General Facts

Climate
  • Annual Average Temperature: 70 degrees
  • Monthly Average High Temp: January 46 degrees, July 88 degrees
  • Monthly Average Low Temp: January 30 degrees, July 65 degrees
  • Annual Average Precipitation: 47.86 inches
  • Annual Average Snowfall: 6 inches
  • Elevation: 936 feet above sea level
  • Prevailing Winds: Southwest
  • Mean Length of Freeze-Free Period: 214 days
Demographics
  • Population: 20,676
  • Households: 7,982
  • Median Age: 45
  • Median Household Income: $108,000
Source: 2010 Census

Property Tax
The Town of Farragut does not have a municipal property tax. Farragut residents pay the same property tax as other Knox County residents, $2.32 per $100 of assessed property value. Property is assessed at 25% of the residential market value and 40% of the commercial market value. Sales tax in Knox County is 9.25% except for groceries, which are taxed at 5.25%.