There are 20 independent living communities serving Olive Branch, Mississippi. This includes 1 community in Olive Branch and 19 nearby. The daily costs for independent living in Mississippi range from $15 up to $144, with an average cost running about $53. The monthly cost averages about $1,595 and ranges between $440 and $4,331. Yearly, the median cost is around $19,140, which is below the national average of $23,100.
Costs of independent living in Olive Branch can range between $550 per month and $3,920 per month. The average cost is about $2,041 per month, or around $24,486 annually.
Olive Branch is a small city in DeSoto County, Mississippi. It is part of the Memphis metro area. While the city itself is home to 45,956 inhabitants, the encompassing metro area includes a total population of 188,334. Those who are over 55 make up about 22% of the total community.
Olive Branch has a good SeniorScore™ of 75. The city has an average per capita income of $28,000 and an average household income is $71,000 (the Mississippi state average is $34,000). The current unemployment rate is approximately 7.47% and the median home price is $261,000, which is significantly higher than the Mississippi average of $114,000.
Olive Branch has mild average temperatures, with comfortable winters and balmy summers. The area receives very large levels of rainfall each year. Olive Branch has an average rate of crime and average air quality in comparison to other cities in the US.