Knoxville vs Lexington

The short version

  • Overall prices are about the same in both metro areas (BEA 2024).
  • The median home costs $239,700 in Knoxville and $293,500 in Lexington.
  • Households earn more in Lexington ($69,479 vs $54,039 median).
  • Knoxville has the warmer winter: January highs of 48°F vs 42°F.
  • Lexington gets far more snow: 15 inches a year vs 5.
  • Knoxville is growing faster: +6% since 2020 vs +2.2%.
  • Tennessee has no state income tax on wages; Kentucky's top rate is 3.5%.

Side by side

Knoxville, TNLexington, KY
People
Population (2025)202,021329,751
Growth since 2020+6%+2.2%
People per square mile2,0461,162
Median age33.535.3
Bachelor's degree or higher35%48%
Money and housing
Median household income$54,039$69,479
Median home value$239,700$293,500
Home value to income4.4×4.2×
Median rent (with utilities)$1,191$1,164
Metro price level (US = 100)92.692.9
Housing price level (US = 100)82.877.1
$75,000 elsewhere equals$69,400$69,700
Homeowners47%54%
Top state income taxNone3.5%
Combined sales tax9.61%6%
Work and commute
Average commute (minutes)20.220.9
Work from home13%12%
Take public transit1%2%
Unemployment (2020-24 avg)4.5%4.9%
Poverty rate20.2%14.9%
Weather
January high / low48° / 30°42° / 25°
July high / low88° / 69°87° / 67°
Precipitation per year52 in50 in
Snowfall per year5 in15 in
Days 90°F or hotter3725
Nights below freezing6790
Comfortable months43
Risks, air and home prices
Natural hazard risk (FEMA, county)Relatively ModerateRelatively Moderate
FEMA risk score (lower is safer)92.192.0
Good air days, 202556%73%
Home prices, past year+3.9%+6.1%
Home prices, past 5 years+63.5%+52.5%

Highlighted cells are the better value where "better" is clear (lower prices, higher income, shorter commutes). Sources: Census Bureau 2025 estimates and ACS 2020-2024, BEA 2024, NOAA 1991-2020, Tax Foundation 2026.

Weather, month by month

20°30°40°50°60°70°80°90°JanFebMarAprMayJunJulAugSepOctNovDec
Knoxville Lexington. Solid lines are average highs, dashed lines average lows (°F), NOAA 1991-2020 normals.

Most comfortable months: Knoxville: May to June and September to October. Lexington: April and September to October.

Full monthly tables: Knoxville weather by month and Lexington weather by month.

What $75,000 is worth

A $75,000 salary in an average-priced US city buys about the same as $69,400 in Knoxville and $69,700 in Lexington. Moving from Knoxville to Lexington, you would need about $75,300 to match a $75,000 salary.

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Moving between Knoxville and Lexington

48people moved from Knox County, TN to Fayette County, KY in a year
58moved the other way

IRS county-to-county migration, 2022 to 2023 tax years, for the counties that contain each city. See where else people move from Knoxville and Lexington.

Which would you pick?

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