Olivet, TN
Population 1,609 · Tennessee
About Olivet, TN
Olivet is a small community in Tennessee with a population of 1,609 residents. The median household income is $71,000 per year, which is above the national average. The median age in Olivet is 45.3 years.
Housing in Olivet has a median home value of $136,400 and median monthly rent of $767. Of the 690 total housing units, the majority are owner-occupied, with 510 owner-occupied and 150 renter-occupied units.
The unemployment rate in Olivet is 0.0% and the poverty rate is 14.5%. 5.5% of residents hold a bachelor's degree or higher. The average commute time is 30.1 minutes.
Cost of Living in Olivet, TN
Compared to national averages, Olivet has a median household income of $71,000 (6% below the national median of $75,149). Home values average $136,400, which is 44% below the national median. Monthly rent at $767 is 34% below the US average of $1,163. Within Tennessee, Olivet's income is 13% above the state average of $62,849, and home values are 36% below the state median of $214,371.
Why Live in Olivet, TN?
Olivet offers affordable housing with a median home value of $136,400, below the US average of $244,900, and rent that’s lower than the national average at $767/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($71,000) that falls below the national average. However, Olivet’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Olivet has a population of 1,609 with a median age of 45.3 years. Compare Olivet with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Olivet
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Gray | 1,606 | $66,585 | $192,500 | Compare |
| Gruetli-Laager | 1,619 | $50,164 | $147,900 | Compare |
| Greenback | 1,631 | $83,750 | $262,700 | Compare |
| Huntsville | 1,632 | $27,266 | $0 | Compare |
| Englewood | 1,643 | $48,688 | $101,400 | Compare |
| Sneedville | 1,649 | $23,482 | $97,900 | Compare |
| Tennessee Ridge | 1,546 | $56,583 | $151,800 | Compare |
| Chapel Hill | 1,531 | $77,826 | $276,700 | 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.
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Frequently Asked Questions about Olivet
What is the population of Olivet, TN?
The population of Olivet, TN is 1,609 according to the latest Census data.
What is the median household income in Olivet?
The median household income in Olivet, TN is $71,000 per year.
What is the median home value in Olivet?
The median home value in Olivet, TN is $136,400.
What is the average rent in Olivet?
The median monthly rent in Olivet, TN is $767.
What is the unemployment rate in Olivet?
The unemployment rate in Olivet, TN is 0.0%.