Farragut, TN demographics:
population, income, and more
Farragut population
How many people live in Farragut
Farragut is home to 24,634 residents, according to the most recent Census data. Gender-wise, 48.8% of Farragut locals are male, and 51.2% are female.
Age demographics
The median age in Farragut is 46, with the population distributed as follows: about 17.2% are children under 15, then 12.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 18.8% of the population, while another 28.8% fall into the 45 to 64 bracket. Finally, around 22.4% are 65 or older.
Racial makeup
In Farragut, 91% of the population are US-born citizens, while 7% have gained naturalized citizenship. At the same time, 1.9% of residents are non-citizens. As for race, 89% of locals are Caucasian, 1% are African American and 4.5% have Asian roots. There’s also a share of 4.9% that includes residents with two or more races.
Households in Farragut
A peek inside Farragut households
Farragut has 9,154 households, with an average of 3 members in each. Of these, 78.2% are families, while the remaining 21.8% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Farragut
The housing landscape of Farragut
Farragut's housing consists of 9,261 units, with 88.3% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 4.4% and offer a more compact, shared living style.
The age of buildings in Farragut
In Farragut, the median construction year is 1992. About 1.6% of homes were built before the 1940s, with another 0.2% going up by 1949. Most development happened in the second half of the 20th century. Then, 15.5% of homes were added from 2000 to 2009, 14.5% between 2010 and 2019, and 2.4% are part of the newest wave of development.
Farragut occupancy rates
Out of the 9,154 occupied housing units in Farragut, 84.8% are owner-occupied, while 15.2% are lived in by tenants. Meanwhile, 1.2% of all homes on the local market sit vacant.
Farragut housing costs
Housing costs in Farragut come to a median of $1,692 per month, while tenants specifically pay a median gross rent of $1,966.
Education in Farragut
Farragut education at a glance
About 16% of the population in Farragut went to high school, while 15.4% pursued college studies. Another 8.4% earned an associate degree and 33.6% hold a bachelor’s. Meanwhile, 26% went even further, earning a master’s or doctorate.
Income in Farragut
How much people earn in Farragut
The average annual household income in Farragut was $182,084 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -4.2% change from the previous year. At the same time, the median income stood at $142,093, reflecting a -0.2% shift over the same period.
Farragut income by age
In Farragut, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $148,718. Those with someone between 45 and 64 in charge, often well established professionally, earn $173,542 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $102,568, while those led by someone over 65, many of whom may be retired, have about $106,940 in earnings. Overall, 96.2% of the locals in this community live above the poverty line.
Average renter income in Farragut
To get a better sense of what renters earn on average in Farragut, their median household income was $83,832 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 28.1%, shows what portion of their earnings goes toward housing expenses.
Employment in Farragut
Workforce and job types in Farragut
The job market in Farragut is powered by 12,074 working residents, spread across a range of industries and roles. 92.8% of the working population are employed in professional or administrative positions, while 7.2% are in hands-on or service-based jobs. Also, 8.9% run their own businesses, 70.4% are employed by private companies, and 13.1% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Farragut stands at 2.3%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Farragut
How people get around in Farragut
In Farragut, the average commute time is 22 minutes. Commuting methods vary: 73% of residents travel by personal vehicle and 0.6% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Farragut by zipcode?
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FAQs about Farragut demographics
What is the total population of Farragut?
What is the gender ratio in Farragut?
- 48.8% males (12,031 residents)
- 51.2% females (12,603 residents)
What is the median age in Farragut?
What is the age distribution of the population in Farragut?
- Under 15: 17.2% (4,236 residents)
- Ages 15-24: 12.8% (3,162 residents)
- Ages 25-44: 18.8% (4,639 residents)
- Ages 45-64: 28.8% (7,083 residents)
- Over 65: 22.4% (5,514 residents)
What is the racial and ethnic makeup of Farragut?
- White: 89% (21,913 residents)
- Black or African American: 1% (250 residents)
- American Indian and Alaska Native: 0% (11 residents)
- Asian: 4.5% (1,115 residents)
- Native Hawaiian and Other Pacific Islander: 0.4% (89 residents)
- Two or More Races: 4.9% (1,208 residents)
- Other: 0.2% (48 residents)
What percentage of the population in Farragut are U.S.-born citizens?
How many housing units are there in Farragut?
How many households are in Farragut and what is the average household size?
What is the median household income in Farragut?
What is the employment rate and job market overview for Farragut?
Job types:
- White-collar workers: 92.8% (11,202 residents)
- Blue-collar workers: 7.2% (872 residents)
Places of employment:
- Self-employed: 8.9% (1,071 residents)
- Private companies: 70.4% (8,502 residents)
- Governmental workers: 13.1% (1,583 residents)
- Not-for-profit companies: 7.6% (918 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.