Pros and Cons of Living In Farragut, Tennessee. Is Farragut, TN a Nice Place To Live or Retire?

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Farragut, Tennessee

Moving to Farragut In Tennessee ? Is Farragut, TN a Nice Place To Live? Pros and Cons of Living in Farragut, Tennessee. Find out the best and worst about to live, raise a family or retire in Farragut.

Farragut is a suburban town located in Knox and Loudon counties in the State of Tennessee, United States. The town's population was 23,506 at the 2020 census. It is included in the Knoxville Metropolitan Area. The town is named in honor of Union Admiral David Farragut, who was born just east of Farragut at Campbell's Station in 1801, and fought in the American Civil War.

DEMOGRAPHICS

Population
23110
Unemployment
2.1%
55% NAT AVG.
Poverty
4.4%
69% NAT AVG.
Cost Of Living
112
12% NAT AVG.

ECONOMICS

Median Home Cost
$370900
61% NAT AVG.
Median Income
$109156
62% NAT AVG.
Median Rent
$1245
7% NAT AVG.
Overall Score
7.5

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 23
Unemployed People
1 in 48
People Earning < $10,000
1 in 43
People Earning < $50,000
18%
People With Any Degree
1 in 1.4

ETHNICITY

Ethnicity Farragut USA
White 88% 60.1%
African American 0.7% 12.2%
American Indian 0.1% 0.6%
Asian 6.8% 5.6%
Hawaiian 0% 0.2%
Multiracial 2% 2.8%
Hispanic 2.4% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Farragut USA
Less than $10,000 2.3% 5.8%
$10,000 to $14,999 1.9% 4.1%
$15,000 to $24,999 2.7% 8.5%
$25,000 to $34,999 3.9% 8.6%
$35,000 to $49,999 7.2% 12.0%
$50,000 to $74,999 10.2% 17.2%
$75,000 to $99,999 15% 12.8%
$100,000 to $149,999 23.2% 15.6%
$150,000 to $199,999 11.7% 7.1%

EDUCATION

Education Farragut USA
< 9th Grade 1% 5.0%
9-12th Grade 1% 7.0%
High School or GED 12% 27.0%
Other College 14% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 37% 20.0%
Master's Degree 17% 9.0%
Professional Degree 6% 2.0%
Doctorate Degree 4% 1.0%
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. The unemployment rate of Farragut remained 2.1%, which is 55% lower than national rate.

Cost of living in Farragut is 112, which is 12% higher than national average. In Farragut, only 64% of adults have a bachelor's degree and 22% have some college but no degree. 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.
Farragut Scorecard

Jobs90%

Housing90%

Affordability80%

Safety85%

Amenities85%

Diversity60%

Education95%

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