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Real Estate Prices & Overview

Olive Branch North median real estate price is $260,241, which is more expensive than 74.7% of the neighborhoods in Mississippi and 33.2% of the neighborhoods in the U.S.

The average rental price in Olive Branch North is currently $2,273, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 94.9% of the neighborhoods in Mississippi.

Olive Branch North is a suburban neighborhood (based on population density) located in Olive Branch, Mississippi.

Olive Branch North real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Olive Branch North neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

In Olive Branch North, the current vacancy rate is 1.4%, which is a lower rate of vacancies than 89.8% of all neighborhoods in the U.S. This means that the housing supply in Olive Branch North is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Occupations

NeighborhoodScout's exclusive research identifies the Olive Branch North neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 45.0% of its working residents employed in such fields, which is a higher proportion than 97.1% of American neighborhoods.

Diversity

Did you know that the Olive Branch North neighborhood has more Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.0% of this neighborhood's residents have Greek ancestry.

Olive Branch North is also pretty special linguistically. Significantly, 2.1% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 99.2% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Olive Branch North neighborhood in Olive Branch are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 46.2% of the neighborhoods in America. With 12.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 56.0% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Olive Branch North neighborhood, 45.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.4%), and 13.8% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Olive Branch North neighborhood is English, spoken by 92.7% of households. Other important languages spoken here include Spanish and Greek.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Olive Branch North neighborhood in Olive Branch, MS, residents most commonly identify their ethnicity or ancestry as English (6.2%). There are also a number of people of Mexican ancestry (4.4%), and residents who report Irish roots (4.3%), and some of the residents are also of Italian ancestry (2.9%), along with some Sub-Saharan African ancestry residents (2.5%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Olive Branch North neighborhood spend under 15 minutes commuting one-way to work (50.3% of working residents), one of the shortest commutes across America.

Here most residents (84.7%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (10.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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