Olivet is located in southeast South Dakota. Olivet is part of Hutchinson County. Olivet has 0.15 square miles of land area and has no water area. As of 2010-2014, the total Olivet population is 92, which has grown 31.43% since 2000. The population growth rate is much higher than the state average rate of 10.58% and is much higher than the national average rate of 11.61%. Olivet median household income is $33,594 in 2010-2014 and has has shrunk by 5.70% since 2000. The income growth rate is much lower than the state average rate of 42.67% and is much lower than the national average rate of 27.36%. Olivet median house value is $38,400 in 2010-2014 and has shrunk by -53.60% since 2000. The house value growth rate is lower than the state average rate of 70.48% and is higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Olivet is much better than the state average in quality. The Olivet area code is 605.