Interested in purchasing investment houses in the 37916 zip code in Knoxville, TN?
The zip code 37916 is in Knox county with a latitude of -83.933480000000 and longitude of 35.953190000000, is in the state of Tennessee. The average asking price of houses and condos is $323,857.00 and the average sale price was $114,222.00. this regions is classified as the Knoxville metro area and is in the 865 area code. The location in degrees is 35° 57' 11.484" N, 83° 56' 0.528" W. The county F.I.P.S. is 47093. The total land area is 1.5 square miles and the water area is 0.1 square miles. The elevation in this area is 892 - 892 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 37916 is in county number 030 and is L. Sector 18, L. Segment 42, H. Sector 42, and H. Segment 42. The population was 13,234 in 2019 and 12,507 in 2010. This further breaks down to 6,869 males (51.9%) and 6,365 females (48.1%). The median age of residents is 21.0 years. The population of the greater Knoxville, TN area is 702,744. The population density (people per square mile) is 8,879. This zip code has a combined total of 3,438 houses and condos. There are 2,802 rented appartments. 97% of residents rent versus the 97% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $18,039 and the average salary is $17,071. The median household income of individuals is $13,455.00 and the average is $22,670.00. This zip code has a mean commute time to work of 16.1 minutes. The unemployment rate is 4.8%. Income earners by percent breakdown as 92.60% (Under $50,000), 6.80% ($50,000-$100,000), and 0.60% earn over $100,000. 59.6% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 98.7. The educational breakdown is 96.0% have a high school education or higher, 50.5% have a bachelor's degree or higher, and 29.3% have some kind of profesional degree.
This area has 2,745 households and the average size is 2.5 people. Individuals who are single and have never been married are 96.3%, 1.8% are now married, 0.2% are separated, 0.3% are widowed, and 1.4% are divorced. The average yearly contribution amount given by people to charity was $1,500 versus the state average of $6,709. The percent of residents who gave to charity was 2.8%.
The estimated median value of houses and condos is $334,157. The median monthly owner costs of mortgage holders was $1,196, where as the costs for those who don't have a mortgage are $455. The median number of rooms in houses and condos are 5.6 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 0.4% which equated to an average real estate tax amount payment of $1,478. In comparision, the average real estate tax percent rate in the state is 0.6% which equated to an average real estate tax amount payment in the state of $1,220. Reported taxable interest for persons was $360, dividends $2,450, capital gains +$2,117, and itemized deductions $20,700. The average earned income tax credit is $1,042. The percent of individuals that use a tax preparer is 22.0%. The total average income taxes paid by individuals was $5,450. Businesses reported an average profit of $6,160.
Chesapeake's
500 Henley St, Knoxville, TN 37902 (0.9 miles away)
1204 Central Flats & Taps
1204 N Central St, Knoxville, TN 37917 (3.1 miles away)
Long Boy BBQ
6928 Clinton Hwy, Knoxville, TN 37921 (4.2 miles away)
Archers BBQ
6714 Central Avenue Pike, Knoxville, TN 37912 (4.2 miles away)
Da-Ham BBQ
7916 Martin Mill Pike, Knoxville, TN 37920 (4.3 miles away)
Texas Roadhouse
120 Morrell Road, Knoxville, TN 37919 (4.4 miles away)
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