Our Community
Once you live in the Knoxville area you never want to leave! Aside from its natural beauty is the beauty of the people. Knoxville has held onto its polite Southern heritage while embracing all things high-tech! We’re close to the beauty of the mountains, the excitement of Oak Ridge, the rich artistic community of our downtown and the pride of Knoxville, THE VOLS!
Knoxville is a vibrant city which offers one of the highest quality of living standards in the United States. With large employers such as TVA, the University of Tennessee and the Oak Ridge National Lab, Knoxville enjoys high employment rates and a stable economy. The friendly “volunteer spirit” of Knoxvillians is always a source of discussion among newcomers. Our area is full of energetic, enthusiastic, “down home” people ready to lend a hand to their neighbors.
All in all, the Knoxville area has it ALL! DOGWOOD ARTS FESTIVALBIG EARS MUSIC FESTIVALTENNESSEE THEATER CALENDAR
There were 76,650 households out of which 22.8% had children under the age of 18 living with them, 35.3% were married couples living together, 13.7% had a female householder with no husband present, and 47.6% were non-families. 38.3% of all households were made up of individuals and 11.4% had someone living alone who was 65 years of age or older. The average household size was 2.12 and the average family size was 2.84. In the city the population was spread out with 19.7% under the age of 18, 16.8% from 18 to 24, 29.5% from 25 to 44, 19.6% from 45 to 64, and 14.4% who were 65 years of age or older. The median age was 33 years. For every 100 females there were 90.0 males. For every 100 females age 18 and over, there were 86.3 males. The median income for a household in the city is $27,492, and the median income for a family is $37,708. Males had a median income of $29,070 versus $22,593 for females. The per capita income for the city is $18,171. About 14.4% of families and 20.8% of the population were below the poverty line, including 26.1% of those under age 18 and 12.0% of those age 65 or over. In 2006, ERI published an analysis that identified Knoxville as the most affordable U.S. city for new college graduates, based on the ratio of typical salary to cost of living. Population and household growth are expected to follow employment growth, causing increased housing demand during the forecast period. Resident employment should continue to grow at a pace equal to that from 2000 to the Current date. As population continues to increase and the labor force grows, the unemployment rate is projected to increase slightly to 3.7 percent. The population growth is estimated to result in 12,900 new households in the HMA by the Forecast date. Demand for new housing for the period from April 1, 2005, to April 1, 2008, is estimated to total 13,100 units — 10,400 sales units and 2,700 rental units.
Because of its central location in the eastern half of the United States and proximity to two major Interstate highways, many warehousing and distribution companies operate in and around Knoxville. The Old City is home to most of Knoxville’s historic warehouses and factories. In April 2008, Forbes Magazine named Knoxville among the Top 10 Metropolitan Hotspots in the United States and within Forbes’ Top 5 for Business & Careers, just behind cities like New York and Los Angeles. In March 2009, CNN ranked Knoxville as the 59th city in the top 100 US metro areas, in terms of real estate price depreciation. The median price of a home in Knoxville is $184,900. Kiplinger has ranked Knoxville at #5 in its list of Best Value Cities 2011 citing “college sports, the Smoky Mountains and an entrepreneurial spirit.” |
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