Nashville s population is 1.9M, with a total workforce of 1.0M. The labor market grew by 21,800 jobs over the past year, up by 2.2%. The median household income in Nashville is $66,556, 4.1% higher than last year and 8.4% above the national average of $61,372. In the housing market, total permits issued totaled 18,091 over the last twelve months, down 2.5% year-over-year. Nashville has 341 active new home projects on the market, 31.7% more than the 259 from last year. The average list price in the market is $369,384, 2.2% lower than last year and 19.3% above the national average. Over the last three months, new home contracts increased by 2.6% to 1,260. Murfreesboro and Nashville had the highest concentration of the new home contracts in the Nashville market.