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Mount Olive, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.7x is exceptionally low

During the 2020–2024 ACS period, Mount Olive, Illinois had a total population of 1,872, the 522nd largest city in Illinois, with a median household income of $55,625, which is 33% lower than the state average. The poverty rate is 17.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Mount Olive Quick Facts

Population 1,872
Median Household Income $55,625
Median Home Value $94,100
Poverty Rate 17.8%
Unemployment Rate 8.0%
Median Age 50.4 years
Homeownership Rate 72.6%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 13.2%
High School Graduation Rate 88.9%
Diversity Index 11/100
Population 1,872 522nd of 1,445
Median Income $55,625 bottom 30%
Poverty Rate 17.8% 43% higher than national
Median Home Value $94,100 below average

How Mount Olive Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,9791,872-5.4%
Median household income$55,139$55,625+0.9%
Median home value$96,600$94,100-2.6%

How Mount Olive Compares

Economy & Housing

Household Income Distribution

Under $25K 19.2%
$25K-$50K 29.3%
$50K-$100K 29.6%
$100K+ 21.9%
Detailed income brackets
Under $10K
2.0%
$10K-$15K
11.7%
$15K-$20K
1.5%
$20K-$25K
3.9%
$25K-$30K
8.3%
$30K-$35K
5.9%
$35K-$40K
2.3%
$40K-$45K
6.5%
$45K-$50K
6.3%
$50K-$60K
4.9%
$60K-$75K
16.1%
$75K-$100K
8.6%
$100K-$125K
6.5%
$125K-$150K
6.3%
$150K-$200K
6.4%
$200K+
2.7%

Employment

8.0% Unemployment Rate State: 5.8%|National: 5.2%
46.9% Labor Force Participation

Housing Overview

Owner 72.6%
Renter 27.4%
Affordability Index Very Affordable
1.7x home value to income ratio
Median gross rent $734/mo 15.8% of median household income annually

People & Demographics

Diversity Index

11out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 61 | National average: 61

Education

Mount Olive Rankings in Illinois

#522 Population of 1,445
#1037 Median Income of 1,374
#972 Education of 1,444
#951 Home Value of 1,372

Other Cities in Macoupin County

CityPopulationMedian IncomePovertyHome Value
Carlinville 5,480 $57,708 20.5% $105,700
Staunton 4,298 $57,904 14.5% $143,500
Gillespie 2,815 $82,772 17.1% $91,000
Brighton 2,306 $80,214 10.1% $145,000
Girard 1,743 $50,300 31.0% $98,100
Benld 1,495 $47,850 15.4% $82,400
Bunker Hill 1,178 $75,917 10.5% $137,500
Shipman 618 $56,771 13.7% $89,400
Wilsonville 505 $45,417 12.5% $85,000
Palmyra 486 $44,276 8.0% $87,500

Cities Similar to Mount Olive

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Jonesboro1,870$58,500$106,40029.2%20.9%
New Athens1,933$56,553$116,30017.8%11.5%
Bridgeport1,826$53,036$72,10014.8%23.7%
Steeleville1,855$60,313$158,50012.6%22.5%
Lewistown1,781$54,000$102,20016.1%11.5%

Population Overview

Mount Olive is a small community located in Illinois, within Macoupin County. The total population is 1,872. It ranks as the 522nd most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Mount Olive is 50.4 years. This is 29% higher than the state median of 39.0 years. Only 14.6% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Mount Olive is $55,625. This is 33% lower than the state median of $83,390. It is also 31% lower than the national median of $80,734. The poverty rate stands at 17.8%. This is 51% higher than the state poverty rate of 11.8%. The unemployment rate is 8.0%. This is 36% higher than the state rate of 5.8%. The median home value is $94,100. Housing costs are 64% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.7x, Mount Olive is one of the most affordable housing markets in the area. 72.6% of occupied housing units are owner-occupied. This homeownership rate is 8% higher than the state average of 67.1%.

Race & Ethnicity

Mount Olive has a predominantly White (non-Hispanic) population, comprising 94.3% of all residents. Black or African American residents account for 1.0%. The White (non-Hispanic) population is significantly higher than the state average (94.3% vs 58.1%). The Black or African American population (1.0%) is well below the state average of 13.3%. The Hispanic or Latino population (0.8%) is well below the state average of 18.8%.

Education

13.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 65% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.9%.

Data Sources & Methodology

All demographic data for Mount Olive, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Mount Olive, Illinois?

Mount Olive, Illinois has a population of 1,872 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Mount Olive, IL?

The median household income in Mount Olive is $55,625, which is 31% lower than the national median of $80,734.

What is the poverty rate in Mount Olive, IL?

The poverty rate in Mount Olive is 17.8%. This means approximately 334 residents live below the federal poverty line.

What is the racial makeup of Mount Olive, Illinois?

Mount Olive's population is 94.3% White, 1.0% Black, 0.8% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Mount Olive, IL?

The median home value in Mount Olive is $94,100. The home-value-to-income ratio is 1.7x.

How educated is Mount Olive, Illinois?

13.2% of adults (25+) in Mount Olive hold a bachelor's degree or higher, and 5.8% hold a graduate or professional degree.