Mt. Olive, NC Real Estate
According to census data in the year 2000 there were 2,041 housing units in Mt. Olive.
This represents a 10.1% growth from 1,853 in 1990.
Of those housing units, 2,041 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Mt. Olive is about 58.1%.
Mt. Olive's vacancy rate, including seasonal lodging, is about 10.1%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in Mt. Olive were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 8.40% |
| Two Bedrooms | 26.80% |
| Three Bedrooms | 52.80% |
| Four Bedrooms | 9.30% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $72,400 |
| Median Price asked for vacant units | $34,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $296 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.40% |
| Home Equity Loan | 6% |
| Simple Mortgage | 38.10% |
| Debt Free | 48.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
