Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Olive Branch

Learn about the people, housing, costs and businesses in Olive Branch, Mississippi

Median Home$291,929
Median Rent$2,098/month
Population39,813
Leading IndustriesFinance & Insurance · Information & Media · Transportation8% finance & insurance
Home Value Growth⬆⬆+14.6% over 2 years
Young Adults29% of residentsslightly above average
Homeowners81% of occupied units
NotableAmenity Score71/100 · highly walkable area
NotableHigh Incomes$97k/year · top 19% nationally
Olive Branch
MS

Frequently Asked Questions

What are today's mortgage rates in Olive Branch?

As of today, the 30-year fixed mortgage rate for Olive Branch is approximately 6.986% (7.025% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Olive Branch
What is the median home price in Olive Branch?

The median home value in Olive Branch is $292k. The median monthly rent is $2,098. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Olive Branch?

Home values in Olive Branch have increased 14.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Olive Branch?

Based on a typical all-in ownership cost of $1,492/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $64k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Olive Branch is $97k/year.

Calculate your buying power
What industries drive the economy in Olive Branch?

The largest employment sectors in Olive Branch are public administration (19%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.