Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Housing
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.
Health & Safety
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Ratings
Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Employment
The combination of low income levels and high unemployment rates contributes to a low score in the employment category, which could make it challenging to secure well-paying jobs.
Schools
Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.
Located in the state of North Carolina, Mount Olive is a smaller city with a population of 4,670 people. Mount Olive is mostly populated by White (42%) and Black or African American (50%) ethnic groups. Mount Olive is not known to have a high population (over 15 years old) of married people. At only 39% married, this city falls well below the national average.
Without the right tools, moving to any new area can be very stressful and challenging. Living in Mount Olive, North Carolina could be a positive experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Using the livability score which includes data from categories like amenities, cost of living, commute, employment, housing, you can easily compare the best places to live in Mount Olive and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Mount Olive to North Carolina and the national average.
Mount Olive has a livability score of 67/100 and is ranked #156 in North Carolina and #8,401 in the USA. Based on the grades for each individual category, Mount Olive has received high marks for crime (B-) and housing (A-). On a more negative note, Mount Olive does not have favorable scores for the following: amenities (F), education (F) and employment (F). If we take a look at the data, we can find out why.
The Mount Olive unemployment rate of 2.62% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
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.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Mount Olive is actually affordable. The median home price for Mount Olive homes is $98,200, which is 37.5% lower than the North Carolina 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 2.6, which is 21.2% lower than the North Carolina average.
| Statistic | Mount Olive | North Carolina | National |
| Average one way commute | 22min | 24min | 26min |
| Workers who drive to work | 65.0% | 81.1% | 76.4% |
| Workers who carpool | 28.1% | 9.8% | 9.3% |
| Workers who take public transit | 0.0% | 1.1% | 5.1% |
| Workers who bicycle | 1.4% | 0.2% | 0.6% |
| Workers who walk | 3.8% | 1.8% | 2.8% |
| Working from home | 1.4% | 4.8% | 4.6% |
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