Germantown, Tennessee Demographics & Population 2026
During the 2020–2024 ACS period, Germantown, Tennessee had a total population of 40,673, the 22nd largest city in Tennessee, with a median household income of $149,920, which is 115% higher than the state average. The poverty rate is 2.7%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 115% above the state average — one of the wealthiest communities in Tennessee.
- An exceptionally low poverty rate of 2.7% — among the lowest in Tennessee.
- 71.9% of adults hold a bachelor's degree or higher — top 10% in Tennessee.
Germantown Quick Facts
How Germantown Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 40,812 | 40,673 | -0.3% |
| Median household income | $144,799 | $149,920 | +3.5% |
| Median home value | $441,200 | $470,800 | +6.7% |
How Germantown Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 46 | National average: 61
Education
Educational Attainment (Adults 25+)
Germantown Rankings in Tennessee
Explore Tennessee Rankings
Other Cities in Shelby County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Memphis | 618,980 | $51,736 | 23.1% | $169,000 |
| Bartlett | 56,876 | $102,070 | 5.1% | $310,400 |
| Collierville | 51,515 | $138,598 | 3.2% | $485,900 |
| Arlington | 15,205 | $135,105 | 4.9% | $424,400 |
| Lakeland | 14,192 | $116,250 | 3.2% | $388,900 |
| Millington | 11,289 | $49,979 | 16.5% | $207,300 |
Cities Similar to Germantown
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Mount Juliet | 42,073 | $107,068 | $460,100 | 49.5% | 6.0% |
| Brentwood | 45,556 | $182,088 | $1,031,300 | 73.8% | 3.6% |
| Collierville | 51,515 | $138,598 | $485,900 | 62.5% | 3.2% |
| La Vergne | 40,243 | $81,313 | $309,900 | 23.7% | 15.1% |
| Lebanon | 44,788 | $72,848 | $378,400 | 30.8% | 13.1% |
Population Overview
Germantown is a mid-sized community located in Tennessee, within Shelby County. The total population is 40,673. It ranks as the 22nd most populous out of 502 Census-designated places in Tennessee.
Age Demographics
The median age in Germantown is 44.3 years. This is 14% higher than the state median of 38.9 years. 10.3% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Germantown is $149,920. This is 115% higher than the state median of $69,595. It is also 86% higher than the national median of $80,734. The poverty rate stands at 2.7%. This is 80% 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 3.2%. This is 32% lower than the state rate of 4.7%. The median home value is $470,800. Housing costs are 64% higher than the state median of $286,700. The home-value-to-income ratio is 3.1x. 86.7% of occupied housing units are owner-occupied. This homeownership rate is 29% higher than the state average of 66.9%.
Race & Ethnicity
The largest racial or ethnic group in Germantown is White (non-Hispanic), making up 83.0% of the population. Asian residents account for 6.3%. The Black or African American population (4.4%) is well below the state average of 15.4%. The Hispanic or Latino population (3.0%) is well below the state average of 7.4%. The Asian population is significantly higher than the state average (6.3% vs 1.9%).
Education
71.9% of residents aged 25 and older hold a bachelor's degree or higher. This places Germantown in the top 10% of all cities in the state for educational attainment. This is 132% higher than the state rate of 31.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.3%. Notably, 32.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Germantown, Tennessee is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 502 Census-designated places in Tennessee. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Germantown, Tennessee?
Germantown, Tennessee has a population of 40,673 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Germantown, TN?
The median household income in Germantown is $149,920, which is 86% higher than the national median of $80,734.
What is the poverty rate in Germantown, TN?
The poverty rate in Germantown is 2.7%. This means approximately 1,093 residents live below the federal poverty line.
What is the racial makeup of Germantown, Tennessee?
Germantown's population is 83.0% White, 4.4% Black, 3.0% Hispanic/Latino, and 6.3% Asian.
What is the median home value in Germantown, TN?
The median home value in Germantown is $470,800. The home-value-to-income ratio is 3.1x.
How educated is Germantown, Tennessee?
71.9% of adults (25+) in Germantown hold a bachelor's degree or higher, and 32.2% hold a graduate or professional degree.