Electricity rates in Olive Branch, Mississippi
Olive Branch, MS ranks 1 of 8 Mississippi cities for the newest homes (median year built 1999). Olive Branch, Mississippi has 46,538 residents in 17,035 households; 34.3% heat with electricity.
Olive Branch on the map
DeSoto County, with Olive Branch marked
Housing and heating in Olive Branch
Olive Branch, MS: 1,879 of 17,666 homes were built before 1980 and 8,503 in 2000 or later. Olive Branch, MS has 15,766 detached houses, 1,151 homes in 5+ unit buildings and 229 mobile homes.
Age of homes in Olive Branch, MS
% of homes by decade built, Olive Branch, MS
- 1pre-40
- 140s
- 150s
- 360s
- 570s
- 1080s
- 3190s
- 3200s
- 1410s
- 220+
Heating fuel in Olive Branch, MS
| Olive Branch, MS | Value | County | Gap | Rank |
|---|---|---|---|---|
| Olive Branch, MS, median year built | 1999 | 1998 | +1 years | 1 of 8 |
| Olive Branch, MS, built before 1980 | 10.6% | 19.9% | -9.3 points | 8 of 8 |
| Olive Branch, MS, built 2000 or later | 48.1% | 44.2% | +4.0 points | 1 of 8 |
| Olive Branch, MS, detached houses | 89.2% | 83.6% | +5.6 points | 1 of 8 |
| Olive Branch, MS, apartments in 5+ unit buildings | 6.5% | 8.3% | -1.8 points | 8 of 8 |
| Olive Branch, MS, mobile homes | 1.3% | 3.9% | -2.6 points | 7 of 8 |
| Olive Branch, MS, renter households | 17.1% | 22.2% | -5.1 points | 8 of 8 |
| Olive Branch, MS, median home value | $269,900 | $248,700 | +$21,200 | 1 of 8 |
| Olive Branch, MS, median gross rent a month | $1,609 | $1,341 | +$268 | 1 of 8 |
| Olive Branch, MS, people per household | 2.73 | 2.71 | +0.02 | 1 of 8 |
Facts about Olive Branch
- Residents of Olive Branch, MS, ACS 2023
- 46,5386 of 8 Mississippi cities with 30,000+
- Median household income in Olive Branch, MS
- $98,4211 of 8 of those cities
- Households in Olive Branch, MS
- 17,0352.73 people each
- Owner-occupied homes in Olive Branch, MS
- 82.9%14,123 owners and 2,912 renter households
- Housing units in Olive Branch, MS
- 17,666631 vacant or seasonal
- Homes heated by electricity in Olive Branch, MS
- 34.3%5,843 of 17,035 homes
- Land area of Olive Branch, MS
- 55.8 sq mi833.4 people per sq mi
- Bill as share of income in Olive Branch, MS
- 1.8% to 1.9%at 1,156 kWh a month over the $98,421 median household income
- Wind and tornado reports within 15 miles of Olive Branch, MS
- 148NWS point reports 2015 to 2025, 318.0 per 100,000 residents
- Median year homes were built in Olive Branch, MS
- 19991,879 of 17,666 homes (10.6%) before 1980
- Median home value and rent in Olive Branch, MS
- $269,900$1,609 gross rent a month, 7.15% of value a year
Cost of living with electricity in Olive Branch
Olive Branch, MS: 17,035 households at $1,763 a year per home for electricity (DeSoto County average, DOE LEAD) come to about $30.0 million, an estimate; all home energy is $2,453 a year per household.
| Group in Olive Branch, MS | Households | Power per home | Power bill of the group | Share of Olive Branch, MS median income |
|---|---|---|---|---|
| Olive Branch, MS, all households | 17,035 | $1,763 | $30.0 million | 1.79% |
| Olive Branch, MS, homeowners | 14,123 | $1,885 | $26.6 million | 1.92% |
| Olive Branch, MS, renters | 2,912 | $1,365 | $4.0 million | 1.39% |
Who lives in Olive Branch: income, cars, homes
In Olive Branch, MS, 2,251 of 17,035 households earn under $35,000, 4,005 $35,000-$75,000, 7,246 $75,000-$150,000 and 3,533 $150,000 or more. 2,330 residents of Olive Branch, MS live below the poverty line, and the median age is 37.6. In Olive Branch, MS, 533 households own no vehicle and 13,122 own two or more; home EV charging depends on that. Olive Branch, MS homes: 15,916 have 3+ bedrooms, 431 none or one, median 6.7 rooms. In Olive Branch, MS, 950 of 2,692 renter households pay 30% or more of income in rent; 5,749 households moved in since 2018 and 2,827 before 2000, so electric accounts turn over at a moderate pace. Of 24,168 workers in Olive Branch, MS, 1,860 work from home, 19,802 drive alone, 0 ride transit and 59 walk.
Household income in Olive Branch, MS
| Olive Branch, MS | Value | Rank in Mississippi |
|---|---|---|
| Olive Branch, MS, households under $35,000 | 13.2% | 8 of 8 |
| Olive Branch, MS, households $150,000 or more | 20.7% | 1 of 8 |
| Olive Branch, MS, residents below poverty | 5.0% | 8 of 8 |
| Olive Branch, MS, median age | 37.6 | 3 of 8 |
| Olive Branch, MS, homes with 3+ bedrooms | 90.1% | 1 of 8 |
| Olive Branch, MS, households without a vehicle | 3.1% | 7 of 8 |
| Olive Branch, MS, households with 2+ vehicles | 77.0% | 1 of 8 |
| Olive Branch, MS, workers at home | 7.7% | 3 of 8 |
| Olive Branch, MS, cost-burdened renters | 35.3% | 8 of 8 |
| Olive Branch, MS, moved in since 2018 | 33.7% | 7 of 8 |
| Olive Branch, MS, moved in before 2000 | 16.6% | 5 of 8 |
Outage risk around Olive Branch
Olive Branch, MS, NWS reports within 15 miles of the centre, 2015 to 2025: 143 wind and 5 tornado, 318.0 per 100,000 residents of 46,538. Top gust near Olive Branch, MS: 87 knots, 100 mph. Damage near Olive Branch, MS: $8.4M.
Reports within 15 miles of Olive Branch, MS
wind and tornado reports, Olive Branch, MS
- 5'15
- 10'16
- 10'17
- 12'18
- 12'19
- 12'20
- 8'21
- 11'22
- 37'23
- 5'24
- 26'25
| Olive Branch, MS | Wind | Tornado | Total |
|---|---|---|---|
| Olive Branch, MS, 2015 | 5 | 0 | 5 |
| Olive Branch, MS, 2016 | 10 | 0 | 10 |
| Olive Branch, MS, 2017 | 10 | 0 | 10 |
| Olive Branch, MS, 2018 | 12 | 0 | 12 |
| Olive Branch, MS, 2019 | 10 | 2 | 12 |
| Olive Branch, MS, 2020 | 11 | 1 | 12 |
| Olive Branch, MS, 2021 | 8 | 0 | 8 |
| Olive Branch, MS, 2022 | 11 | 0 | 11 |
| Olive Branch, MS, 2023 | 36 | 1 | 37 |
| Olive Branch, MS, 2024 | 5 | 0 | 5 |
| Olive Branch, MS, 2025 | 25 | 1 | 26 |
Who supplies Olive Branch
DeSoto County lists 2 utilities for Olive Branch, MS (46,538 residents): homes pay 12.52 to 13.21 cents per kWh, about $145 to $153 a month at 1,156 kWh, 1.8% to 1.9% of the $98,421 Olive Branch median income. DeSoto County page.
Analyst note on Olive Branch
Household income in Olive Branch, MS is $98,421; 14,123 of its 17,035 households own. Olive Branch, MS counts 46,538 residents in 17,035 households, on 55.8 square miles. 5,843 of the 17,035 occupied homes in Olive Branch, MS heat with electricity.
Olive Branch, MS has 17,666 housing units, 631 of them vacant or seasonal. Olive Branch, MS ranks 1 of 8 Mississippi cities for the highest median home value ($269,900). Olive Branch, MS ranks 1 of 8 Mississippi cities for the highest median rent ($1,609 a month).
Olive Branch, MS ranks 1 of 8 Mississippi cities for the lowest share of renters (17%).
Bill and heat pump calculator, Olive Branch
Compare Olive Branch with nearby cities
| City near Olive Branch, MS | Distance from Olive Branch | Residents | Median income | Median year built | Median home value | Storm reports within 15 miles | Work from home |
|---|---|---|---|---|---|---|---|
| Olive Branch, MS (this page) | 0 mi | 46,538 | $98,421 | 1999 | $269,900 | 148 | 7.7% |
| Southaven, MS | 7.7 mi west | 55,531 (+8,993) | $76,159 (-$22,262) | 1997 (-2 yr) | $214,800 (-$55,100) | 154 (+6) | 8.5% (+0.8 pts) |
| Tupelo, MS | 78.8 mi southeast | 37,825 (-8,713) | $66,314 (-$32,107) | 1982 (-17 yr) | $201,300 (-$68,600) | 171 (+23) | 5.1% (-2.6 pts) |
| Jackson, MS | 183.7 mi south | 149,827 (+103,289) | $43,238 (-$55,183) | 1969 (-30 yr) | $108,200 (-$161,700) | 403 (+255) | 8.1% (+0.4 pts) |
| Meridian, MS | 189.6 mi south | 34,466 (-12,072) | $34,657 (-$63,764) | 1970 (-29 yr) | $100,800 (-$169,100) | 173 (+25) | 4.1% (-3.6 pts) |
| Hattiesburg, MS | 253.9 mi south | 48,507 (+1,969) | $44,140 (-$54,281) | 1980 (-19 yr) | $153,600 (-$116,300) | 210 (+62) | 4.5% (-3.2 pts) |
ZIP codes in Olive Branch
| ZIP area touching Olive Branch, MS | Share of the ZIP's land inside Olive Branch | Share of Olive Branch's land in the ZIP |
|---|---|---|
| 38654 (Olive Branch, MS) | 40.5% | 100.0% |
Census 2020 ZCTA to place land-area overlap. Look up any ZIP.
Mississippi: home prices since 2001, planned plants.
Questions on Olive Branch
Olive Branch: what is the electricity rate?
Olive Branch, MS has no price of its own; its 46,538 residents are served by one of 2 utilities, and a 1,156 kWh month costs $145 to $153.
Olive Branch: how does it rank among Mississippi cities?
Olive Branch, MS: rank 6 of 8 by its 46,538 residents, rank 1 of 8 by $98,421 median income.
Olive Branch: how many homes heat with electricity?
Olive Branch, MS: 5,843 of 17,035 occupied homes, 34.3%; DeSoto County 38.0%.
Olive Branch: how much income goes to electricity?
At 1,156 kWh a month, 1.8% to 1.9% of the $98,421 median income in Olive Branch, MS.
Olive Branch: damaging storms reported nearby?
148 NWS wind and tornado reports within 15 miles of the centre of Olive Branch, MS, 2015 to 2025, 318.0 per 100,000 residents.
How old are the homes in Olive Branch?
Olive Branch, MS: median home built 1999; 1,879 of 17,666 homes (10.6%) predate 1980, 15,766 are detached and 1,151 sit in buildings of 5+ units.
How many households in Olive Branch, MS earn under $35,000?
2,251 of 17,035, against 3,533 at $150,000 or more.
How many residents of Olive Branch, MS live below the poverty line?
2,330 residents.
How many Olive Branch, MS households have no car?
533 households; 13,122 have two or more.