| ZIP Code | 37840 |
|---|---|
| City | Oliver Springs |
| State | Tennessee (TN) |
| County | Morgan County |
| Area Code | 423/865 |
| Elevation | 935 ft |
| Latitude | 36.067831 |
|---|---|
| Longitude | -84.369634 |
| Timezone | Chicago (DST) |
| FIPS | 47145 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.7 yrs |
|---|---|
| Avg Household Size | 2.60 |
| Below Poverty | 15.1% ▲ 51% above avg |
| College Grads | 30.2% ▼ 22% below avg |
| Unemployment | 7.0% ▲ 43% above avg |
| No HS Diploma | 122 (1.9%) |
| HS Graduate | 2,204 (34.1%) |
| Some College | 1,119 (17.3%) |
| Associates | 1,064 (16.5%) |
| Bachelors | 857 (13.3%) |
| Graduate Degree | 1,089 (16.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $60,064 ▼ 21% below avg ↑ 20% since 2019 |
|---|---|
| Median Home Value | $185,100 ▼ 34% below avg ↑ 40% since 2019 |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Median Rent | $630/mo ↓ 12% since 2019 |
| Total Units | 4,189 |
| Vacant Units | 193 |
| Avg HH Size | 2.60 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 4,189 |
|---|---|
| Vacant | 193 |
| Owner Occupied | 76.7% |
| Renter Occupied | 23.3% |
| Avg HH Size | 2.60 |
ZIP code 37840 is located in Oliver Springs, Tennessee, within Morgan County. With a population of 10,402, this is a lightly populated ZIP code with a middle-aged community — the median age is 41.7 years. Economically, 37840 is a solidly middle-class ZIP code: the median household income of $60,064 is below the national average.
Real estate in ZIP code 37840 represents an affordable housing market. The median home value of $185,100 is below the national average. Renters can expect to pay around $630 per month in median rent. Homeownership is strong here — 76.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 40% since 2019.
The population of 37840 is primarily White (94.53%). Residents are moderately educated — 30.2% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 15.1%. Household income has grown by 20% since 2019.
The unemployment rate in 37840 stands at 7.0%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 85%.
Overall, ZIP code 37840 in Oliver Springs, TN is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 10,402 residents, a median household income of $60,064, and a median home value of $185,100, it offers a clear picture of life in this part of Tennessee.