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The total population of Farragut is estimated to be 396 with 216 males (54.55%) and 180 females (45.45%). There are 36 less females than males in Farragut.
The median household income in Farragut was $49,541 in 2021, which marked an a decrease of 10,657(17.70%) from $60,198 in 2020. This income is 66.40% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Farragut sees its highest median household income among householders in the age group of 45 to 64 years old, at $75,889. Overall, the median household income for the city of Farragut stands at $49,541.
In Farragut, the median income for all workers aged 15 years and older, regardless of work hours, was $44,756 for males and $30,690 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $65,331 for males and $39,802 for females.
In Farragut, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $131,164, while White households have a median household income of $42,156.
In 2022, the population of Farragut was 475, a 2.06% decrease year-by-year from 2021. Previously, in 2021, Farragut's population was 485, a decline of 0.00% compared to a population of 485 in 2020.
The median age in Farragut, IA is 45.3, as per 2021 ACS 5-Year Estimates. Of the total population, 18.93% were under the age of 15, 9.11% aged 15 to 29, 49.30% aged 30 to 64, 21.03% aged 65 to 84, and 1.64% were 85 years of age and older.
Racial distribution of Farragut population: 93.93% are White, 0.47% are some other race and 5.61% are multiracial.