Oliver Springs, TN
Population 3,384 · Tennessee
About Oliver Springs, TN
Oliver Springs is a small town located in Tennessee with a population of 3,384 residents according to the latest US Census Bureau American Community Survey data. The median household income is $38,295 per year, which is 49% below the national median of $75,149. The median age of 45.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Oliver Springs features a median home value of $149,600, which is 39% below the national median of $244,900. This positions Oliver Springs in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 1,401 total housing units, 70% are owner-occupied (987 units) and 30% are renter-occupied (414 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oliver Springs shows an unemployment rate of 8.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 19.1%, above the national average of 12.4%. Workers in Oliver Springs have an average one-way commute time of 26.6 minutes.
Education & Demographics
8.0% of Oliver Springs residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.7% Hispanic or Latino, 0.0% Black or African American, and 0.4% Asian residents, with 0.1% of the population being foreign-born.
Cost of Living in Oliver Springs, TN
Compared to national averages, Oliver Springs has a median household income of $38,295 (49% below the national median of $75,149). Home values average $149,600, which is 39% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Tennessee, Oliver Springs's income is 39% below the state average of $62,849, and home values are 30% below the state median of $214,371.
Why Live in Oliver Springs, TN?
Oliver Springs offers affordable housing with a median home value of $149,600, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($38,295) that falls below the national average. However, Oliver Springs’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oliver Springs has a population of 3,384 with a median age of 45.3 years. Compare Oliver Springs with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Oliver Springs
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dandridge | 3,426 | $56,367 | $260,800 | Compare |
| Somerville | 3,439 | $31,063 | $301,400 | Compare |
| Newbern | 3,313 | $49,853 | $92,700 | Compare |
| Tusculum | 3,304 | $71,458 | $247,800 | Compare |
| Blountville | 3,301 | $64,509 | $185,600 | Compare |
| Wildwood Lake | 3,490 | $61,824 | $196,600 | Compare |
| Park City | 3,268 | $94,716 | $174,100 | Compare |
| Centerville | 3,543 | $51,250 | $205,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Oliver Springs With Other Cities
Frequently Asked Questions about Oliver Springs
What is the population of Oliver Springs, TN?
The population of Oliver Springs, TN is 3,384 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Tennessee.
What is the median household income in Oliver Springs?
The median household income in Oliver Springs, TN is $38,295 per year, which is 49% below the national median of $75,149.
What is the median home value in Oliver Springs?
The median home value in Oliver Springs, TN is $149,600, which is 39% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oliver Springs?
The median monthly rent in Oliver Springs, TN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Oliver Springs?
The unemployment rate in Oliver Springs, TN is 8.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Oliver Springs, TN a good place to live?
Oliver Springs offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 3,384 and a median age of 45.3, the city appeals to established professionals and retirees.
How educated is Oliver Springs, TN?
8.0% of residents in Oliver Springs aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Oliver Springs?
Key cost-of-living indicators for Oliver Springs, TN: median home value is $149,600 (39% below national), median rent is $0/month, and median household income is $38,295. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in Oliver Springs?
The poverty rate in Oliver Springs, TN is 19.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Oliver Springs, TN?
Oliver Springs's population is 0.0% White, 0.7% Hispanic or Latino, 0.0% Black or African American, 0.4% Asian, and 0.0% two or more races. 0.1% of residents are foreign-born.