Living in Mount Olivet, Kentucky
Cost of living, income, home prices, rent and demographics of Mount Olivet · Census data 2020–2024
Mount Olivet has 170 residents with a median age of 49.5. The median home value is $65,000.
Mount Olivet is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Mount Olivet at a glance
- Population
- 170
- Median age
- 49.5State: 39.1
- Median home value
- $65,000State: $205,600
- Homeowners
- 62.4%
- Bachelor's degree or higher
- 22.1%
- Average commute
- 31 min
Is Mount Olivet a good place to live?
Pros: Home values 68% lower than the state median; unemployment of 3.9%.
Cons: An average commute of 31 minutes; a poverty rate of 31.8%.
The weather is best in May and August to October.
Cost of living in Mount Olivet
Housing is the biggest part of the cost of living. In Mount Olivet the median home value is $65,000, 80% lower than the U.S. median. Renters pay a median of — per month, which is 51% of household income. Homeowners with a mortgage pay $1,438 a month in housing costs.
Housing in Mount Olivet: homes for sale and rent
- Housing units
- 142
- Owner-occupied
- 62.4%
- Renter-occupied
- 37.6%
- Vacant
- 34.5%Includes seasonal homes
- Median year built
- 1940
- Average household size
- 1.83
34.5% of homes are vacant most of the year, a sign that Mount Olivet has many vacation and second homes.
Mount Olivet demographics
- Population
- 170
- Median age
- 49.5
- Under 18
- 18.8%
- 65 and older
- 20%
- Households
- 93
- Foreign-born
- 0%
- Veterans
- 3.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Mount Olivet ›
Education in Mount Olivet
22.1% of adults 25 and older in Mount Olivet have a bachelor's degree or higher (Kentucky: 27.6%), and 15.6% have a graduate or professional degree.
Jobs and commute in Mount Olivet
- Unemployment rate
- 3.9%State: 4.9%
- Average commute
- 31 minState: 24 min
- Work from home
- 2%
- Drive alone
- 69.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 65.6%
Mount Olivet vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mount Olivet | 170 | — | $65,000 | — |
| Germantown | 232 | $77,000 | $101,400 | $1,292 |
| Brooksville | 883 | $54,844 | $84,800 | $716 |
| Ewing | 346 | $55,903 | $85,700 | — |
| Carlisle | 2,214 | $49,201 | $101,500 | $636 |
| Maysville | 8,737 | $39,013 | $151,500 | $699 |
| Millersburg | 819 | $41,685 | $97,300 | $675 |
| Augusta | 1,510 | $51,250 | $110,200 | $744 |
| Aberdeen | 1,517 | $45,484 | $171,400 | $588 |
More for people moving to Mount Olivet
Mount Olivet ZIP code ›Weather and climate ›Living in Mount Olivet: FAQ
What is the average home price in Mount Olivet?
The median home value in Mount Olivet is $65,000, compared with $205,600 in Kentucky.
Is Mount Olivet, KY a good place to live?
Pluses: home values 68% lower than the state median; unemployment of 3.9%. Minuses: an average commute of 31 minutes; a poverty rate of 31.8%.
What is the median age in Mount Olivet?
The median age in Mount Olivet is 49.5 years (Kentucky: 39.1).
How long is the commute in Mount Olivet?
The average commute to work in Mount Olivet is 31 minutes; 2% of workers work from home.
What is the unemployment rate in Mount Olivet?
The unemployment rate in Mount Olivet is 3.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mount Olivet?
22.1% of adults in Mount Olivet have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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