Mount Olive median real estate price is $346,569, which is more expensive than 55.2% of the neighborhoods in North Carolina and 45.6% of the neighborhoods in the U.S.
The average rental price in Mount Olive is currently $981, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 97.1% of North Carolina neighborhoods.
Mount Olive is a remote neighborhood (based on population density) located in Elizabethtown, North Carolina.
Mount Olive real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Mount Olive neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Mount Olive has a 13.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 76.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
The Mount Olive neighborhood has a greater proportion of government workers living in it than 95.9% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.
If you are planning to retire in North Carolina, this neighborhood should be on your must-see list. For many reasons, Mount Olive may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in North Carolina, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 95.5% of neighborhoods in NC. If a North Carolina retirement is in your future, this neighborhood should be one of the places you visit.
Did you know that the Mount Olive neighborhood has more Scots-Irish and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.8% of this neighborhood's residents have Scots-Irish ancestry and 5.9% have South American ancestry.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Mount Olive neighborhood in Elizabethtown are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 82.0% of U.S. neighborhoods. With 17.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.8% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Mount Olive neighborhood, 34.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 23.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.6%), and 19.3% in manufacturing and laborer occupations.
The most common language spoken in the Mount Olive neighborhood is English, spoken by 99.5% of households.
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Mount Olive neighborhood in Elizabethtown, NC, residents most commonly identify their ethnicity or ancestry as South American (5.9%). There are also a number of people of Scots-Irish ancestry (3.8%), and residents who report Sub-Saharan African roots (2.5%), and some of the residents are also of African ancestry (2.5%), along with some Irish ancestry residents (1.3%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Mount Olive neighborhood spend under 15 minutes commuting one-way to work (39.3% of working residents), one of the shortest commutes across America.
Here most residents (85.0%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (13.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.