HomeKentuckyCarter CountyOlive Hill city
Olive Hill city, Kentucky: commercial real estate data.
Olive Hill city is a Census city of 1,636 people across 1.99 square miles of land, in Carter County. Median household income is $70,682, 69.9 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $348,200.
66 sourced place values · tier FULL · 7 sections
Olive Hill
What Olive Hill is
- Census place typecity
- Land area1.99 sq mi
- Water area0.03 sq mi
- Population per square mile of land822 plus or minus 205
- County holding the largest share of its areaCarter 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.
Olive Hill
How many people live in Olive Hill
- Population1,636 plus or minus 408
- Median age52.4
- Population under 18222 plus or minus 104
- Share under 1813.6 percent plus or minus 5.4
- Population 65 and over544 plus or minus 150
- Share 65 and over33.3 percent
- Households828 plus or minus 175
- Family households462 plus or minus 148
- Share of households that are families55.8 percent plus or minus 13.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olive Hill
Income and work in Olive Hill
- Median household income$70,682 plus or minus $29,688
- Per capita income$35,930
- Civilian labor force757 plus or minus 286
- Employed752 plus or minus 284
- Unemployed5 plus or minus 7
- Unemployment rate0.7 percent plus or minus 0.9
- Adults 25 and over1,346 plus or minus 329
- Adults 25 and over with a high school diploma or higher85.4 percent plus or minus 28.4
- Adults 25 and over with a bachelor degree or higher22.7 percent plus or minus 7.4
- Adults 25 and over with a graduate degree14.6 percent plus or minus 6.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olive Hill
Housing in Olive Hill
- Housing units994
- Occupied units828 plus or minus 175
- Vacant units166 plus or minus 72
- Vacancy rate16.7 percent plus or minus 6.5
- Owner occupied579 plus or minus 161
- Renter occupied249 plus or minus 82
- Ownership rate69.9 percent
- Median owner-occupied home value$136,700 plus or minus $79,442
- Median gross rent, monthly$542 plus or minus $379
- Annual rent as a share of median income9.2 percent plus or minus 7.5
- Single family units689 plus or minus 147
- Share single family69.3 percent
- Units in buildings of two or more156 plus or minus 71
- Share in buildings of two or more15.7 percent plus or minus 6.4
- Mobile homes149 plus or minus 115
- Median year structure built1975
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olive Hill
How Olive Hill gets to work
- Workers 16 and over who commute691 plus or minus 275
- Commuting under 15 minutes405 plus or minus 196
- Share commuting under 15 minutes58.6 percent plus or minus 16.2
- Commuting 30 minutes or more132 plus or minus 60
- Share commuting 30 minutes or more19.1 percent plus or minus 4.3
- Drove alone82.0 percent plus or minus 43.4
- Carpooled4.3 percent plus or minus 3.6
- Public transport0.0 percent
- Walked12.4 percent plus or minus 14.5
- Worked from home1.3 percent plus or minus 2.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olive Hill
SBA 7(a) lending to Olive Hill borrowers
- Approvals3
- Gross approval$348,200
- Average approval$116,067
- Median approval$30,000
- Ninetieth percentile approval$288,200
- Largest approval$288,200
- Jobs supported34
- Jobs per approval11.3
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises33.3 percent
- Distinct lenders2
- Distinct industries by NAICS3
A charge-off rate is not published here. only 2 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.
Carter County, not Olive Hill
Carter County context, not Olive Hill figures
These are Carter County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Olive Hill measurements.
- Establishments in Carter County389
- Employment at those establishments, Carter County5,029
- Covered employment, Carter County5,650
- Average annual pay, Carter County$41,562
- Average weekly wage, Carter County$799
- Housing units permitted, Carter County1
- Of those, single family, Carter County1
- County product, 2024, Carter County$670,644,000
- County product change over the prior year, Carter County3.0 percent
- Average income of an arriving household, Carter County$40,377
Every figure in this section is published for Carter County as a whole and is not a measurement of Olive Hill. 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
Olive Hill questions, answered from the record.
How many people live in Olive Hill, Kentucky?
1,636, in 828 households. Olive Hill city covers 1.99 square miles of land, which is 822 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Olive Hill in?
Carter 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 Olive Hill?
$70,682. The median owner-occupied home is valued at $136,700. Median gross rent is $542 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Olive Hill businesses?
3 7(a) approvals totalling $348,200, across 2 lenders, median approval $30,000. These count approvals to borrowers whose address is in Olive Hill, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Olive Hill borrowers get paid back?
No rate is published for Olive Hill. only 2 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 Olive Hill figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Carter 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 Olive Hill.
Is zoning published for Olive Hill?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.