Cost of Living in Olive Branch, MS
Population: 46,538 • 2026 Data
$98,421
Median Household Income
+27% vs national
$1,609
Median Monthly Rent
+19% vs national
$269,900
Median Home Value
-20% vs national
2.4%
Unemployment Rate
Housing in Olive Branch
The median home value in Olive Branch, MS is $269,900. Monthly rent for a typical unit averages $1,609, while total monthly housing costs (including utilities and insurance) average $1,383.
Rent-to-income ratio: 19.6%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Olive Branch, MS is $98,421. The unemployment rate stands at 2.4%, with a labor force of 25,228 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.