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Apartments for rent in Farragut, TN

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Living In Farragut, TN

Farragut is a town in Tennessee with a population of slightly more than 22,000. Retirees account for a greater percentage of the population (18%) here than nationally (14%), while young adults are less well-represented. Renters tend to be in the minority in Farragut, and 86% of residents own their homes. With an average rent of $1,164 per month, exceeding the state average by $281 a month, relatively high rent costs may be a contributing factor in the higher levels of ownership.

Farragut residents have a wide range of industries from which to choose, the most common four of which are scientific, healthcare, retail, and education. Combined, these industries make up 26% of the city's workforce. Meanwhile, in terms of job function, many of the city's residents work in management, as 10% of the city's population reports this as their field of work, the highest number of any career path. Farragut workers earn an average annual income of around $113K, ninth-highest in Tennessee. Farragut's average income also compares favorably to the national average ($73,345). Compared to the national average (7%), Farragut has a large number of residents older than 25 who have advanced degrees, as 16% have earned a Master's or a Doctoral degree. Furthermore, 23% possess a Bachelor's degree, which also outpaces the national average.

With an average commute time of about 24 minutes, faster than most cities in the state, Farragut residents have found that it isn't overly time-consuming to get to work. Driving a vehicle is the prevailing way to get to work, opted for by 42% of commuters, while public transit isn't used. Few residents commute to work on foot.


Frequently Asked Questions About Farragut

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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