City profile · Tennessee · Census ACS 2023

Farragut, TN

Population, income, housing, safety, climate and schools for Farragut - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

24,309
Residents
$142,402
Median income
$513,100
Median home
$1,471
Median rent (state)

Farragut - the verdict

Nationally, Farragut sits in the 93rd percentile for household income among US cities with a population of 1,000 or more. Source: Census ACS.

93rd
percentile, household income
85th
percentile, home value
58th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Farragut, TN

Census ACS 2023 estimates count 24,309 residents in Farragut, a small city within Tennessee. The typical household in Farragut brings in $142,402 a year, placing it in the top quartile of U.S. cities for household income, with a poverty rate of 1.7%. Home values in Farragut run a median of $513,100, and the median resident age is 45.7 years. Educational attainment runs 65.1% of adults with a bachelor's degree or higher. Separately, 61.8% of working-age residents are in the labor force.

In 2024, 106 residential building permits were authorized in Farragut (Rapid Growth), up 36% from five years earlier, per Census BPS data.

Living costs in Tennessee run below the national norm: BEA Regional Price Parities 2024 puts Tennessee at 91.9 on a 100-equals-national-average scale (Well Below Average). A typical two-bedroom carries a HUD Fair Market Rent of $1,471 per month statewide. Monthly utility costs average around $218 across Tennessee, per EIA 2023 residential energy estimates. Workers in Farragut report an average commute of 17.2 minutes, with 73.0% driving alone and 21.4% working from home. Natural-hazard exposure scores 68.4 out of 100 on FEMA's National Risk Index (Moderate).

Population

24,309 residents

Census ACS 2023 - Tennessee

Median Household Income

$142,402 /yr

Poverty 1.7%

Cost of Living Index (state)

91.9 (US=100)

Well Below Average - BEA RPP 2024, Tennessee average

How does Farragut compare to other US cities?

Where Farragut sits among all US cities (population 1,000+) on each measure, computed live from Census and FBI data.

Household income 93% higher than other cities
Home value 85% pricier than other cities
Median rent 58% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

Each percentile compares Farragut against every qualifying US city; each in-state rank narrows that to Tennessee only. Full formula and direction notes: methodology.

Tennessee-relative analysis

Bachelor's Degree or Higher is Farragut's strongest outlier among Tennessee cities

Among the 482 Tennessee cities PlainCities tracks with reported bachelor's degree or higher data, Farragut ranks #13 - the 97th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Farragut only against its own state's cities, not the full US field.

Median Household Income
#10 of 458
98th percentile in Tennessee
Median Gross Rent
#68 of 482
79th percentile in Tennessee
Median Home Value
#17 of 455
96th percentile in Tennessee
Poverty Rate
#406 of 482
15th percentile in Tennessee
Bachelor's Degree or Higher
#13 of 482
97th percentile in Tennessee

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Tennessee only, not a livability score. See the methodology for the source and calculation.

93rdIncome percentile

93rd percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Farragut's home value compares nationally

Median home value vs. every US city (population 1,000+)

$513,100 15th percentile more affordable than 15% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). Below this entry. $200,000–$225,000: 1,035 US cities (7%). Below this entry. $225,000–$250,000: 976 US cities (6%). Below this entry. $250,000–$275,000: 754 US cities (5%). Below this entry. $275,000–$300,000: 712 US cities (5%). Below this entry. $300,000–$325,000: 521 US cities (3%). Below this entry. $325,000–$350,000: 526 US cities (3%). Below this entry. $350,000–$375,000: 465 US cities (3%). Below this entry. $375,000–$400,000: 393 US cities (3%). Below this entry. $400,000–$425,000: 317 US cities (2%). Below this entry. $425,000–$450,000: 300 US cities (2%). Below this entry. $450,000–$475,000: 307 US cities (2%). Below this entry. $475,000–$500,000: 250 US cities (2%). Below this entry. $500,000–$525,000: 160 US cities (1%). This entry sits in this band. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Farragut $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Farragut, TN Farragut, TN's reported median household income shown against the U.S. national quintile-share pattern (not Farragut, TN-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Farragut, TN median $142,402/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Farragut, TN's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Farragut, TN. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 65.1%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 1.7%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 61.8%

Census ACS S2301, share of working-age residents in the labor force

Population
24,309
Median Income
$142,402
Median Home Value
$513,100
Median Age
45.7
Poverty Rate
1.7%
Labor force participation
61.8%
Bachelor's Degree+
65.1%

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
23,000 residents24,000 residents25,000 residents26,000 residents 202020212022202320242025 23,566 residents 25,121 residents ▲ +6.6%
Farragut's Census PEP population estimates, 2020–2025.

Housing Supply

Census Bureau Building Permits Survey (BPS) - annual residential permits authorized

📈 Rapid Growth
Total Permits (2024)
106
housing units authorized
Single-Family
106
detached homes
Multifamily
0
apartments & condos
Supply Intensity
4.4
permits per 1,000 residents

5-Year Permit Trend (2019–2024)

Year Total
2019 78
2020 324
2021 138
2022 108
2023 84
2024 106

Permit volume increased 36% from 2019 to 2024.

Commute Patterns

How workers travel to work, Census ACS 2023

Average Commute Time
17.2 minutes
Drive Alone
73.0%
Carpool
3.5%
Public Transit
0.0%
Walk
0.6%
Work from Home
21.4%
Other
1.5%

Based on 12,090 workers 16 and over.

Monthly Utility Costs

State-average estimates for Tennessee - EIA 2023 residential energy data

Electricity
$120
avg/month
Natural Gas
$58
avg/month
Water & Sewer
$40
avg/month
Total Utilities
$218
estimated/month

Estimates reflect Tennessee state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Tennessee state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Farragut sits in

Cost of Living Index
91.9
Well Below Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,471/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
68.4 / 100
Moderate
FEMA NRI composite score (county)

Similar Cities in Tennessee

Shelbyville
24,125 people
East Ridge
22,034 people
Bristol
27,490 people
Tullahoma
20,672 people
Springfield
18,985 people
Sevierville
18,105 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Farragut's 24,309 residents (Census ACS 5-Year 2023).

Greenfield, IN
24,308 people
Patterson, CA
24,306 people
Wadsworth, OH
24,302 people
Bloomington, CA
24,324 people
Auburn, ME
24,294 people
Mandan, ND
24,293 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Farragut's $142,402 (Census ACS 5-Year 2023, table B19013).

Hopewell, NJ
$142,396 median income
Marina del Rey, CA
$142,440 median income
Highland Beach, FL
$142,363 median income
Crystal Lake Park, MO
$142,292 median income
Hillsborough, NJ
$142,275 median income
Ringwood, NJ
$142,529 median income

Race & Ethnicity Composition

Race and ethnicity - Farragut, TN Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Farragut, TN - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 90.5% ETHNICITY, Hispanic or Latino (any race) 3.2% White 90.5% Black or African American 0.9% Asian 4.0% American Indian 0.1% Native Hawaiian 0.2% Some other race 0.2% Two or more races 4.1% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Farragut compares to nearby Tennessee cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Farragut (this city) 24,309 $142,402
Shelbyville 24,125 $52,290
East Ridge 22,034 $55,988
Bristol 27,490 $55,007
Census ACS 5-year FIPS TN Census BPS 2024 OMB Bulletin 23-01

What do people ask about Farragut, TN?

What is the population of Farragut, TN? +

24,309 people live in Farragut, TN according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Farragut, TN? +

Farragut households earn a median of $142,402 annually, based on Census ACS 2023 data.

What is the cost of living in Farragut? +

BEA does not publish a city-level cost-of-living figure for Farragut; the closest available measure is the Tennessee state average, a cost of living index of 91.9 (U.S. average = 100), rated "Well Below Average" based on BEA Regional Price Parities 2024 data. Costs within Tennessee vary by metro area.

What is the median home value in Farragut, TN? +

The median home value in Farragut is $513,100, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.