Knoxville, TN Profile: Facts & Data

The City of Knoxville is the 3rd largest city in Tennessee with a population of 197,700 as of July 1, 2024. Knoxville ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Tennessee. See peer rankings below.

The primary coordinate point for Knoxville is located at latitude 35.9606 and longitude -83.9207 in Knox County. The formal boundaries for the City of Knoxville encompass a land area of 98.52 sq. miles and a water area of 5.65 sq. miles. Knox County is in the Eastern time zone (GMT -5).

The City of Knoxville has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Knoxville, TN Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	197,700 (100%)
Population in Households	186,847 (94.5%)
Population in Families	125,864 (63.7%)
Population in Group Quarters¹	10,853 ( 5.5%)
Population Density	2,002
Diversity Index²	57


INCOME
Median Household Income	$50,037
Average Household Income	$78,430
% of Income for Mortgage⁴	34%
Per Capita Income	$34,474
Wealth Index⁵	59
Socioeconomic Status Index⁶	Moderate (46.6)

HOUSING
Total HU (Housing Units)	95,482 (100%)
Owner Occupied HU	42,831 (44.9%)
Renter Occupied HU	43,593 (45.7%)
Vacant Housing Units	9,058 ( 9.5%)
Median Home Value	$275,231
Average Home Value	$353,057
Housing Affordability Index³	75

HOUSEHOLDS
Total Households	86,424
Average Household Size	2.16
Family Households	42,523
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Knoxville, TN - Peer Comparisons by Rank and Percentile

The table below compares Knoxville to the other 504 incorporated cities, towns and CDPs in Tennessee by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.85%	0.71%
Households	1.00%	0.89%
Families		0.69%
Median Household Income		3.58%
Per Capita Income		3.64%
Owner Occupied HU		1.34%

Variable Description	Rank	Percentile
Total Population	# 3	100th
Population Density	# 10	98th
Median Household Income	# 373	26th
Housing Affordability Index	# 68	13th
Per Capita Income	# 183	64th
Diversity Index	# 34	93rd

Knoxville, TN Profile: Facts & Data

Knoxville, Tennessee - Basic Facts

Knoxville, TN Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Knoxville, TN - Peer Comparisons by Rank and Percentile

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