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ZipNumbers

Tennessee · Census place 55820

Olivet CDP, TN

Quick answer

Olivet CDP has 1,609 residents, ranking #251 of 504 places in Tennessee. Median household income is $71,000, the median home is worth $136,400 and median gross rent runs $767 a month.

Population
1,609Olivet CDP residents
Median household income
$71,000Past 12 months, inflation adjusted
Median home value
$136,400Owner-occupied units
Median gross rent
$767Rent plus utilities, monthly
Median age
45.3 yrsAll residents
Homeownership rate
77.3%Owner-occupied households

What the numbers mean in Olivet CDP

Housing cost measured against local earnings.

A household earning the Olivet CDP median would spend about 13% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.5% of residents and 77.3% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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