Population 134 · Census ACS 2020–24
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Median age by neighborhoodHistory and comparison ↓︎
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Population and households in Faxon
Household size in Faxon
| Period | Faxon | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 2.49 | 2.53 | 2.68 |
| 2010–14 | 2.24 | 2.57 | 2.73 |
| 2015–19 | 2.41 | 2.57 | 2.71 |
| 2020–24 | 2.02 | 2.53 | 2.65 |
| Change | −0.47 | +0.00 | −0.03 |
Faxon is a place of small households, averaging 2.02 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Since 2006–10, household size has dropped from 2.49, but in a place this small, survey estimates can swing a lot from one release to the next.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Faxon
| Period | Faxon | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 46.3 | 38.3 | 37.7 |
| 2010–14 | 50.5 | 39.2 | 38.6 |
| 2015–19 | 49.4 | 39.9 | 39.6 |
| 2020–24 | 52.5 | 39.9 | 40.1 |
| Change | +6.2 | +1.6 | +2.3 |
Faxon skews older: half of its residents are older than 52.5, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Faxon
| Period | Faxon | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 5.7% | 12.2% | 12.3% |
| 2010–14 | 3.9% | 12.0% | 12.3% |
| 2015–19 | 3.2% | 11.6% | 11.6% |
| 2020–24 | 4.6% | 11.8% | 11.6% |
| Change | −1.1 pts | −0.4 pts | −0.6 pts |
Single parents head only 4.6% of households in Faxon, well below the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Faxon
Renters in Faxon
| Period | Faxon | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 16.7% | 30.4% | 33.3% |
| 2010–14 | 19.6% | 32.9% | 35.6% |
| 2015–19 | 10.6% | 33.7% | 36.0% |
| 2020–24 | 30.1% | 33.1% | 34.8% |
| Change | +13.4 pts | +2.6 pts | +1.5 pts |
Most households in Faxon own their homes; 30.1% rent, a little below the national share of 34.8%. Tennessee as a whole looks much the same. Just over six in ten owners (63.0%) have paid off their mortgages, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Faxon
| Period | Faxon | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 28.0% | 11.5% | 11.4% |
| 2010–14 | 28.7% | 11.8% | 11.4% |
| 2015–19 | 32.9% | 11.8% | 11.1% |
| 2020–24 | 37.4% | 10.1% | 9.6% |
| Change | +9.4 pts | −1.4 pts | −1.8 pts |
Vacant homes make up 37.4% of the housing in Faxon, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Faxon
| Period | Faxon | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 1987 | 1981 | 1974 |
| 2010–14 | 1984 | 1982 | 1975 |
| 2015–19 | 1986 | 1983 | 1977 |
| 2020–24 | 1985 | 1986 | 1980 |
| Change | −2 | +6 | +6 |
Homes in Faxon are a bit newer than the national norm: the median home was built in 1985, versus 1980 across the U.S. That is in line with the rest of Tennessee.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Faxon
| Period | Faxon | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | $572 | $761 | $965 |
| 2010–14 | $531 | $837 | $1,040 |
| 2015–19 | $591 | $961 | $1,213 |
| 2020–24 | $679 | $1,286 | $1,571 |
| Change | +$108 | +$526 | +$606 |
Rent in Faxon runs $679 a month at the median, utilities included, well below the U.S. median of $1,571. The typical renter here spends 23.5% of household income on rent, comfortably under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Faxon
Bachelor's degrees in Faxon
| Period | Faxon | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 12.4% | 23.9% | 28.4% |
| 2010–14 | 8.5% | 25.3% | 29.6% |
| 2015–19 | 11.2% | 27.9% | 32.1% |
| 2020–24 | 8.9% | 31.4% | 35.6% |
| Change | −3.6 pts | +7.5 pts | +7.2 pts |
College degrees are relatively uncommon in Faxon: 8.9% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Faxon
| Period | Faxon | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 75.9% | 83.3% | 84.9% |
| 2010–14 | 74.9% | 85.4% | 86.1% |
| 2015–19 | 85.3% | 87.6% | 87.7% |
| 2020–24 | 92.0% | 89.9% | 89.3% |
| Change | +16.1 pts | +6.6 pts | +4.3 pts |
High school completion in Faxon is a bit above the national rate: 92.0% of adults have a diploma or equivalent, against 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Faxon
| Period | Faxon | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 9.5% | 8.6% | 8.1% |
| 2010–14 | 14.6% | 9.6% | 9.4% |
| 2015–19 | 7.6% | 5.4% | 5.6% |
| 2020–24 | 14.2% | 4.8% | 5.4% |
| Change | +4.7 pts | −3.8 pts | −2.7 pts |
Unemployment in Faxon runs well above the national rate: 14.2% of the labor force was out of work and looking, against 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Faxon compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Faxon | 2.02 | 52.5 | 4.6% | 30.1% | 37.4% | 1985 | $679 | 8.9% | 92.0% | 14.2% |
| Big Sandy | 2.16 | 50.0 | 8.0% | 35.2% | 24.9% | 1982 | $693 | 11.7% | 92.1% | 10.2% |
| Magnolia | 2.90 | 46.8 | 7.0% | 10.0% | 31.8% | 1992 | $971 | 20.3% | 85.6% | 3.9% |
| Lick Creek | 2.16 | 56.6 | 9.5% | 37.7% | 30.0% | 1979 | $763 | 11.6% | 87.0% | 19.3% |
| McKinnon | 2.58 | 41.7 | 11.9% | 13.3% | 26.3% | 1985 | $946 | 10.8% | 89.7% | 10.4% |
| Lakeview Manor | 2.20 | 50.7 | 6.3% | 29.1% | 34.5% | 1989 | $584 | 11.9% | 92.5% | 0.9% |
| Manlyville | 2.02 | 50.6 | 5.6% | 33.6% | 23.0% | 1989 | $572 | 9.4% | 87.9% | 5.4% |
| Springville | 2.07 | 56.6 | 4.0% | 15.2% | 42.0% | 1993 | $790 | 18.0% | 89.7% | 7.6% |
| Stewart | 2.45 | 44.4 | 5.5% | 12.1% | 29.6% | 1991 | $990 | 18.2% | 91.9% | 3.1% |
| Forest Hill | 3.23 | 38.7 | 21.3% | 24.6% | 22.2% | 1981 | $922 | 16.7% | 88.6% | 8.6% |
| Tennessee Ridge | 2.37 | 43.3 | 12.9% | 17.4% | 13.7% | 1979 | $856 | 11.7% | 86.8% | 5.0% |
All figures 2020–24.
Cities with similar populations: Ottumwa Junction, IA · Perkins, MO · Percival Crossroads, SC · Peppertown, IN · Peora, WV · Pearl Grange, MI · Patton Junction, MO · Paris, IN · Outlook, MT · Perryton, OH
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Faxon. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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