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Businesses for Sale | Knoxville, Tennessee

Discover business opportunities, in or around Knoxville, with well-established brands, who are looking for people like you to help them grow.

As of the 2024 ACH Map Data, Knoxville, located in The Volunteer State had a total population of 203,964 people.

Top Franchise Opportunities in Knoxville, Tennessee on Franchise.com for 2025
Order Franchise Name Industry Name Available Capital
1Computer & Internet Franchises$10,000
2Business Opportunities$30,000
3Pet Franchises$90,000
4Business Services$50,000
5Business Opportunities$100,000
6Food & Restaurant$25,000
7Financial Franchises$70,000
8Child Related Franchises$20,000
9Retail Franchises$150,000
10Home Services & Repair Franchises$85,000

City Statistics and Other Information About Knoxville

Demographics

From a total population of 203,964, Knoxville has a median age of 32. The average age of males, in Knoxville, is 30 while the average age of females is 34. When you compare the median age of men and women in Knoxville, there is an average difference of 3.87 years.

Income

The median income of individuals, in Knoxville, is $38,056 while the average household income is $54,623. In 2029, the average income per capita for Knoxville is expected to be $38,056.

Additional Information

37901 - 37999
Knox County

Is Knoxville the Best Location for Franchise Opportunities and Growth?

What is the average income in Knoxville?

The median household income in Knoxville is $54,623, providing insight into the financial conditions of local residents and their ability to support businesses.

Is Knoxville an affordable place to start a franchise?

With a median income of $54,623, Knoxville presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.

How does Knoxville's income compare to other locations?

The median income of $54,623 in Knoxville is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.

Does Knoxville have a stable workforce to support my business?

Absolutely! With 57,194 employed individuals, Knoxville offers a solid labor force to support franchise growth.

Is Knoxville a growing economy?

With a workforce of 57,194 and a median household income of $54,623, Knoxville provides an emerging economic environment for new business opportunities.

Does homeownership in Knoxville indicate a stable market?

Homeownership rates at 41,891 show a strong local investment in the community, which benefits long-term franchise success.

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