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Germantown Apartment Features
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Living In Germantown, TN
The town of Germantown, Tennessee is home to slightly more than 39,000 residents. It's a nice place to settle down, as retirees make up a greater percentage of the population (20%) here than they do nationally (14%), while young adults are less well-represented. Overall, the city's residents, at an average age of just under 43, skew older than most cities in Tennessee. Only 17% of residents rent in Germantown, as most own their homes. The average rent for Germantown is $509/month more than the state average.
Many Germantown residents work in one of two industries: retail and healthcare. Together, these industries make up 15% of the city's labor force. Meanwhile, in terms of job function, 13% of the city's population works in management, which ranks as the top field in the city. Germantown workers bring in an average annual income of nearly $120,000, sixth-highest in the state. Germantown's average income also compares favorably to the national average of $73,345. Compared to the national average (7%), Germantown has a high percentage of residents over the age of 25 with advanced degrees, as 13% have earned a Master's or a Doctorate. Further, 27% have earned a Bachelor's degree, which also outpaces the national average.
Averaging about 23 minutes, Germantown's commute time is shorter than the state average of about 25 minutes. Driving a car or truck is the prevailing way to get to work, selected by 44% of workers, while public transit is not used. Walking isn't a common method of commuting to work.
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