Mount Olive, AL Profile: Facts & Data

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Mount Olive, Alabama - Basic Facts

The Mount Olive CDP(1) had a population of 305 as of July 1, 2023. Mount Olive ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Alabama. See peer rankings below.

The primary coordinate point for Mount Olive is located at latitude 33.0696 and longitude -86.135 in Coosa County. The formal boundaries for the Mount Olive Census Designated Place encompass a land area of 8.32 sq. miles and a water area of 0 sq. miles.

The Mount Olive Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Alabama is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Mount Olive Census Designated Place is located within Weogufka-Marble Valley Division of Coosa County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

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. Alabama Research Tools (Easy Tools & Current Data)
  3. Alabama Data Comparison Tool - 2023 Demographics
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Mount Olive, AL Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 305 (100%)
Population in Households 305 (100.0%)
Population in Families 268 (87.9%)
Population in Group Quarters1 0
Population Density 37
Diversity Index2 29
 
 

INCOME

Median Household Income $62,058
Average Household Income $94,953
% of Income for Mortgage4 9%
Per Capita Income $39,226
Wealth Index5 102
Socioeconomic Status Index6 Moderate (62.8)
 

HOUSING

Total HU (Housing Units) 148 (100%)
Owner Occupied HU 103 (69.6%)
Renter Occupied HU 23 (15.5%)
Vacant Housing Units 22 (14.9%)
Median Home Value $87,963
Average Home Value $136,893
Housing Affordability Index3 313
 

HOUSEHOLDS

Total Households 126
Average Household Size 2.42
Family Households 100
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 -0.60% -0.13%
Households -0.96% 0.00%
Families   0.20%
Median Household Income   -0.45%
Per Capita Income   3.79%
Owner Occupied HU   -0.19%

Mount Olive, AL - Peer Comparisons by Rank and Percentile

The table below compares Mount Olive to the other 593 incorporated cities, towns and CDPs in Alabama 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 # 454 24th
Population Density # 564 5th
Median Household Income # 123 79th
Housing Affordability Index # 586 99th
Per Capita Income # 68 89th
Diversity Index # 438 27th

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

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