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Demographics
Population
Median Income
Racial Distributions
Downtown Knoxville, Tennessee, currently exhibits characteristics of a Low Diversity community, with a White Majority of 82% as of 2022. The neighborhood has experienced economic growth over the past decade, with median income increasing from $24,397 in 2013 to $50,625 in 2022. This area is known for its mix of historic architecture, modern amenities, and the Sunsphere.
From 2013 to 2022, Downtown Knoxville transitioned from Moderate Diversity to Low Diversity. The White population increased from 72% to 82%, while the Black population decreased from 23% to 10%. Other minority groups remained relatively stable, with slight increases in Asian representation and minor fluctuations in Hispanic and multiracial populations.
The median income in Downtown Knoxville increased from $24,397 in 2013 to $50,625 in 2022, representing a 107% increase over nine years. The neighborhood's population grew from 2,731 in 2013 to 3,457 in 2022, a 27% increase. The increase in median income coincides with the growing White majority and decreasing minority representation.
The trends observed in Downtown Knoxville align with patterns seen in many urban centers across the United States. The rapid increase in median income, coupled with demographic shifts, suggests a gentrification process. This often involves the influx of higher-income residents and the displacement of lower-income, often minority, populations.
The population growth and economic development in Downtown Knoxville reflect a broader trend of urban core revitalization seen in many U.S. cities over the past decade. The sharp rise in median income may indicate growing income disparities within the broader Knoxville area.
Downtown Knoxville has undergone demographic and economic changes over the past decade, transitioning from a moderately diverse community to one with lower diversity and higher affluence. These shifts reflect broader urban trends but also raise questions about inclusivity and affordability in the evolving urban landscape.