ZIP 37934 - 860Z200US37934 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 37934, located in the Knoxville area of Tennessee, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 28,000 and a strong economic profile, this area presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s dive into the latest data to help you understand what makes ZIP 37934 stand out.

Population & Households

ZIP 37934 is home to 28,237 residents, making it a moderately sized community with a suburban feel. These individuals are spread across 10,570 households, reflecting a stable residential base. The total number of housing units stands at 10,702, indicating a slight surplus of available properties relative to occupied households. This balance suggests a market with room for growth or flexibility for new residents and investors looking to enter the area.

Income & Housing Costs

One of the standout features of ZIP 37934 is its robust economic profile. The median household income here is $135,472, significantly higher than many surrounding areas, pointing to a prosperous community with strong purchasing power. For homebuyers and investors, the median house value of $473,600 reflects a premium market, likely driven by desirable amenities, schools, or proximity to Knoxville’s economic hubs. Renters, meanwhile, face a median rent of $1,810 per month, which aligns with the area’s higher cost of living but also signals strong demand for rental properties.

Race & Ethnicity

The demographic makeup of ZIP 37934 is predominantly White, with 88.19% of the population identifying as such. Other groups include Black residents at 1.3%, Asian residents at 3.91%, and Hispanic or Latino individuals at 3.42%. This composition indicates a relatively homogenous community, which may influence cultural dynamics, business opportunities, and community services. For businesses and investors, understanding this breakdown can help tailor offerings or marketing strategies to the area’s primary demographic while also considering the needs of smaller but growing minority groups.

Key Facts

• Total population in ZIP 37934: 28,237 residents as of 2023.
• Total households: 10,570, supporting a stable community base.
• Total housing units: 10,702, with a small surplus over occupied homes.
• Median household income: $135,472, indicating strong economic health.
• Median house value: $473,600, reflecting a high-value real estate market.
• Median rent: $1,810, suggesting robust demand for rental properties.
• Racial composition: 88.19% White, 1.3% Black, 3.91% Asian, 3.42% Hispanic.

What This Means for You

For homebuyers, ZIP 37934 offers a premium living experience with a median home value of $473,600. The high median income of $135,472 suggests neighbors with financial stability, often correlating with well-maintained properties and strong community resources. However, be prepared for competitive pricing and a higher cost of entry.

For real estate investors and agents, the slight surplus of housing units (10,702 total vs. 10,570 households) hints at potential opportunities for flipping or renting properties. The median rent of $1,810 also indicates a lucrative rental market, especially for families or professionals drawn to the area’s economic strength.

For small-business owners, the affluent demographic with a median income over $135,000 presents a customer base with disposable income. Retail, dining, or service-based businesses catering to a predominantly White, suburban population could thrive, though niche offerings for smaller demographic groups might also find a receptive audience.

For analysts, the data underscores a stable, high-income community with limited diversity. This could inform studies on economic trends, housing demand, or community planning in suburban Knoxville areas like ZIP 37934.

Run This Study Yourself

• Want to dive deeper into ZIP 37934 or compare it with other areas? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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• Use the insights to make informed decisions, whether you’re buying a home, investing, or planning a business venture.