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The total population of Olive Hill is estimated to be 1,545 with 767 males (49.64%) and 778 females (50.36%). There are 11 more females than males in Olive Hill.
The median household income in Olive Hill was $53,708 in 2021, which marked an an increase of 2,811(5.52%) from $50,897 in 2020. This income is 71.99% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Olive Hill sees its highest median household income among householders in the age group of 45 to 64 years old, at $65,166. Overall, the median household income for the city of Olive Hill stands at $53,708.
In Olive Hill, the median income for all workers aged 15 years and older, regardless of work hours, was $21,444 for males and $34,735 for females. However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $39,212 for females, while data for males was unavailable due to an insufficient number of sample observations.
In Olive Hill, population is primarily represented by White households, reporting a median income of $54,946.
In 2022, the population of Olive Hill was 1,555, a 0.96% decrease year-by-year from 2021. Previously, in 2021, Olive Hill's population was 1,570, a decline of 0.70% compared to a population of 1,581 in 2020.
The median age in Olive Hill, KY is 52.6, as per 2021 ACS 5-Year Estimates. Of the total population, 12.15% were under the age of 15, 10.04% aged 15 to 29, 46.98% aged 30 to 64, 26.76% aged 65 to 84, and 4.07% were 85 years of age and older.
Racial distribution of Olive Hill population: 99.16% are White and 0.84% are some other race.