Knoxville, TN (37918) is an excellent place to live for those looking for affordable housing. With a two bedroom rent costing only $1,150, it's significantly cheaper than the national average of $1,430. The cost of living here is also quite low due to the grocery cost index being 97 versus 100 in the US. \nThe city is home to many local businesses, attractions and services as well. A few examples include Cotton Eyed Joe's Bar which offers live country music entertainment; the ever popular Ijams Nature Center which offers hiking trails and educational programs; and the Knoxville Zoo which houses various animals from around the world including penguins and clouded leopards. There are also several professional services such as doctors, dentists, lawyers, and financial advisors ready to assist with any enquiries. All this makes Knoxville a great place to call home.
Knoxville (zip 37918) has an unemployment rate of 4.7%. The US average is 6.0%.
Knoxville (zip 37918) 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 37918)
- The Sales Tax Rate for Knoxville (zip 37918) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Knoxville (zip 37918) 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 37918)
- The average income of a Knoxville (zip 37918) resident is $23,963 a year. The US average is $28,555 a year.
- The Median household income of a Knoxville (zip 37918) resident is $59,801 a year. The US average is $69,021 a year.