01
Leasing 1,200 sq ft at $20/sq ft prices in 5.6x average incomes—plan menus and merchandising accordingly.
Precision Location Data
Best Business Location in Knoxville
Knoxville offers 879,000 metro customers, $51,000 average income, and moderate commercial activity—ideal conditions for data-led site selection.
Population base of 0.9M. Income benchmark: $51,000.
61 readiness score (B)
879,000 metro residents
$51,000 average income
879K
Metro Population
$51K
Avg Income
Moderate
Business Density
5
Major Industries
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Our location intelligence platform analyzes Knoxville's commercial landscape. Explore the map to identify high-potential streets with demand-supply gaps.
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Knoxville, United States
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✓ Competitor map
✓ Foot traffic data
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Competitor Locations
Opportunity Zones
High Traffic Areas
879,000 potential customers in metro area
500+ businesses helped
Real-time market data
AI-powered recommendations
Knoxville Business Environment
Market Insights
- Population base of 0.9M. Income benchmark: $51,000.
- Commercial space at $20/sqft; local earnings at $51K. Ratio: 2.1x.
- $20/sqft gets you 69/100 foot traffic. Calculate your customer acquisition cost.
- Metro size (0.9M) combined with 69 traffic index shapes accessibility.
- Market expanding (High). Competition intensity: Moderate.
- $20/sqft commercial rent. Cost advantage for emerging concepts.
- Education and Healthcare anchor the economy. Workers earn $51K.
- Located in Tennessee, United States with USD currency
Top Industries
Education
Healthcare
Manufacturing
Energy
Tourism
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Knoxville Neighborhood Analysis
Discover the best neighborhoods for your business type in Knoxville
Knoxville offers a mix of commercial settings including the central business district, neighborhood retail corridors, and emerging development areas—each with unique rent-to-traffic dynamics
In Knoxville, balancing rent costs with customer accessibility is critical—many thriving businesses find sweet spots in secondary corridors near major thoroughfares
Extended metro area provides 4.6x population reach beyond city limits, supporting suburban expansion strategies
Downtown/City Center
- • Highest foot traffic density
- • Premium rental costs
- • Best for retail & restaurants
- • Excellent public transport access
Business Districts
- • High concentration of offices
- • Ideal for B2B services
- • Strong weekday traffic
- • Growing food & beverage demand
Suburban Areas
- • Lower rental costs
- • Family-oriented demographics
- • Ample parking availability
- • Good for service businesses
Emerging Areas
- • High growth potential
- • Lower competition density
- • Opportunity for early movers
- • Rising property values
Knoxville Business Readiness Score
Data-driven viability assessment
B
61
Overall Score
8
market size
12
income level
12
business activity
13
foot traffic
16
growth outlook
Best Business Types for Knoxville
Find location-specific insights for different business types in Knoxville
Restaurant in Knoxville
Analyze foot traffic patterns, demographics, and competition for restaurants
View analysis
Retail Store in Knoxville
Find high-traffic retail locations with ideal customer demographics
View analysis
Coffee Shop in Knoxville
Locate areas with morning traffic and office worker density
View analysis
Industry Synergy Opportunities in Knoxville
Top industries creating demand for specific business types
Education
Students and faculty drive consistent demand for affordable services
Best Business Types:
Coffee Shop
Restaurant
Retail Store
Healthcare
Healthcare clusters attract patients and create medical service demand
Best Business Types:
Medical Clinic
Dental Office
Pharmacy
Cost Analysis
Cost of Operations in Knoxville
Financial breakdown for a 1,500 sq ft location
Startup Investment
Basic Setup
3 months rent + basics
Standard Buildout
6 months rent + furnishing
Premium Finish
12 months rent + premium
Monthly Operating
Rent (1,500 sqft)
$30,000
Utilities & Services
$3,000
Labor (2 employees)
$4,080
Total Monthly
Break-even target
Cost Insights
Affordable rent at $20/sqft enables competitive pricing strategies
Knoxville Market Entry Timing
Data-driven signals for optimal business launch timing
48
/ 100
Moderate - Strategic Entry
With moderate saturation, Knoxville rewards operators who execute fundamentals exceptionally well. Invest in staff training, consistent quality, and local community engagement over the next 6-12 months to build sustainable advantage.
Entry Timing Factors
📈
High growth outlook - strong expansion timing
⚖️
Moderate competition - balanced market entry
Market Signals
Knoxville Insights That Guide Expansion
Each metric is generated for this city so every page tells a different story about demand, rents, and timing.
02
Pedestrian flow posts 69/100 (12% below the mean), guiding how much budget you reserve for paid acquisition.
03
The metro catchment is 4.6x larger than city limits (879,000 vs 190,000), opening suburban roll-out paths once the core site is stable.
04
Education, Healthcare, Manufacturing employers anchor daytime demand, making B2B partnerships a reliable lever.
05
Moderate competition means Knoxville's $51,000 earners aren't oversaturated—loyalty programs can gain traction faster.
FAQ
Frequently Asked Questions About Knoxville
Answers refresh based on Knoxville's live data so there's no duplicate copy across cities.
How crowded is the Knoxville market?
Knoxville's moderate competition means you're competing for share in a market of 879,000. Focus on customer retention from day one.
What growth trajectory is Knoxville on?
Knoxville carries a high growth potential rating, which shapes whether you sprint into multi-unit rollout or pace hiring.
How expensive is retail space relative to incomes in Knoxville?
A 1,200-sq-ft footprint at $20/sq ft runs roughly 5.6x the local average income ($51,000). Layer in menu engineering or ticket-size plays to offset the rent load.
Can I rely on organic foot traffic in Knoxville?
Yes—pedestrian flow scores 69/100, about 12% below the cross-market average, so plan signage and staffing around steady discovery.
How far can I scale within the Knoxville metro?
The metro area pulls 4.6x the population of city proper, so once the flagship location performs you can replicate into surrounding districts without leaving the DMA.
Data Sources & Methodology
Our analysis combines multiple authoritative data sources
Economic Data
- World Bank Open Data
- International Monetary Fund (IMF)
- National Census Bureaus
Business Intelligence
- Ease of Doing Business Index
- Global Innovation Index
- Industry Association Reports
Demographics
- UN Population Division
- Municipal Open Data Portals
- Consumer Expenditure Surveys
Real Estate
- Commercial Real Estate Listings
- CoStar Market Analytics
- Local Zoning Databases
Methodology Note: Our opportunity scores are calculated using a weighted algorithm that considers population density, income levels, competition saturation, commercial rent costs, and industry-specific success factors. Data is refreshed quarterly from authoritative sources. Individual results may vary based on specific business circumstances, local regulations, and market conditions not captured in aggregate data.
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