Living in Olive Hill, Kentucky
Cost of living, income, home prices, rent and demographics of Olive Hill · Census data 2020–2024
Olive Hill has 1,636 residents with a median age of 52.4. The median household income is $70,682 (11% higher than the Kentucky median), the median home value is $136,700, the median rent is $542/month.
Olive Hill at a glance
- Population
- 1,636
- Median age
- 52.4State: 39.1
- Median household income
- $70,682State: $63,726
- Median home value
- $136,700State: $205,600
- Median rent
- $542/moState: $967
- Homeowners
- 69.9%
- Bachelor's degree or higher
- 22.7%
- Average commute
- 16 min
Is Olive Hill a good place to live?
Pros: Median household income 11% higher than the Kentucky median; home values 34% lower than the state median; an average commute of 16 minutes; unemployment of 0.7%.
Cons: A poverty rate of 19.8%.
The weather is best in May–June and August–September.
Cost of living in Olive Hill
Housing is the biggest part of the cost of living. In Olive Hill the median home value is $136,700, 59% lower than the U.S. median. Renters pay a median of $542 per month, which is 26% of household income. Homeowners with a mortgage pay $1,432 a month in housing costs.
Olive Hill median household income
The median household income in Olive Hill is $70,682 and the income per person is $35,930. 19.8% of residents live below the poverty line (Kentucky: 16.1%).
Housing in Olive Hill: homes for sale and rent
- Housing units
- 994
- Owner-occupied
- 69.9%
- Renter-occupied
- 30.1%
- Vacant
- 16.7%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 1.98
Olive Hill demographics
- Population
- 1,636
- Median age
- 52.4
- Under 18
- 13.6%
- 65 and older
- 33.3%
- Households
- 828
- Foreign-born
- 0%
- Veterans
- 7.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Olive Hill ›
Education in Olive Hill
22.7% of adults 25 and older in Olive Hill have a bachelor's degree or higher (Kentucky: 27.6%), and 14.6% have a graduate or professional degree.
Jobs and commute in Olive Hill
- Unemployment rate
- 0.7%State: 4.9%
- Average commute
- 16 minState: 24 min
- Work from home
- 1.3%
- Drive alone
- 82%
- Public transit
- 0%
- Walk to work
- 12.4%
- Homes with broadband
- 80.3%
Olive Hill vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Olive Hill | 1,636 | $70,682 | $136,700 | $542 |
| Grayson | 3,778 | $27,542 | $136,900 | $745 |
| Morehead | 6,870 | $36,741 | $184,900 | $800 |
| Garrison | 552 | $29,500 | $66,600 | — |
| Lakeview Heights | 332 | $86,250 | $200,000 | — |
| Vanceburg | 1,482 | $30,054 | $90,600 | $391 |
| Greenup | 813 | $40,313 | $143,000 | $890 |
| Cannonsburg | 1,129 | $76,450 | $179,900 | $864 |
| Wurtland | 1,154 | $60,972 | $95,000 | $917 |
More for people moving to Olive Hill
Olive Hill ZIP code ›Weather and climate ›Living in Olive Hill: FAQ
What is the median household income in Olive Hill, KY?
The median household income in Olive Hill is $70,682, 11% higher than the Kentucky median of $63,726 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Olive Hill?
The median home value in Olive Hill is $136,700, compared with $205,600 in Kentucky.
How much is rent in Olive Hill?
The median gross rent in Olive Hill is $542 per month, about 26% of household income.
Is Olive Hill, KY a good place to live?
Pluses: median household income 11% higher than the Kentucky median; home values 34% lower than the state median; an average commute of 16 minutes; unemployment of 0.7%. Minuses: a poverty rate of 19.8%.
What is the median age in Olive Hill?
The median age in Olive Hill is 52.4 years (Kentucky: 39.1).
How long is the commute in Olive Hill?
The average commute to work in Olive Hill is 16 minutes; 1.3% of workers work from home.
What is the unemployment rate in Olive Hill?
The unemployment rate in Olive Hill is 0.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Olive Hill?
22.7% of adults in Olive Hill 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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