Nashville s population is 1.9M, with a total workforce of 1.0M. The labor market grew by 17,500 jobs over the past year, up by 1.7%. The median household income in Nashville is $66,161, 3.5% higher than last year and 4.7% above the national average of $63,179.
In the housing market, total permits issued totaled 19,656 over the last twelve months, up 9.9% year-over-year. Nashville has 384 active new home projects on the market, 3.2% more than the 372 from last year. The average list price in the market is $381,727, 4.8% higher than last year and 27.5% above the national average. Over the last three months, new home contracts increased by 29.0% to 1,975. Nashville and Murfreesboro had the highest concentration of the new home contracts in the Nashville market.