Collegedale is a somewhat small city located in the state of Tennessee. With a population of 11,255 people and three associated neighborhoods, Collegedale is the 58th largest community in Tennessee. Much of the housing stock in Collegedale was built relatively recently. The construction of new real estate can often be taken as an indication that the local Collegedale economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Collegedale, where the median household income is $69,942.00. Collegedale real estate is some of the most expensive in Tennessee, although Collegedale house values don't compare to the most expensive real estate in the U.S.Collegedale is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Collegedale is a city of professionals, sales and office workers, and managers. There are especially a lot of people living in Collegedale who work in office and administrative support (14.18%), management occupations (11.67%), and healthcare (10.27%). Also of interest is that Collegedale has more people living here who work in computers and math than 95% of the places in the US. Telecommuters are a relatively large percentage of the workforce: 14.68% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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. Collegedale is a small town with a large college student population. Because of this, there is a real youthful, hip vibe to the place, and much of the life in the town is centered on the college. This has helped Collegedale to buck the trend of other small towns that have suffered declining populations over the past 20 to 30 years. Spending by students, and faculty and staff jobs, are a big part of the local economy. Collegedale is one of the most well-educated cities in the nation. 46.05% of adults in Collegedale have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher. The per capita income in Collegedale in 2022 was $35,881, which is wealthy relative to Tennessee, and upper middle income relative to the rest of the US. This equates to an annual income of $143,524 for a family of four. However, Collegedale contains both very wealthy and poor people as well. Collegedale is an extremely ethnically-diverse city. The people who call Collegedale home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Collegedale residents report their race to be White, followed by Black or African-American. Collegedale also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.36% of the city’s residents. Important ancestries of people in Collegedale include English, Irish, German, Italian, and Scottish. The most common language spoken in Collegedale is English. Other important languages spoken here include Spanish and French Creole.
