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CITY · 2020 ACS

Farragut

Tennessee · 23,506 residents · 15.978 sq mi
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The short version

Farragut is significantly wealthier than the US average, with a median household income of $109,156. Population has grown 33% since 2000. 64% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value has more than doubled since 2000, reaching $370,900. With a median age of 46.7, the population is older than the US median of 38.8. Households here earn about 99% more than the Tennessee median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 46.7
US median: 38.8
More educated
64% hold a bachelor's degree
US average: 33%
Less affordable
home values up 29%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
23,506
+33%since 2000
from 17,720 in 2000
1990 – 2025
Population density
1,471 / sq mi
+33%since 2000
from 1,109 / sq mi in 2000
US average: 280
Median age
46.7
+12%since 2000
from 41.8 in 2000
US average: 38.8
Population, 1990 – 2024
12K15K19K22K26K1990201020202024Farragut
202425K
1990201020202024
Section 02

Income & economy

Median household income
$109,156
−12%inflation adjusted, since 2000
from $82,726 in 2000
US average: $66,278
1990 – 2024
Per capita income
$56,116
+57%since 2000
from $35,830 in 2000
US average: $35,364
Households earning $100K+
71.8%
+9.2 ptssince 2009
from 62.6% in 2009
US average: 43.9%
Poverty rate
4.4%
+1.5 ptssince 2000
from 2.9% in 2000
US average: 12.8%
Workforce by industry, 2020
Information14%
US avg: 11.1%
Other services10%
US avg: 6.6%
Retail trade8.4%
US avg: 10%
Wholesale trade8.3%
US avg: 6.7%
Public administration7.7%
US avg: 4.7%
Finance & insurance2.8%
US avg: 5.5%
Transportation & warehousing2%
US avg: 2.5%
Arts, entertainment, food1.5%
US avg: 2%
Education & health services1.5%
US avg: 0.8%
Professional, scientific, technical1.3%
US avg: 4.7%
Agriculture, forestry, fishing0.2%
US avg: 1.7%
Manufacturing0.2%
US avg: 0.5%
Construction0%
US avg: 1.2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$370,900
+29%inflation adjusted, since 2000
from $191,400 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,245
−3%inflation adjusted, since 2000
from $852 in 2000
US average: $1,124
Owner-occupied
88.5%
−0.6 ptssince 2000
from 89.2% in 2000
11.5% rent
Afford Score
3.4
+47%since 2000
from 2.3 in 2000
1990 – 2024
RELATED:See current rent listings in Farragut on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic93.1%(16,500)
Black1.8%(314)
Hispanic / Latino1.1%(189)
Asian3.1%(558)
Other0%
Diversity Score14.5%(2,564)
2020
White, non-Hispanic83.9%(19,720)
Black1.8%(431)
Hispanic / Latino3.3%(787)
Asian7.1%(1,661)
Other2.1%(497)
Diversity Score33%(7,753)
Diversity Score
33
+128%since 2000
from 14 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
63.7%
+10.1 ptssince 2000
from 53.6% in 2000
US average: 32.9%
High school or higher
98.1%
+2.9 ptssince 2000
from 95.2% in 2000
US average: 88.5%
Graduate degree
26.6%
+4.4 ptssince 2000
from 22.2% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
21.7 min
+52%since 2000
from 14.3 min in 2000
US average: 26.9
Drive alone to work
79.9%
−5.3 ptssince 2009
from 85.2% in 2009
US average: 75.1%
No vehicle available
3.8%
+2.3 ptssince 2009
from 1.5% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.1%
−2.2 ptssince 2011
from 4.3% in 2011
US average: 5.4%
Labor force participation
59.8%
−2.1 ptssince 2011
from 61.9% in 2011
US average: 63.4%
Management & professional
60.4%
−16.8 ptssince 2009
from 77.2% in 2009
US average: 39.3%
Section 08

People & community

Male
48.3%
−0.4 ptssince 2009
from 48.7% in 2009
Female
51.7%
+0.4 ptssince 2009
from 51.3% in 2009
Foreign born
8.0%
+2.0 ptssince 2009
from 6.1% in 2009
US average: 13.5%
Uninsured
3.2%
−92.4 ptssince 2013
from 95.6% in 2013
US average: 8.8%
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FARRAGUT VS
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FARRAGUT VS
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FARRAGUT VS
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Frequently asked

How many people live in Farragut, Tennessee?

Farragut, Tennessee has about 23,506 residents according to the 2020 American Community Survey.

What is the median household income in Farragut, Tennessee?

The typical household in Farragut, Tennessee earns about $109,156 a year. Half of households make more than that, and half make less.

Is Farragut, Tennessee expensive?

In Farragut, Tennessee, the median home is worth about $370,900, and the typical rent is about $1,245 a month.

How educated are people in Farragut, Tennessee?

About 63.7% of adults age 25 and over in Farragut, Tennessee hold a bachelor's degree or higher.

What is the poverty rate in Farragut, Tennessee?

About 4.4% of people in Farragut, Tennessee live below the federal poverty line.

Has Farragut, Tennessee grown since 1990?

Yes, Farragut, Tennessee has grown since 1990. The population has added about 10,702 residents, a change of about 84 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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