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The total population of Germantown is estimated to be 41,094 with 20,172 males (49.09%) and 20,922 females (50.91%). There are 750 more females than males in Germantown.
The median household income in Germantown was $143,706 in 2021, which marked an an increase of 3,891(2.78%) from $139,815 in 2020. This income is 192.62% 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, Germantown sees its highest median household income among householders in the age group of 45 to 64 years old, at $174,903. Overall, the median household income for the city of Germantown stands at $143,706.
In Germantown, the median income for all workers aged 15 years and older, regardless of work hours, was $101,324 for males and $48,037 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $121,596 for males and $78,515 for females.
In Germantown, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Asian households have the highest median household income at $260,964, while Black or African American households represent the opposite end with the lowest median household income of $117,888.
In 2022, the population of Germantown was 40,816, a 0.87% decrease year-by-year from 2021. Previously, in 2021, Germantown's population was 41,174, a decline of 0.39% compared to a population of 41,334 in 2020.
The median age in Germantown, TN is 43.7, as per 2021 ACS 5-Year Estimates. Of the total population, 22.05% were under the age of 15, 11.20% aged 15 to 29, 45.44% aged 30 to 64, 18.30% aged 65 to 84, and 3.01% were 85 years of age and older.
Racial distribution of Germantown population: 88.71% are White, 3.38% are Black or African American, 0.03% are American Indian and Alaska Native, 5.80% are Asian, 0.62% are some other race and 1.47% are multiracial.