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Olive Hill, Kentucky Demographics & Population 2026

Very AffordableHome value to income ratio of 1.9x is exceptionally low

During the 2020–2024 ACS period, Olive Hill, Kentucky had a total population of 1,636, the 194th largest city in Kentucky, with a median household income of $70,682, which is 11% higher than the state average. The poverty rate is 19.8%.

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

Key Takeaways

Olive Hill Quick Facts

Population 1,636
Median Household Income $70,682
Median Home Value $136,700
Poverty Rate 19.8%
Unemployment Rate 0.7%
Median Age 52.4 years
Homeownership Rate 69.9%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 22.7%
High School Graduation Rate 85.4%
Diversity Index 17/100
Population 1,636 194th of 552
Median Income $70,682 above average
Poverty Rate 19.8% 59% higher than national
Median Home Value $136,700 average

How Olive Hill 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
Population1,4881,636+9.9%
Median household income$69,063$70,682+2.3%
Median home value$111,100$136,700+23.0%

How Olive Hill Compares

Economy & Housing

Household Income Distribution

Under $25K 29.9%
$25K-$50K 12.2%
$50K-$100K 34.2%
$100K+ 23.7%
Detailed income brackets
Under $10K
7.4%
$10K-$15K
9.2%
$15K-$20K
6.6%
$20K-$25K
6.8%
$25K-$30K
2.7%
$30K-$35K
2.4%
$35K-$40K
3.1%
$40K-$45K
3.1%
$45K-$50K
0.9%
$50K-$60K
5.8%
$60K-$75K
3.0%
$75K-$100K
25.4%
$100K-$125K
9.4%
$125K-$150K
1.9%
$150K-$200K
8.8%
$200K+
3.5%

Employment

0.7% Unemployment Rate State: 4.9%|National: 5.2%
53.1% Labor Force Participation

Housing Overview

Owner 69.9%
Renter 30.1%
Affordability Index Very Affordable
1.9x home value to income ratio
Median gross rent $542/mo 9.2% of median household income annually

People & Demographics

Diversity Index

17out of 100
Very Low Diversity

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

State average: 33 | National average: 61

Education

Olive Hill Rankings in Kentucky

#194 Population of 552
#164 Median Income of 496
#217 Education of 550
#299 Home Value of 495

Other Cities in Carter County

CityPopulationMedian IncomePovertyHome Value
Grayson 3,778 $27,542 37.9% $136,900

Cities Similar to Olive Hill

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Worthington1,759$65,609$133,20014.9%12.0%
Jeffersonville1,651$56,250$140,90014.5%16.1%
Midway1,776$61,650$243,50040.8%8.2%
Breckinridge Center1,467$64,152N/A1.0%51.8%
Ledbetter1,785$59,899$120,8007.2%27.7%

Population Overview

Olive Hill is a small community located in Kentucky, within Carter County. The total population is 1,636. It ranks as the 194th most populous out of 552 Census-designated places in Kentucky.

Age Demographics

The median age in Olive Hill is 52.4 years. This is 34% higher than the state median of 39.1 years. Only 13.6% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Olive Hill is $70,682. This is 11% higher than the state median of $63,726. It is also 12% lower than the national median of $80,734. The poverty rate stands at 19.8%. This is 23% higher than the state poverty rate of 16.1%. The unemployment rate is 0.7%. This is 86% lower than the state rate of 4.9%. The median home value is $136,700. Housing costs are 34% lower than the state median of $205,600. With a home-value-to-income ratio of just 1.9x, Olive Hill is one of the most affordable housing markets in the area. 69.9% of occupied housing units are owner-occupied. This homeownership rate is 2% higher than the state average of 68.3%.

Race & Ethnicity

Olive Hill has a predominantly White (non-Hispanic) population, comprising 90.8% of all residents. Hispanic or Latino residents account for 2.3%. The Hispanic or Latino population (2.3%) is well below the state average of 5.0%.

Education

22.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 17% lower than the state rate of 27.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.4%.

Data Sources & Methodology

All demographic data for Olive Hill, Kentucky 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 Kentucky state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 552 Census-designated places in Kentucky. 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 Olive Hill, Kentucky?

Olive Hill, Kentucky has a population of 1,636 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Olive Hill, KY?

The median household income in Olive Hill is $70,682, which is 12% lower than the national median of $80,734.

What is the poverty rate in Olive Hill, KY?

The poverty rate in Olive Hill is 19.8%. This means approximately 320 residents live below the federal poverty line.

What is the racial makeup of Olive Hill, Kentucky?

Olive Hill's population is 90.8% White, 0.0% Black, 2.3% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Olive Hill, KY?

The median home value in Olive Hill is $136,700. The home-value-to-income ratio is 1.9x.

How educated is Olive Hill, Kentucky?

22.7% of adults (25+) in Olive Hill hold a bachelor's degree or higher, and 14.6% hold a graduate or professional degree.