Census Bureau data for Farragut town from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Farragut town
- What is the median household income in Farragut town?
- The median household income in Farragut town is $142,402 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Farragut town?
- The poverty rate in Farragut town is 1.7% (U.S. Census Bureau ACS 2023).
- What is the median home value in Farragut town?
- $513,100 (U.S. Census Bureau ACS 2023).
- What is the average rent in Farragut town?
- The median gross rent in Farragut town is $1,691 per month (U.S. Census Bureau ACS 2023).
- What percentage of Farragut town residents have a college degree?
- 65.1% of adults in Farragut town hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
24,309
Median Income
$142,402
Median Home Value
$513,100
Poverty Rate
1.7%
Unemployment (ACS 2023)
2.5%
Median Age
45.0 yrs
Since 2019
Median Income:
+$33,891 (+31.2%)
Home Value:
+$142,700 (+38.5%)
Poverty Rate:
-0.9 pp (-34.6%)
Bachelor's+:
+0.2 pp (+0.3%)
Unemployment:
+0.6 pp (+31.6%)
Demographics
Total Population
24,309
Median Age
45.0
Female
51.3%
Race & Ethnicity
Hispanic or Latino 3.2%
White (non-Hisp.) 89.2%
Black 0.9%
Asian 4.0%
Two or More 4.1%
Other 0.2%
Asian Subgroups (% of total pop.)
Chinese
1.7%
Indian
1.1%
Filipino
0.3%
Korean
0.3%
Vietnamese
0.1%
Japanese
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
1.5%
Cuban
0.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$142,402
±$8,307
+$75,305 vs. state
Per Capita Income
$195,536
Median Family Income
$163,216
Poverty Rate
1.7%
-8.2 pp vs. state
Child Poverty Rate
1.2%
Working-Age Poverty Rate
—
SNAP Recipients
0.1%
Social Security Income
—
Retirement Income
32.3%
Household Income Distribution
< $10k
1.6%
$10–15k
0.9%
$15–25k
1.6%
$25–35k
2.9%
$35–50k
5.2%
$50–75k
8.9%
$75–100k
10.8%
$100–150k
21.3%
$150–200k
13.6%
$200k+
33.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
9,104
Owner-Occupied
85.3%
Renter-Occupied
14.7%
Vacancy Rate
1.3%
Median Home Value
$513,100
+$256,300 vs. state
Median Gross Rent
$1,691
Owner Cost Burden (30%+)
13.7%
Renter Cost Burden (30%+)
23.0%
Home Value Distribution
< $50k
1.0%
$50–100k
0.6%
$100–200k
1.4%
$200–300k
11.1%
$300–500k
30.8%
$500k–$1M
45.1%
$1M+
6.5%
Gross Rent Distribution
< $500
0.9%
$500–1k
2.2%
$1–1.5k
36.6%
$1.5–2k
27.0%
$2–2.5k
23.4%
$2.5–3.5k
4.6%
$3.5k+
5.3%
Vehicle Availability
No vehicle
2.8%
1 vehicle
17.7%
2 vehicles
43.9%
3+
35.5%
Housing Type
Single-fam. det.
88.3%
Single-fam. att.
4.9%
2–4 units
0.3%
5–19 units
1.4%
20+ units
2.8%
Housing Age
Pre-1940
1.6%
1940–1969
0.3%
1970–1999
19.2%
2000–2009
14.9%
2010+
15.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
98.1%
Bachelor's or Higher
65.1%
+34.7 pp vs. state
Graduate Degree
27.1%
Some College / Associate
12.4%
Less Than High School
0.4%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
63.5%
Unemployment Rate
2.5%
-2.2 pp vs. state
Work from Home
21.4%
Self-Employed
4.8%
Government Workers
12.4%
Private For-Profit
82.8%
Industry
Edu/Health
20.7%
Prof. Services
18.9%
Retail
14.6%
Finance
10.0%
Manufacturing
8.9%
Arts/Entmt.
7.0%
Construction
5.8%
Transportation
4.4%
Wholesale
3.5%
Public Admin
3.3%
Information
0.5%
Agriculture
0.1%
Occupation
Management
58.3%
Sales
24.1%
Food Prep
10.1%
Production
3.8%
Construction
3.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
21.8 min
Drove Alone
73.0%
Carpool
3.5%
Public Transit
0.0%
Work from Home
21.4%
Walked
0.6%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
8,987
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
69.4%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
25.5%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
3.8%
5–9
4.5%
10–14
8.1%
15–19
8.2%
20–24
5.3%
25–34
6.2%
35–44
12.6%
45–54
16.6%
55–64
5.6%
65–74
7.4%
75–84
13.1%
85+
6.3%
Under 18: 21.8%
Working age (18–64): 78.2%
65 and over: 21.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
7.1%
Naturalized Citizen
74.7%
Speaks English Less Than Very Well
1.4%
Foreign-Born Origin
Asia
53.7%
Europe
24.5%
Latin America
14.8%
Africa
4.5%
Veterans & Disability
Veteran
8.1%
With a Disability
9.2%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
97.2%
Uninsured
2.8%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
95.5%
Has a Computer
97.9%
Same House 1 Year Ago
89.8%
Moved from Abroad
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023