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.Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Collegedale is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-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 where college students really create the town feel and character. So many small towns have lost population over the last 20-30 years that having the local college presence in the Collegedale area, with all of the energy of the students filling area dorms and apartments each fall, really helps Collegedale maintain a good economy. The citizens of Collegedale are among the most well-educated in the nation: 46.05% of adults in Collegedale have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree. 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.
