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Economy, jobs and prices in Nashville, Tennessee: official figures

The median household income in Nashville was $77,371 a year in the 2020-2024 American Community Survey (in 2024 dollars), 373rd lowest of 823 US cities of 50,000 or more; the US median was $80,734 and the Tennessee median $69,595.

Median household income
$77,371
2020-2024
Unemployment rate (ACS)
4.5%
2020-2024
Mean travel time to work
24.7 min
2020-2024
Median gross rent (monthly)
$1,586
2020-2024
Median home value (owner-occupied)
$413,600
2020-2024
Homes occupied by their owners
52.4%
2020-2024
Households with a broadband subscription
92.6%
2020-2024

What is the per capita income in Nashville?

Income per resident (per capita income) in Nashville averaged $49,061 a year in 2020-2024, 243rd highest of 823 US cities of 50,000 or more (US: $44,673; Tennessee: $39,437).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Nashville?

Nashville's Gini index of household income inequality was 0.482 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 181st most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Nashville, Tennessee?

4.5% of the civilian labor force in Nashville was unemployed on average over 2020-2024 (18,234 people), 255th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Tennessee's 4.7%.

Source: U.S. Census Bureau · saved copy

What share of people in Nashville are working?

72.6% of Nashville's 561,903 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 62nd highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Nashville have jobs?

389,199 residents of Nashville held civilian jobs, 69.3% of those aged 16 and over (US: 59.7%), and 507 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Nashville?

The largest industry group for working residents of Nashville was education, health care and social assistance (23.9% of employed residents), followed by professional, scientific, management and administrative services (15.4%) and arts, entertainment, recreation, accommodation and food services (11.0%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Nashville work in manufacturing?

Manufacturing employed 6.9% of working residents of Nashville, 251st lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 15.4% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Nashville, Tennessee?

Commuters in Nashville took 24.7 minutes on average to get to work in 2020-2024, 399th longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 4.9% travelled an hour or more and 22.0% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Nashville get to work?

20.4% of workers living in Nashville worked from home in 2020-2024, 195th highest of 823 US cities of 50,000 or more (US: 15.1%). 66.5% drove to work alone, 8.1% carpooled, 1.5% used public transport and 1.8% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Nashville, Tennessee?

The median gross rent (rent plus utilities) in Nashville was $1,586 a month in 2020-2024, 410th lowest of 823 US cities of 50,000 or more (US: $1,413; Tennessee: $1,189).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Nashville?

Owner-occupied homes in Nashville had a median value of $413,600 in 2020-2024 as estimated by their owners, 377th highest of 823 US cities of 50,000 or more (US: $332,700; Tennessee: $286,700).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Nashville?

The median home value in Nashville was 5.3 times the median household income, 311th highest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Nashville, Tennessee own their home?

52.4% of the 313,513 occupied homes in Nashville were lived in by their owners in 2020-2024 and 149,179 were rented, 263rd lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Tennessee: 66.9%).

Source: U.S. Census Bureau · saved copy

What share of homes in Nashville have broadband?

92.6% of households in Nashville had a broadband internet subscription of some type in 2020-2024, 410th highest of 823 US cities of 50,000 or more (US: 91.0%; Tennessee: 89.2%).

Source: U.S. Census Bureau · saved copy

How many households in Nashville have no internet?

5.5% of households in Nashville (17,168) had no internet access at home in 2020-2024, 337th highest of 823 US cities of 50,000 or more (US: 6.5%); 10.0% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Nashville compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Nashville ranks 451 of 823, highest first.

RankCityMedian household income (2024 dollars)
448Palm Desert$77,513
449Columbus$77,456
450Bloomington$77,384
451Nashville$77,371
452Palm Coast$77,350
453Indio$77,167
454Highland$77,120
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Nashville ranks 243 of 823, highest first.

RankCityPer capita income (2024 dollars)
240Noblesville$49,199
241Burien$49,093
242Mansfield$49,083
243Nashville$49,061
244Redlands$49,007
245Gilroy$48,965
246Spring Hill$48,959
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Nashville ranks 181 of 823, highest first.

RankCityGini index of household income inequality
178Fort Pierce0.482
179Bellevue0.482
180Dearborn0.482
181Nashville0.482
182Fresno0.482
183Dayton0.481
184Beaumont0.480
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Nashville ranks 569 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
566Coon Rapids4.5%
567Tyler4.5%
568Kentwood4.5%
569Nashville4.5%
570Sioux City4.5%
571Rocklin4.5%
572Millcreek4.5%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Nashville ranks 62 of 823, highest first.

RankCityLabor force participation rate (16 and over)
59Layton72.7%
60West Des Moines72.7%
61Woodbury72.6%
62Nashville72.6%
63Charlotte72.6%
64Irving72.6%
65Wylie72.6%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Nashville ranks 399 of 823, highest first.

RankCityMean travel time to work (minutes)
396El Cajon24.8
397Detroit24.8
398Barnstable Town24.8
399Nashville24.7
400Anderson24.7
401West Sacramento24.7
402Sterling Heights24.7
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Nashville ranks 195 of 823, highest first.

RankCityWorkers who worked from home
192Murray20.5%
193San Marcos20.5%
194Petaluma20.5%
195Nashville20.4%
196Bentonville20.4%
197Skokie20.3%
198San Jose20.3%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Nashville ranks 341 of 823, highest first.

RankCityWorkers commuting by public transportation
338Buena Park1.5%
339Santee1.5%
340Draper1.5%
341Nashville1.5%
342Layton1.4%
343Watsonville1.4%
344Brentwood1.4%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Nashville ranks 573 of 823, highest first.

RankCityEmployed residents working in manufacturing
570Castle Rock7.0%
571Lake Charles6.9%
572Union City6.9%
573Nashville6.9%
574West Des Moines6.9%
575South San Francisco6.9%
576Missouri City6.9%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Nashville ranks 332 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
329Decatur23.9%
330Long Beach23.9%
331Fullerton23.9%
332Nashville23.9%
333Bartlett23.8%
334Waxahachie23.8%
335Santa Barbara23.8%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Nashville ranks 414 of 823, highest first.

RankCityMedian gross rent per month
411Wake Forest$1,596
412Oak Park$1,593
413Hesperia$1,590
414Nashville$1,586
415Chesapeake$1,586
416Gresham$1,586
417Marietta$1,586
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Nashville ranks 377 of 823, highest first.

RankCityMedian value of owner-occupied homes
374Arlington Heights$414,500
375West Palm Beach$414,200
376Marana$413,800
377Nashville$413,600
378Overland Park$413,600
379Prescott Valley$413,200
380Hoover$412,200
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Nashville ranks 308 of 820, highest first.

RankCityMedian home value as a multiple of median household income
305Weymouth Town5.4x
306Broomfield5.4x
307Gainesville5.4x
308Nashville5.3x
309Worcester5.3x
310Perris5.3x
311Colorado Springs5.3x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Nashville ranks 561 of 823, highest first.

RankCityOccupied homes lived in by their owners
558Rockville52.6%
559Brookhaven52.6%
560Roanoke52.4%
561Nashville52.4%
562Springfield52.4%
563Chattanooga52.4%
564Murfreesboro52.4%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Nashville ranks 410 of 823, highest first.

RankCityHouseholds with a broadband subscription
407Bloomington92.6%
408Idaho Falls92.6%
409Los Angeles92.6%
410Nashville92.6%
411Athens92.6%
412Florissant92.6%
413Warner Robins92.5%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Nashville ranks 337 of 823, highest first.

RankCityHouseholds with no internet access
334Texas City5.5%
335Irving5.5%
336West Haven5.5%
337Nashville5.5%
338Spokane5.5%
339Rogers5.5%
340Pomona5.5%
Source: U.S. Census Bureau · saved copy

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Sources

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