Olivet, TN

Census Place

2024 Population

1,377

US Senator

Marsha Blackburn

Republican Party

US Senator

Bill Hagerty

Republican Party

2024 Median Age

48.2

6.4% 1-year increase

2024 Poverty Rate

21%

44.3% 1-year increase

2024 Median Household Income

$66,635

6.15% 1-year decline

2024 Median Property Value

Population & Diversity

Olivet, TN is home to a population of 1.38k people, from which 100% are citizens.

In 2024, there were NaNy times more White (Non-Hispanic) residents (1.38k people) in Olivet, TN than any other race or ethnicity. There were 0 Black or African American (Non-Hispanic) and 0 American Indian & Alaska Native (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2024 Citizenship

100%

2023 Citizenship

As of 2024, 100% of Olivet, TN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Olivet, TN was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Olivet, TN compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Olivet, TN

White (Non-Hispanic)
1.38k ± 508
Black or African American (Non-Hispanic)
0 ± 14
American Indian & Alaska Native (Non-Hispanic)
0 ± 14

The following chart shows the 8 races represented in Olivet, TN as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Tennessee.

Most Common Origin

Mexico
95,077 ± 7,519 people
Guatemala
31,959 ± 4,379 people
Honduras
26,792 ± 4,011 people

In 2024, the most common birthplace for the foreign-born residents of Tennessee was Mexico, the natal country of 95,077 Tennessee residents, followed by Guatemala with 31,959 and Honduras with 26,792.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
21 ± 40
Vietnam
17 ± 34

Olivet, TN has a large population of military personnel who served in Gulf War (2001-), 1.24 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Olivet, TN.

Economy

The economy of Olivet, TN employs 800 people. In 2024, the largest industries in Olivet, TN were Retail Trade (236 people), Health Care & Social Assistance (166 people), and Manufacturing (160 people), and the highest paying industries were Retail Trade ($120,347), Manufacturing ($85,778), and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($26,116).

Employment

Occupations

800

2024 Value

± 303

1.65%

1 Year growth

± 49.8%

From 2023 to 2024, employment in Olivet, TN grew at a rate of 1.65%, from 787 employees to 800 employees.

The most common job groups, by number of people living in Olivet, TN, are Transportation Occupations (161 people), Production Occupations (142 people), and Management Occupations (135 people). This chart illustrates the share breakdown of the primary jobs held by residents of Olivet, TN.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Tennessee.

This chart shows weekly unemployment insurance claims in Tennessee (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

800

2024 Value

± 303

1.65%

1 Year growth

± 49.8%

From 2023 to 2024, employment in Olivet, TN grew at a rate of 1.65%, from 787 employees to 800 employees.

The most common employment sectors for those who live in Olivet, TN, are Retail Trade (236 people), Health Care & Social Assistance (166 people), and Manufacturing (160 people). This chart shows the share breakdown of the primary industries for residents of Olivet, TN, though some of these residents may live in Olivet, TN and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$85,833

Median earning men ± $41,198

$17,344

Median earning women ± $54,499

The industries with the best median earnings for men in 2024 are Retail Trade ($121,013), Manufacturing ($86,111), and Transportation & Warehousing, & Utilities ($21,509).

The industries with the best median earnings for women in 2024 are Arts, Entertainment, & Recreation, & Accommodations & Food Services ($17,383) and Educational Services, & Health Care & Social Assistance ($4,414).

Housing & Living

The median property value in Olivet, TN was $159,800 in 2024, which is 0.48 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $136,400 to $159,800, a 17.2% increase. The homeownership rate in Olivet, TN is 63.8%, which is lower than the national average of 65.2%.

People in Olivet, TN have an average commute time of 25.8 minutes, and they drove alone to work. Car ownership in Olivet, TN is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$159,800

Median Property Value 2024

±$92,076

$408

Median Property Taxes

±$149

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Olivet, TN the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Olivet, TN compared to it's parent and neighbor geographies.

Rent vs Own

63.8%

Homeownership

2024

66.2%

Homeowners with Mortgage

2024

In 2024, 63.8% of the housing units in Olivet, TN were occupied by their owner. This percentage declined from the previous year's rate of 77.3%.

This chart shows the percentage of owner in Olivet, TN compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$66,635

Median Household Income

± $38,395

639

Number of Households

± 228

In 2024, the median household income of the 639 households in Olivet, TN declined from $66,635 from the previous year's value of $71,000.

The following chart displays the households in Olivet, TN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $100k - $125k range.

Wage Distribution

The closest comparable wage GINI for Olivet, TN is from Tennessee.

0.457

2024 Wage GINI in Tennessee

0.459

2023 Wage GINI in Tennessee

In 2024, the income inequality in Tennessee was 0.457 according to the GINI calculation of the wage distribution. Income inequality had a 0.505% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Tennessee was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Tennessee in comparison to the national average.

This chart shows the number of workers in Tennessee across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (88.3%)
Worked At Home (8.75%)
Carpooled (3%)

In 2024, 88.3% of workers in Olivet, TN drove alone to work, followed by those who worked at home (8.75%) and those who carpooled to work (3%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

25.8 minutes

Average Travel Time

Using averages, employees in Olivet, TN have a shorter commute time (25.8 minutes) than the normal US worker (26.4 minutes). Additionally, 16.8% of the workforce in Olivet, TN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Olivet, TN compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Olivet, TN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Olivet, TN have 2 cars.

Poverty

Poverty & Diversity

21% of the population for whom poverty status is determined in Olivet, TN (289 out of 1.38k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 45 - 54, followed by Females 18 - 24 and then Females 55 - 64.

The most common racial or ethnic group living below the poverty line in Olivet, TN is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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