The name itself is derived from the Irish Cnoc an Fhómhair, or Cnoc an Óir, which translates as "The Hill of Autumn/Gold", an ode to the many yellow furze bushes which once were plentiful in the area. Today, the village and the surrounding parish serves agricultural purposes primarily and a significant percentage of local families have some connection with agriculture in Knockanore. It is a very ancient parish, being formerly known as the parishes of Kilcockan, Kilwatermoy and Templemichael. Knockanore is also situated on a designated scenic routeway.
According to the 2006 census of population, there are altogether 890 persons living in the total area that the united parishes cover. Areas such as Kilcockan (incorporating the village of Knockanore also) and Kilwatermoy West have decreased in population very slightly since 2002, while areas like Templemichael/Glendine and Kilwatermoy East have seen a slight population increase since 2002. Population distribution is represented mainly by scattered settlement, given the rural nature of the area.
The village itself is officially located within one linear mile, reaching from the townland of Kilcockan to the south to just above the hub of the village itself, on the northern side. Local facilities include a public house 'The Shamrock Inn,' a post office, a Catholic church and a national school. Currently a community hall exists beside the school and was officially opened on 15 May 2009. It caters for various community functions and events, as well as private school assemblies and games.