The city of Knoxville, TN (37931) has a two bedroom rental rate of $1,380. This makes it more affordable than the US average of $1,430. Grocery Cost Index in Knoxville is also lower than the national average at 101 compared to 100. As such, residents here can benefit from a cheaper cost of living. Local companies that offer two bedroom rentals in this area include Apartment Finder Knoxville, Rentals Now and Hillside Properties. These companies have varied rental property options for those looking to settle down in Knoxville and enjoy its wonderful surroundings.
Knoxville (zip 37931) has an unemployment rate of 4.7%. The US average is 6.0%.
Knoxville (zip 37931) has seen the job market decrease by -4.2% 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 37931)
- The Sales Tax Rate for Knoxville (zip 37931) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Knoxville (zip 37931) 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 37931)
- The average income of a Knoxville (zip 37931) resident is $39,549 a year. The US average is $37,638 a year.
- The Median household income of a Knoxville (zip 37931) resident is $83,359 a year. The US average is $69,021 a year.