Living in Mount Olive, New Jersey
Cost of living, income, home prices, rent and demographics of Mount Olive · Census data 2020–2024
Mount Olive has 29,149 residents with a median age of 39.8. The median household income is $117,394 (13% higher than the New Jersey median), the median home value is $487,100, the median rent is $1,697/month.
Mount Olive at a glance
- Population
- 29,149
- Median age
- 39.8State: 40.1
- Median household income
- $117,394State: $103,556
- Median home value
- $487,100State: $454,400
- Median rent
- $1,697/moState: $1,720
- Homeowners
- 60.9%
- Bachelor's degree or higher
- 48.8%
- Average commute
- 32 min
Is Mount Olive a good place to live?
Pros: Median household income 13% higher than the New Jersey median; unemployment of 5.2%; a poverty rate of 4.3%.
Cons: Home values 7% higher than the state median; an average commute of 32 minutes.
The weather is best in June to September.
Cost of living in Mount Olive
Housing is the biggest part of the cost of living. In Mount Olive the median home value is $487,100, 46% higher than the U.S. median. Renters pay a median of $1,697 per month, which is 27.8% of household income. Homeowners with a mortgage pay $3,154 a month in housing costs.
Mount Olive median household income
The median household income in Mount Olive is $117,394 and the income per person is $59,099. 4.3% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Mount Olive: homes for sale and rent
- Housing units
- 11,418
- Owner-occupied
- 60.9%
- Renter-occupied
- 39.1%
- Vacant
- 1.9%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.60
Mount Olive demographics
- Population
- 29,149
- Median age
- 39.8
- Under 18
- 22.4%
- 65 and older
- 13.2%
- Households
- 11,197
- Foreign-born
- 21.6%
- Veterans
- 3.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Mount Olive ›
Education in Mount Olive
48.8% of adults 25 and older in Mount Olive have a bachelor's degree or higher (New Jersey: 43.6%), and 17.3% have a graduate or professional degree.
Jobs and commute in Mount Olive
- Unemployment rate
- 5.2%State: 6.3%
- Average commute
- 32 minState: 31 min
- Work from home
- 16.5%
- Drive alone
- 74.7%
- Public transit
- 1.1%
- Walk to work
- 0.7%
- Homes with broadband
- 92.7%
Mount Olive vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mount Olive | 29,149 | $117,394 | $487,100 | $1,697 |
| Budd Lake | 10,650 | $114,154 | $456,100 | $1,402 |
| Flanders | 8,809 | $147,367 | $552,900 | $1,862 |
| Netcong | 3,659 | $83,958 | $346,100 | $1,432 |
| Stanhope | 3,552 | $139,205 | $376,700 | $1,964 |
| Ledgewood | 5,377 | $135,912 | $460,900 | $2,186 |
| Port Morris | 858 | $69,067 | $410,100 | $1,470 |
| Hackettstown | 10,140 | $93,083 | $361,600 | $1,469 |
| Succasunna | 9,799 | $161,712 | $529,100 | $2,516 |
More for people moving to Mount Olive
Mount Olive ZIP code ›Weather and climate ›Living in Mount Olive: FAQ
What is the median household income in Mount Olive, NJ?
The median household income in Mount Olive is $117,394, 13% higher than the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Mount Olive?
The median home value in Mount Olive is $487,100, compared with $454,400 in New Jersey.
How much is rent in Mount Olive?
The median gross rent in Mount Olive is $1,697 per month, about 27.8% of household income.
Is Mount Olive, NJ a good place to live?
Pluses: median household income 13% higher than the New Jersey median; unemployment of 5.2%; a poverty rate of 4.3%. Minuses: home values 7% higher than the state median; an average commute of 32 minutes.
What is the median age in Mount Olive?
The median age in Mount Olive is 39.8 years (New Jersey: 40.1).
How long is the commute in Mount Olive?
The average commute to work in Mount Olive is 32 minutes; 16.5% of workers work from home.
What is the unemployment rate in Mount Olive?
The unemployment rate in Mount Olive is 5.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mount Olive?
48.8% of adults in Mount Olive 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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