37931 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Knox County
Centroid: Latitude 35.973, Longitude -84.114
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 37931 has segments in 2 Counties (Anderson, Knox).

Businesses Addresses: 356
PO Box Addresses: 0
Residential Addresses: 12,608

Multi-Family Addresses: 1,103
Single Family Addresses: 11,505

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2020, Maps updated: May 1, 2020.

Knoxville, TN 37931 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	29,407 (100%)
Population in Households	29,222 (99.4%)
Population in Families	24,439 (83.1%)
Population in Group Quarters¹	185 ( 0.6%)
Population Density	1,045
Diversity Index²	28


INCOME
Median Household Income	$76,794
Average Household Income	$93,520
% of Income for Mortgage⁴	12%
Per Capita Income	$36,804
Wealth Index⁵	97

HOUSING
Total HU (Housing Units)	12,476 (100%)
Owner Occupied HU	8,643 (69.3%)
Renter Occupied HU	2,928 (23.5%)
Vacant Housing Units	905 ( 7.3%)
Median Home Value	$227,552
Average Home Value	$250,946
Housing Affordability Index³	211

HOUSEHOLDS
Total Households	11,571
Average Household Size	2.53
Family Households	8,090
Average Family Size	3

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.

Knoxville, TN 37931 - Peer Comparisons by Rank and Percentile

The table below compares 37931 to the other 610 ZIP Codes in Tennessee by rank and percentile using July 1, 2020 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	2010-2020	2020-2025
Population	1.28%	1.13%
Households	1.29%	1.15%
Families	1.12%	1.01%
Median Household Income		1.62%
Per Capita Income		2.34%
Owner Occupied HU		1.24%

Variable Description	Rank	Percentile
Total Population	# 71	89th
Population Density	# 87	86th
Median Household Income	# 40	94th
Housing Affordability Index	# 396	65th
Per Capita Income	# 53	91st
Diversity Index	# 204	67th

Knoxville, TN 37931 ZIP Code Profile

ZIP Code 37931: Basic Data & USPS Preferred City Name

Knoxville, TN 37931 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Knoxville, TN 37931 - Peer Comparisons by Rank and Percentile

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