2024 Compare Cities Economy:
Farragut, TN vs Lake Orion, MI

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Highlights
- Household income in Lake Orion, is 24% less than it is in Farragut and is 24% above the National Average.
- Farragut unemployment rate is 4.1%.
- Lake Orion unemployment rate is 3.5%.
 Farragut, TNLake Orion, MIUnited States
 Unemployment Rate4.1%3.5%6.0%
 Recent Job Growth0.9%0.3%1.6%
 Future Job Growth39.0%38.0%33.5%
 Sales Taxes9.3%6.0%6.2%
 Income Taxes0.0%4.3%4.6%
 Income per Cap.$60,233$50,576$37,638
 Household Income$119,167$90,750$69,021
 Family Median Income$134,293$114,818$85,028
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 Est. Households By Income
 Farragut, TNLake Orion, MIUnited States
 Income Less Than 15K3.1%9.2%9.4%
 Income between 15K and 20K0.8%3.2%3.8%
 Income between 20K and 30K2.8%11.2%8.1%
 Income between 30K and 40K5.4%3.0%8.0%
 Income between 40K and 50K3.3%6.6%7.6%
 Income between 50K and 60K4.1%5.6%7.2%
 Income between 60K and 75K6.9%4.6%9.6%
 Income between 75K and 100K12.5%10.2%12.8%
 Income between 100K and 150K24.4%23.2%16.3%
 Income between 150K and 200K11.5%8.9%7.8%
 Income greater than 200K25.2%14.3%9.5%
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 Population By Occupation
 Farragut, TNLake Orion, MIUnited States
 Management, business, finance26.6%20.7%16.4%
 Engineering, computers, science14.2%9.1%6.5%
 Community, social services1.0%0.5%1.8%
 Legal2.2%0.4%1.2%
 Education, library7.2%6.3%6.2%
 Arts, design, media, sports, entertainment1.5%1.3%2.0%
 Healthcare practitioners and technology6.6%4.9%6.2%
 Healthcare support1.0%1.4%3.3%
 Firefighters, law enforcement1.4%4.2%2.1%
 Food preparation, serving3.5%3.2%5.4%
 Building maintenance0.9%4.2%3.6%
 Personal care1.6%5.8%2.6%
 Sales, office, administrative support23.6%18.9%20.9%
 Farming, fishing, forestry0.2%0.0%0.6%
 Construction, extraction, maintenance/repair4.9%3.7%8.1%
 Production, transportation, material moving3.5%15.4%13.1%
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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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 Lake Orion    3 Reviews

Over 12 years ago

Lake Orion, like many Michigan cities has a lot of beauty to it, obviously including the lakes, which there are several big and many small. I grew up here and if I  More

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We moved here from Ky 2 years ago. I absolutely love it, and outside of a job transfer, will never leave. The schools are exceptional, some of the highest test scores in  More

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Over 17 years ago

We moved to Lake Orion three years ago from California and have been really pleased with this area. The people are very friendly and have embraced us well. Lake Orion is  More

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