Farragut is a city in Tennessee state in USA with a population of 23110 residents.. The poverty rate of Farragut is 4.4%, which is 69% lower than national average. The typical household in Farragut earns $109156 a year, compared to the national median of $67,500. Nearly 18% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Farragut, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Farragut remained 2.1%, which is 55% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Farragut, only 64% of adults have a bachelor's degree and 22% have some college but no degree.

Cost of living in Farragut is 112, which is 12% higher than national average. Median home value in Farragut is $370900 , which is 61% higher than national average. While median income in Farragut remained $109156, which is 62% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.