ZIP 37921 - 860Z200US37921 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 37921, 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 29,000 and a diverse mix of households, this area presents unique opportunities and considerations for homebuyers, real estate investors, agents, small-business owners, and analysts. Let’s break down the latest data to help you make informed decisions about living, working, or investing in 37921.

Population & Households

ZIP 37921 is home to a population of 29,064 residents as of 2023. This sizable community is spread across 11,518 households, indicating a mix of family and individual living arrangements. The total number of housing units in the area stands at 12,969, suggesting a moderate level of vacancy or availability for potential buyers or renters. For those looking to settle or invest, this balance of population and housing stock provides a stable foundation to explore opportunities in the area.

Income & Housing Costs

The median household income in ZIP 37921 is $57,813, reflecting a moderate earning capacity for residents. This income level can influence affordability for potential homebuyers and renters while offering insight into the spending power of local consumers for business owners. On the housing front, the median house value is $204,300, which positions 37921 as a relatively accessible market for first-time buyers or investors seeking value-driven properties. Meanwhile, the median rent of $1,147 per month indicates a rental market that may appeal to those not yet ready to purchase or looking for flexibility.

Race & Ethnicity

The demographic makeup of ZIP 37921 showcases a diverse community with a range of cultural backgrounds. The racial composition includes 66.81% White, 19.17% Black, 0.72% Asian, and 8.65% Hispanic residents. This diversity can enrich the social fabric of the area, offering a blend of perspectives and experiences. For businesses, this mix suggests a varied customer base, while homebuyers may appreciate the opportunity to join a multifaceted neighborhood.

Key Facts

• Total population in ZIP 37921: 29,064 residents.
• Total households: 11,518, supporting a range of family and individual setups.
• Total housing units: 12,969, indicating potential availability for new residents or investors.
• Median household income: $57,813, reflecting moderate local earning power.
• Median house value: $204,300, offering accessible entry points for buyers.
• Median rent: $1,147, providing options for renters in the area.
• Racial diversity: 66.81% White, 19.17% Black, 0.72% Asian, and 8.65% Hispanic.

What This Means for You

For homebuyers, ZIP 37921 offers a promising market with a median home value of $204,300, which could be within reach for many, especially first-time buyers. The moderate median rent of $1,147 also makes renting a viable option while you explore long-term plans. Investors and real estate agents will find value in the area’s housing stock of 12,969 units, with some availability suggesting room for growth or rental income potential. The population size and diversity also indicate a steady demand for housing. Small-business owners can leverage the community’s median income of $57,813 and diverse demographic profile to tailor products or services to a broad customer base. Finally, analysts can use this data as a baseline to track trends in housing affordability, population shifts, or economic growth in 37921, helping to inform broader market strategies.

Run This Study Yourself

Want to dive deeper into ZIP 37921 or explore another area? Follow these steps to uncover detailed demographic and housing insights tailored to your needs:

• Visit ZipcodeGPT to access a powerful tool for ZIP code analysis.
• Enter the ZIP code of interest to generate a comprehensive report with the latest data.
• Use the insights to make informed decisions for buying, investing, or starting a business.