Cost of Living in Knox County, TN

What does it cost to live in Knox County? Income, housing, and affordability breakdown.

Median Income

$68,580

Median Rent

$1,097/mo

Median Home

$248,200

Affordability

395

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$1,255
Property Tax$108
Insurance$83

Total Monthly$1,446
% of Income25.3%

Renting

Median Rent$1,097
Renter's Insurance$25

Total Monthly$1,122
% of Income19.2%

Living in Knox County, Tennessee

Knox County has a median household income of $68,580 with housing costs that represent 25.3% of income for owners and 19.2% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 395 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Tennessee

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.