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In IOS-XE/16.9.4, DHCP Pool utilization mark includes the number of excluded addresses. Just only one address is assigned but "high utilization state" log is printed in a case. %DHCPD-6-HIGH_UTIL: Pool "test" is in high utilization state (1 addresses used out of 14). Threshold set at 31%.
e.g. ip dhcp excluded-address 10.0.0.1 10.0.0.10 < This pool is already used more than 31%. ip dhcp pool test utilization mark high 31 log network 10.0.0.0 255.255.255.240
Please take the number of excluded addresses into account.
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