Germantown is a medium-sized city located in the state of Tennessee. With a population of 40,816 people and eight associated neighborhoods, Germantown is the 20th largest community in Tennessee.
Germantown home prices are not only among the most expensive in Tennessee, but Germantown real estate also consistently ranks among the most expensive in America.
Also of interest is that Germantown has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Germantown telecommute to their jobs. Overall, about 14.32% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Germantown is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Germantown is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Germantown’s overall crime rate is lower than average for the country.
If knowledge is power, Germantown is a pretty powerful place. 69.55% of the adults in Germantown have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Germantown in 2022 was $71,070, which is wealthy relative to Tennessee and the nation. This equates to an annual income of $284,280 for a family of four.
Germantown is a somewhat ethnically-diverse city. The people who call Germantown home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Germantown residents report their race to be White, followed by Asian. Important ancestries of people in Germantown include English, German, Irish, Italian, and Polish.
The most common language spoken in Germantown is English. Other important languages spoken here include Arabic and Spanish.