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Known as Music City, Nashville has many tributes to the tunes that built America, with unparalleled creative energy. Nashville is defined by its neighborhoods, each with its own distinct personality and character.
Nashville's population is 2.0M, with a total workforce of 1.0M. The labor market grew by 29,100 jobs over the past year, up by 2.8%. The median household income in Nashville is $67,733, 2.8% higher than last year and 7.2% above the national average of $63,179.In the housing market, total permits issued totaled 22,235 over the last twelve months, up 18.6% year-over-year. Nashville has 387 active new home projects on the market, 3.0% fewer than the 399 from last year. The average list price in the market is $375,670, 4.2% lower than last year and 16.9% above the national average. Over the last three months, new home contracts increased by 8.6% to 2,266. Nashville and Murfreesboro had the highest concentration of the new home contracts in the Nashville market.
