31050, Knoxville, GA

The 31050 zip code of Knoxville, GA has a population of around 116,000 people. The median household income in this zip code is $60,000 which is lower than the national median household income of $59,445. However, the median home value in this zip code is $183,500 which is higher than the national median home value of $161,200. This indicates that there are more homes in this zip code that are worth more than the average American home.

One reason why there are more homes in this zip code that are worth more than the average American home may be because Knoxville is a college town. Many young adults who are starting out in their careers choose to live in Knoxville because it has a high quality of life and many amenities that they may want or need. Additionally, many families who live in this area have been able to afford to buy homes because their incomes have increased over time rather than having to take on large amounts of debt to purchase a home.

Another reason why there may be more homes in this zip code that are worth more than the average American home is because Knoxville has a low unemployment rate and good economy. This means that people who live here can afford to buy homes even if their incomes aren't as high as they would like them to be. Additionally, since housing prices have been increasing faster here than elsewhere in America over the past few years, people who live here can afford to buy homes even if their incomes haven't increased as much as they would like them too.