Knoxville, TN is a great place to live. The city offers affordable living with a 2 bedroom rental rate of $1,200, which is much lower than the US average of $1,430. Knoxville has a Grocery Cost Index of 96 compared to the national average of 100. This makes it even more cost effective to live in Knoxville. Residents can find employment at many local companies such as Denso Manufacturing Tennessee, Pilot Flying J, Scripps Networks Interactive and Covenant Health. Additionally, there are numerous small businesses throughout the area that offer great job opportunities. With its low cost of living and access to quality job opportunities, Knoxville is an ideal place to call home.
Knoxville (zip 37912) has an unemployment rate of 4.7%. The US average is 6.0%.
Knoxville (zip 37912) 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 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Knoxville (zip 37912)
- The Sales Tax Rate for Knoxville (zip 37912) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Knoxville (zip 37912) 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 Knoxville (zip 37912)
- The average income of a Knoxville (zip 37912) resident is $24,110 a year. The US average is $28,555 a year.
- The Median household income of a Knoxville (zip 37912) resident is $38,726 a year. The US average is $69,021 a year.