Farragut is a moderately-sized city located in the state of Tennessee. The city has a population of 21,690 people. The majority of Farragut residents report their race to be White; this is followed by Asian and Black. If you are looking for a family friendly city, Farragut might be a good fit as 92% of the population over 15 years old are married, and 59% have kids who are 18 years old or younger.
Living in Farragut can be a great experience for anyone moving to the town. Having said that, in the state of Tennessee, there are many desirable places to live, so choose wisely! The best areas in Farragut and in surrounding cities are easier to find when you are able to make informed decisions. Using data from cost of living, education, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Tennessee and national averages.
With a livability score of 82/100, Farragut is ranked #945 in the United States and #9 in Tennessee. Clearly, Farragut is doing something right, as this score ranks well above the average of most cities. Farragut also ranks in the top 10 percent of all cities, which is no small feat! If we explore each of the categories individually, we see that Farragut ranks well for amenities (A+), crime (B+), education (A+) and employment (A-). There is at least one category that does not have great scores in Farragut. The following was graded with a disappointing score: cost of living (F) and housing (D-).
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Farragut, there is no shortage of amazing local amenities and interesting things to do.
Knowing that the Farragut schools rank highly for test scores plays an important factor in deciding if this area is the right place to live. The average school test scores are 81%, which is far higher than the national average.
Assuming that Farragut meets all of your requirements, the next most important item to examine is the affordability of real estate in Farragut. Everything else becomes a lot less important if it turns out that home prices in Farragut are simply unattainable. Median real estate prices in Farragut come in at $328,600, which is 125.1% higher than the Tennessee average. The home price to income ratio compares the median home prices to the median household income. In Farragut, the home price to income ratio is 3, which is 3.2% lower than the Tennessee average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in Farragut were 6.2%, and the 5 year appreciation rates came in at 3.9%.
|Average one way commute||23min||25min||26min|
|Workers who drive to work||85.4%||83.6%||76.4%|
|Workers who carpool||5.9%||9.2%||9.3%|
|Workers who take public transit||0.0%||0.8%||5.1%|
|Workers who bicycle||0.0%||0.1%||0.6%|
|Workers who walk||0.2%||1.4%||2.8%|
|Working from home||7.1%||3.9%||4.6%|
|Airports (within 30 miles of city center)||0 (1)||5||354|
|Amtrak train stations (within 30 miles of city center)||0n/a||4||711|