Tennessee · South · 25k residents
Farragut, TN: economy, jobs & business costs
The site-selection read on Farragut: labor costs, talent, corporate tax, energy, and business activity, with the Tennessee median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,353/wk. Tennessee's corporate income tax rate is 6.5%. Commercial electricity averages 12.1¢/kWh.
Compare Farragut side by side
Avg. weekly wage
$1,353/wk
Corporate income tax
6.5%
Bachelor's degree or higher
65%
Commercial electricity
12.1¢/kWh
Economic momentum
How fast Farragut's economy is moving, ranked against the US cities we track.
70/100
Heating
Ranks Farragut's residential building-permit growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $583,400 |
| Price per sq. ft. | $190 |
| Property tax rate | 0.65% |
| 1-bedroom rent | $1,402/mo |
| 2-bedroom rent | $1,553/mo |
| State & local income tax | 0% |
| Sales tax | 9.55% |
| Corporate income tax | 6.5% |
| Avg. weekly wage | $1,353/wk |
| Bachelor's degree or higher | 65% |
| Commercial electricity | 12.1¢/kWh |
| Businesses per 1k residents | — |
| Wage: Software developer | $122,430 |
| Wage: Registered nurse | $81,500 |
| Wage: General manager | $106,970 |
| Wage: Customer service | $42,830 |
| Wage: Warehouse worker | $36,140 |
| Wage: Heavy truck driver | $58,620 |
| Wage: Electrician | $61,090 |
| Wage: Retail salesperson | $31,950 |
| Cost of living index | 109 |
| Groceries index | 96 |
| Utilities | $160/mo |
| Transit pass | $65/mo |
| Gas price | $2.95/gal |
| Healthcare index | 92 |
| Childcare (per child) | $900/mo |
| Median household income | $142,093 |
| Unemployment rate | 3.3% |
| Population | 25k |
| Crime index | 70/100 |
| School rating | 5.3/10 |
| Walkability | 30/100 |
| Disaster risk | — |
| Avg. commute | 26 min |
| Sunny days / year | 205 days |
| July high | 89°F |
| January low | 28°F |
| Annual snowfall | 4 in |
| Home price YoY | +1.5% |
| Home price MoM | 0.0% |
| Rent YoY | -2.0% |
| Rent MoM | -0.2% |
| Employment (jobs) YoY | — |
| Building permits YoY | +19.8% |
| Ocean coast | 323 mi |
| Big lake | 30 mi |
| Mountains | 44 mi |
| Major airport | 12 mi |
| Ski resort | 38 mi |
Popular comparisons
Nearby
- Oak Ridge, TN · 33k
- Knoxville, TN · 195k
- Maryville, TN · 32k
- Seymour, TN · 16k
- Sevierville, TN · 18k
Similar size
- Shelbyville, TN · 25k
- East Ridge, TN · 22k
- Bristol, TN · 28k
- Tullahoma, TN · 21k
- Springfield, TN · 19k
Real listings in Farragut
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Farragut a good place to run a business?
- Tennessee's corporate income tax rate is 6.5%; average weekly wages in the surrounding labor market run $1,353/wk; commercial electricity averages 12.1¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Farragut, TN?
- Farragut indexes at 109 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,553/mo and a acs median home value of $583,400.
- How much does a house cost in Farragut?
- The acs median home value in Farragut is $583,400 (Census ACS estimate; individual listings vary).
- How much is rent in Farragut?
- A two-bedroom in Farragut rents for about $1,553/mo.