HomeIllinoisMacoupin CountyMount Olive city
Mount Olive city, Illinois: commercial real estate data.
Mount Olive city is a Census city of 1,872 people across 1.15 square miles of land, in Macoupin County. Median household income is $55,625, 72.6 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $1.3 m.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Mount Olive
What Mount Olive is
- Census place typecity
- Land area1.15 sq mi
- Water area0 sq mi
- Population per square mile of land1,623
- County holding the largest share of its areaMacoupin County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Mount Olive
How many people live in Mount Olive
- Population1,872
- Median age50.4
- Population under 18274 plus or minus 116
- Share under 1814.6 percent plus or minus 6.0
- Population 65 and over533 plus or minus 124
- Share 65 and over28.5 percent plus or minus 5.9
- Households844
- Family households526
- Share of households that are families62.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Mount Olive
Income and work in Mount Olive
- Median household income$55,625 plus or minus $13,832
- Per capita income$32,290
- Civilian labor force755
- Employed695
- Unemployed60 plus or minus 37
- Unemployment rate7.9 percent plus or minus 4.7
- Adults 25 and over1,442
- Adults 25 and over with a high school diploma or higher88.9 percent
- Adults 25 and over with a bachelor degree or higher13.2 percent plus or minus 5.9
- Adults 25 and over with a graduate degree5.8 percent plus or minus 5.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Mount Olive
Housing in Mount Olive
- Housing units1,002
- Occupied units844
- Vacant units158 plus or minus 57
- Vacancy rate15.8 percent plus or minus 5.4
- Owner occupied613
- Renter occupied231 plus or minus 109
- Ownership rate72.6 percent
- Median owner-occupied home value$94,100
- Median gross rent, monthly$734
- Annual rent as a share of median income15.8 percent plus or minus 4.2
- Single family units787
- Share single family78.5 percent
- Units in buildings of two or more178 plus or minus 68
- Share in buildings of two or more17.8 percent plus or minus 6.5
- Mobile homes37 plus or minus 53
- Median year structure built1950
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Mount Olive
How Mount Olive gets to work
- Workers 16 and over who commute638
- Commuting under 15 minutes194 plus or minus 62
- Share commuting under 15 minutes30.4 percent plus or minus 7.6
- Commuting 30 minutes or more230 plus or minus 81
- Share commuting 30 minutes or more36.1 percent plus or minus 10.5
- Drove alone92.6 percent
- Carpooled3.5 percent plus or minus 2.8
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home3.9 percent plus or minus 3.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Mount Olive
SBA loans in Mount Olive (7(a))
- Approvals3
- Gross approval$1,291,200
- Average approval$430,400
- Median approval$90,000
- Ninetieth percentile approval$1,181,200
- Largest approval$1,181,200
- Jobs supported11
- Jobs per approval3.7
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term65 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises33.3 percent
- Distinct lenders3
- Distinct industries by NAICS3
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Macoupin County, not Mount Olive
Macoupin County context, not Mount Olive figures
These are Macoupin County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Mount Olive measurements.
- Establishments in Macoupin County813
- Employment at those establishments, Macoupin County7,626
- Covered employment, Macoupin County10,150
- Average annual pay, Macoupin County$46,689
- Average weekly wage, Macoupin County$898
- Housing units permitted, Macoupin County65
- Of those, single family, Macoupin County59
- County product, 2024, Macoupin County$1,525,271,000
- County product change over the prior year, Macoupin County1.9 percent
- Average income of an arriving household, Macoupin County$52,249
Every figure in this section is published for Macoupin County as a whole and is not a measurement of Mount Olive. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Mount Olive questions, answered from the record.
How many people live in Mount Olive, Illinois?
1,872, in 844 households. Mount Olive city covers 1.15 square miles of land, which is 1,623 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Mount Olive in?
Macoupin County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Mount Olive?
$55,625. The median owner-occupied home is valued at $94,100. Median gross rent is $734 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Mount Olive businesses?
3 7(a) approvals totalling $1.3 m, across 3 lenders, median approval $90,000. These count approvals to borrowers whose address is in Mount Olive, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Mount Olive borrowers get paid back?
No rate is published for Mount Olive. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Mount Olive figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Macoupin County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Mount Olive.
Is zoning published for Mount Olive?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
Nearby