Economy in Nashville-Davidson, Tennessee

The economy of Nashville-Davidson, Tennessee is driven by its booming music industry with many major record labels and artists based in the city. Additionally, the city has emerged as a hub for healthcare and technology with several major companies located in the area while tourism remains an important contributor to job growth.

Nashville-Davidson has an unemployment rate of 4.5%. The US average is 6.0%.

Nashville-Davidson has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 48.3%, which is higher than the US average of 33.5%.

Tax Rates for Nashville-Davidson
- The Sales Tax Rate for Nashville-Davidson is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Nashville-Davidson is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Nashville-Davidson
- The average income of a Nashville-Davidson resident is $27,798 a year. The US average is $28,555 a year.
- The Median household income of a Nashville-Davidson resident is $46,758 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

ECONOMY	Nashville-Davidson, Tennessee	United States
	4.5%	6.0%
	-5.8%	-6.2%
	48.3%	33.5%
	9.3%	6.2%
	0.0%	4.6%
	$31,109	$31,177
	$52,858	$57,652
	$64,196	$70,850
POPULATION BY OCCUPATION
	0.2%	1.3%
	0.0%	0.6%
	5.8%	6.2%
	7.3%	10.4%
	2.6%	2.7%
	10.9%	11.6%
	4.0%	4.1%
	0.4%	0.9%
	3.0%	2.1%
	5.1%	4.7%
	2.0%	1.9%
	6.9%	6.7%
	0.2%	0.1%
	5.3%	4.3%
	9.6%	9.3%
	14.9%	13.8%
	3.2%	2.2%
	8.9%	7.4%
	5.4%	4.9%
	4.4%	4.8%

ECONOMY MAP

Unemployment Rate (US Avg: 6%)

Median HH Income (US Avg: $53k)

Recent Job Growth (US Avg: 1.59%)

Income Less Than $15k (US Avg: 12.55%)

Income Greater Than $200k (US Avg: 5.03%)

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Reviews for Nashville-Davidson 148 Reviews

Extremely overrated town. - 12/14/2021
Nashville has to be the most overrated city in the US. I unfortunately live here and we can't wait to leave. We moved here in 2018 (for job relocation) and realized... Read More

A | Nashville, TN | Reply | 1 Reply

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Nashville Native - 11/24/2021
I've lived here all my life, 51 years. I miss the old Nashville, a midsize city with a small town feel. Its been turned into a big, party city, maybe not as big as NYC... Read More

Jennifer | Nashville, TN | Reply | No Replies

I moved out from Nashville and never looking back - 9/17/2021
Nashville is an overrated city. Parents BEWARE 1). The school system in Nashville proper is awful, unless you are willing to pay for a 500k+ house and even then you... Read More

Wael | Fairlawn, OH | Reply | No Replies

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ZIP CODES IN NASHVILLE-DAVIDSON, TENNESSEE

37013, 37211, 37115, 37221, 37076, 37207, 37209, 37217, 37214, 37206, ... 30 more

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