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ZipNumbers

Kentucky · Census place 57918

Olive Hill city, KY

Quick answer

Olive Hill city has 1,488 residents, ranking #204 of 554 places in Kentucky. Median household income is $69,063, the median home is worth $111,100 and median gross rent runs $508 a month.

Population
1,488Olive Hill city residents
Median household income
$69,063Past 12 months, inflation adjusted
Median home value
$111,100Owner-occupied units
Median gross rent
$508Rent plus utilities, monthly
Median age
53.1 yrsAll residents
Homeownership rate
67.5%Owner-occupied households

What the numbers mean in Olive Hill city

Housing cost measured against local earnings.

A household earning the Olive Hill city median would spend about 8.8% 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 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16.3% of residents and 67.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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