Cost of Living in Mount Olive CDP (Jefferson County), AL

Population 3,449 · Alabama · Data vintage 2023

69
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Mount Olive CDP (Jefferson County) can reasonably expect a home to cost less than three years of household income — $190,000 against $84,120 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. The labor market has been unusually tight, with unemployment around 1.1% — below most comparable cities in the state.

Geographically, Mount Olive CDP (Jefferson County) sits roughly 11 miles northwest of Birmingham. Median home values run roughly 37% higher than Birmingham's $139,000.

Cost Overview

Housing 62
Rent 78

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Mount Olive CDP (Jefferson County)

The median home value in Mount Olive CDP (Jefferson County) is $190,400 — 38% below the national median of $305,000. Median rent runs $1,022/month, 22% lower than the national median of $1,314/month. The median household income of $84,120/year is 13% higher than the US median of $74,580. The local unemployment rate is 1.1%, below the national average of 4.8%. Alabama's top state income tax rate is 5.0% and the combined sales tax is 9.2%. The climate averages highs of 74.3°F and lows of 53.6°F, with about 1.4" of annual snowfall. Overall, Mount Olive CDP (Jefferson County) has a cost of living index of 69 versus the US average of 100, meaning it is 31% less expensive.

🏠 Housing

Median Home Value
$190,400
38% below avg
Median Rent
$1,022/mo
22% below avg
Price-to-Rent Ratio
15.5x
Favors buying
Property Tax Rate
0.4%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$646
1 BR
$688
2 BR
$857
3 BR
$1,132
4 BR
$1,309
Owner-occupied 93.0%
Renter-occupied 7.0%

💰 Estimated Monthly Budget

Rent median rent
$1,022
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,636/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
27.1 min
0% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.8%

Commute Mode

Drove alone
78.3%
Carpooled
5.1%
Walked
4.7%
Work from home
11.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.0%
Total Sales Tax 9.2%
State rate 4.0%
Avg local rate 5.2%
Property Tax 0.4%

💼 Income & Employment

Median Household Income
$84,120
13% above avg
Per Capita Income
$39,398
Unemployment Rate
1.1%
77% below avg
Poverty Rate
9.9%
Labor Force Participation
57.9%

🎓 Education

Bachelor's degree+ 16.8%
Graduate degree 2.2%

👥 Demographics

Median Age 42.9
Male median age 46.4
Female median age 40.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
74.3°F
Avg Low
53.6°F
Annual Precip
56.6"
Annual Snowfall
1.4"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 555967758288919186766557
Low °F 353845526169727165544338
Precip" 5.034.955.665.084.914.785.424.354.003.344.234.87
Snow" 0.40.30.50.00.00.00.00.00.00.00.00.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 61 — Moderate
20%
Good air days/yr
255
Max AQI recorded
312
PM2.5 days
53
Ozone days

Frequently Asked Questions

What is the cost of living in Mount Olive CDP (Jefferson County), AL?

Mount Olive CDP (Jefferson County) has a cost index of 69 (100 = national average). It is 31% below the national average.

What is average rent in Mount Olive CDP (Jefferson County), AL?

The median gross rent in Mount Olive CDP (Jefferson County) is $1,022 per month based on 2023 Census data.

What is the average home price in Mount Olive CDP (Jefferson County)?

The median home value in Mount Olive CDP (Jefferson County) is $190,400 according to 2023 Census ACS data.

What is the median income in Mount Olive CDP (Jefferson County)?

The median household income in Mount Olive CDP (Jefferson County) is $84,120 per year (2023 ACS 5-year estimates).

What is the sales tax in Mount Olive CDP (Jefferson County), AL?

The combined state and local sales tax rate in Mount Olive CDP (Jefferson County) is 9.2%. The Alabama state income tax top rate is 5.0%.

Is Mount Olive CDP (Jefferson County), AL affordable?

Yes, Mount Olive CDP (Jefferson County) is generally considered affordable, with a cost of living index of 69 — about 31% below the US national average of 100.

What is the weather like in Mount Olive CDP (Jefferson County)?

Mount Olive CDP (Jefferson County) has average high temperatures of 74.3°F and average lows of 53.6°F. Annual precipitation is 56.6". Average annual snowfall is 1.4". Data from NOAA 1991–2020 Climate Normals.

Mount Olive CDP (Jefferson County) at a Glance

Population
3,449
Median Income
$84,120
Home Value
$190,400
Median Rent
$1,022/mo
Unemployment
1.1%
Avg High Temp
74.3°F
Sales Tax
9.2%
View all cities in Alabama →
🗺️ County data for Alabama

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs