How many renters in Farragut, TN pay more than 30% of their income on rent?

39.3% (±13.1 points) of renting households in Farragut, TN spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

35.2% spend 35% or more.

The median renting household spends 27.2% of its income on rent.

Figures last updated on .

Paying 30% or more
39.3% (±13.1 points)
Paying 35% or more
35.2% (±12.1 points)
Median share of income
27.2% (±3.1 points)

Rent as a share of income in Farragut

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentFarragutKnox CountyTennesseeUnited States
Less than 15%21.3% (±9.1 points)10.6%13.7%12.6%
15% to 19.9%8.3% (±6.1 points)12.4%12.5%12.2%
20% to 24.9%12.2% (±7.2 points)14.2%13.2%12.6%
25% to 29.9%18.9% (±7.6 points)12.7%11.7%11.5%
30% to 34.9%4.1% (±4.9 points)9.1%9.1%9.2%
35% or more35.2% (±12.1 points)41.0%39.7%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Farragut against Knox County, its state and the nation

Estimate (90% margin of error)
FarragutKnox CountyTennesseeUnited States
Paying 30% or more39.3% (±13.1 points)50.1% (±2.1 points)48.8% (±0.6 points)51.1%
Paying 35% or more35.2% (±12.1 points)41.0% (±1.8 points)39.7% (±0.5 points)41.9%
Median share of income27.2% (±3.1 points)30.1% (±0.8 points)29.5% (±0.2 points)30.6%
Median renter household income$83,750 (±$19,107)$45,721 (±$1,560)$46,745 (±$535)$52,966
Median gross rent$1,966 (±$197)$1,261 (±$26)$1,189 (±$7)$1,413

In Farragut, the share of renters paying 30% or more of income is not measurably different from Knox County (50.1%).

It is not measurably different from Tennessee (48.8%).

It is not measurably different from the national figure (51.1%).

In Knox County, Farragut ranks 3 of 7 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 248 of 403.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Farragut

Nearest places with a published estimate, compared with Farragut
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Farragut—39.3% (±13.1 points)—
Lenoir City7.1 mi54.2% (±12.0 points)Not measurably different
Louisville8.0 mi64.4% (±34.5 points)Not measurably different
Karns8.1 mi10.7% (±18.1 points)Lower
Friendsville8.7 mi46.9% (±40.1 points)Not measurably different
Oak Ridge8.8 mi41.3% (±6.4 points)Not measurably different
Alcoa13 mi48.1% (±11.7 points)Not measurably different
Tellico Village13 mi14.9% (±30.2 points)Not measurably different
Powell14 mi51.2% (±15.1 points)Not measurably different

Nearby places with a measurably lower figure: Karns, TN (10.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Knox County, place by place

RankPlaceRenters paying 30% or more of income
1Knoxville53.8% (±2.6 points)
2Powell51.2% (±15.1 points)
3Farragut39.3% (±13.1 points)
4John Sevier36.6% (±45.9 points)
5Mascot27.1% (±26.8 points)
6Halls (community)24.0% (±18.6 points)
7Karns10.7% (±18.1 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Farragut

Are renters in Farragut rent-burdened?

39.3% of renting households in Farragut pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Farragut spend on rent?

The median renting household in Farragut, TN spends 27.2% (±3.1 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Farragut town, Tennessee (place:25760, in state:47).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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