Mount Olive, IL Profile: Facts & Data

Advertisement

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

Also See Mount Olive, IL: ZIP Codes & Maps

Mount Olive, Illinois - Basic Facts

The City of Mount Olive had a population of 1,948 as of July 1, 2023. Mount Olive ranks in the upper quartile for Population Density and the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Mount Olive is located at latitude 39.0723 and longitude -89.7273 in Macoupin County. The formal boundaries for the City of Mount Olive encompass a land area of 1.15 sq. miles and a water area of 0 sq. miles. Macoupin County is in the Central time zone (GMT -6).

The City of Mount Olive 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.

The City of Mount Olive is located within Township of Mount Olive, a minor civil division (MCD) of Macoupin County.


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

Mount Olive, IL Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 1,948 (100%)
Population in Households 1,948 (100.0%)
Population in Families 1,555 (79.8%)
Population in Group Quarters1 0
Population Density 1,689
Diversity Index2 13
 
 

INCOME

Median Household Income $55,097
Average Household Income $84,596
% of Income for Mortgage4 12%
Per Capita Income $38,259
Wealth Index5 80
Socioeconomic Status Index6 Moderate (55.2)
 

HOUSING

Total HU (Housing Units) 986 (100%)
Owner Occupied HU 746 (75.7%)
Renter Occupied HU 135 (13.7%)
Vacant Housing Units 105 (10.6%)
Median Home Value $106,122
Average Home Value $167,125
Housing Affordability Index3 184
 

HOUSEHOLDS

Total Households 881
Average Household Size 2.21
Family Households 570
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 -1.04% -0.45%
Households -0.07% -0.09%
Families   -0.04%
Median Household Income   1.61%
Per Capita Income   3.03%
Owner Occupied HU   0.05%

Mount Olive, IL - Peer Comparisons by Rank and Percentile

The table below compares Mount Olive to the other 1,464 incorporated cities, towns and CDPs in Illinois 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 # 502 66th
Population Density # 344 77th
Median Household Income # 1068 27th
Housing Affordability Index # 1065 73rd
Per Capita Income # 562 62nd
Diversity Index # 1102 24th

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

Mount Olive, IL - Most Popular Things to Do

Also See: Nearby Hotels | Driving Directions

Use HTL Address Research for a Illinois 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

Illinois Census Data Comparison Tool

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