Knox County, TN Economy


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United States / Tennessee / / Knox County / Cities / Zip Codes
Knox, TN County is a great place to call home! The county offers affordable two bedroom rent for $1,160, which is much lower than the US average of $1,430. It also has a low grocery cost index of 99 compared to 100 in the US. Knox is home to many businesses and amenities such as First Tennessee Bank, University of Tennessee Knoxville, Cherokee National Forest, Chick-fil-A, and Regal Cinema. With its relative affordability and abundance of attractions, Knox County is a perfect place to put down roots and build a life.

Knox County has an unemployment rate of 4.1%. The US average is 6.0%.

Knox County has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 39.0%, which is higher than the US average of 33.5%.

Tax Rates for Knox County
- The Sales Tax Rate for Knox County is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Knox County is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Knox County
- The average income of a Knox County resident is $28,255 a year. The US average is $28,555 a year.
- The Median household income of a Knox County resident is $62,911 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKnox, TennesseeUnited States
  4.16
  -4.2%-6.2%
  39.0%33.5%
  9.3%6.2%
  0.0%4.6%
  $36,450$37,638
  $62,911$69,021
  $83,248$85,028
  Population by Occupation
  0.3%1.2%
  0.1%0.5%
  7.0%6.8%
  8.0%10.0%
  2.8%2.5%
  13.0%11.0%
  3.9%4.8%
  0.9%0.8%
  2.1%1.9%
  5.0%4.7%
  1.8%1.9%
  8.1%7.6%
  0.2%0.1%
  4.8%4.2%
  10.4%9.3%
  14.6%14.0%
  1.5%2.1%
  8.1%7.0%
  4.3%4.8%
  3.1%4.7%
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