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2024 Compare Cities Economy:
Farragut, TN vs Franklin, TN

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Highlights
- Household income in Franklin, is 14% less than it is in Farragut and is 33% above the National Average.
- Farragut unemployment rate is 4.1%.
- Franklin unemployment rate is 3.1%.

Economy
 Farragut, TNFranklin, TNUnited States
 Unemployment Rate4.1%3.1%6.0%
 Recent Job Growth0.9%2.4%1.6%
 Future Job Growth39.0%53.4%33.5%
 Sales Taxes9.3%9.8%6.2%
 Income Taxes0.0%0.0%4.6%
 Income per Cap.$60,233$51,811$37,638
 Household Income$119,167$102,721$69,021
 Family Median Income$134,293$123,661$85,028
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 Est. Households By Income
 Farragut, TNFranklin, TNUnited States
 Income Less Than 15K3.1%3.5%9.4%
 Income between 15K and 20K0.8%1.9%3.8%
 Income between 20K and 30K2.8%4.8%8.1%
 Income between 30K and 40K5.4%5.3%8.0%
 Income between 40K and 50K3.3%6.5%7.6%
 Income between 50K and 60K4.1%5.8%7.2%
 Income between 60K and 75K6.9%8.3%9.6%
 Income between 75K and 100K12.5%13.0%12.8%
 Income between 100K and 150K24.4%20.4%16.3%
 Income between 150K and 200K11.5%12.0%7.8%
 Income greater than 200K25.2%18.6%9.5%
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 Population By Occupation
 Farragut, TNFranklin, TNUnited States
 Management, business, finance26.6%26.4%16.4%
 Engineering, computers, science14.2%10.5%6.5%
 Community, social services1.0%1.9%1.8%
 Legal2.2%1.9%1.2%
 Education, library7.2%6.6%6.2%
 Arts, design, media, sports, entertainment1.5%3.6%2.0%
 Healthcare practitioners and technology6.6%6.3%6.2%
 Healthcare support1.0%1.3%3.3%
 Firefighters, law enforcement1.4%0.9%2.1%
 Food preparation, serving3.5%5.3%5.4%
 Building maintenance0.9%1.2%3.6%
 Personal care1.6%2.7%2.6%
 Sales, office, administrative support23.6%23.1%20.9%
 Farming, fishing, forestry0.2%0.1%0.6%
 Construction, extraction, maintenance/repair4.9%3.3%8.1%
 Production, transportation, material moving3.5%4.9%13.1%

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Reviews for Farragut    4 Reviews

We recently were transferred to East Tennessee and chose the Knoxville are, Farragut to be exact, to call home. Not happy about once again leaving my full life to start  More

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What are your thoughts on living in  More

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HA! John from LA, I have been to LA and the only thing that state has going for it, is having Nick Saban as LSU's coach for a short time and New Orleans. Even New  More

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Reviews for Franklin    27 Reviews

After visiting here for a week in the summer, I fell in love with the city! Lots of my friends in Florida already moved here from New Port Richey and Wesley Chapel. I  More

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I've lived in Tennessee all my life. I have lived in west,east and middle Tennessee. By far this is the best place I have lived. We have been in Franklin for 8 years. It  More

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I love that this is a greatly diverse community with a large African American and Hispanic community around West Main St./Nachez (I'm addicted to Pueblo Real Mexican  More

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ZIPS IN FARRAGUT, TENNESSEE
37934 37932
ZIPS IN FRANKLIN, TENNESSEE
37064 37067 37069

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