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Olivet CDP, Tennessee Demographics & Population 2026

Very AffordableHome value to income ratio of 1.9x is exceptionally low

As of 2026, Olivet CDP, Tennessee has a total population of 1,609, the 251st largest city in Tennessee, with a median household income of $71,000, which is 6% higher than the state average. The poverty rate is 14.5%.

Key Takeaways

Olivet CDP Quick Facts

Population 1,609
Median Household Income $71,000
Median Home Value $136,400
Poverty Rate 14.5%
Unemployment Rate 0.0%
Median Age 45.3 years
Homeownership Rate 77.3%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 5.5%
High School Graduation Rate 92.1%
Diversity Index 0/100
Population 1,609 251st of 504
Median Income $71,000 top 30%
Poverty Rate 14.5% 17% higher national
Median Home Value $136,400 bottom 30%

How Olivet CDP Compares

Economy & Housing

Employment

0.0% Unemployment Rate State: 4.7% | National: 5.2%
54.1% Labor Force Participation

Housing Overview

Owner 77.3%
Renter 22.7%
Affordability Index Very Affordable
1.9x home value to income ratio

People & Demographics

Diversity Index

0out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 46 | National average: 60

Education

Olivet CDP Rankings in Tennessee

#251 Population of 504
#124 Median Income of 504
#458 Education of 504
#337 Home Value of 504

Cities Similar to Olivet CDP

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Gray CDP1,606$66,585$192,50033.5%4.0%
Banner Hill CDP1,519$66,270$120,70012.0%21.0%
Chapel Hill town1,531$77,826$276,70014.8%4.1%
Greenback city1,631$83,750$262,7009.5%12.3%
Norris city1,472$73,448$306,30053.4%7.5%

Population Overview

Olivet CDP is a small community located in Tennessee. The total population is 1,609. It ranks as the 251st most populous out of 504 cities and towns in Tennessee.

Age Demographics

The median age in Olivet CDP is 45.3 years. This is 16% higher than the state median of 38.9 years. Only 9.6% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Olivet CDP is $71,000. This is 6% higher than the state median of $67,097. Compared to the national median of $78,538, household income here is 10% lower. The poverty rate stands at 14.5%. This is 6% higher than the state poverty rate of 13.8%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 4.7%. The median home value is $136,400. Housing costs are 47% lower than the state median of $256,800. With a home-value-to-income ratio of just 1.9x, Olivet CDP is one of the most affordable housing markets in the area. 77.3% of occupied housing units are owner-occupied. This homeownership rate is 15% higher than the state average of 67.0%.

Race & Ethnicity

Olivet CDP has a predominantly White (non-Hispanic) population, comprising 100.0% of all residents.

Education

5.5% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 82% lower than the state rate of 30.4%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.1%.

Data Sources & Methodology

All demographic data for Olivet CDP, Tennessee is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 504 Census-designated places in Tennessee. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Olivet CDP, Tennessee?

Olivet CDP, Tennessee has a population of 1,609 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Olivet CDP, TN?

The median household income in Olivet CDP is $71,000, which is 10% lower the national median of $78,538.

What is the poverty rate in Olivet CDP, TN?

The poverty rate in Olivet CDP is 14.5%. This means approximately 234 residents live below the federal poverty line.

What is the racial makeup of Olivet CDP, Tennessee?

Olivet CDP's population is 100.0% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Olivet CDP, TN?

The median home value in Olivet CDP is $136,400. The home-value-to-income ratio is 1.9x.

How educated is Olivet CDP, Tennessee?

5.5% of adults (25+) in Olivet CDP hold a bachelor's degree or higher, and 4.6% hold a graduate or professional degree.