Rent-to-Own Homes in Olive Branch, MS: What You Need to Know
A city with significant on-going growth, Olive Branch is an excellent choice for those interested in Mississippi. The job market is strong and a reason many people choose to move here. The schools are excellent, as are the neighborhoods, making Olive Branch ideal for those with, or planning on having, children.
One of the major draws of Olive Branch, Mississippi is its sound job market. There are several Fortune 500 companies located in town, as well. Owens & Minor, Packaging Corporation of America, Emerson, and Hyve Solutions are just a few of these major corporations. The average hourly rate for a job is $15.00 and the median household income is $72,000.
Schools and Higher Education
Because Olive Branch is so popular among families, the schools are some of the best in the state. There are 41 public schools teaching nearly 34,000 students. Both the maths and reading scores are significantly higher than the state averages. There are just 3 private schools, educating about 400 students.
For those interested in higher education, there are 20 colleges within a 50-mile radius of Olive Branch. DeVry University, Remington College Memphis Campus, and Vatterott Career College Memphis Dividend Drive are the three closest schools.
Weather and Climate
Residents of Olive Branch enjoy a humid, subtropical climate. The summers are hot, humid, and long, while winters are ice-cold, wet, and quick. It’s damp and partly cloudy here all year. It rains a total of 54” per year, and gets just 5” of snow. The coldest month is January, with temperatures often dipping down to 28°F. July is the warmest month, with an average high of 91°F.
Home to 40,000, Olive Branch is the sixth-largest city in Mississippi. Of all these people, 35% are under 18 years old, while just 13% are over 65 years old. The median age here is 38. Out of the total population, 62% is White, 30% is African American, 3% is Mixed Race, and 2% is Asian American. 91% of all adults have their high school diploma, and 27% have their Bachelor’s degree.
Know Your Neighborhoods
One of the best places to live in all of Mississippi, Hernando is home to 16,000. Many of these residents are families and young professionals. They enjoy top-rated public schools and a quiet suburban environment. The median home value is $188,000 and the majority of residents own their homes. The median rent is $1,000.
Home to 53,000, Southaven is another Mississippi favorite. Southaven is popular among families and young professionals who enjoy a quiet suburban environment and highly ranked public schools. The median home value is $144,000 and just over half the residents own their homes. The median rent is $1,025.
Horn lake is home to 27,000 residents, many of whom are families. These residents enjoy strong public schools and peaceful suburbs. The median home value is $103,000 and just over half the residents own their homes. The median rent is $1,000.