Housing data for Olive Township (Elkhart County), IN

Olive Township (Elkhart County), IN has an estimated 3,389 residents and 1,218 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a township in Elkhart County.

13.3% of households rent.

The median gross rent is $1,010 a month.

Its population grew measurably since 2015–2019 (+6.1%).

Figures last updated on .

Residents
3,389 (±25)
Housing units
1,218 (±152)
Households that rent
13.3%
Median gross rent
$1,010
Residents since 2015–2019
+6.1%

What stands out in Olive Township (Elkhart County)

Households that rent: 13.3% (±4.3 points) in Olive Township (Elkhart County), lower than in Elkhart County (28.4%).

Renters paying 30% or more of income: 28.7% (±18.1 points) in Olive Township (Elkhart County), lower than in Elkhart County (47.8%).

Average commute: 28.3 minutes (±5.7) in Olive Township (Elkhart County), higher than in Elkhart County (20.0 minutes).

Median household income: $81,510 (±$9,659) in Olive Township (Elkhart County), higher than in Elkhart County ($68,561).

Housing in Olive Township (Elkhart County) at a glance

  • Median rent: $1,010 median gross rent a month
  • Rent by bedrooms (Small sample: wide margin of error)
  • Rent burden: 28.7% of renters pay 30% or more of income (Small sample: wide margin of error)
  • Renters and owners: 13.3% of households rent
  • Income and affordability: $81,510 median household income
  • Home values: $239,200 median home value
  • Homeowner costs: $1,403 median monthly cost with a mortgage
  • Property taxes: $2,107 median real estate taxes a year
  • Types of homes: 6.4% of homes are in buildings of 5 or more units
  • Bedrooms: 77.4% of homes have 3 or more bedrooms
  • Age of homes: 64.9% of homes were built before 1980
  • Vacancy rate: 30.9% rental vacancy rate (Small sample: wide margin of error)
  • Heating fuel: 81.9% heat with utility gas
  • Commute and cars: 28.3 minutes average trip to work
  • Growth: +6.1% residents since 2015–2019
  • How long people stay: 16.0% moved in since 2020
  • Crowding and facilities: 0.8% of homes have more than 1 person per room (Small sample: wide margin of error)

Olive Township (Elkhart County) against Elkhart County, its state and the nation

Estimate (90% margin of error)
Olive Township (Elkhart County)Elkhart CountyIndianaUnited States
Residents3,389 (±25)207,132 (exact)6,851,073 (exact)334,922,499
Housing units1,218 (±152)80,493 (±84)2,976,568 (±617)143,775,355
Households that rent13.3% (±4.3 points)28.4% (±1.4 points)29.4% (±0.3 points)34.8%
Median gross rent$1,010 (±$245)$1,047 (±$29)$1,062 (±$5)$1,413
Median household income$81,510 (±$9,659)$68,561 (±$2,286)$71,957 (±$352)$80,734
Median home value$239,200 (±$25,025)$210,400 (±$4,758)$218,200 (±$739)$332,700
Median real estate taxes (a year)$2,107 (±$443)$1,717 (±$52)$1,614 (±$9)$3,119
Built before 198064.9% (±11.2 points)54.2% (±2.0 points)55.0% (±0.3 points)49.7%
Average commute28.3 minutes (±5.7)20.0 minutes (±0.6)24.1 minutes (±0.1)26.4 minutes
Households with broadband90.4% (±6.4 points)88.6% (±1.0 points)89.9% (±0.2 points)91.0%
Median age of residents39.9 years (±2.5)35.6 years (±0.2)38.1 years (±0.2)38.9 years

Olive Township (Elkhart County) covers 18.1 square miles of land, about 187 residents per square mile (Census Bureau Gazetteer).

How Olive Township (Elkhart County) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents3,193 (±41)3,389 (±25)+6.1%Measurable increase
Housing units1,202 (±102)1,218 (±152)+1.3%Not a measurable change
Median gross rent$766 (±$261)$1,010 (±$245)+31.9%No measurable change after inflation
Median home value$170,000 (±$20,546)$239,200 (±$25,025)+40.7%No measurable change after inflation
Median household income$64,865 (±$12,129)$81,510 (±$9,659)+25.7%No measurable change after inflation
Median owner cost with a mortgage$1,153 (±$68)$1,403 (±$176)+21.7%No measurable change after inflation
Median real estate taxes$1,268 (±$123)$2,107 (±$443)+66.2%Up after inflation
Households that rent24.4% (±9.5 points)13.3% (±4.3 points)−11.1 percentage pointsMeasurable decrease
Rental vacancy rate0.0% (±10.8 points)30.9% (±19.3 points)+30.9 percentage pointsMeasurable increase

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Crime reported to police in Elkhart County

Olive Township (Elkhart County) has no police department of its own in the FBI’s figures, so this is the figure for Elkhart County as a whole.

In 2025, the police departments that report for Elkhart County recorded 159 violent and 775 property crimes per 100,000 residents.

A county-wide figure describes the whole county, not this place; crime varies from one community to the next.

ZIP codes in Olive Township (Elkhart County)

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
4657332%3,936$955$241,100$85,750
4651719%25,433$938$177,200$56,772

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Olive Township (Elkhart County)

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Wakarusa3.0 mi$955$207,20014.8%
Baugo Township4.8 mi$1,476$201,4009.8%
Harrison Township (Elkhart County)5.1 mi$947$291,00014.4%
Madison Township (St. Joseph County)5.7 mi$914$287,3005.1%
Locke Township6.5 mi$856$249,20021.7%
Osceola6.9 mi$1,654$196,90017.5%
Dunlap7.1 mi$1,271$222,2004.2%
Concord Township (Elkhart County)7.2 mi$977$155,40037.2%

Places in Indiana most like Olive Township (Elkhart County)

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Liberty Township (St. Joseph County)$960$222,500$76,41811.9%
Wakarusa$955$207,200$74,46414.8%
Lanesville$975$220,600$84,34523.3%
Union Township (St. Joseph County)$873$238,200$76,63614.7%
Jackson Township (Boone County)$966$207,200$75,72917.3%
Burlington Township$938$236,400$86,54410.8%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Indiana.

HUD Fair Market Rent for Olive Township (Elkhart County), fiscal year 2027

Elkhart-Goshen, IN MSA, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$1,008$1,048$1,253$1,653$1,752

HUD income limits for Olive Township (Elkhart County), fiscal year 2026

Elkhart-Goshen, IN MSA, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$18,900$31,500$50,350
2 people$21,640$36,000$57,550
3 people$27,320$40,500$64,750
4 people$33,000$44,950$71,900
5 people$38,680$48,550$77,700
6 people$44,360$52,150$83,450
7 people$50,040$55,750$89,200
8 people$55,720$59,350$94,950

These are the limits HUD sets for its housing programs in the Elkhart-Goshen, IN MSA, where HUD’s median family income for fiscal year 2026 is $89,900.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Olive Township (Elkhart County)

What is the average rent in Olive Township (Elkhart County), IN?

The Census Bureau publishes the median rather than the average: the median gross rent in Olive Township (Elkhart County) is $1,010 (±$245) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How many renters are there in Olive Township (Elkhart County)?

Olive Township (Elkhart County) has an estimated 152 (±55) renting households, 13.3% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Olive Township (Elkhart County)?

The median household income in Olive Township (Elkhart County) is $81,510 (±$9,659) a year (2020–2024 American Community Survey).

What is the average home value in Olive Township (Elkhart County), IN?

The Census Bureau publishes the median: $239,200 (±$25,025) for owner-occupied homes in Olive Township (Elkhart County) (2020–2024 American Community Survey).

What is the average mortgage payment in Olive Township (Elkhart County)?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Olive Township (Elkhart County), IN is $1,403 (±$176) a month, including taxes, insurance and utilities.

How much are property taxes in Olive Township (Elkhart County)?

The median real estate tax paid by homeowners in Olive Township (Elkhart County), IN is $2,107 (±$443) a year (2020–2024 American Community Survey).

Is Olive Township (Elkhart County) growing?

In Olive Township (Elkhart County), the number of residents went from 3,193 in 2015–2019 to 3,389 in 2020–2024 (+6.1%), a measurable increase.

What ZIP codes are in Olive Township (Elkhart County)?

The ZIP codes that cover Olive Township (Elkhart County) are 46573, 46517.

What is the median rent in ZIP code 46573?

The median gross rent in ZIP Code Tabulation Area 46573 is $955 (±$381) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Olive township, Elkhart County, Indiana (county subdivision:56520, in state:18 county:039).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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