According to statistics, the population in Olivet, TN amounts to 1,539, which shows decline -9% compared to the previous year. The median age of the city’s residents is 41. The average household income is $44,148, shifting growth 2% from the past year, and the average property value in Olivet, TN growth 3% to $119,500 throughout the year.
The average household income in Olivet, TN grew from $43,365 to $44,148 in the past year. This data is an estimate based upon 554 households in Olivet, TN . The chart below presents how household income is distributed in Olivet, TN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Olivet, TN shifted from $116,500 to $119,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Olivet, TN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Olivet, TN properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Olivet, TN compared to median property taxes around the country. The prevalent amount of property taxes in Olivet, TN equals $800, which is less than the national average.