Family of four estimated monthly costs are 3,201$ without rent. A single person estimated monthly costs are 909$ without rent. Knoxville is 36.60% less expensive than New York (without rent).
What salary do you need to live in Knoxville TN?
Typical Expenses
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 1 Child | |
| Required annual income after taxes | $26,699 | $50,124 |
| Annual taxes | $4,328 | $8,126 |
| Required annual income before taxes | $31,027 | $58,250 |
What is a good salary in Knoxville TN?
The average salary in Knoxville is $45,990. A good hourly wage in Knoxville is $18.75 per hour. That works out to a good weekly wage of $750 per week and a good monthly wage of $3,250 per month. However, using the median income is only one way to calculate a good salary in Knoxville.
Is it expensive to live in Knoxville?
With a cost-of-living index of 86/100, Knoxville is definitely an affordable city. In fact, none of the significant cost indexes here are over the national average, which is fantastic. The average family in Knoxville will save on groceries, utilities, transportation, and healthcare.
Why is rent so high in Knoxville TN?
The total amount of rental units in Knoxville is around 8,300. That lack of availability allows landlords and apartment managers to raise the price of rent, which maximizes their profit. With the competitive nature of the market, some renters are willing to pay the price.
What is a comfortable salary in Knoxville TN?
How much does a Comfortable make in Knoxville, Tennessee? As of Jul 31, 2022, the average annual pay for the Comfortable jobs category in Knoxville is $38,156 a year. Just in case you need a simple salary calculator, that works out to be approximately $18.34 an hour. This is the equivalent of $734/week or $3,180/month.
What is a good salary for a single person in Tennessee?
While ZipRecruiter is seeing salaries as high as $74,467 and as low as $15,187, the majority of salaries within the Person jobs category currently range between $25,475 (25th percentile) to $39,683 (75th percentile) with top earners (90th percentile) making $54,870 annually in Tennessee.
How much do you need to make to live comfortably in Tennessee?
Typical Expenses
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 3 Children | |
| Required annual income after taxes | $27,652 | $83,941 |
| Annual taxes | $4,483 | $13,608 |
| Required annual income before taxes | $32,135 | $97,549 |
What is a good salary in Tennessee?
As of Jul 31, 2022, the average annual pay for the Comfortable jobs category in Tennessee is $42,058 a year. Just in case you need a simple salary calculator, that works out to be approximately $20.22 an hour. This is the equivalent of $809/week or $3,505/month.
What is the average pay in Tennessee?
$47,737
Hourly Rate Salary in Tennessee
| Annual Salary | Weekly Pay | |
|---|---|---|
| Top Earners | $81,325 | $1,563 |
| 75th Percentile | $49,971 | $960 |
| Average | $47,737 | $918 |
| 25th Percentile | $28,904 | $555 |
What is the best area to live in Knoxville TN?
Here are some of the best neighborhoods in Knoxville if you are considering moving to Eastern Tennessee.
- Downtown Knoxville. One of the best neighborhoods in Knoxville is the city center itself.
- Farragut.
- Oak Ridge.
- Maryville.
- Alcoa.
- Seymour.
- Norris.
- Work With the Top Realtors in Knoxville.
Is Knoxville safe to live?
Knoxville has one of the highest crime rates in America and there is a chance of becoming a victim of either violent or property crime there.
What is the best area to live in Tennessee?
Brentwood
Niche.com ranked it the #1 Best Place to Live in Tennessee in 2017, and this Nashville suburb located in Williamson County was named by Money Magazine as the #21 Best Place to Live in America in 2017. The affluent suburb is renowned for its verdure and rolling hills.
Is Knoxville up and coming?
Knoxville, Tennessee is widely regarded as one of the most popular up-and-coming cities in the Southeastern United States. Excellent local music, food, and sports along with a strong economy and housing prices below the national average make this city an attractive location for home-buyers of every stripe.
Why is Knoxville real estate so expensive?
Low inventory, low mortgage rates, and high demand are driving up home prices to record-breaking levels in the Tennessee city just outside the Great Smoky Mountains National Park.
How is living in Knoxville?
Knoxville scores high in value
Knoxville’s scored best in the value category with a 7.4. “Residents enjoy a cost of living that’s lower than the national average, which is reflected in reasonable housing, utility and transportation costs,” according to the report.
How much is a gallon of milk in Knoxville?
A gallon of milk in Knoxville ranges $3.20-$4.00, depending on brand and market location.
How much are utilities Knoxville?
Knoxville households pay an average monthly utility bill of $168.19 to cover gas, fuel, electricity, and water. Learn more about the estimated utility costs per city! This rate doesn’t include services like Wi-Fi and cell coverage, so be sure to set aside around $185.84 per month to cover those costs in Knoxville.
What is it like living in Farragut TN?
Farragut is in Knox County and is one of the best places to live in Tennessee. Living in Farragut offers residents a rural feel and most residents own their homes. Many retirees live in Farragut and residents tend to lean conservative. The public schools in Farragut are highly rated.
What income is considered upper class in Tennessee?
The average income of the top 20% comes in at $172,622. For the top 5%, the average income is $335,653. In Music City, the lowest income to be considered “rich” (Top 20%) is $115,609. The average income of the top 20% comes in at $212,201.
How much money does a teacher make in Tennessee?
Tennessee is ranked No. 42 for public teacher salary with an average of $52,871 in the 2020-2021 school year, the report said.