Nashville s population is 1.9M, with a total workforce of 1.0M. The labor market grew by 30,500 jobs over the past year, up by 3.0%. The median household income in Nashville is $66,630, 4.2% higher than last year and 8.6% above the national average of $61,372. In the housing market, total permits issued totaled 18,484 over the last twelve months, down 5.0% year-over-year. Nashville has 376 active new home projects on the market, 24.9% more than the 301 from last year. The average list price in the market is $400,990, 3.5% higher than last year and 32.5% above the national average. Over the last three months, new home contracts increased by 12.5% to 1,599. Murfreesboro and Nashville had the highest concentration of the new home contracts in the Nashville market.