ZIP 37919 - 860Z200US37919 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 37919, located in the Knoxville, Tennessee area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 31,000 and a robust housing market, this area presents unique opportunities for homebuyers, real estate investors, agents, small-business owners, and analysts. Let’s break down the key metrics to help you understand what makes ZIP 37919 stand out and how it can align with your goals.

Population & Households

ZIP 37919 is home to a population of 31,401 residents, making it a moderately sized community with a strong residential base. These individuals are distributed across 14,131 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 15,499, indicating a slight surplus of available properties compared to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing vacant units.

Income & Housing Costs

The median household income in ZIP 37919 is $71,863, positioning the area as a relatively affluent community compared to national averages. This income level supports a strong local economy, which can be a draw for businesses seeking a stable customer base. On the housing front, the median home value is $453,000, reflecting a competitive real estate market that may appeal to buyers looking for long-term value or investors seeking appreciation potential. For renters, the median rent is $1,247 per month, offering a more accessible entry point into the community compared to purchasing a home. These figures highlight a market with options for various budgets and investment strategies.

Race & Ethnicity

The demographic makeup of ZIP 37919 showcases a diverse yet predominantly white population. Approximately 78.84% of residents identify as white, while 5.35% are Black, 3.65% are Asian, and 7.98% identify as Hispanic. This composition reflects a community with a majority population but also a notable presence of minority groups, contributing to a culturally varied environment. For businesses and investors, this diversity can translate into a broader customer base or tenant pool, while homebuyers may appreciate the inclusive atmosphere.

Key Facts

• Total population: 31,401 residents in 2023.
• Total households: 14,131, indicating a strong residential foundation.
• Total housing units: 15,499, with some availability for new occupants.
• Median household income: $71,863, supporting a stable local economy.
• Median home value: $453,000, reflecting a competitive housing market.
• Median rent: $1,247, offering rental affordability relative to home prices.
• Racial composition: 78.84% white, 7.98% Hispanic, 5.35% Black, 3.65% Asian.

What This Means for You

For homebuyers, ZIP 37919 offers a promising market with a median home value of $453,000, suggesting potential for property value growth over time. The slight surplus of housing units (15,499 total versus 14,131 households) could mean less competition for available homes, giving you room to negotiate. Investors and real estate agents will find value in the income levels and home prices, which indicate a market capable of supporting rental properties or flips—especially with a median rent of $1,247 that appeals to a wide range of tenants. Small-business owners can leverage the $71,863 median household income and diverse population to target a financially stable and varied customer base, ideal for retail, services, or dining ventures. Analysts can use these metrics to benchmark ZIP 37919 against other areas, identifying trends in housing demand or economic growth. Whether you’re buying, investing, or building a business, this area’s data points to a balanced and opportunity-rich environment.

Run This Study Yourself

• Curious about diving deeper into ZIP 37919 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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