Germantown, TN
Population 40,812 · Tennessee
About Germantown, TN
Germantown is a mid-sized city located in Tennessee with a population of 40,812 residents according to the latest US Census Bureau American Community Survey data. The median household income is $144,799 per year, which is 93% above the national median of $75,149. The median age of 43.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Germantown features a median home value of $441,200, which is 80% above the national median of $244,900. This places Germantown in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,760, 51% above the national average of $1,163/month. Of the 16,134 total housing units, 86% are owner-occupied (13,410 units) and 14% are renter-occupied (2,141 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Germantown shows an unemployment rate of 3.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Germantown have an average one-way commute time of 20.9 minutes.
Education & Demographics
71.2% of Germantown residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.3% White, 0.2% Hispanic or Latino, 0.7% Black or African American, and 1.2% Asian residents, with 8.2% of the population being foreign-born.
How Germantown Ranks in Tennessee
Cost of Living in Germantown, TN
Compared to national averages, Germantown has a median household income of $144,799 (93% above the national median of $75,149). Home values average $441,200, which is 80% above the national median. Monthly rent at $1,760 is 51% above the US average of $1,163. Within Tennessee, Germantown's income is 130% above the state average of $62,849, and home values are 106% above the state median of $214,371.
Why Live in Germantown, TN?
Germantown offers a strong local economy with a median household income of $144,799, well above the national average, and a strong job market with an unemployment rate of just 3.1%, and a well-educated community where 71.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.9%, better than the national average, and short commute times averaging just 20.9 minutes.
Potential considerations include a competitive housing market where the typical home costs $441,200. However, Germantown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Germantown has a population of 40,812 with a median age of 43.9 years. Compare Germantown with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Germantown
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mount Juliet | 40,828 | $107,847 | $423,000 | Compare |
| Lebanon | 41,951 | $71,320 | $359,300 | Compare |
| La Vergne | 38,944 | $80,418 | $273,700 | Compare |
| Columbia | 43,971 | $61,204 | $261,700 | Compare |
| Brentwood | 45,272 | $184,720 | $926,700 | Compare |
| Cookeville | 35,544 | $48,501 | $263,800 | Compare |
| Gallatin | 46,667 | $73,589 | $343,700 | Compare |
| Cleveland | 48,185 | $55,904 | $241,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Germantown With Other Cities
Frequently Asked Questions about Germantown
What is the population of Germantown, TN?
The population of Germantown, TN is 40,812 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Tennessee.
What is the median household income in Germantown?
The median household income in Germantown, TN is $144,799 per year, which is 93% above the national median of $75,149.
What is the median home value in Germantown?
The median home value in Germantown, TN is $441,200, which is 80% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Germantown?
The median monthly rent in Germantown, TN is $1,760, which is 51% above the national average of $1,163/month.
What is the unemployment rate in Germantown?
The unemployment rate in Germantown, TN is 3.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Germantown, TN a good place to live?
Germantown offers above-average incomes, a competitive housing market, and a strong job market. With a population of 40,812 and a median age of 43.9, the city appeals to a broad range of residents.
How educated is Germantown, TN?
71.2% of residents in Germantown aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Germantown?
Key cost-of-living indicators for Germantown, TN: median home value is $441,200 (80% above national), median rent is $1,760/month, and median household income is $144,799. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Germantown?
The poverty rate in Germantown, TN is 2.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Germantown, TN?
Germantown's population is 1.3% White, 0.2% Hispanic or Latino, 0.7% Black or African American, 1.2% Asian, and 4.1% two or more races. 8.2% of residents are foreign-born.