The Town FilesOlivet, New Jersey
Community in Salem County · population 1,297 (2020 Census)
- Median home
- $340,700
- Household income
- $128,849
- Jan low / Jul high
- 25° / 89°
- Snow a year
- 13 in
- Tornadoes ≤10 mi since 1950
- 9
- Median age
- 43.2
Olivet is a community of 1,297 people in Salem County, New Jersey. The median home is worth $340,700, below the typical New Jersey town ($435,600). It ranks easier by car than 99% of New Jersey towns, quieter than 79% of New Jersey towns.
How Olivet ranks
Percentile among New Jersey towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of New Jersey towns.
Homes and cost of living
The median home in Olivet is worth $340,700, below the typical New Jersey town ($435,600). Homes cost about 2.6 times the median household income of $128,849, which is more affordable than 94% of New Jersey towns. 100.0% of households own their home.
| Housing | Olivet | Typical New Jersey town |
|---|---|---|
| Median home value | $340,700 | $435,600 |
| Median rent | — | $1,774 |
| Median household income | $128,849 | $111,891 |
| Home value ÷ income | 2.6× | 3.8× |
| Homeownership | 100.0% | 80.8% |
| Median year built | 1984 | 1969 |
| Seasonal / vacation homes | 0.0% | — |
Who lives in Olivet
| People | Olivet | Typical New Jersey town |
|---|---|---|
| Median age | 43.2 | 42.7 |
| Age 65 and over | 16.7% | 18.3% |
| Under 18 | 22.8% | — |
| Bachelor's degree or higher | 31.6% | 44.1% |
| Below the poverty line | 4.6% | 5.7% |
| Veterans | 1.7% | — |
| Born outside the U.S. | 0.0% | — |
| Work from home | 1.2% | 16.3% |
| Average commute | 24.8 min | 30.4 min |
| Homes with broadband | 100.0% | 94.6% |
Weather in Olivet
July highs average 88.8°F and January lows 25.4°F. About 46.6 inches of rain and melted snow fall a year, with 13.3 inches of snow (typical New Jersey town: 24.5 in). Expect about 35 days a year at 90°F or hotter and 104 nights at or below freezing.
Tornadoes, storms and disasters
9 tornadoes have passed within 10 miles of Olivet since 1950, compared with 9 for the typical New Jersey town. 2 rated (E)F2 or stronger. The strongest, an F2, struck on May 10, 1990 about 8.8 miles from the town center. The most recent was on July 16, 1995.
Hail of 1 inch or larger has been reported within 10 miles 16 times; the largest was 1.75 inches on May 22, 2014.
Severe weather in Salem County since 1996
Salem County has been included in 26 federal disaster or emergency declarations since 1953, most often for fire, flood, other.
| Declared | Incident | Declaration |
|---|---|---|
| September 5, 2021 | Hurricane | DR-4614: Remnants Of Hurricane Ida |
| September 2, 2021 | Hurricane | EM-3573: Remnants Of Hurricane Ida |
| December 11, 2020 | Hurricane | DR-4574: Tropical Storm Isaias |
| March 25, 2020 | Biological | DR-4488: Covid-19 Pandemic |
| March 13, 2020 | Biological | EM-3451: Covid-19 |
Jobs and pay in Salem County
Salem County had 21,587 jobs in 2024, paying an average of $67,562 a year. Unemployment was 5.5% in 2023; in Olivet itself the ACS puts it at 5.4%.
Towns near Olivet
- Pittsgrove, NJ2.5 mi · 8,777 people · home $302,500
- Seabrook Farms, NJ3.5 mi · 1,508 people · home $210,400
- Elmer, NJ3.7 mi · 1,347 people · home $227,300
- Upper Deerfield, NJ3.7 mi · 7,645 people · home $246,300
- Rosenhayn, NJ4.6 mi · 1,150 people · home $226,400
- Carlls Corner, NJ5.2 mi · 911 people · home $205,400
- Upper Pittsgrove, NJ5.4 mi · 3,432 people · home $258,300
- Silver Lake, NJ5.9 mi · 1,435 people · home $374,500
Olivet questions
Is Olivet, New Jersey a good place to retire?
On The Town Files lifestyle rankings, Olivet scores better for retirees than 26% of New Jersey towns and quieter than 79%. 16.7% of residents are 65 or older (median age 43.2).
How much does a house cost in Olivet?
The median owner-occupied home in Olivet is valued at $340,700 (Census ACS 2020–2024), against a median household income of $128,849, so homes cost about 2.6 times income. Median rent is — a month.
What is the weather like in Olivet?
July highs average 88.8°F and January lows 25.4°F (NOAA 1991–2020 normals). It gets about 46.6 inches of precipitation a year and 13.3 inches of snow.
Does Olivet get tornadoes?
9 tornadoes have passed within 10 miles of Olivet since 1950 (NOAA Storm Events); the strongest was a F2 on May 10, 1990. The typical New Jersey town has had 9.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)