Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.
Mount Olive, Alabama is a smaller city with a population of 4,052 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (95% White). Given that fact, Mount Olive could be considered less diverse than other cities. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Mount Olive your home, your one-way commute time will typically last around 27 minutes, a duration that aligns with the national average commute time of 26 minutes.
Living in Mount Olive can be a positive experience for anyone moving to the city. Having said that, in the state of Alabama, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. To help you find the best places to live in and around Mount Olive, AreaVibes has created a livability score using key metrics like cost of living, commute, employment and more.
The livability score in Mount Olive is 58 out of 100 and the city is ranked in the 32nd percentile of all cities across America. This is a poor rating when compared to the average of other places in the country. If we explore each of the categories on their own, we see that Mount Olive ranks well for crime (A-), cost of living (B), employment (A+) and housing (A-). There are some categories that Mount Olive ranks poorly for, including: amenities (F) and education (F). It might be worth taking a closer look to figure out why.
When contemplating a move, job prospects often top the list of priorities. In Mount Olive, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 0.96% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
Finding affordable real estate and housing in Mount Olive can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Mount Olive. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Mount Olive are affordable. The median home price for Mount Olive homes is $159,700, which is 24.3% higher than the Alabama average. If we take a closer look at the affordability of homes in Mount Olive, we’ll see that the home price to income ratio is 2.1, which is 27.6% lower than the Alabama average.
Statistic | Mount Olive | Alabama | National |
Average one way commute | 27min | 25min | 26min |
Workers who drive to work | 87.9% | 85.7% | 76.4% |
Workers who carpool | 2.8% | 8.8% | 9.3% |
Workers who take public transit | 0.0% | 0.4% | 5.1% |
Workers who bicycle | 0.0% | 0.1% | 0.6% |
Workers who walk | 2.7% | 1.1% | 2.8% |
Working from home | 6.7% | 2.9% | 4.6% |