Farragut, Tennessee
Moving to or Living in Farragut Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Farragut, Tennessee
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About Farragut, Tennessee
Is Farragut, Tennessee a good place to live?
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.
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.
Population
23110
Unemployment
2.1%
Poverty
4.4%
Overall Score
7.5
Median Home
$370900
61%
NAT AVG.
Median Income
$109156
62%
NAT AVG.
Median Rent
$1245
7%
NAT AVG.
Cost Of Living
112
12%
NAT AVG.
People Living BPL
1 in 23
Unemployed People
1 in 48
People Earning < $10,000
1 in 43
People Earning < $50,000
18%
People with <= High School
1 in 7.1
People With Any Degree
1 in 1.4
Pros & Cons Overview
Jobs90%
Housing90%
Affordability80%
Safety85%
Amenities85%
Diversity60%
Education95%
Commute85%
Cost of Living
Expense | Farragut | Tennessee | National Avg. |
---|---|---|---|
Services | 89 | 94 | 100 |
Groceries | 85 | 91 | 100 |
Health | 91 | 91 | 100 |
Housing | 163 | 81 | 100 |
Transportation | 88 | 86 | 100 |
Utilities | 93 | 92 | 100 |
Cost of Living
Gender
Gender | Farragut | Tennessee | Country |
---|---|---|---|
Female | 51.7% | 51.2% | 50.8% |
Male | 48.3% | 48.8% | 49.2% |
Gender
Household Income
Income | Farragut | Tennessee | Country |
---|---|---|---|
Less than $10,000 | 2.3% | 6.7% | 5.8% |
$10,000 to $14,999 | 1.9% | 4.9% | 4.1% |
$15,000 to $24,999 | 2.7% | 10% | 8.5% |
$25,000 to $34,999 | 3.9% | 10.2% | 8.6% |
$35,000 to $49,999 | 7.2% | 13.9% | 12.0% |
$50,000 to $74,999 | 10.2% | 18.4% | 17.2% |
$75,000 to $99,999 | 15% | 12.5% | 12.8% |
$100,000 to $149,999 | 23.2% | 13.3% | 15.6% |
$150,000 to $199,999 | 11.7% | 4.9% | 7.1% |
$200,000 or more | 21.9% | 5.1% | 8.3% |
Education
Education | Farragut | Tennessee | Country |
---|---|---|---|
< 9th Grade | 1% | 3% | 5.0% |
9-12th Grade | 1% | 8% | 7.0% |
High School or GED | 12% | 32% | 27.0% |
Other College | 14% | 21% | 20.0% |
Associate's Degree | 8% | 8% | 9% |
Bachelor's Degree | 37% | 18% | 20.0% |
Master's Degree | 17% | 7% | 9.0% |
Professional Degree | 6% | 2% | 2.0% |
Doctorate Degree | 4% | 1% | 1.0% |
Household Income
Education
Race / Ethnicity
Ethnicity | Farragut | Tennessee | Country |
---|---|---|---|
White | 88% | 73.4% | 60.1% |
African American | 0.7% | 16.5% | 12.2% |
American Indian | 0.1% | 0.2% | 0.6% |
Asian | 6.8% | 1.8% | 5.6% |
Hawaiian | 0% | 0.1% | 0.2% |
Other | 0% | 0.2% | 0.3% |
Multiracial | 2% | 2.3% | 2.8% |
Hispanic | 2.4% | 5.6% | 18.2% |