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Living In Knoxville, TN: What You Need To Know

Carl Young

Carl Young is the Team Lead and Lead Listing Specialist for Young Marketing Group...

Carl Young is the Team Lead and Lead Listing Specialist for Young Marketing Group...

Apr 12 4 minutes read

Living in Knoxville, TN: What You Need to Know

Find Your New Home

Knoxville is a nature-loving, adventure-seeking, artsy kinda town. The brilliant Sunsphere is an iconic symbol of the way Knoxvillians look at the bright side of life and embodies the community’s artistic nature. Popular Mechanics named it one of the Top 25 Maker Cities, home to a renowned community of artists, creatives, small-scale manufacturers, and supporting entities who strive for:

  • Accessibility

  • Community

  • Inclusion

  • Inspiration

  • Sustainability

Scruffy City is the embodiment of the resiliency of those living in Knoxville, TN. It was meant as an insult by a misguided journalist in 1980 who implied that Knoxville was not a good choice for the 1982 World’s Fair because it was a “scruffy little city.” Not to be meddled with, Knoxvilians have turned the Historic Market Square into a mecca of food, music, drinks, arts, and so much more. 

Young Marketing Group can’t wait to make you a part of this exciting and imaginative scene.

Cost of Living in Knoxville, TN

The overall cost of living in Knoxville is 18% lower than the national average. A few of the key components of daily life that are much more affordable in Knoxville and below the national average are:

  • Utilities at 10% below

  • Groceries at 14% below

  • Transportation at 16% below

But here is where Knoxville really shines and why so many people call it home: housing costs are a remarkable 28% lower than across the nation. No wonder people are looking through the listings in the Marble City.

What Is the Population of Knoxville, TN?

Knoxville is the 3rd largest city in Tennessee and is continuing to grow and improve. The population has increased by 5.15% since the 2010 census to over 188,000.

The history of Knoxville dates back to 1786, when its founder, James White, created a settlement consisting of a fort with cabins surrounding it. The current population is made up of young, vibrant, innovative, and driven residents at an average age of 32 years old.

One of Knoxville’s most promising aspects is that economists predict there will be a 37.5% job growth over the next 10 years. To make this job prospect even more appealing, the Hall income tax was phased out over the past four years, and as of January 1, 2021, there is no state income tax in Tennessee. All of these factors are bound to attract even more residents.

Choose Young Marketing Group to Find Your Dream Home in Knoxville, TN

Knoxville is calling you. Don’t believe us? Check out the testimonials from some of our happy clients in Tennessee. At Young Marketing Group, our goal is not just to get you into a home, but to get you into a dream home with the financing and amenities you need to live the ideal life.

Contact Young Marketing Group today to schedule an appointment to talk about buying a home, listing a home, or any other property transactions in which you are interested. If you are a first-time home buyer, we will help you with every step of the buying and financing process, as well as do whatever we can to find assistance unique to a first-time real estate purchase.

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