Farragut town, Tennessee Demographics & Population 2026

Population Overview

Farragut town is a small city located in Tennessee. The total population is 24,309. It ranks as the 29th most populous out of 504 cities and towns in Tennessee.

Age Demographics

The median age in Farragut town is 45.7 years. This is 17% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Farragut town is $142,402. This is 112% higher than the state median of $67,097. Compared to the national median of $78,538, household income here is 81% higher. The poverty rate stands at 2.9%. This is 79% lower than the state poverty rate of 13.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.5%. This is 47% lower than the state rate of 4.7%. The median home value is $513,100. Housing costs are 100% higher than the state median of $256,800. The home-value-to-income ratio is 3.6x. 85.3% of occupied housing units are owner-occupied. This homeownership rate is 27% higher than the state average of 67.0%.

Race & Ethnicity

Farragut town has a predominantly White (non-Hispanic) population, comprising 89.2% of all residents. Asian residents account for 4.0%. The Black or African American population (0.9%) is well below the state average of 15.7%. The Hispanic or Latino population (3.2%) is well below the state average of 7.1%. The Asian population is significantly higher than the state average (4.0% vs 1.8%).

Education

65.1% of residents aged 25 and older hold a bachelor's degree or higher. This places Farragut town in the top 10% of all cities in the state for educational attainment. This is 114% higher than the state rate of 30.4%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.0%. Notably, 27.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Farragut town, Tennessee is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 504 Census-designated places in Tennessee. For official data, visit data.census.gov.