Living in Farragut, Iowa
Cost of living, income, home prices, rent and demographics of Farragut · Census data 2020–2024
Farragut has 413 residents with a median age of 47.8. The median household income is $54,688 (27% lower than the Iowa median), the median home value is $112,100, the median rent is $670/month.
Farragut is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Farragut at a glance
- Population
- 413
- Median age
- 47.8State: 38.6
- Median household income
- $54,688State: $75,059
- Median home value
- $112,100State: $208,000
- Median rent
- $670/moState: $972
- Homeowners
- 64.2%
- Bachelor's degree or higher
- 12.2%
- Average commute
- 19 min
Is Farragut a good place to live?
Pros: Home values 46% lower than the state median; an average commute of 19 minutes; unemployment of 0.9%; a poverty rate of 10.7%.
Cons: Median household income 27% lower than the Iowa median.
The weather is best in May and August to October.
Cost of living in Farragut
Housing is the biggest part of the cost of living. In Farragut the median home value is $112,100, 66% lower than the U.S. median. Renters pay a median of $670 per month, which is 15.4% of household income. Homeowners with a mortgage pay $1,074 a month in housing costs.
Farragut median household income
The median household income in Farragut is $54,688 and the income per person is $43,874. 10.7% of residents live below the poverty line (Iowa: 11.1%).
Housing in Farragut: homes for sale and rent
- Housing units
- 241
- Owner-occupied
- 64.2%
- Renter-occupied
- 35.8%
- Vacant
- 10.8%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 1.92
Farragut demographics
- Population
- 413
- Median age
- 47.8
- Under 18
- 15.5%
- 65 and older
- 23%
- Households
- 215
- Foreign-born
- 1%
- Veterans
- 8.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Farragut ›
Education in Farragut
12.2% of adults 25 and older in Farragut have a bachelor's degree or higher (Iowa: 31.4%), and 1.2% have a graduate or professional degree.
Jobs and commute in Farragut
- Unemployment rate
- 0.9%State: 3.6%
- Average commute
- 19 minState: 20 min
- Work from home
- 6.8%
- Drive alone
- 78.3%
- Public transit
- 0%
- Walk to work
- 5%
- Homes with broadband
- 90.2%
Farragut vs nearby towns
More for people moving to Farragut
Farragut ZIP code ›Weather and climate ›Living in Farragut: FAQ
What is the median household income in Farragut, IA?
The median household income in Farragut is $54,688, 27% lower than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Farragut?
The median home value in Farragut is $112,100, compared with $208,000 in Iowa.
How much is rent in Farragut?
The median gross rent in Farragut is $670 per month, about 15.4% of household income.
Is Farragut, IA a good place to live?
Pluses: home values 46% lower than the state median; an average commute of 19 minutes; unemployment of 0.9%; a poverty rate of 10.7%. Minuses: median household income 27% lower than the Iowa median.
What is the median age in Farragut?
The median age in Farragut is 47.8 years (Iowa: 38.6).
How long is the commute in Farragut?
The average commute to work in Farragut is 19 minutes; 6.8% of workers work from home.
What is the unemployment rate in Farragut?
The unemployment rate in Farragut is 0.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Farragut?
12.2% of adults in Farragut have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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