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The total population of Mount Olive is estimated to be 2,144 with 1,068 males (49.81%) and 1,076 females (50.19%). There are 8 more females than males in Mount Olive.
The median household income in Mount Olive was $47,777 in 2021, which marked an a decrease of 591(1.22%) from $48,368 in 2020. This income is 64.04% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Mount Olive sees its highest median household income among householders in the age group of 45 to 64 years old, at $59,675. Overall, the median household income for the city of Mount Olive stands at $47,777.
In Mount Olive, the median income for all workers aged 15 years and older, regardless of work hours, was $38,488 for males and $21,187 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $56,437 for males and $38,283 for females.
In Mount Olive, population is primarily represented by White households, reporting a median income of $47,402.
In 2022, the population of Mount Olive was 1,973, a 0.90% decrease year-by-year from 2021. Previously, in 2021, Mount Olive's population was 1,991, a decline of 1.04% compared to a population of 2,012 in 2020.
The median age in Mount Olive, IL is 47.7, as per 2021 ACS 5-Year Estimates. Of the total population, 17.72% were under the age of 15, 11.73% aged 15 to 29, 45.54% aged 30 to 64, 20.66% aged 65 to 84, and 4.35% were 85 years of age and older.
Racial distribution of Mount Olive population: 96.03% are White, 0.70% are Black or African American, 2.71% are Asian and 0.56% are multiracial.