CENSUS TRACT
Census Tract 55.01
Tennessee · Knox County · 2,850 residents · 8.857 sq mi
Notable rankings
#8highest rent burden in TN#738 US88.9%TRACT SHAPE · Knox County, TN
The short version
Census Tract 55.01 has lower-than-average household income, with a median household income of $72,264. Population has grown 18% since 2020. Median home value has risen by half since 2020, reaching $245,200.
At a glance
Lower income
below the US median
US median: $82,259
Mid-age
median age 40.7
US median: 38.9
Average education
31% hold a bachelor's degree
US average: 36%
Less affordable
home values up 37%, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
2,850
+18%since 2020
from 2,418 in 2020
2020 – 2024
Population density
322 / sq mi
+18%since 2020
from 273 / sq mi in 2020
US average: 281
Median age
40.7
−12%since 2020
from 46.1 in 2020
US average: 38.9
Population, 2020 – 2024
20243K
Section 02
Income & economy
Median household income
$72,264
+11%inflation adjusted, since 2020
from $53,933 in 2020
US average: $82,259
2020 – 2024
Per capita income
$33,953
+26%since 2020
from $26,852 in 2020
US average: $44,673
Households earning $100K+
49.0%
+27.4 ptssince 2020
from 21.5% in 2020
US average: 53.3%
Poverty rate
8.2%
−1.5 ptssince 2020
from 9.7% in 2020
US average: 12.5%
Income inequality (Gini)
0.400
+8%since 2020
from 0.371 in 2020
US average: 0.476
Workforce by industry, 2024
Information16.1%
Retail trade11%
Other services8.6%
Public administration8.6%
Wholesale trade7.5%
Transportation & warehousing6.3%
Finance & insurance3.6%
Professional, scientific, technical2.4%
Education & health services1.2%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
Arts, entertainment, food0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$245,200
+37%inflation adjusted, since 2020
from $148,100 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,283
+23%inflation adjusted, since 2020
from $861 in 2020
US average: $1,442
Owner-occupied
92.0%
+12.4 ptssince 2020
from 79.5% in 2020
8.0% rent
Vacancy rate
4.9%
−0.9 ptssince 2020
from 5.8% in 2020
US average: 10.0%
Owner cost-burdened
16.7%
+1.1 ptssince 2020
from 15.5% in 2020
US average: 22.9%
Renter cost-burdened
88.9%
+84.9 ptssince 2020
from 4.0% in 2020
US average: 47.4%
Afford Score
3.4
+24%since 2020
from 2.7 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 55.01 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic93.3%(2,255)
Black2.2%(53)
Hispanic / Latino3.5%(85)
Asian0%(0)
Other1%(25)
Diversity Score16.1%(388)
2024
White, non-Hispanic83.5%(2,381)
Black6%(171)
Hispanic / Latino6%(172)
Asian0.3%(9)
Other4.1%(117)
Diversity Score36.6%(1,044)
Diversity Score
37
+128%since 2020
from 16 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
31.3%
+12.2 ptssince 2020
from 19.1% in 2020
US average: 35.6%
High school or higher
93.6%
+7.4 ptssince 2020
from 86.2% in 2020
US average: 89.6%
Graduate degree
8.3%
+2.0 ptssince 2020
from 6.3% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
24.8 min
−17%since 2020
from 29.7 min in 2020
US average: 26.5
Drive alone to work
77.9%
−7.2 ptssince 2020
from 85.1% in 2020
US average: 68.9%
Carpooled to work
4.7%
−5.6 ptssince 2020
from 10.3% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
13.7%
+10.7 ptssince 2020
from 3.1% in 2020
US average: 15.0%
Walked to work
3.6%
+2.1 ptssince 2020
from 1.5% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
1.0%
−0.2 ptssince 2020
from 1.2% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
8.6%
+5.5 ptssince 2020
from 3.1% in 2020
US average: 5.2%
Labor force participation
64.4%
+2.6 ptssince 2020
from 61.8% in 2020
US average: 63.5%
Self-employed
11.7%
−4.0 ptssince 2020
from 15.7% in 2020
US average: 13.1%
Management & professional
33.0%
+1.1 ptssince 2020
from 31.9% in 2020
US average: 42.5%
Section 08
People & community
Male
54.5%
+3.2 ptssince 2020
from 51.3% in 2020
Female
45.5%
−3.2 ptssince 2020
from 48.7% in 2020
Foreign born
0.2%
+0.2 ptssince 2020
from 0.0% in 2020
US average: 14.1%
Veterans
5.6%
+0.8 ptssince 2020
from 4.8% in 2020
US average: 6.2%
With a disability
14.9%
−0.8 ptssince 2020
from 15.7% in 2020
US average: 13.3%
Uninsured
8.3%
−1.5 ptssince 2020
from 9.8% in 2020
US average: 8.4%
Broadband at home
89.5%
+15.5 ptssince 2020
from 74.0% in 2020
US average: 91.0%
English only at home
96.9%
+0.9 ptssince 2020
from 96.0% in 2020
US average: 77.7%
Spanish at home
2.8%
+1.1 ptssince 2020
from 1.8% in 2020
US average: 13.6%
Drill deeper
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Places similar to Census Tract 55.01Head to head
Compare Census Tract 55.01 to nearby tracts
CENSUS TRACT 55.01 VS
Census Tract 56.03
Income$80,455+11%
Home value$289,900+18%
Population4,608+62%
SEE FULL COMPARISON →
CENSUS TRACT 55.01 VS
Census Tract 34
Income$71,089−2%
Home value$241,400−2%
Population3,794+33%
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CENSUS TRACT 55.01 VS
Census Tract 22
Income$62,358−14%
Home value$202,400−17%
Population3,907+37%
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CENSUS TRACT 55.01 VS
Census Tract 56.02
Income$80,851+12%
Home value$332,300+36%
Population4,231+48%
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Frequently asked
How many people live in this census tract?
this census tract has about 2,850 residents according to the 2024 American Community Survey.
What is the median household income in this census tract?
The typical household in this census tract earns about $72,264 a year. Half of households make more than that, and half make less.
Is this census tract expensive?
In this census tract, the median home is worth about $245,200, and the typical rent is about $1,283 a month.
How educated are people in this census tract?
About 31.3% of adults age 25 and over in this census tract hold a bachelor's degree or higher.
What is the poverty rate in this census tract?
About 8.2% of people in this census tract live below the federal poverty line.
Keep going
Explore from here
Containing area
Knox CountyOther census tracts in Knox County
Census Tract 46.06Census Tract 51Census Tract 58.13Census Tract 57.04Census Tract 61.04Census Tract 59.07Census Tract 49Census Tract 62.06Census Tract 60.02Census Tract 46.07Census Tract 57.11Census Tract 59.12Census Tract 46.13Census Tract 60.03Census Tract 58.08Census Tract 59.08DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024