Best Places for Business and Careers 2019

Nashville, TN

Nashville-Davidson--Murfreesboro--Franklin, TN
the place image

Nashville, TN

Nashville-Davidson--Murfreesboro--Franklin, TN
gross metro product
$126.5B
population
1.9M
median household income
$66,630
median home price
$270,000
cost of living
9% above nat'l avg
college attainment
36%
net migration
5,030 (year: 2018)
unemployment
2.7%
major industries
Tourism, Health care, Education
job growth
3.1% (year: 2018)
As of October 2019
Nashville is known as the center of the music industry, earning it the nickname Music City. Nashville is also a center for the health care, banking and transportation industries and is home to a large number of colleges and universities including Vanderbilt University. The city has a vibrant music and entertainment scene spanning a variety of genres. The Country Music Hall of Fame and Museum, Belcourt Theatre, Ryman Auditorium, Nashville Opera, Music City Drum and Bugle Corps and Nashville Ballet can all be found in
Nashville. Each year, the CMA Music Festival brings thousands of country fans to the city. Numerous music clubs can be found downtown, especially the area often referred to as the District.
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On forbes lists
#119
In Cost of Doing Business
#14
In Job Growth
#54
In Education
By The Numbers
EmploymentHousingEducationQuality of Life
Job Growth
3.1% (year: 2018)
Projected Annual Job Growth
1.2%
Unemployment
2.7%
Median Household Income
$66,630
Household Income Growth
4.9%
High-Tech Employment
1.7%
  • Data is for the metro area
  • Sources: Moody's Analytics; Sperling's BestPlaces; U.S. Census.
  • Numbers as of October 2019


  • a - Value of 100 means that a family with the median income has exactly enough income to qualify for a typical mortgage on a median-priced single-family home. An index above 100 signifies that the family has surplus income.
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