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Olivet, TN

Full City Profile · Tennessee · Hardin County County

3.0 /5.0
B Good
1,609 Population 270/sq mi density
$71,000 Median Income $31,960 per capita
$136,400 Home Value $189,881 Zillow
$767 Median Rent 10.7% income on rent
62°F Avg Temperature 301 sunny days/yr
575 Violent Crime/100K 7,177 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$71,000 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$136,400 home value, $767/mo rent
F
Safety
1.0 / 5.0
575 violent crimes/100K (51% above avg)
F
Education
1.4 / 5.0
5.5% bachelor's degree or higher

Housing Overview

Median Home Value
$136,400
52% below
US avg: $281,900
Median Rent
$767/mo
34% below
US avg: $1,163/mo
Homeownership Rate
77.3%
18% above US avg (65.4%)
Total Housing Units
562
Median year built: 1997

Home Value by Source

Census Median
$136,400
Zillow (ZHVI)
$189,881
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

77.3%
Owner-Occupied
22.7%
Renter-Occupied
77%
23%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent: $767/mo

Affordability & Housing Stock

Rent Burden
10.7%
of renters spending 30%+ of income on housing
65% below US avg (31.0%)
Median Year Built
1997
Average age of housing stock: 29 years
Homeownership Rate
77.3%

Complete Housing Data

Home Values

Census Median Value$136,400
Zillow Home Value (ZHVI)$189,881

Rent

Census Median Rent$767
FMR Studio$882
FMR 1-Bedroom$924
FMR 2-Bedroom$1,118
FMR 3-Bedroom$1,445
FMR 4-Bedroom$1,644

Market

Ownership & Stock

Owner-Occupied77.3%
Renter-Occupied22.7%
Homeownership Rate77.3%
Total Housing Units562
Median Year Built1997
Rent Burden10.7%