Zip 37919 (Knoxville, TN) Economy


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Knoxville, Tennessee (37919) is a vibrant city in East Tennessee with a population of around 187,000 people. The cost of living in Knoxville is very affordable compared to the US average with 2 bedroom rent averaging $1,290 compared to the US average of $1,430. Grocery cost index is also much more affordable with a rating of 103 versus 100 in the US. There are many local businesses that thrive in Knoxville like Pilot Flying J, Scripps Networks Interactive, Massey Services and Regal Entertainment Group just to name a few. In addition to these local companies there is plenty of entertainment available such as the nearby Great Smoky Mountains National Park or downtown attractions like Market Square and The Sunsphere Tower. There's something for everyone in Knoxville!

Knoxville (zip 37919) has an unemployment rate of 4.7%. The US average is 6.0%.

Knoxville (zip 37919) 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 37919)
- The Sales Tax Rate for Knoxville (zip 37919) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Knoxville (zip 37919) 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 37919)
- The average income of a Knoxville (zip 37919) resident is $42,758 a year. The US average is $28,555 a year.
- The Median household income of a Knoxville (zip 37919) resident is $68,297 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%
  $57,525$37,638
  $68,297$69,021
  $121,326$85,028
  Population by Occupation
  0.4%1.2%
  0.2%0.5%
  2.9%6.8%
  6.8%10.0%
  2.3%2.5%
  11.0%11.0%
  2.1%4.8%
  0.8%0.8%
  4.0%1.9%
  5.6%4.7%
  1.8%1.9%
  9.4%7.6%
  0.3%0.1%
  4.6%4.2%
  12.7%9.3%
  16.6%14.0%
  1.4%2.1%
  11.0%7.0%
  2.8%4.8%
  3.1%4.7%
Health