Zip 37922 (Knoxville, TN) Economy


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Knoxville, TN (37922) is a city in the southeastern United States with a population of 187,000 people. It has a diverse range of businesses and amenities for both residents and visitors. The average two-bedroom rent is $1,720 which is significantly higher than the national average of $1,430. Knoxville also has an above-average grocery cost index at 104 compared to 100 in the US. Local companies include Regal Entertainment Group, HCA Healthcare, Pilot Flying J, and Bush Brothers & Company among many others. The city offers affordable living costs for those who are willing to sacrifice certain luxuries while still enjoying all the services it has to offer.

Knoxville (zip 37922) has an unemployment rate of 4.7%. The US average is 6.0%.

Knoxville (zip 37922) 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 37922)
- The Sales Tax Rate for Knoxville (zip 37922) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Knoxville (zip 37922) 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 37922)
- The average income of a Knoxville (zip 37922) resident is $46,772 a year. The US average is $28,555 a year.
- The Median household income of a Knoxville (zip 37922) resident is $113,475 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%
  $58,596$37,638
  $113,475$69,021
  $126,981$85,028
  Population by Occupation
  0.3%1.2%
  0.1%0.5%
  6.5%6.8%
  8.6%10.0%
  2.7%2.5%
  11.0%11.0%
  2.7%4.8%
  1.1%0.8%
  1.7%1.9%
  7.6%4.7%
  2.4%1.9%
  14.3%7.6%
  0.3%0.1%
  2.8%4.2%
  9.4%9.3%
  16.4%14.0%
  1.4%2.1%
  4.3%7.0%
  4.2%4.8%
  2.2%4.7%
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