Collegedale is a somewhat small city located in the state of Tennessee. With a population of 11,378 people and three constituent neighborhoods, Collegedale is the 73rd largest community in Tennessee. Collegedale has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Collegedale, where the median household income is $59,015.00.
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 a decidedly white-collar city, with fully 85.79% of the workforce employed in white-collar jobs, well above the national average. Overall, Collegedale is a city of professionals, sales and office workers, and service providers. There are especially a lot of people living in Collegedale who work in office and administrative support (16.17%), management occupations (10.89%), and healthcare (9.52%).
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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.27% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.
Because there are quite a few people attending college in Collegedale, it is thought of as a college town. To the benefit of the many students in the area, Collegedale provides a number of services, amenities and opportunities geared towards their needs and activities.
For a small city, there is also a high proportion of single, often educated, people living in Collegedale. This is not typical for smaller communities in America, and adds a feeling of vibrancy to Collegedale.
The education level of Collegedale ranks among the highest in the nation. Of the 25-and-older adult population in Collegedale, 41.44% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Collegedale in 2018 was $29,180, which is upper middle income relative to Tennessee, and middle income relative to the rest of the US. This equates to an annual income of $116,720 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 14.25% of the city’s residents. Important ancestries of people in Collegedale include English, German, Irish, Scottish, and European.
The most common language spoken in Collegedale is English. Other important languages spoken here include Spanish and French Creole.