The labor pool participation rate in Mount Olive is 60.1%, with an unemployment rate of 8.5%. For the people located in the work force, the typical commute time is 24.7 minutes. 4.3% of Mount Olive’s populace have a graduate degree, and 11.8% have a bachelors degree. For all those without a college degree, 25.7% attended at least some college, 33.4% have a high school diploma, and just 24.9% possess an education less than senior school. 16.3% are not covered by health insurance.
The typical family size in Mount Olive, NC is 3.05 family members, with 56% owning their very own dwellings. The mean home valuation is $89376. For those people renting, they pay out an average of $715 per month. 55% of families have dual incomes, and the average domestic income of $35982. Median individual income is $18648. 29.2% of citizens are living at or beneath the poverty line, and 14.2% are handicapped. 2.9% of citizens are veterans associated with the US military.
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