Living in Oliver Springs, Tennessee
Cost of living, income, home prices, rent and demographics of Oliver Springs · Census data 2020–2024
Oliver Springs has 3,281 residents with a median age of 40.7. The median household income is $51,183 (26% lower than the Tennessee median), the median home value is $180,900, the median rent is $523/month.
Oliver Springs at a glance
- Population
- 3,281
- Median age
- 40.7State: 38.9
- Median household income
- $51,183State: $69,595
- Median home value
- $180,900State: $286,700
- Median rent
- $523/moState: $1,189
- Homeowners
- 69.4%
- Bachelor's degree or higher
- 11.5%
- Average commute
- 25 min
Is Oliver Springs a good place to live?
Pros: Home values 37% lower than the state median; an average commute of 25 minutes; unemployment of 4.6%.
Cons: Median household income 26% lower than the Tennessee median; a poverty rate of 17%.
The weather is best in April–May and September–October.
Cost of living in Oliver Springs
Housing is the biggest part of the cost of living. In Oliver Springs the median home value is $180,900, 46% lower than the U.S. median. Renters pay a median of $523 per month, which is 27.6% of household income. Homeowners with a mortgage pay $1,383 a month in housing costs.
Oliver Springs median household income
The median household income in Oliver Springs is $51,183 and the income per person is $25,413. 17% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Oliver Springs: homes for sale and rent
- Housing units
- 1,315
- Owner-occupied
- 69.4%
- Renter-occupied
- 30.6%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.50
Oliver Springs demographics
- Population
- 3,281
- Median age
- 40.7
- Under 18
- 21.9%
- 65 and older
- 24.2%
- Households
- 1,315
- Foreign-born
- 0.6%
- Veterans
- 11.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Oliver Springs ›
Education in Oliver Springs
11.5% of adults 25 and older in Oliver Springs have a bachelor's degree or higher (Tennessee: 31.1%), and 5.1% have a graduate or professional degree.
Jobs and commute in Oliver Springs
- Unemployment rate
- 4.6%State: 4.7%
- Average commute
- 25 minState: 26 min
- Work from home
- 7.4%
- Drive alone
- 89.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 78.3%
Oliver Springs vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oliver Springs | 3,281 | $51,183 | $180,900 | $523 |
| Oak Ridge | 32,693 | $72,311 | $270,200 | $1,131 |
| Coalfield | 2,754 | $90,104 | $190,200 | — |
| Clinton | 10,239 | $68,882 | $225,000 | $962 |
| Karns | 4,115 | $100,043 | $328,600 | $1,765 |
| Oakdale | 175 | $62,083 | $103,100 | — |
| Farragut | 24,634 | $142,093 | $583,400 | $1,966 |
| Wartburg | 1,191 | $30,625 | $192,000 | $478 |
| Harriman | 6,090 | $44,653 | $153,200 | $763 |
More for people moving to Oliver Springs
Oliver Springs ZIP code ›Weather and climate ›Living in Oliver Springs: FAQ
What is the median household income in Oliver Springs, TN?
The median household income in Oliver Springs is $51,183, 26% lower than the Tennessee median of $69,595 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Oliver Springs?
The median home value in Oliver Springs is $180,900, compared with $286,700 in Tennessee.
How much is rent in Oliver Springs?
The median gross rent in Oliver Springs is $523 per month, about 27.6% of household income.
Is Oliver Springs, TN a good place to live?
Pluses: home values 37% lower than the state median; an average commute of 25 minutes; unemployment of 4.6%. Minuses: median household income 26% lower than the Tennessee median; a poverty rate of 17%.
What is the median age in Oliver Springs?
The median age in Oliver Springs is 40.7 years (Tennessee: 38.9).
How long is the commute in Oliver Springs?
The average commute to work in Oliver Springs is 25 minutes; 7.4% of workers work from home.
What is the unemployment rate in Oliver Springs?
The unemployment rate in Oliver Springs is 4.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oliver Springs?
11.5% of adults in Oliver Springs have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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