Apartments for rent in Alcoa, TN

The small town of Alcoa, Tennessee is home to slightly more than 9,000 residents. Retirees make up a greater percentage of the population (18%) here than nationally (14%), while young adults account for a smaller percentage of the town. Most residents own their homes in Alcoa, and 37% of residents rent. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $742 per month. Over the course of a year, renters in Alcoa will save around $1,700 compared to the state average.

Averaging about 24 minutes, Alcoa's commute time is quicker than nearly 70% of cities in Tennessee. Many residents (41%) drive themselves to work, while public transportation isn't used. A small percentage of workers commute on foot.

Workers are spread across a plethora of industries in Alcoa, the most common four of which are retail, manufacturing, entertainment, and healthcare. Together, these industries account for 25% of the workforce in the town. Meanwhile, looking at job function, many of the town's residents work in sales, making it the top field in the town. With an average annual income of around $52,000, Alcoa workers take home about $11,000 less than the average Tennessee resident. Alcoa's average income also falls below the national average of $73,345. Compared to the Tennessee average, Alcoa has a relatively large concentration of residents older than 25 who have earned an Associate's degree (6%). Furthermore, 14% have earned a Bachelor's, Master's, Professional, or Doctoral degree.