Income & Economy in Knoxville city, TN (37923)
Median Income
$70,046
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,095
Wealth inflow
Population
30,874
Unemployment
4.5%
0.8pp above US avg
IRS migration statistics show a net inflow of about 1,095 for ZIP 37923 (Knoxville city, TN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 37923 (2020–Present)
Since 2020, population declined 2.1%, median income fell 9.6% (inflation-adjusted), home values increased 15.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $70,046 |
| Unemployment | 4.5% |
| Establishments | 897 |
| Employees | 16,570 |