The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Farragut, Tennessee is a moderately-sized city with a population of 23,110 people. If we look at the most recent Census, Farragut is known to have a predominantly White population. The next two most common races are Asian and Black. The Farragut population appears to be aging at a faster rate than normal. The median age is currently 49, which is on the high side when compared to most other cities. If you are looking for a family friendly city, Farragut might be a good fit as 73% of the population over 15 years old are married, and 36% have kids who are 18 years old or younger.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Farragut could be a positive experience compared to other cities in Tennessee if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Finding the best places to live in Farragut and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, education, employment and other important metrics.
With a livability score of 75/100, Farragut is ranked #3,219 in the United States and #8 in Tennessee. This is a great score, as Farragut ranks well in multiple categories! For each of the livability categories, we see that Farragut ranks very well for crime (B), education (B) and housing (A+). Farragut does not do well for the following: amenities (F). It might be a good idea to take a closer look at each category to find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Farragut, the unemployment rate stands at 1.26%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Farragut apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Farragut. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Farragut are affordable. Median real estate prices in Farragut come in at $370,900, which is 154% 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 3.4, which is 9.7% higher than the Tennessee average.
Statistic | Farragut | Tennessee | National |
Average one way commute | 22min | 25min | 26min |
Workers who drive to work | 79.9% | 83.6% | 76.4% |
Workers who carpool | 5.0% | 9.2% | 9.3% |
Workers who take public transit | 0.0% | 0.8% | 5.1% |
Workers who bicycle | 0.1% | 0.1% | 0.6% |
Workers who walk | 0.3% | 1.4% | 2.8% |
Working from home | 13.6% | 3.9% | 4.6% |