This was 2.9 percent higher than the state average of 43.7 percent. In 2020 the total municipality population reached 384.
97.6 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Olivet for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 7 | 2.4 |
| Regular high school diploma | 90 | 31 |
| GED or alternative credential | 5 | 1.7 |
| Some college, less than 1 year | 29 | 10 |
| Some college, 1 or more years, no degree | 24 | 8.3 |
| Associate's degree | 47 | 16.2 |
| Bachelor's degree | 45 | 15.5 |
| Master's degree | 40 | 13.8 |
| Professional school degree | 3 | 1 |
| Doctorate degree | 0 | 0 |
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