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Farragut population tops 20k


The town of Farragut has hit a population earmark that’s been expected for years — topping more than 20,000 residents.

That number was released by the Department of Commerce’s U.S. Census Bureau as part of the American Community Survey, which states Farragut has an estimated population of 20,217.

The survey was administered to millions of homes across the nation each year from 2005 to 2009, and the numbers reported in the ACS are estimates derived from those surveys. The ACS breaks down statistics by demographics and social, economic and housing divisions.

“Farragut is not a well-kept secret anymore. Most of the people I meet who have recently moved or are in the process of moving to Farragut are retirees who did research and decided that Farragut is the place they want to live,” Farragut Mayor Ralph McGill said.

“They are coming from all over the country,” he added.

According to the ACS, Farragut’s population is made up of 9,845 males and 10,372 females. Overwhelmingly, the population is white, with 18,622 people. The black population is estimated at 701 people, the Hispanic at 332 and the Asian at 701. English is the language spoken in households for 17,682 people.


McGill said he was intrigued at the national diversity of residents — 9,083 people were born in Tennessee; 9,791 were born elsewhere in the U.S. and 1,231 were born in other countries.

“We are still growing; population up 14 percent since 2000,” McGill said.

“We were growing ‘great guns’ until the economic crisis started in 2008. We’ve slowed in growth considerably since then, but we still have room for population growth,” he added.

According to the ACS, there are 7,274 households with an average household size of 2.73 people. In the population of people 25 years or older, nearly 5,000 people have attained a bachelor’s degree — about 35 percent of the population. More than half of the population has at least some college education.

Farragut also is fairly affluent.

Per capita income is $42,000, compared with the national average of $39,626. The median household income is $95,106. Only three percent of all families in Farragut are living below the poverty level.

A majority of people over age 16 — 9,703 — are employed. Two hundred forty-two are unemployed. More than 5,000 are not in the labor force.

McGill said, “We are still fairly young: 34.6 percent are between 35 and 54 years old; only 14 percent of us are over 65 years old.”

“So, a fairly young, diverse, educated, and affluent population — that sounds to me like a good recipe for a successful and attractive place to live,” he added.

The ACS results are not the 2010 census — those numbers will be released later in 2011.

For more information, visit www.census.gov and click on the American Community Survey link.

 

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