Mount Olivet, KY Profile: Facts & Data

Advertisement

Mount Olivet Local Links & Resources:
Resources | ALL Mount Olivet Content
Planning to visit Mount Olivet? See Local Hotels

Also See Mount Olivet, KY: ZIP Codes & Maps

Mount Olivet, Kentucky - Basic Facts

The City of Mount Olivet had a population of 347 as of July 1, 2023.

The primary coordinate point for Mount Olivet is located at latitude 38.5315 and longitude -84.0369 in Robertson County. The formal boundaries for the City of Mount Olivet encompass a land area of 0.44 sq. miles and a water area of 0 sq. miles. Robertson County is in the Eastern time zone (GMT -5).

The City of Mount Olivet has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Kentucky is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Mount Olivet is located within Mount Olivet Division of Robertson County.


Jump to... (On This Page!)
  1. Mount Olivet 2023 Demographic Data
  2. Growth Rates for Mount Olivet (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Kentucky Research Tools (Easy Tools & Current Data)
  3. Kentucky Data Comparison Tool - 2023 Demographics
Advertisement

Mount Olivet, KY Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 347 (100%)
Population in Households 347 (100.0%)
Population in Families 288 (83.0%)
Population in Group Quarters1 0
Population Density 420
Diversity Index2 13
 
 

INCOME

Median Household Income $52,835
Average Household Income $69,532
% of Income for Mortgage4 16%
Per Capita Income $30,057
Wealth Index5 55
Socioeconomic Status Index6 Low (42.4)
 

HOUSING

Total HU (Housing Units) 181 (100%)
Owner Occupied HU 114 (63.0%)
Renter Occupied HU 36 (19.9%)
Vacant Housing Units 31 (17.1%)
Median Home Value $144,118
Average Home Value $210,088
Housing Affordability Index3 151
 

HOUSEHOLDS

Total Households 150
Average Household Size 2.31
Family Households 99
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 0.00% -0.35%
Households -0.61% -0.40%
Families   -0.20%
Median Household Income   1.38%
Per Capita Income   2.74%
Owner Occupied HU   1.20%

Mount Olivet, KY - Peer Comparisons by Rank and Percentile

The table below compares Mount Olivet to the other 555 incorporated cities, towns and CDPs in Kentucky by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 400 28th
Population Density # 401 28th
Median Household Income # 286 49th
Housing Affordability Index # 348 63rd
Per Capita Income # 263 53rd
Diversity Index # 413 26th

Additional comparisons and rankings can be made with a VERY EASY TO USE Kentucky Census Data Comparison Tool.

Mount Olivet, KY - Most Popular Things to Do

Also See: Nearby Hotels | Driving Directions

Use HTL Address Research for a Kentucky Address and get...

Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2023, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

Kentucky Census Data Comparison Tool

Compare Kentucky July 1, 2023 Data
Data:
Locations:
Highest or Lowest:
Results:
Advertisement