HomeMississippiCovington CountyMount Olive town
Mount Olive town, Mississippi: commercial real estate data.
Mount Olive town is a Census town of 1,110 people across 3.10 square miles of land, in Covington County. 70.9 percent of occupied homes are owned, and the SBA record carries 21 7(a) approvals to borrowers here worth $6.6 m.
65 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 typetown
- Land area3.1 sq mi
- Water area0 sq mi
- Population per square mile of land358 plus or minus 159
- County holding the largest share of its areaCovington 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
- Population1,110 plus or minus 493
- Median age33.1
- Population under 18272 plus or minus 147
- Share under 1824.5 percent plus or minus 7.5
- Population 65 and over141 plus or minus 68
- Share 65 and over12.7 percent
- Households495 plus or minus 216
- Family households375 plus or minus 211
- Share of households that are families75.8 percent plus or minus 26.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Mount Olive
Income and work in Mount Olive
- Per capita income$26,288 plus or minus $9,344
- Civilian labor force562 plus or minus 311
- Employed540 plus or minus 312
- Unemployed22 plus or minus 20
- Unemployment rate3.9 percent plus or minus 2.8
- Adults 25 and over717 plus or minus 308
- Adults 25 and over with a high school diploma or higher78.5 percent
- Adults 25 and over with a bachelor degree or higher5.4 percent plus or minus 3.7
- Adults 25 and over with a graduate degree2.6 percent plus or minus 3.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Mount Olive
Housing in Mount Olive
- Housing units598 plus or minus 220
- Occupied units495 plus or minus 216
- Vacant units103 plus or minus 57
- Vacancy rate17.2 percent plus or minus 7.1
- Owner occupied351 plus or minus 237
- Renter occupied144 plus or minus 84
- Ownership rate70.9 percent plus or minus 36.5
- Median owner-occupied home value$66,300
- Median gross rent, monthly$814 plus or minus $210
- Single family units291 plus or minus 91
- Share single family48.7 percent plus or minus 23.5
- Units in buildings of two or more59 plus or minus 44
- Share in buildings of two or more9.9 percent plus or minus 6.4
- Mobile homes248 plus or minus 198
- Median year structure built1988
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 commute532 plus or minus 311
- Commuting under 15 minutes85 plus or minus 73
- Share commuting under 15 minutes16.0 percent plus or minus 10.0
- Commuting 30 minutes or more313 plus or minus 272
- Share commuting 30 minutes or more58.8 percent plus or minus 37.9
- Drove alone95.7 percent
- Carpooled2.8 percent plus or minus 2.3
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home1.5 percent plus or minus 1.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Mount Olive
SBA loans in Mount Olive (7(a))
- Approvals21
- Gross approval$6,645,000
- Average approval$316,429
- Median approval$115,500
- Ninetieth percentile approval$500,000
- Largest approval$2,580,200
- Jobs supported80
- Jobs per approval3.8
- Loans with a final outcome12
- Paid in full12
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term60 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS8
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Covington County, not Mount Olive
Covington County context, not Mount Olive figures
These are Covington 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 Covington County328
- Employment at those establishments, Covington County4,434
- Covered employment, Covington County5,783
- Average annual pay, Covington County$44,659
- Average weekly wage, Covington County$859
- Housing units permitted, Covington County0
- Of those, single family, Covington County0
- County product, 2024, Covington County$1,022,940,000
- County product change over the prior year, Covington County15.9 percent
- Average income of an arriving household, Covington County$41,175
Every figure in this section is published for Covington 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.
- The American Community Survey does not publish a median household income for this place, which happens where the sample is too small to support one.
- 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, Mississippi?
1,110, in 495 households. Mount Olive town covers 3.10 square miles of land, which is 358 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?
Covington County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
How much SBA lending goes to Mount Olive businesses?
21 7(a) approvals totalling $6.6 m, across 4 lenders, median approval $115,500. 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?
Of the 12 loans that have reached a final outcome, 12 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
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 Covington 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.
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