Regional Stats
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)
| Geography | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Nashville MSA | 1,675,972 | 1,698,475 | 1,727,473 | 1,759,034 | 1,793,910 | 1,830,345 | 1,865,298 | 1,903,045 | 1,930,961 | 1,934,317 |
| Nashville Economic Market | 1,761,44 | 1,787,629 | 1,825,379 | 1,856,224 | 1,895,545 | 1,935,107 | 1,971,542 | 2,010,349 | 2,042,187 | 2,072,589 |
| Davidson County | 628,131 | 635,799 | 649,318 | 659,428 | 669,094 | 678,889 | 684,410 | 691,243 | 692,587 | 694,144 |
Age
NASHVILLE MSA (SOURCE: U.S. CENSUS BUREAU, AMERICAN COMMUNITY SURVEY, 2018 1-YEAR ESTIMATES)
| Age group | Percent of total population |
|---|---|
| 0-19 | 25.8% |
| 20-34 | 21.7% |
| 35-54 | 27.0% |
| 55-74 | 20.5% |
| 75+ | 5.1% |
Race and Ethnicity
NASHVILLE MSA (SOURCE: U.S. CENSUS BUREAU, AMERICAN COMMUNITY SURVEY, 2018 1-YEAR ESTIMATES)
| Race or Ethnicity | Percent of total population |
|---|---|
| White | 79.3% |
| Black or African American | 16.6% |
| American Indian/Alaska Native | 0.8% |
| Asian | 3.5% |
| Native Hawaiian and Other Pacific Islander | 0.2% |
| Other or Two or More Races | 2.7% |
| 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)
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|---|---|---|---|
| Net migration | 12,338 | 22,198 | 21,438 | 23,922 | 26,062 | 25,358 | 24,218 | 21,317 | 19,856 |
Workforce
Employment and Average Wages
NASHVILLE MSA (SOURCE: CHMURA, 2019)
| Industry | 2019 Nashville Jobs | Nashville Average Annual Wages | 2019 National Jobs | US Average Annual Wages |
|---|---|---|---|---|
| Accommodation and Food Services | 104,886 | $23,322 | 14,361,049 | $22,462 |
| Administration and Support and Waste Management and Remediation Services | 88,371 | $40,320 | 10,223,224 | $41,457 |
| Agriculture, Forestry, Fishing and Hunting | 5,935 | $14,826 | 2,124,629 | $38,331 |
| Arts, Entertainment, and Recreation | 22,324 | $77,168 | 3,177,951 | $38,004 |
| Construction | 57,290 | $61,057 | 9,135,425 | $59,168 |
| Educational Services | 69,957 | $49,262 | 12,954,607 | $51,191 |
| Finance and Insurance | 46,909 | $100,632 | 6,272,293 | $114,776 |
| Public Administration | 46,507 | $56,103 | 7,448,008 | $66,882 |
| Health Care and Social Assistance | 138,871 | $61,245 | 22,890,899 | $52,428 |
| Information | 22,686 | $76,210 | 3,124,679 | $113,337 |
| Management of Companies and Enterprises | 23,964 | $134,468 | 2,394,038 | $129,239 |
| Manufacturing | 85,547 | $62,641 | 13,147,370 | $69,449 |
| Other Services (except Public Administration) | 51,341 | $32,210 | 7,118,827 | $33,867 |
| Professional, Scientific, and Technical Services | 71,932 | $89,527 | 10,697,568 | $96,2017 |
| Real Estate and Rental and Leasing | 20,347 | $60,862 | 2,749,541 | $61,562 |
| Retail Trade | 104,198 | $34,766 | 16,473,622 | $33,252 |
| Transportation and Warehousing | 61,396 | $47,385 | 7,140,852 | $54,666 |
| Utilities | 3,990 | $83,539 | 816,756 | $103,230 |
| Wholesale Trade | 40,018 | $77,222 | 6,046,800 | $79,676 |
Unemployment Rate
(SOURCE: U.S. BUREAU OF LABOR STATISTICS, LOCAL AREA UNEMPLOYMENT STATISTICS)
| Geography | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Nashville MSA | 8.6 | 7.8 | 6.4 | 6.2 | 5.2 | 4.5 | 3.7 | 2.9 | 2.7 | 2.7 |
| Nashville Economic Market | 9.0 | 7.8 | 6.4 | 6.2 | 5.3 | 4.6 | 3.8 | 3.0 | 2.8 | 2.7 |
| Davidson County | 8.2 | 7.5 | 6.2 | 5.9 | 5.0 | 4.4 | 3.6 | 2.8 | 2.6 | 2.6 |
Workforce Educational Attainment
NASHVILLE MSA (SOURCE: U.S. CENSUS BUREAU, AMERICAN COMMUNITY SURVEY, 2018 1-YEAR ESTIMATES)
| Education level achieved | Percent of total population |
|---|---|
| Less than 9th grade | 5.0% |
| 9th to 12th grade, no diploma | 6.7% |
| High school graduate (includes equivalency) | 26.9% |
| Some college, no degree | 20.3% |
| Associate's degree | 8.6% |
| Bachelor's degree | 20.0% |
| Graduate or professional degree | 12.6% |
| Total Population 25 years and over | 100% |
Employed Workforce by Industry
NASHVILLE MSA (SOURCE: TN DEPARTMENT OF LABOR AND WORKFORCE DEVELOPMENT, LABOR FORCE AND NON-FARM EMPLOYMENT ANNUAL AVERAGES, 2015-2019)
| Industry | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total-Non-agriculture employment | 734,300 | 756,700 | 786,200 | 808,300 | 876,400 | 914,600 | 949,900 | 982,000 | 1,012,100 | 1,047,900 |
| Manufacturing | 60,400 | 62,700 | 67,300 | 71,100 | 77,900 | 118,300 | 122,400 | 127,600 | 84,100 | 84,800 |
| Trade, Transportation, Utilities | 147,800 | 152,400 | 158,600 | 160,300 | 172,900 | 176,100 | 181,500 | 187,200 | 194,200 | 202,100 |
| Information | 19,300 | 19,300 | 20,200 | 20,400 | 20,700 | 21,600 | 22,800 | 23,400 | 23,400 | 24,700 |
| Financial Activities | 46,200 | 47,400 | 48,300 | 50,900 | 56,200 | 59,600 | 62,800 | 66,100 | 68,200 | 71,400 |
| Professional & Business Services | 98,600 | 106,600 | 114,500 | 121,500 | 134,400 | 146,900 | 155,300 | 160,200 | 166,000 | 176,400 |
| Education & Health Services | 118,500 | 121,500 | 125,000 | 127,200 | 135,800 | 140,800 | 145,600 | 149,200 | 152,700 | 154,900 |
| Leisure & Hospitality | 76,900 | 79,000 | 83,700 | 88,000 | 95,000 | 100,400 | 105,500 | 110,800 | 116,400 | 121,800 |
| Government | 106,000 | 105,100 | 104,400 | 103,500 | 111,300 | 113,400 | 114,800 | 116,700 | 118,700 | 119,700 |
Business Climate
Davidson County Economic Diversity
(SOURCE: U.S. CENSUS BUREAU, 2018 COUNTY BUSINESS PATTERNS)
| Industry | 2018 Establishments | 2018 Employment |
|---|---|---|
| Total | 19,981 | 457,334 |
| Forestry, fishing, hunting, and agriculture support | 7 | 17 |
| Mining | 8 | 137 |
| Utilities | 11 | 255 |
| Construction | 1,235 | 22,262 |
| Manufacturing | 568 | 20,170 |
| Wholesale Trade | 1,065 | 21,522 |
| Retail Trade | 2,586 | 36,946 |
| Transportation & Warehousing | 520 | 23,071 |
| Information | 680 | 14,129 |
| Finance & Insurance | 1,289 | 27,444 |
| Real estate & rental & leasing | 1,095 | 9,004 |
| Professional, scientific & technical services | 2,135 | 27,625 |
| Management of companies & enterprises | 243 | 23,621 |
| Admin, support, waste mgt, remediation services | 1,135 | 37,961 |
| Educational services | 282 | 26,019 |
| Health care and social assistance | 2,040 | 79,628 |
| Arts, entertainment & recreation | 901 | 11,554 |
| Accommodation & food services | 2,175 | 55,788 |
| Other services (except public administration) | 1,984 | 20,528 |
| Unclassified establishments | 22 | 13 |
Nashville MSA Economic Diversity
(SOURCE: U.S. CENSUS BUREAU, 2018 COUNTY BUSINESS PATTERNS)
| Industry | 2018 Establishments | 2018 Employment |
|---|---|---|
| Total | 44,460 | 876,938 |
| Forestry, fishing, hunting, and agriculture support | 41 | 252 |
| Mining | 32 | 846 |
| Utilities | 42 | 1,093 |
| Construction | 3,634 | 43,316 |
| Manufacturing | 1,537 | 76,308 |
| Wholesale trade | 2,111 | 39,279 |
| Retail trade | 6,174 | 90,142 |
| Transportation & warehousing | 1,243 | 43,750 |
| Information | 1,214 | 23,457 |
| Finance & insurance | 3,177 | 51,039 |
| Real estate & rental & leasing | 2,172 | 14,547 |
| Professional, scientific & technical services | 4,331 | 47,733 |
| Management of companies & enterprises | 520 | 42,489 |
| Admin, support, waste mgt, remediation services | 2,551 | 73,518 |
| Educational services | 557 | 30,979 |
| Health care and social assistance | 4,837 | 136,377 |
| Arts, entertainment & recreation | 1,460 | 17,515 |
| Accommodation & food services | 4,382 | 103,971 |
| Other services (except public administration) | 4,381 | 40,268 |
| Unclassified establishments | 64 | 59 |
Housing & Income
Age of Housing Structures
NASHVILLE MSA (SOURCE: U.S. CENSUS BUREAU, AMERICAN COMMUNITY SURVEY, 2018 1-YEAR ESTIMATES)
| Year Built | Number of Units | Percent of total units |
|---|---|---|
| Built 2014 or Later | 70,385 | 8.8% |
| Built 2010 to 2013 | 38,584 | 4.8% |
| Built 2000 to 2009 | 145,628 | 18.2% |
| Built 1980 to 1999 | 250,577 | 31.3% |
| Built 1960 to 1979 | 181,568 | 22.7% |
| Built 1940 to 1959 | 74,167 | 9.3% |
| Built 1939 or earlier | 40,432 | 5.0% |
| Total Housing Units | 801,341 | 100.0% |
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)
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
| 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)
| City | Cost of Living Index U.S. Average = 100 |
|---|---|
| New York City | 237.4 |
| San Francisco | 196.6 |
| Boston | 150.1 |
| Seattle | 156.7 |
| Los Angeles | 145.9 |
| Chicago | 120 |
| Atlanta | 102.4 |
| Charlotte | 97.9 |
| Austin | 99.3 |
| Nashville | 98.5 |
| Tampa | 90.9 |
| Indianapolis | 92.1 |
| Raleigh | 95.1 |
Tax Burden Comparisons
(SOURCE: DISTRICT OF COLUMBIA DEPT. OF FINANCE, TAX BURDENS COMPARISON, 2018)
| City | Average 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 |