Living in Mount Olive, North Carolina

Cost of living, income, home prices, rent and demographics of Mount Olive · Census data 2020–2024

Mount Olive has 4,453 residents with a median age of 42.9. The median household income is $48,700 (33% lower than the North Carolina median), the median home value is $153,500, the median rent is $950/month.

Mount Olive at a glance

Population
4,453
Median age
42.9State: 39.1
Median household income
$48,700State: $72,388
Median home value
$153,500State: $288,900
Median rent
$950/moState: $1,228
Homeowners
56.9%
Bachelor's degree or higher
22.8%
Average commute
19 min

Is Mount Olive a good place to live?

Pros: Home values 47% lower than the state median; an average commute of 19 minutes.

Cons: Median household income 33% lower than the North Carolina median; unemployment of 9.8%; a poverty rate of 17.7%.

The weather is best in April–May and September–October.

Cost of living in Mount Olive

Housing is the biggest part of the cost of living. In Mount Olive the median home value is $153,500, 54% lower than the U.S. median. Renters pay a median of $950 per month, which is 30.6% of household income. Homeowners with a mortgage pay $1,405 a month in housing costs.

Median home value

Mount Olive$153,500
North Carolina$288,900
United States$332,700

Median monthly rent

Mount Olive$950
North Carolina$1,228
United States$1,413

Mount Olive median household income

The median household income in Mount Olive is $48,700 and the income per person is $25,344. 17.7% of residents live below the poverty line (North Carolina: 13%).

Median household income

Mount Olive$48,700
North Carolina$72,388
United States$80,734

Housing in Mount Olive: homes for sale and rent

Housing units
1,927
Owner-occupied
56.9%
Renter-occupied
43.1%
Vacant
13%Includes seasonal homes
Median year built
1963
Average household size
2.35

Mount Olive demographics

Population
4,453
Median age
42.9
Under 18
15.6%
65 and older
20.7%
Households
1,677
Foreign-born
16.1%
Veterans
5.5%Adults 18+

Race and ethnicity

White36.8%
Hispanic or Latino7.4%
Black50.5%
Asian0.6%

Hispanic or Latino can be of any race. Population history of Mount Olive ›

Education in Mount Olive

22.8% of adults 25 and older in Mount Olive have a bachelor's degree or higher (North Carolina: 35.7%), and 8.3% have a graduate or professional degree.

Bachelor's degree or higher

Mount Olive22.8%
North Carolina35.7%
United States35.7%

Jobs and commute in Mount Olive

Unemployment rate
9.8%State: 4.7%
Average commute
19 minState: 25 min
Work from home
5.5%
Drive alone
76.2%
Public transit
0.3%
Walk to work
2.8%
Homes with broadband
86.6%

Mount Olive vs nearby towns

TownPopulationMedian incomeHome valueRent
Mount Olive4,453$48,700$153,500$950
Calypso385$54,688$99,200$645
Dudley2,305$42,050$90,000$808
Brogden2,733$42,074$96,400$1,013
Faison660$42,333$104,200$671
Mar-Mac2,877$53,819$149,200$821
Bowdens122$83,153——
Elroy3,251$63,238$133,100$1,005
Walnut Creek1,422$166,250$468,700$1,788

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, NC?

The median household income in Mount Olive is $48,700, 33% lower than the North Carolina median of $72,388 (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 $153,500, compared with $288,900 in North Carolina.

How much is rent in Mount Olive?

The median gross rent in Mount Olive is $950 per month, about 30.6% of household income.

Is Mount Olive, NC a good place to live?

Pluses: home values 47% lower than the state median; an average commute of 19 minutes. Minuses: median household income 33% lower than the North Carolina median; unemployment of 9.8%; a poverty rate of 17.7%.

What is the median age in Mount Olive?

The median age in Mount Olive is 42.9 years (North Carolina: 39.1).

How long is the commute in Mount Olive?

The average commute to work in Mount Olive is 19 minutes; 5.5% of workers work from home.

What is the unemployment rate in Mount Olive?

The unemployment rate in Mount Olive is 9.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Mount Olive?

22.8% 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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