Median home value is about $321,000 — about 8% below the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $712 (about 39% below the U.S. median rent ($1,163)), and owner-occupancy near 90.3% (about 24.8 points above the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 31050 in Knoxville, GA, a household would need roughly $88,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,062. That is about 79% above the local median household income ($49,096), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.