Olivia is located in south Minnesota. Olivia is part of Renville County. Olivia has 2.34 square miles of land area and has no water area. As of 2010-2014, the total Olivia population is 2,394, which has shrunk 6.85% since 2000. The population growth rate is much lower than the state average rate of 9.44% and is much lower than the national average rate of 11.61%. Olivia median household income is $46,250 in 2010-2014 and has grown by 31.92% since 2000. The income growth rate is higher than the state average rate of 29.12% and is higher than the national average rate of 27.36%. Olivia median house value is $95,200 in 2010-2014 and has grown by 40.21% since 2000. The house value growth rate is lower than the state average rate of 51.31% and is lower 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 Olivia is close to the state average in quality. The Olivia area code is 320.