38654 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: DeSoto County
Centroid: Latitude 34.95, Longitude -89.863
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 38654 has segments in 2 Counties (DeSoto, Marshall).

Businesses Addresses: 1,728
PO Box Addresses: 666
Residential Addresses: 22,080

Multi-Family Addresses: 1,615
Single Family Addresses: 20,465

Foreclosures in MS 38654

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2023, Maps updated: August 12, 2022.

Olive Branch, MS 38654 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	58,272 (100%)
Population in Households	58,227 (99.9%)
Population in Families	51,577 (88.5%)
Population in Group Quarters¹	45 ( 0.1%)
Population Density	626
Diversity Index²	59


INCOME
Median Household Income	$82,706
Average Household Income	$103,818
% of Income for Mortgage⁴	15%
Per Capita Income	$37,059
Wealth Index⁵	95

HOUSING
Total HU (Housing Units)	22,016 (100%)
Owner Occupied HU	16,930 (76.9%)
Renter Occupied HU	3,794 (17.2%)
Vacant Housing Units	1,292 ( 5.9%)
Median Home Value	$234,732
Average Home Value	$262,581
Housing Affordability Index³	168

HOUSEHOLDS
Total Households	20,724
Average Household Size	2.81
Family Households	16,133
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Olive Branch, MS 38654 - Peer Comparisons by Rank and Percentile

The table below compares 38654 to the other 407 ZIP Codes in Mississippi by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	1.10%	0.67%
Households	1.13%	0.71%
Families		0.65%
Median Household Income		2.93%
Per Capita Income		2.37%
Owner Occupied HU		0.81%

Variable Description	Rank	Percentile
Total Population	# 1	100th
Population Density	# 32	92nd
Median Household Income	# 6	99th
Housing Affordability Index	# 164	40th
Per Capita Income	# 22	95th
Diversity Index	# 37	91st

38654 ZIP Code Profile, Map, Data & Demographics

ZIP Code 38654: Basic Data & USPS Preferred City Name

Olive Branch, MS 38654 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Olive Branch, MS 38654 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 38654

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DeSoto County