Living in Alcoa, Tennessee
Cost of living, income, home prices, rent and demographics of Alcoa · Census data 2020–2024
Alcoa has 12,222 residents with a median age of 35.6. The median household income is $65,714 (6% lower than the Tennessee median), the median home value is $277,100, the median rent is $1,282/month.
Alcoa at a glance
- Population
- 12,222
- Median age
- 35.6State: 38.9
- Median household income
- $65,714State: $69,595
- Median home value
- $277,100State: $286,700
- Median rent
- $1,282/moState: $1,189
- Homeowners
- 66.6%
- Bachelor's degree or higher
- 34.1%
- Average commute
- 24 min
Is Alcoa a good place to live?
Pros: Home values 3% lower than the state median; an average commute of 24 minutes; unemployment of 2%; a poverty rate of 12.9%.
Cons: Median household income 6% lower than the Tennessee median.
The weather is best in April–May and September–October.
Cost of living in Alcoa
Housing is the biggest part of the cost of living. In Alcoa the median home value is $277,100, 17% lower than the U.S. median. Renters pay a median of $1,282 per month, which is 29.2% of household income. Homeowners with a mortgage pay $1,309 a month in housing costs.
Alcoa median household income
The median household income in Alcoa is $65,714 and the income per person is $40,886. 12.9% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Alcoa: homes for sale and rent
- Housing units
- 5,641
- Owner-occupied
- 66.6%
- Renter-occupied
- 33.4%
- Vacant
- 11.4%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 2.44
Alcoa demographics
- Population
- 12,222
- Median age
- 35.6
- Under 18
- 22.2%
- 65 and older
- 18.6%
- Households
- 5,000
- Foreign-born
- 9.9%
- Veterans
- 5.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Alcoa ›
Education in Alcoa
34.1% of adults 25 and older in Alcoa have a bachelor's degree or higher (Tennessee: 31.1%), and 11.3% have a graduate or professional degree.
Jobs and commute in Alcoa
- Unemployment rate
- 2%State: 4.7%
- Average commute
- 24 minState: 26 min
- Work from home
- 9.2%
- Drive alone
- 72.5%
- Public transit
- 0.2%
- Walk to work
- 0%
- Homes with broadband
- 91.9%
Alcoa vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Alcoa | 12,222 | $65,714 | $277,100 | $1,282 |
| Rockford | 824 | $71,094 | $283,500 | $965 |
| Eagleton Village | 5,598 | $71,875 | $197,700 | $1,124 |
| Maryville | 32,392 | $81,963 | $358,100 | $1,157 |
| Louisville | 4,383 | $89,744 | $379,900 | $950 |
| Wildwood | 968 | $87,083 | $212,200 | $1,665 |
| Friendsville | 980 | $69,063 | $217,800 | $1,357 |
| Walland | 377 | $63,906 | $271,100 | — |
| Knoxville | 195,185 | $54,039 | $239,700 | $1,191 |
More for people moving to Alcoa
Alcoa ZIP code ›Weather and climate ›Living in Alcoa: FAQ
What is the median household income in Alcoa, TN?
The median household income in Alcoa is $65,714, 6% lower than the Tennessee median of $69,595 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Alcoa?
The median home value in Alcoa is $277,100, compared with $286,700 in Tennessee.
How much is rent in Alcoa?
The median gross rent in Alcoa is $1,282 per month, about 29.2% of household income.
Is Alcoa, TN a good place to live?
Pluses: home values 3% lower than the state median; an average commute of 24 minutes; unemployment of 2%; a poverty rate of 12.9%. Minuses: median household income 6% lower than the Tennessee median.
What is the median age in Alcoa?
The median age in Alcoa is 35.6 years (Tennessee: 38.9).
How long is the commute in Alcoa?
The average commute to work in Alcoa is 24 minutes; 9.2% of workers work from home.
What is the unemployment rate in Alcoa?
The unemployment rate in Alcoa is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Alcoa?
34.1% of adults in Alcoa have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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