Last updated: 2024 BLS data · Page refreshed:
Farragut has a population of 24,634 with a median age of 45.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 24,634 |
| Median Age | 45.6 |
| White | 89.0% |
| Black or African American | 1.0% |
| Asian | 4.5% |
| Hispanic or Latino | 2.4% |
| Other / Two or More Races | 3.1% |
The median household income in Farragut is $142,093, which is 76.3% above the national median of $80,610. The per capita income is $68,702. The poverty rate is 3.8%.
The unemployment rate in Farragut is 2.7%, compared to the national rate of 4.1%.
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In Farragut, 98.0% of residents age 25+ have a high school diploma or higher, and 65.0% hold a bachelor's degree or higher (28.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 98.0% |
| Bachelor's Degree or Higher | 65.0% |
| Graduate or Professional Degree | 28.8% |
The median home value in Farragut is $583,400, above the national median of $303,400. The median monthly rent is $1,966. The homeownership rate is 84.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $583,400 |
| Median Monthly Rent | $1,966 |
| Homeownership Rate | 84.7% |
| Vacancy Rate | 1.2% |
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