Mount Olive, MS Profile: Facts & Data

Mount Olive, Mississippi - Basic Facts

The Town of Mount Olive had a population of 899 as of July 1, 2024.

The primary coordinate point for Mount Olive is located at latitude 31.7613 and longitude -89.6551 in Covington County. The formal boundaries for the Town of Mount Olive encompass a land area of 3.1 sq. miles and a water area of 0 sq. miles. Covington County is in the Central time zone (GMT -6).

The Town 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 Town of Mount Olive is located within Supervisor District 4, a minor civil division (MCD) of Covington County.

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Mount Olive, MS Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	899 (100%)
Population in Households	899 (100.0%)
Population in Families	731 (81.3%)
Population in Group Quarters¹	0
Population Density	290
Diversity Index²	49


INCOME
Median Household Income	$61,564
Average Household Income	$71,056
% of Income for Mortgage⁴	10%
Per Capita Income	$28,928
Wealth Index⁵	48
Socioeconomic Status Index⁶	Moderate (50.3)

HOUSING
Total HU (Housing Units)	457 (100%)
Owner Occupied HU	215 (47.0%)
Renter Occupied HU	151 (33.0%)
Vacant Housing Units	91 (19.9%)
Median Home Value	$94,355
Average Home Value	$111,744
Housing Affordability Index³	271

HOUSEHOLDS
Total Households	366
Average Household Size	2.46
Family Households	231
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

457 (100%)

Owner Occupied HU

215 (47.0%)

Renter Occupied HU

151 (33.0%)

Vacant Housing Units

91 (19.9%)

Median Home Value

$94,355

Average Home Value

$111,744

Housing Affordability Index³

271

HOUSEHOLDS

Total Households

366

Average Household Size

2.46

Family Households

231

Average Family Size

3.00

NOTES

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.
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.
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.
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).
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.
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	2020-2024	2024-2029
Population	0.10%	-0.16%
Households	0.06%	0.05%
Families		-0.26%
Median Household Income		3.95%
Per Capita Income		3.04%
Owner Occupied HU		0.46%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

0.10%

-0.16%

Households

0.06%

0.05%

Families

-0.26%

Median Household Income

3.95%

Per Capita Income

3.04%

Owner Occupied HU

0.46%

Mount Olive, MS - Peer Comparisons by Rank and Percentile

The table below compares Mount Olive to the other 427 incorporated cities, towns and CDPs in Mississippi by rank and percentile using July 1, 2024 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	# 196	54th
Population Density	# 252	41st
Median Household Income	# 80	81st
Housing Affordability Index	# 417	98th
Per Capita Income	# 150	65th
Diversity Index	# 198	54th

Variable Description

Rank

Percentile

Total Population

# 196

54th

Population Density

# 252

41st

Median Household Income

# 80

81st

Housing Affordability Index

# 417

98th

Per Capita Income

# 150

65th

Diversity Index

# 198

54th

Mississippi Census Data Comparison Tool

Mount Olive, MS Profile: Facts & Data

Mount Olive, Mississippi - Basic Facts

Mount Olive, MS Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Mount Olive, MS - Peer Comparisons by Rank and Percentile

Mount Olive, MS - Most Popular Things to Do

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Covington County