Farragut, TN

Census Place

2024 Population

24,634

US Senator

Marsha Blackburn

Republican Party

US Senator

Bill Hagerty

Republican Party

2024 Median Age

45.6

0.219% 1-year decrease

2024 Poverty Rate

3.76%

30.4% 1-year increase

2024 Median Household Income

$142,093

0.217% 1-year decline

Population & Diversity

Farragut, TN is home to a population of 24.6k people, from which 98.1% are citizens.

As of 2024, 7.14% of Farragut, TN residents were born outside of the country (1.76k people).

In 2024, there were 19.6 times more White (Non-Hispanic) residents (21.8k people) in Farragut, TN than any other race or ethnicity. There were 1.12k Asian (Non-Hispanic) and 557 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

98.1%

2024 Citizenship

98.2%

2023 Citizenship

As of 2024, 98.1% of Farragut, TN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Farragut, TN was 98.2%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Farragut, TN compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Farragut, TN

White (Non-Hispanic)
21.8k ± 553
Asian (Non-Hispanic)
1.12k ± 296
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
557 ± 252

2.36%

Hispanic Population

582 people

2.36% of the people in Farragut, TN are hispanic (582 people).

The following chart shows the 8 races represented in Farragut, TN as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Tennessee.

Most Common Origin

Mexico
95,077 ± 7,519 people
Guatemala
31,959 ± 4,379 people
Honduras
26,792 ± 4,011 people

In 2024, the most common birthplace for the foreign-born residents of Tennessee was Mexico, the natal country of 95,077 Tennessee residents, followed by Guatemala with 31,959 and Honduras with 26,792.

Foreign-Born Population

7.14%

2024 Foreign-Born Population

1.76k people

7.08%

2023 Foreign-Born Population

1.72k people

As of 2024, 7.14% of Farragut, TN residents (1.76k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Farragut, TN was 7.08%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Farragut, TN compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
490 ± 188
Vietnam
458 ± 121
Gulf War (1990s)
260 ± 124

Farragut, TN has a large population of military personnel who served in Gulf War (2001-), 1.07 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Farragut, TN.

Economy

The economy of Farragut, TN employs 12.1k people. In 2024, the largest industries in Farragut, TN were Professional, Scientific, & Technical Services (1,700 people), Health Care & Social Assistance (1,576 people), and Retail Trade (1,405 people), and the highest paying industries were Utilities ($150,400), Manufacturing ($130,735), and Construction ($120,758).

Employment

Occupations

12.1k

2024 Value

± 986

−0.805%

1 Year decline

± 11.5%

From 2023 to 2024, employment in Farragut, TN declined at a rate of −0.805%, from 12.2k employees to 12.1k employees.

The most common job groups, by number of people living in Farragut, TN, are Management Occupations (2,063 people), Sales & Related Occupations (1,831 people), and Office & Administrative Support Occupations (1,067 people). This chart illustrates the share breakdown of the primary jobs held by residents of Farragut, TN.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Tennessee.

This chart shows weekly unemployment insurance claims in Tennessee (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

12.1k

2024 Value

± 986

−0.805%

1 Year decline

± 11.5%

From 2023 to 2024, employment in Farragut, TN declined at a rate of −0.805%, from 12.2k employees to 12.1k employees.

The most common employment sectors for those who live in Farragut, TN, are Professional, Scientific, & Technical Services (1,700 people), Health Care & Social Assistance (1,576 people), and Retail Trade (1,405 people). This chart shows the share breakdown of the primary industries for residents of Farragut, TN, though some of these residents may live in Farragut, TN and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$101,806

Median earning men ± $6,614

$53,201

Median earning women ± $10,234

The industries with the best median earnings for men in 2024 are Other Services Except Public Administration ($162,917), Public Administration ($145,263), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($143,325).

The industries with the best median earnings for women in 2024 are Transportation & Warehousing, & Utilities ($138,250), Wholesale Trade ($130,682), and Construction ($120,190).

Housing & Living

The median property value in Farragut, TN was $583,400 in 2024, which is 1.75 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $513,100 to $583,400, a 13.7% increase. The homeownership rate in Farragut, TN is 84.7%, which is higher than the national average of 65.2%.

People in Farragut, TN have an average commute time of 21.9 minutes, and they drove alone to work. Car ownership in Farragut, TN is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$583,400

Median Property Value 2024

±$30,668

$7,758

Median Property Taxes

±$670

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Farragut, TN the largest share of households pay taxes in the $2k - $3k range.

The chart underneath the paragraph shows the property taxes in Farragut, TN compared to it's parent and neighbor geographies.

Rent vs Own

84.7%

Homeownership

2024

65.5%

Homeowners with Mortgage

2024

In 2024, 84.7% of the housing units in Farragut, TN were occupied by their owner. This percentage declined from the previous year's rate of 85.3%.

This chart shows the percentage of owner in Farragut, TN compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$142,093

Median Household Income

± $8,342

9.15k

Number of Households

± 720

In 2024, the median household income of the 9.15k households in Farragut, TN declined from $142,093 from the previous year's value of $142,402.

The following chart displays the households in Farragut, TN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

Wage Distribution

The closest comparable wage GINI for Farragut, TN is from Tennessee.

0.457

2024 Wage GINI in Tennessee

0.459

2023 Wage GINI in Tennessee

In 2024, the income inequality in Tennessee was 0.457 according to the GINI calculation of the wage distribution. Income inequality had a 0.505% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Tennessee was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Tennessee in comparison to the national average.

This chart shows the number of workers in Tennessee across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (70.2%)
Worked At Home (25.3%)
Carpooled (2.78%)

In 2024, 70.2% of workers in Farragut, TN drove alone to work, followed by those who worked at home (25.3%) and those who carpooled to work (2.78%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

21.9 minutes

Average Travel Time

Using averages, employees in Farragut, TN have a shorter commute time (21.9 minutes) than the normal US worker (26.4 minutes). Additionally, 1.65% of the workforce in Farragut, TN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Farragut, TN compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Farragut, TN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Farragut, TN have 2 cars.

Poverty

Poverty & Diversity

3.76% of the population for whom poverty status is determined in Farragut, TN (913 out of 24.3k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 75+, followed by Males 35 - 44 and then Males 45 - 54.

The most common racial or ethnic group living below the poverty line in Farragut, TN is White, followed by Asian and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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