Oliver Springs, TN 37840 ZIP Code Profile

Related Place Profiles:
Oliver Springs, TN

ZIP Code 37840: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Oliver Springs, TN 37840

Acceptable Alternative
Oliver Spgs, TN 37840

  • ZIP Code Type: STANDARD
  • County: Roane County
  • Centroid: Latitude 36.033, Longitude -84.324
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes

ZIP Code 37840 has segments in 3 Counties (Anderson, Morgan, Roane).

  • Businesses Addresses: 258
  • PO Box Addresses: 234
  • Residential Addresses: 3,949
    • Multi-Family Addresses: 0
    • Single Family Addresses: 3,949

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2020, Maps updated: May 1, 2020.


Oliver Springs, TN 37840 Data & Demographics (As of July 1, 2020)


Total Population 10,104 (100%)
Population in Households 10,104 (100.0%)
Population in Families 8,445 (83.6%)
Population in Group Quarters1 0
Population Density 111
Diversity Index2 11


Median Household Income $44,795
Average Household Income $59,073
% of Income for Mortgage4 14%
Per Capita Income $23,526
Wealth Index5 59


Total HU (Housing Units) 4,601 (100%)
Owner Occupied HU 3,075 (66.8%)
Renter Occupied HU 949 (20.6%)
Vacant Housing Units 577 (12.5%)
Median Home Value $144,560
Average Home Value $188,561
Housing Affordability Index3 192


Total Households 4,024
Average Household Size 2.51
Family Households 2,826
Average Family Size 3
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.


2010-2020 2020-2025
Population -0.05% 0.01%
Households -0.09% -0.01%
Families -0.26% -0.15%
Median Household Income   2.09%
Per Capita Income   2.01%
Owner Occupied HU   0.05%

Oliver Springs, TN 37840 - Peer Comparisons by Rank and Percentile

The table below compares 37840 to the other 610 ZIP Codes in Tennessee by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 203 67th
Population Density # 261 57th
Median Household Income # 323 47th
Housing Affordability Index # 289 47th
Per Capita Income # 341 44th
Diversity Index # 480 22nd

Additional comparisons and rankings can be made with a VERY EASY TO USE Tennessee Census Data Comparison Tool.

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