Knoxville, Tennessee is a mid-sized city with a population of 183,927 residents. At 75%, the majority of the Knoxville population is White; this is followed by 18% Black and 2% Asian. Knoxville tends to attract a younger crowd, as the median age of 33 is far below the national average.
Living in Knoxville can be a great experience for anyone moving to the town. Having said that, in the state of Tennessee, there are many incredible places to live, so choose wisely! To help you find the best places to live in and around Knoxville, AreaVibes has created a livability score using key metrics like amenities, crime, education, housing and more.
Knoxville, TN receives 69/100 for it’s livability score; this results in a ranking of #152 in Tennessee and #12,692 in the USA. If we dig a little deeper into each category within the livability score, we see that Knoxville has higher than average grades for the following: amenities (A+) and cost of living (A-). The bad news for Knoxville, there are some categories for which it does not rank well, this includes: crime (F) and employment (D-).
Knoxville real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Knoxville. The median home price for Knoxville homes is $120,300, which is 17.6% lower than the Tennessee average. If we take a closer look at the affordability of homes in Knoxville, we’ll see that the home price to income ratio is 3.5, which is 12.9% higher than the Tennessee average. Year over year appreciation rates for homes in the Knoxville area were 8.1% and the 5 year appreciation rates came in at 5.6%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.
|Old City, Knoxville||78||1.1||120|
|Downtown Knoxville, Knoxville||72||1||1,654|
|South Knoxville, Knoxville||70||0.9||9,000|