Mount Olive, Alabama Housing

Mount Olive, Alabama has a population of 4,203, with a median household income of $58,000.

Current housing data for Mount Olive.

$240,000

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Population

4,203

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Median Income

$58,000

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Unemployment

3.60%

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Housing Price

$240,000

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Crime Rate

2.50

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Internet Speed

230.00 Mbps

Mount Olive is a small local community located in Alabama. The city has a population that is below the average city population in Alabama, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Mount Olive, located in Alabama, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Mount Olive has a population of 4,203, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Mount Olive is $58,000, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Mount Olive average around $240,000, which is relatively high compared to other cities in Alabama.

Employment and Safety

The unemployment rate in Mount Olive is 3.60%, which is lower than the state average, indicating a relatively strong job market. Mount Olive has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Alabama, Mount Olive shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Mount Olive continues to play a role in shaping regional trends in Alabama, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Mount Olive

What is the population of Mount Olive?

The population of Mount Olive is approximately 4,203.

Is Mount Olive a good place to live?

Mount Olive offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Mount Olive?

The median household income in Mount Olive is around $58,000.

How expensive is housing in Mount Olive?

The average housing price in Mount Olive is approximately $240,000.