Zip 37921 (Knoxville, TN) Economy


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Knoxville is a city in Tennessee with a population of 37921. The city has an affordable cost of living, with the average two bedroom rent at $1,250 per month. This is lower than the national average of $1,430. The city also has a low Grocery Cost Index which is 96 compared to the US index of 100. Knoxville provides job opportunities at companies such as Home Federal Bank, Pilot Flying J and Regal Entertainment Group who are all headquartered in the city. Additionally, there are other major employers such as Covenant Health, Scripps Networks Interactive and Denso Manufacturing Tennessee Inc that offer multiple positions for people looking to work in Knoxville.

Knoxville (zip 37921) has an unemployment rate of 4.7%. The US average is 6.0%.

Knoxville (zip 37921) 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 37921)
- The Sales Tax Rate for Knoxville (zip 37921) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Knoxville (zip 37921) 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 37921)
- The average income of a Knoxville (zip 37921) resident is $21,139 a year. The US average is $28,555 a year.
- The Median household income of a Knoxville (zip 37921) resident is $53,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKnoxville, TennesseeUnited States
  4.76
  -4.2%-6.2%
  37.5%33.5%
  9.3%6.2%
  0.0%4.6%
  $26,079$37,638
  $53,000$69,021
  $60,666$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  7.2%6.8%
  8.7%10.0%
  3.5%2.5%
  11.1%11.0%
  6.1%4.8%
  0.8%0.8%
  2.4%1.9%
  3.9%4.7%
  1.3%1.9%
  6.6%7.6%
  0.4%0.1%
  5.0%4.2%
  7.5%9.3%
  13.7%14.0%
  1.0%2.1%
  13.0%7.0%
  3.4%4.8%
  4.2%4.7%
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