Life in Farragut research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Farragut over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Farragut:
The population in Farragut is 24,309.
The median home value in Farragut is $682,121.
The median income in Farragut is $142,402.
The cost of living in Farragut is 119 which is 1.2x higher than the national average.
The median rent in Farragut is $1,691.
The unemployment rate in Farragut is 2.5%.
The poverty rate in Farragut is 2.9%.
The average high in Farragut is 68.5° and the average low is 47.2°.
Cost of living in Farragut summary. We use data on the cost of living to determine how expensive it is to live in Farragut. Real estate prices drive most of the variance in cost of living around Tennessee. Key points include:
The cost of living in Farragut is 119 with 100 being average.
The cost of living in Farragut is 1.2x higher than the national average.
The median home value in Farragut is $682,121.
The median income in Farragut is $142,402.
| Living Expense | Farragut | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 119 | 90 | 100 | |
| Services | 91 | 93 | 100 | |
| Groceries | 101 | 99 | 100 | |
| Health | 90 | 87 | 100 | |
| Housing | 181 | 81 | 100 | |
| Transportation | 90 | 89 | 100 | |
| Utilities | 92 | 95 | 100 | |
The average high in Farragut is 68.5° and the average low is 47.2°.
There are 87.6 days of precipitation each year.
Expect an average of 48.9 inches of precipitation each year with 6.2 inches of snow.
| Stat | Farragut |
|---|---|
| Average Annual High | 68.5 |
| Average Annual Low | 47.2 |
| Annual Precipitation Days | 87.6 |
| Average Annual Precipitation | 48.9 |
| Average Annual Snowfall | 6.2 |
The current population in Farragut is 24,309. The population has increased 20.6% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 24,309 | 2.2% |
| 2022 | 23,795 | 1.7% |
| 2021 | 23,388 | 1.2% |
| 2020 | 23,110 | 2.1% |
| 2019 | 22,631 | 1.7% |
| 2018 | 22,260 | 1.3% |
| 2017 | 21,975 | 1.3% |
| 2016 | 21,690 | 1.5% |
| 2015 | 21,374 | 1.2% |
| 2014 | 21,111 | 0.9% |
| 2013 | 20,913 | 1.1% |
| 2012 | 20,688 | 1.2% |
| 2011 | 20,448 | 1.5% |
| 2010 | 20,154 | - |
89.2% White with 21,682 White residents.
0.9% African American with 221 African American residents.
0.1% American Indian with 15 American Indian residents.
4.0% Asian with 975 Asian residents.
0.2% Hawaiian with 54 Hawaiian residents.
0.1% Other with 19 Other residents.
2.3% Two Or More with 563 Two Or More residents.
3.2% Hispanic with 780 Hispanic residents.
| Race | Farragut | TN | USA |
|---|---|---|---|
| White | 89.2% | 71.5% | 58.2% |
| African American | 0.9% | 15.7% | 12.0% |
| American Indian | 0.1% | 0.1% | 0.5% |
| Asian | 4.0% | 1.8% | 5.7% |
| Hawaiian | 0.2% | 0.1% | 0.2% |
| Other | 0.1% | 0.4% | 0.5% |
| Two Or More | 2.3% | 3.3% | 3.9% |
| Hispanic | 3.2% | 7.1% | 19.0% |
Farragut is 51.3% female with 12,475 female residents.
Farragut is 48.7% male with 11,833 male residents.
| Gender | Farragut | TN | USA |
|---|---|---|---|
| Female | 51.3% | 50.9% | 50.5% |
| Male | 48.7% | 49.1% | 49.5% |
0.0% of adults in Farragut completed < 9th grade.
2.0% of adults in Farragut completed 9-12th grade.
11.0% of adults in Farragut completed high school / ged.
12.0% of adults in Farragut completed some college.
10.0% of adults in Farragut completed associate's degree.
38.0% of adults in Farragut completed bachelor's degree.
17.0% of adults in Farragut completed master's degree.
5.0% of adults in Farragut completed professional degree.
5.0% of adults in Farragut completed doctorate degree.
| Education | Farragut | TN | USA |
|---|---|---|---|
| < 9th Grade | 0.0% | 4.0% | 5.0% |
| 9-12th Grade | 2.0% | 7.0% | 6.0% |
| High School / GED | 11.0% | 31.0% | 26.0% |
| Some College | 12.0% | 20.0% | 19.0% |
| Associate's Degree | 10.0% | 8.0% | 9.0% |
| Bachelor's Degree | 38.0% | 19.0% | 21.0% |
| Master's Degree | 17.0% | 8.0% | 10.0% |
| Professional Degree | 5.0% | 2.0% | 2.0% |
| Doctorate Degree | 5.0% | 1.0% | 2.0% |
1.6% of households in Farragut earn Less than $10,000.
0.9% of households in Farragut earn $10,000 to $14,999.
1.6% of households in Farragut earn $15,000 to $24,999.
2.9% of households in Farragut earn $25,000 to $34,999.
5.2% of households in Farragut earn $35,000 to $49,999.
8.9% of households in Farragut earn $50,000 to $74,999.
10.8% of households in Farragut earn $75,000 to $99,999.
21.3% of households in Farragut earn $100,000 to $149,999.
13.6% of households in Farragut earn $150,000 to $199,999.
33.2% of households in Farragut earn $200,000 or more.
| Income | Farragut | TN | USA |
|---|---|---|---|
| Less than $10,000 | 1.6% | 5.2% | 4.9% |
| $10,000 to $14,999 | 0.9% | 4.2% | 3.6% |
| $15,000 to $24,999 | 1.6% | 7.8% | 6.6% |
| $25,000 to $34,999 | 2.9% | 7.9% | 6.8% |
| $35,000 to $49,999 | 5.2% | 12.4% | 10.4% |
| $50,000 to $74,999 | 8.9% | 17.4% | 15.7% |
| $75,000 to $99,999 | 10.8% | 13.2% | 12.7% |
| $100,000 to $149,999 | 21.3% | 16.4% | 17.4% |
| $150,000 to $199,999 | 13.6% | 7.1% | 9.3% |
| $200,000 or more | 33.2% | 8.3% | 12.6% |