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Mount Olivet

Learn about the people, housing, costs and businesses in Mount Olivet, Kentucky

Median Home$165,100
Median Rent$548/month
Population361
Leading IndustriesWholesale Trade · Information & Media28% wholesale trade
Family-Friendly27% of residentsabove average nationally
Homeowners80% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableAffordable Market$165k median home · lower cost than 67% of the country
Mount Olivet
KY

Frequently Asked Questions

What are today's mortgage rates in Mount Olivet?

As of today, the 30-year fixed mortgage rate for Mount Olivet is approximately 7.060% (7.101% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Mount Olivet?

The median home value in Mount Olivet is $165k. The median monthly rent is $548. Annual property taxes average $893. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Mount Olivet?

Based on a typical all-in ownership cost of $722/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mount Olivet is $52k/year.

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What industries drive the economy in Mount Olivet?

The largest employment sectors in Mount Olivet are wholesale trade (28%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.