ZIP 37922 - 860Z200US37922 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 37922, located in the Knoxville, Tennessee area, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ve compiled key metrics on population, income, housing costs, and racial composition to help homebuyers, real estate investors, agents, small-business owners, and analysts make informed decisions. Whether you’re eyeing a family-friendly neighborhood or a market with strong economic potential, ZIP 37922 has unique characteristics worth exploring.

Population & Households

ZIP 37922 is home to a population of 39,013 residents, making it a sizable community with a suburban feel. These individuals are distributed across 14,386 households, reflecting a strong base of families and individuals. The total number of housing units stands at 15,390, indicating a slight surplus of available properties relative to occupied households. This balance suggests opportunities for growth or investment, as well as a stable residential foundation for local businesses catering to residents’ needs.

Income & Housing Costs

One of the standout features of ZIP 37922 is its robust economic profile. The median household income is an impressive $126,638, pointing to a community with significant purchasing power. This figure is well above the national average, making the area attractive for businesses targeting higher-income demographics. On the housing front, the median home value is $468,600, reflecting a premium market that aligns with the income levels. For renters, the median rent is $1,672 per month, which is also on the higher side, suggesting that both owning and renting in this area require substantial financial commitment. These metrics highlight ZIP 37922 as a prosperous area with a competitive housing market.

Race & Ethnicity

The demographic makeup of ZIP 37922 offers insight into the community’s cultural fabric. The population is predominantly White, accounting for 84.18% of residents. Black or African American residents make up 3.0%, while Asian residents represent 4.92%. Hispanic or Latino individuals comprise 4.38% of the population. This composition indicates a primarily homogeneous community with pockets of diversity, which may influence local culture, business offerings, and community dynamics. For businesses and investors, understanding this mix can help tailor services or marketing strategies to resonate with the majority while addressing the needs of smaller demographic groups.

Key Facts

• Total population in ZIP 37922: 39,013 residents.
• Total households: 14,386, supporting a strong residential base.
• Total housing units: 15,390, with some availability for new occupants.
• Median household income: $126,638, indicating high earning potential.
• Median home value: $468,600, reflecting a premium real estate market.
• Median rent: $1,672, suggesting a competitive rental landscape.
• Racial composition: 84.18% White, 3.0% Black, 4.92% Asian, 4.38% Hispanic.

What This Means for You

For homebuyers, ZIP 37922 offers a high-quality living environment backed by strong household incomes and valuable properties. The median home value of $468,600 means you’ll need to budget accordingly, but the investment could pay off in a stable, affluent community. Renters should note the $1,672 median rent, which suggests exploring options early to secure a place within budget. Real estate investors and agents will find a promising market here, with a slight surplus of housing units (15,390 total vs. 14,386 households) hinting at potential for sales or rentals, especially given the area’s economic strength. Small-business owners can capitalize on the high median income of $126,638, targeting premium products or services that appeal to a wealthier clientele. Analysts can use these metrics to benchmark ZIP 37922 against other areas, noting its above-average income and housing costs as indicators of a thriving local economy.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 37922? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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