ZIP Code 37940 — undefined, undefined Demographics & Data

ZIP code 37940 covers ZIP 37940 with a population of about 3,425.

At a glance, the area shows median age of 34.9 versus a U.S. median of about 38.9.

It sits in the KNOXVILLE media market.

Median household income in ZIP 37940 is about $45,075 — about 40% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 16.2%; unemployment rate near 5.0%; 39.6% of adults with a bachelor’s degree or higher (about 5.9 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Retail trade, Food services, and Healthcare; about 13.0% of workers reporting work-from-home (about 2.2 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $214,600 — about 38% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $834 (about 28% below the U.S. median rent ($1,163)), and owner-occupancy near 43.8% (about 21.7 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 37940, a household would need roughly $59,000 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 $1,379. That is about 31% above the local median household income ($45,075), 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.