Regional Stats

Midtnregion

The Nashville Chamber economic development team is dedicated to providing site selectors and businesses with all of the information they need when considering relocating to or expanding their businesses in the Nashville area. The Nashville Area Chamber of Commerce's research team regularly reviews and reports on regional economic and demographic trends. 

Click here for an overview of the Nashville Region in our 2020 Nashville Regional Economic Development Guide.

In this section, you will find current Nashville-area data and trends in the categories below. You can also add specific content to our create a custom data report.

For more information or assistance with your site selection process, please contact a member of our economic development team.

Demographics

Population

(SOURCE: U.S. CENSUS BUREAU, ANNUAL ESTIMATES OF RESIDENT POPULATION, 2019)
Geography2010201120122013201420152016201720182019
Nashville MSA1,675,9721,698,4751,727,4731,759,0341,793,9101,830,3451,865,2981,903,0451,930,9611,934,317
Nashville Economic Market1,761,441,787,6291,825,379 1,856,2241,895,5451,935,1071,971,5422,010,3492,042,1872,072,589
Davidson County628,131635,799649,318659,428 669,094678,889684,410691,243692,587694,144

Age

NASHVILLE MSA (SOURCE: U.S. CENSUS BUREAU, AMERICAN COMMUNITY SURVEY, 2018 1-YEAR ESTIMATES)
Age groupPercent of
total population
0-1925.8%
20-3421.7%
35-5427.0%
55-7420.5%
75+5.1%

Race and Ethnicity

NASHVILLE MSA (SOURCE: U.S. CENSUS BUREAU, AMERICAN COMMUNITY SURVEY, 2018 1-YEAR ESTIMATES)
Race or EthnicityPercent of
total population
White79.3%
Black or African American16.6%
American Indian/Alaska Native0.8%
Asian3.5%
Native Hawaiian and Other Pacific Islander0.2%
Other or Two or More Races2.7%
Hispanic or Latino (of any race)7.4%

Migration

NASHVILLE MSA (SOURCE: U.S. CENSUS BUREAU, ESTIMATES OF THE COMPONENTS OF RESIDENT POPULATION CHANGE, 2019)
201120122013201420152016201720182019
Net migration12,33822,19821,43823,92226,06225,35824,21821,31719,856


Workforce

Employment and Average Wages

NASHVILLE MSA (SOURCE: CHMURA, 2019)
Industry2019 Nashville JobsNashville Average Annual Wages2019 National JobsUS Average Annual Wages
Accommodation and Food Services104,886$23,32214,361,049$22,462
Administration and Support and Waste Management and Remediation Services 88,371$40,32010,223,224$41,457
Agriculture, Forestry, Fishing and Hunting5,935$14,826
2,124,629$38,331
Arts, Entertainment, and Recreation22,324$77,168 3,177,951$38,004
Construction57,290$61,0579,135,425$59,168
Educational Services69,957$49,262 12,954,607$51,191
Finance and Insurance46,909$100,632 6,272,293 $114,776
Public Administration46,507$56,103 7,448,008 $66,882
Health Care and Social Assistance 138,871$61,245 22,890,899 $52,428
Information22,686$76,210 3,124,679 $113,337
Management of Companies and Enterprises23,964$134,4682,394,038 $129,239
Manufacturing85,547$62,64113,147,370$69,449
Other Services (except Public Administration)51,341$32,2107,118,827 $33,867
Professional, Scientific, and Technical Services71,932$89,527 10,697,568$96,2017
Real Estate and Rental and Leasing20,347$60,8622,749,541 $61,562
Retail Trade104,198$34,766 16,473,622$33,252
Transportation and Warehousing61,396$47,385 7,140,852 $54,666
Utilities3,990$83,539 816,756 $103,230
Wholesale Trade40,018$77,2226,046,800 $79,676

Unemployment Rate

(SOURCE: U.S. BUREAU OF LABOR STATISTICS, LOCAL AREA UNEMPLOYMENT STATISTICS)
Geography2010201120122013201420152016201720182019
Nashville MSA8.67.86.46.25.24.53.72.92.72.7
Nashville Economic Market9.07.86.46.25.34.63.83.02.82.7
Davidson County8.27.56.25.95.04.43.62.82.62.6

Workforce Educational Attainment

NASHVILLE MSA (SOURCE: U.S. CENSUS BUREAU, AMERICAN COMMUNITY SURVEY, 2018 1-YEAR ESTIMATES)
Education level achievedPercent of
total population
Less than 9th grade5.0%
9th to 12th grade, no diploma6.7%
High school graduate (includes equivalency)26.9%
Some college, no degree20.3%
Associate's degree8.6%
Bachelor's degree20.0%
Graduate or professional degree12.6%
Total Population 25 years and over100%

Employed Workforce by Industry

NASHVILLE MSA (SOURCE: TN DEPARTMENT OF LABOR AND WORKFORCE DEVELOPMENT, LABOR FORCE AND NON-FARM EMPLOYMENT ANNUAL AVERAGES, 2015-2019)
Industry2010201120122013201420152016201720182019
Total-Non-agriculture employment734,300756,700786,200808,300876,400914,600949,900982,0001,012,1001,047,900
Manufacturing60,40062,70067,30071,10077,900118,300122,400127,60084,10084,800
Trade, Transportation, Utilities147,800152,400158,600160,300172,900176,100181,500187,200194,200202,100
Information19,30019,30020,20020,40020,70021,60022,80023,40023,40024,700
Financial Activities46,20047,40048,30050,90056,20059,60062,80066,10068,20071,400
Professional & Business Services98,600106,600114,500121,500134,400146,900155,300160,200166,000176,400
Education & Health Services118,500121,500125,000127,200135,800140,800145,600149,200152,700154,900
Leisure & Hospitality76,90079,00083,70088,00095,000100,400105,500110,800116,400121,800
Government106,000105,100104,400103,500111,300113,400114,800116,700118,700119,700

Business Climate

Davidson County Economic Diversity

(SOURCE: U.S. CENSUS BUREAU, 2018 COUNTY BUSINESS PATTERNS)
Industry2018
Establishments
2018
Employment
Total19,981457,334
Forestry, fishing, hunting, and agriculture support717
Mining8137
Utilities11255
Construction1,23522,262
Manufacturing56820,170
Wholesale Trade1,06521,522
Retail Trade2,58636,946
Transportation & Warehousing52023,071
Information68014,129
Finance & Insurance1,28927,444
Real estate & rental & leasing1,0959,004
Professional, scientific & technical services2,13527,625
Management of companies & enterprises24323,621
Admin, support, waste mgt, remediation services1,13537,961
Educational services28226,019
Health care and social assistance2,04079,628
Arts, entertainment & recreation90111,554
Accommodation & food services2,17555,788
Other services (except public administration)1,98420,528
Unclassified establishments2213

Nashville MSA Economic Diversity

(SOURCE: U.S. CENSUS BUREAU, 2018 COUNTY BUSINESS PATTERNS)
Industry2018

Establishments

2018
Employment
Total44,460876,938
Forestry, fishing, hunting, and agriculture support41252
Mining32846
Utilities421,093
Construction3,63443,316
Manufacturing1,53776,308
Wholesale trade2,11139,279
Retail trade6,17490,142
Transportation & warehousing1,24343,750
Information1,21423,457
Finance & insurance3,17751,039
Real estate & rental & leasing2,17214,547
Professional, scientific & technical services4,33147,733
Management of companies & enterprises52042,489
Admin, support, waste mgt, remediation services2,55173,518
Educational services55730,979
Health care and social assistance4,837136,377
Arts, entertainment & recreation1,46017,515
Accommodation & food services4,382103,971
Other services (except public administration)4,38140,268
Unclassified establishments6459

Housing & Income

Age of Housing Structures

NASHVILLE MSA (SOURCE: U.S. CENSUS BUREAU, AMERICAN COMMUNITY SURVEY, 2018 1-YEAR ESTIMATES)
Year BuiltNumber of UnitsPercent of total units
Built 2014 or Later70,3858.8%
Built 2010 to 201338,5844.8%
Built 2000 to 2009145,62818.2%
Built 1980 to 1999250,57731.3%
Built 1960 to 1979181,56822.7%
Built 1940 to 195974,1679.3%
Built 1939 or earlier40,4325.0%
Total Housing Units801,341100.0%

Per Capita and Household Income

NASHVILLE MSA (SOURCE: U.S. BUREAU OF ECONOMIC ANALYSIS, CAINC1, 2018; U.S. CENSUS BUREAU, AMERICAN COMMUNITY SURVEY, 2018 1-YEAR ESTIMATES)
201020112012201320142015201620172018
Per Capita Income$41,205$43,037$45,792$45,825$47,392$50,635$52,450$55,382$57,953
Median Household Income$50,760$49,992 $51,500 $51,996$52,640$57,985$60,030$63,939$65,919
Average Household Income$69,537$69,801$70,559$71,471 $74,288$79,665$82,049$87,562$89,756

Cost of Living

Cost of Living Comparison

(SOURCE: C2ER cost of living, 2019 ANNUAL averages)
CityCost of Living
Index
U.S. Average = 100
New York City237.4
San Francisco196.6
Boston150.1
Seattle156.7
Los Angeles145.9
Chicago120
Atlanta102.4
Charlotte97.9
Austin99.3
Nashville98.5
Tampa90.9
Indianapolis92.1
Raleigh95.1


Tax Burden Comparisons

(SOURCE: DISTRICT OF COLUMBIA DEPT. OF FINANCE, TAX BURDENS COMPARISON, 2018)
CityAverage tax burden
Annual Household
Income of $75,000
Nashville$4,453
Birmingham$6,999
Kansas City$8,703
Charlotte$7,245
Louisville$8,689
Atlanta$8,386
Los Angeles$8,229
Indianapolis$8,113

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