Everything You Should Know Before Moving to Olive Hill, KY
Considering a move to Olive Hill, KY? With a small-town population of 1,544, Olive Hill offers an affordable cost of living, with median home prices around $95,000 and average rents near $640. The city features a low violent crime rate (135 per 100K), average commute times of 26 minutes, and access to nearby Morehead State University. Enjoy a friendly, close-knit community, basic public schools, and a pleasant climate with 58% sunny days annually.
Demographics - Olive Hill, KY
Demographics - Olive Hill, KY
Olive Hill is home to about 1,544 residents, predominantly White, with a median age of 41.7 years and a balanced gender ratio. The community is close-knit with a moderate population density and a small percentage of non-English speakers, creating a friendly, familiar atmosphere for newcomers.
Population:
1,544
Density:
600 per sq mi
Median Age:
41.7
Gender Ratio:
91 males per 100 females
Non-English Speakers Percentage:
2.1%
Ethnic Composition
White:
97.1%
Black:
0.3%
Asian:
0.2%
Others:
2.4%
Cost Of Living
What is the average cost of living in Olive Hill, KY?
The cost of living in Olive Hill is notably affordable, with a median house value of $95,000 and average rent around $640 per month. Residents benefit from lower-than-average expenses on utilities, groceries, and transportation, making the city an attractive option for budget-conscious families.
Median House Value:
$95,000
Gross Rent:
$640
Monthly Electricity Charges:
$120
Auto Insurance:
$1,180
House Owner Cost With Mortgage:
$930
House Owner Cost Without Mortgage:
$340
State Taxes:
Low:
2%
|
High:
5%
Cost Of Living Index:
79.4
Grocery:
89.2
Housing:
51.3
Utilities:
94.0
Transportation:
86.6
Health Care:
91.7
Miscellaneous:
82.7
Crime
Is Olive Hill, KY a safe place to live?
Olive Hill has a low violent crime rate of 135 incidents per 100,000 people, and a moderate property crime rate, offering residents a sense of safety. The chances of experiencing a violent crime are about 1 in 740, contributing to the overall small-town peace of mind.
Violent Crimes Per 100k:
135
Property Crimes Per 100k:
1,050
Crime Index:
1,185
Chance Of Violent Crime:
1 in 740
Chance Of Property Crime:
1 in 95
Weather
What is the weather like in Olive Hill, KY year-round?
Residents enjoy distinct seasons, with mild winters averaging lows of 25°F and warm summers reaching highs of 86°F. The area receives about 44.5 inches of annual rainfall and sees sunshine roughly 58% of the year, providing a comfortable and varied climate.
Winter
Min:
25°F
Max:
43°F
Spring
Min:
44°F
Max:
71°F
Summer
Min:
62°F
Max:
86°F
Fall
Min:
45°F
Max:
74°F
Average Rainfall Inches:
44.5 inches
Sunny Days Percentage:
58%
Neighbors
Local households typically earn a median income of $37,600, and the area has a 27.8% poverty rate, reflecting modest economic conditions. Most adults have completed high school, and the average commute time is about 26 minutes, offering a manageable daily routine.
Median Income:
$22,500
Household Income:
$37,600
Family Income:
$47,200
Per Capita Income:
$18,400
Income Male:
$32,000
Income Female:
$22,400
Poverty Rate:
27.8%
Non English Speakers:
2.1%
Rent:
$640
Unemployment Rate:
5.9%
Public Transport Usage:
0.4%
Commute Time:
26.1 minutes
Education
High School or Higher:
76.2%
Bachelors or More:
10.4%
Education
How are the schools in Olive Hill, KY?
Olive Hill offers public education options such as Olive Hill Elementary and West Carter High School, both with manageable student-teacher ratios. For higher education, residents are just 23 miles from Morehead State University, providing access to a broader range of academic opportunities.
Public Schools
Name:
Olive Hill Elementary School
Street:
840 West Tom T Hall Blvd
Phone:
606-286-2541
Students:
410
Student Teacher Ratio:
16.2
Name:
West Carter High School
Street:
365 West Carter Drive
Phone:
606-286-2481
Students:
600
Student Teacher Ratio:
17.1
Colleges
Name:
Morehead State University
City:
Morehead
State:
KY
Distance:
23 miles
Students:
9,400
Healthcare
Healthcare access is supported by nearby facilities like St. Claire Regional Medical Center, and around 91% of residents have health insurance. The city has a moderate number of physicians per capita, ensuring basic medical needs are met within the community.
Major Hospitals
Name:
St. Claire Regional Medical Center
Address:
222 Medical Circle, Morehead, KY 40351
Phone:
(606) 783-6500
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.7
Health Insurance Coverage:
91.2%
Health Care Index:
68.4
Housing Market
What is the housing market like in Olive Hill, KY?
The housing market features a median home price of $95,000 and an owner-occupancy rate of 67%, with average 2-bedroom rents at $640. Home values have seen a steady appreciation of 3.6% over the past year, and rental vacancies remain relatively low.
Median Home Price:
$95,000
Average Rent For 2 Bedroom:
$640
Owner Occupied Rate:
67.1%
Rental Vacancy Rate:
9.0%
Home Appreciation Rate (1yr):
3.6%
New Construction Rate:
0.6%
Foreclosure Rate:
0.8%
DMV Information
Driver licensing and vehicle registration for Olive Hill are managed by the Kentucky Transportation Cabinet, with convenient access to information and services online or in nearby Frankfort. Residents can handle most DMV needs through the state's centralized resources.
State:
Kentucky
Department:
Kentucky Transportation Cabinet – Division of Driver Licensing
Address:
200 Mero Street, Frankfort, KY 40622
Phone:
502-564-1257
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.