Everything You Need to Know About the City of Knoxville Tennessee

In 2017, Knoxville, TN had a population of 184k people with a median age of 32.6 and a median household income of $36,331 dollars. Between 2016 and 2017 the population of Knoxville, TN grew from 183,927 to 184,465, a 0.293 percent increase, and its median household income grew from $34,556 dollars to $36,331 dollars, a 5.14 percent increase.

The population of Knoxville, TN is 71.5 percent White Alone, 17.3 percent Black or African American Alone, and 5.58 percent Hispanic or Latino. N/A% of the people in Knoxville, TN speak a non-English language, and 95.8 percent are U.S. citizens.

The largest universities in Knoxville, TN are The University of Tennessee-Knoxville (7,103 degrees awarded in 2017), Tennessee College of Applied Technology-Knoxville (921 degrees), and South College (598 degrees).

The median property value in Knoxville, TN is $124,500 dollars, and the homeownership rate is 45.3 percent. Most people in Knoxville, TN commute by Drove Alone, and the average commute time is 18.9 minutes. The average car ownership in Knoxville, TN is 2 cars per household.

 

Education in Knoxville

In 2017, universities in Knoxville, Tennessee awarded 9,174 degrees. The student population of Knoxville, TN is skewed towards women, with 15,408 male students and 17,236 female students.

Most students graduating from Universities in Knoxville, TN are White (7,208 and 81.3 percent), followed by Black or African American (624 and 7.03 percent), Hispanic or Latino (304 and 3.43 percent), and Asian (269 and 3.03 percent).

The largest universities in Knoxville, TN by the number of degrees awarded are The University of Tennessee-Knoxville (7,103 and 77.4 percent), Tennessee College of Applied Technology-Knoxville (921 and 10 percent), and South College (598 and 6.52 percent).

The most popular majors in Knoxville, TN are General Business Administration & Management (362 and 3.95 percent), Social Work (355 and 3.87 percent), and Logistics, Materials, & Supply Chain Management (325 and 3.54 percent).

The median tuition costs in Knoxville, TN is $N/A for private four-year colleges, and $11,110 dollars and $29,300 dollars respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in Knoxville

The economy of Knoxville, TN employs 90.3k people and Knoxville has an unemployment rate of 3.2 percent. Knoxville has seen the job market increase by 0.9 percent over the last year. Future job growth over the next ten years is predicted to be 37.5 percent, which is higher than the US average of 33.5 percent. The largest industries in Knoxville, TN is Retail Trade (13,023 people), Accommodation & Food Services (11,195 people), and Health Care & Social Assistance (12,770 people), and the highest paying industries are Mining, Quarrying, & Oil & Gas Extraction ($94,519 dollars), Utilities ($67,375 dollars), and Professional, Scientific, & Technical Services ($41,553 dollars).

Households in Knoxville, TN have a median annual income of $36,331, dollars which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $34,556 dollars in 2016, which represents a 5.14 percent annual growth.

 

Tax Rates for Knoxville

– The Sales Tax Rate for Knoxville is 9.3 percent.

– The Income Tax Rate for Knoxville is 0.0 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Knoxville

– The average income of a Knoxville resident is $23,177 dollars a year.

– The Median household income of a Knoxville resident is $33,494 dollars a year.