Living in Powell, Tennessee
Cost of living, income, home prices, rent and demographics of Powell · Census data 2020–2024
Powell has 13,739 residents with a median age of 37.5. The median household income is $82,434 (18% higher than the Tennessee median), the median home value is $299,400, the median rent is $1,276/month.
Powell at a glance
- Population
- 13,739
- Median age
- 37.5State: 38.9
- Median household income
- $82,434State: $69,595
- Median home value
- $299,400State: $286,700
- Median rent
- $1,276/moState: $1,189
- Homeowners
- 78.9%
- Bachelor's degree or higher
- 30.6%
- Average commute
- 25 min
Is Powell a good place to live?
Pros: Median household income 18% higher than the Tennessee median; an average commute of 25 minutes; unemployment of 2.8%; a poverty rate of 4.1%.
Cons: Home values 4% higher than the state median.
The weather is best in May–June and September–October.
Cost of living in Powell
Housing is the biggest part of the cost of living. In Powell the median home value is $299,400, 10% lower than the U.S. median. Renters pay a median of $1,276 per month, which is 30.9% of household income. Homeowners with a mortgage pay $1,521 a month in housing costs.
Powell median household income
The median household income in Powell is $82,434 and the income per person is $37,289. 4.1% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Powell: homes for sale and rent
- Housing units
- 5,283
- Owner-occupied
- 78.9%
- Renter-occupied
- 21.1%
- Vacant
- 5.4%Includes seasonal homes
- Median year built
- 1992
- Average household size
- 2.69
Powell demographics
- Population
- 13,739
- Median age
- 37.5
- Under 18
- 22.1%
- 65 and older
- 17%
- Households
- 4,999
- Foreign-born
- 5.1%
- Veterans
- 7.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Powell ›
Education in Powell
30.6% of adults 25 and older in Powell have a bachelor's degree or higher (Tennessee: 31.1%), and 7.7% have a graduate or professional degree.
Jobs and commute in Powell
- Unemployment rate
- 2.8%State: 4.7%
- Average commute
- 25 minState: 26 min
- Work from home
- 12.3%
- Drive alone
- 77.4%
- Public transit
- 0.3%
- Walk to work
- 0.7%
- Homes with broadband
- 92%
Powell vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Powell | 13,739 | $82,434 | $299,400 | $1,276 |
| Karns | 4,115 | $100,043 | $328,600 | $1,765 |
| Halls | 10,272 | $90,933 | $321,300 | $1,178 |
| Knoxville | 195,185 | $54,039 | $239,700 | $1,191 |
| Clinton | 10,239 | $68,882 | $225,000 | $962 |
| John Sevier | 1,177 | $46,776 | $144,200 | $1,122 |
| Norris | 1,485 | $75,515 | $315,900 | $1,053 |
| Farragut | 24,634 | $142,093 | $583,400 | $1,966 |
| Louisville | 4,383 | $89,744 | $379,900 | $950 |
More for people moving to Powell
Powell ZIP code ›Weather and climate ›Living in Powell: FAQ
What is the median household income in Powell, TN?
The median household income in Powell is $82,434, 18% higher 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 Powell?
The median home value in Powell is $299,400, compared with $286,700 in Tennessee.
How much is rent in Powell?
The median gross rent in Powell is $1,276 per month, about 30.9% of household income.
Is Powell, TN a good place to live?
Pluses: median household income 18% higher than the Tennessee median; an average commute of 25 minutes; unemployment of 2.8%; a poverty rate of 4.1%. Minuses: home values 4% higher than the state median.
What is the median age in Powell?
The median age in Powell is 37.5 years (Tennessee: 38.9).
How long is the commute in Powell?
The average commute to work in Powell is 25 minutes; 12.3% of workers work from home.
What is the unemployment rate in Powell?
The unemployment rate in Powell is 2.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Powell?
30.6% of adults in Powell 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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