CensusEasy
CITY · 2020 ACS

Olivet

Tennessee · 1,441 residents · 5.965 sq mi
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The short version

Olivet has roughly average household income, with a median household income of $63,921. Population has fallen 21% since 2019, a loss of 374 residents. 5% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $114,000. With a median age of 44.9, the population is older than the US median of 38.8.

At a glance
Average income
near the US median
US median: $66,278
Older
median age 44.9
US median: 38.8
Less educated
5% hold a bachelor's degree
US average: 33%
More affordable
home values down 6%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,441
−21%since 2019
from 1,815 in 2019
2010 – 2024
Population density
242 / sq mi
−21%since 2019
from 304 / sq mi in 2019
US average: 280
Median age
44.9
+3%since 2019
from 43.4 in 2019
US average: 38.8
Population, 2010 – 2024
1K1K1K2K2K201020202024Olivet
20241K
201020202024
Section 02

Income & economy

Median household income
$63,921
+9%inflation adjusted, since 2019
from $57,981 in 2019
US average: $66,278
2010 – 2024
Per capita income
$24,494
+4%since 2019
from $23,648 in 2019
US average: $35,364
Households earning $100K+
35.9%
−1.3 ptssince 2019
from 37.2% in 2019
US average: 43.9%
Poverty rate
4.2%
−0.6 ptssince 2019
from 4.8% in 2019
US average: 12.8%
Workforce by industry, 2020
Retail trade30.6%
US avg: 10%
Finance & insurance18.7%
US avg: 5.5%
Professional, scientific, technical18.7%
US avg: 4.7%
Information10.8%
US avg: 11.1%
Wholesale trade6.7%
US avg: 6.7%
Transportation & warehousing1.6%
US avg: 2.5%
Arts, entertainment, food1.5%
US avg: 2%
Other services1.5%
US avg: 6.6%
Public administration1.5%
US avg: 4.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$114,000
−6%inflation adjusted, since 2019
from $120,100 in 2019
US average: $265,253
2010 – 2024
Median gross rent
$625
US average: $1,124
Owner-occupied
79.8%
−12.1 ptssince 2019
from 91.9% in 2019
20.2% rent
Afford Score
1.8
−14%since 2019
from 2.1 in 2019
2010 – 2024
RELATED:See current rent listings in Olivet on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic100%(1,815)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%(0)
Diversity Score0%(0)
2020
White, non-Hispanic90.9%(1,310)
Black2.2%(32)
Hispanic / Latino3.3%(48)
Asian0.8%(11)
Other0%(0)
Diversity Score15.5%(223)
Diversity Score
15
from 0 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
4.7%
−1.8 ptssince 2019
from 6.5% in 2019
US average: 32.9%
High school or higher
87.1%
−2.4 ptssince 2019
from 89.5% in 2019
US average: 88.5%
Graduate degree
3.5%
−0.8 ptssince 2019
from 4.3% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
53.0 min
+12%since 2019
from 47.5 min in 2019
US average: 26.9
Drive alone to work
92.6%
+1.0 ptssince 2019
from 91.6% in 2019
US average: 75.1%
No vehicle available
2.4%
−0.1 ptssince 2019
from 2.5% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 5.4%
Labor force participation
53.5%
+0.1 ptssince 2019
from 53.4% in 2019
US average: 63.4%
Management & professional
27.3%
+1.0 ptssince 2019
from 26.4% in 2019
US average: 39.3%
Section 08

People & community

Male
57.6%
Unchangedsince 2019
from 57.6% in 2019
Female
42.4%
Unchangedsince 2019
from 42.4% in 2019
Foreign born
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 13.5%
Uninsured
1.4%
−0.7 ptssince 2019
from 2.1% in 2019
US average: 8.8%
Drill deeper

Places similar to Olivet

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Pop 1,263
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Pop 1,275
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Pop 1,298
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Pop 1,477
Places similar to Olivet
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Compare Olivet to nearby cities

OLIVET VS
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OLIVET VS
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OLIVET VS
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OLIVET VS
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Frequently asked

How many people live in Olivet, Tennessee?

Olivet, Tennessee has about 1,441 residents according to the 2020 American Community Survey.

What is the median household income in Olivet, Tennessee?

The typical household in Olivet, Tennessee earns about $63,921 a year. Half of households make more than that, and half make less.

Is Olivet, Tennessee expensive?

In Olivet, Tennessee, the median home is worth about $114,000, and the typical rent is about $625 a month.

How educated are people in Olivet, Tennessee?

About 4.7% of adults age 25 and over in Olivet, Tennessee hold a bachelor's degree or higher.

What is the poverty rate in Olivet, Tennessee?

About 4.2% of people in Olivet, Tennessee live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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