Illinois · Census place 51024
Mount Olive city, IL
Quick answer
Mount Olive city has 1,979 residents, ranking #510 of 1462 places in Illinois. Median household income is $55,139, the median home is worth $96,600 and median gross rent runs $698 a month.
- Population
- 1,979Mount Olive city residents
- Median household income
- $55,139Past 12 months, inflation adjusted
- Median home value
- $96,600Owner-occupied units
- Median gross rent
- $698Rent plus utilities, monthly
- Median age
- 50.6 yrsAll residents
- Homeownership rate
- 74%Owner-occupied households
What the numbers mean in Mount Olive city
Housing cost measured against local earnings.
A household earning the Mount Olive city median would spend about 15.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.8% of residents and 74% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- Farmington city 1,990
- Channel Lake CDP 1,988
- Roanoke village 1,987
- Lake of the Woods CDP 1,976
- Crystal Lawns CDP 1,965
- Port Byron village 1,959
- Mount Sterling city 1,949
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More Illinois coverage.