Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.7 yrs |
|---|---|
| Avg HH 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 |
|---|---|
| Median Home Value | $185,100 ▼ 34% below avg |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Median Rent | $630/mo |
| Total Housing Units | 4,189 |
| Vacant Units | 193 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Oliver Springs is a city in Tennessee, located in Morgan County. The city spans 1 ZIP code and is home to approximately 10,402 residents. It is a middle-aged city, with a median age of 41.7 years.
Economically, Oliver Springs is a solidly middle-class community. The median household income of $60,064 is below the national average. Approximately 15.1% of residents live below the poverty line. The unemployment rate is 7.0%, above the national average.
The real estate market in Oliver Springs is an affordable housing market. Median home values stand at $185,100, which is below the national average. Renters typically pay around $630 per month. Homeownership is high at 76.7%, typical of suburban and family-oriented communities.
The population of Oliver Springs is moderately educated. 30.2% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (94.53%).
Oliver Springs, TN offers residents a cost-conscious lifestyle within Tennessee.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 37840 | 10,402 | $60,064 | $185,100 | $630 | 7.0% | 30.2% | 76.7% |