olive Branch, MS has the 3rd highest median household income of the 4 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Olive Branch, MS | 48,912 | $99,194 #3/4 | 4.7%/yr #1/4 | 2.7% #1/4 | 0.514 #2/4 |
| Southaven, MS | 54,424 | $79,998 | 4.1%/yr | 3.1% | 0.531 |
| Germantown, TN | 42,327 | $141,738 | 4.5%/yr | 3.6% | 0.513 |
| Collierville, TN | 52,351 | $138,388 | 2.9%/yr | 4.0% | 0.530 |
Conclusion
Considering all these factors, Olive Branch, Mississippi has an overall wealth index grade of B, making it notably better than Mississippi, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Olive Branch, Mississippi.
How Wealthy Is Olive Branch, Mississippi?
Olive Branch has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $99,194, about 75% higher than the Mississippi average of $56,669.
How has median household income changed in Olive Branch, Mississippi?
Between 2009 and 2024, the median household income in Olive Branch, Mississippi rose 46%, from $67,909 to $99,194. Over the same years, income here lagged behind Mississippi as a whole: +46% against +54%.
What was the median household income in Olive Branch in 2023?
In 2023, the median household income in Olive Branch, Mississippi was $97,508, up 4% from $93,685 in 2022. The Mississippi median that year was $55,083.
What was the median household income in Olive Branch in 2020?
In 2020, the median household income in Olive Branch, Mississippi was $82,570. By 2024 it had risen 20% to $99,194.
How many people earn six figures in Olive Branch, Mississippi?
Yes. 13% of adults in Olive Branch, Mississippi earn $100,000 or more a year (about 1 in 8), against 7% (about 1 in 14) in Mississippi. 10% of households have a combined income of $200,000 or more, compared with 6% in Mississippi.
Is unemployment high in Olive Branch, Mississippi?
Unemployment in Olive Branch, Mississippi is only 2.7%, well below the Mississippi rate of 5.7%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Olive Branch, Mississippi?
The Gini coefficient in Olive Branch is 0.514. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Olive Branch, Mississippi?
Since 2009, the income gap between men and women in Olive Branch, Mississippi has narrowed from about 22% to 20% in 2024. Over that period the gap was widest at 27% in 2020, and was narrowest at 15% in 2012. In dollar terms, the gap has widened by $1,474 since 2009.
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