Nashville-Davidson--Murfreesboro--Franklin Metro Area, TN Economy


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Nashville-Davidson--Murfreesboro--Franklin, TN Metro Area is a great place to call home with its low 2 Bedroom Rent of $1,380 compared to the US average of $1,430 and its Grocery Cost Index of 100 matching the US average. There are many great local companies in the area such as Bridgestone Americas, Dollar General Corporation, HCA Healthcare, Community Health Systems and Nissan North America Inc. These companies provide job opportunities for locals and help fuel the economy in this Metro Area.

Nashville-Davidson--Murfreesboro--Franklin Metro Area has an unemployment rate of 4.2%. The US average is 6.0%.

Nashville-Davidson--Murfreesboro--Franklin Metro Area has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 50.5%, which is higher than the US average of 33.5%.

Tax Rates for Nashville-Davidson--Murfreesboro--Franklin Metro Area
- The Sales Tax Rate for Nashville-Davidson--Murfreesboro--Franklin Metro Area is 9.4%. The US average is 7.3%.
- The Income Tax Rate for Nashville-Davidson--Murfreesboro--Franklin Metro Area 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--Murfreesboro--Franklin Metro Area
- The average income of a Nashville-Davidson--Murfreesboro--Franklin Metro Area resident is $39,269 a year. The US average is $37,638 a year.
- The Median household income of a Nashville-Davidson--Murfreesboro--Franklin Metro Area resident is $72,537 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNashville-Davidson--Murfreesboro--Franklin, TennesseeUnited States
  4.26
  -5.8%-6.2%
  50.5%33.5%
  9.3%6.2%
  0.0%4.6%
  $39,269$37,638
  $72,537$69,021
  $88,173$85,028
  Population by Occupation
  0.4%1.2%
  0.1%0.5%
  6.8%6.8%
  10.1%10.0%
  2.8%2.5%
  11.0%11.0%
  5.2%4.8%
  0.6%0.8%
  2.2%1.9%
  5.1%4.7%
  2.1%1.9%
  7.4%7.6%
  0.5%0.1%
  4.3%4.2%
  8.4%9.3%
  14.3%14.0%
  2.4%2.1%
  7.6%7.0%
  4.8%4.8%
  3.9%4.7%
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