GDP / Output
+7.8% YoY
93
$116.9B
Output changed +7.8% in 2024.
Vintage date unknown
State growth5.6%
U.S. growth5.3%
Jobs
Unemployment rate
80
2.8%
Unemployment is 2.8% for April 2026.
Vintage date unknown
State avg3.6%
U.S. avg4.3%
Population
+3.6% 5-year
72
715,388
Population moved +3.6% over the latest ACS window.
Vintage date unknown
State population7,066,383
U.S. population334,922,499
Housing
Rent share of income
66
24.4%
Median rent consumes 24.4% of median household income: Affordable.
Vintage date unknown
State rent$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$64.6K per resident
100
$46.3B
$46.3B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$121.4B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$46.3B
$64.6K per resident in reported federal flow.
Top agencies
Dollars1. Department of Health and Human Services$40.6B
2. Social Security Administration$2.5B
3. Department of Education$1.0B
Top recipients
Dollars1. DEPARTMENT OF EDUCATION TENNESSEE$789.5M
2. VANDERBILT UNIVERSITY MEDICAL CENTER$528.9M
3. TENNESSEE EMERGENCY MANAGEMENT AGENCY$425.7M
Affordable
Housing Affordability
24.4%
of median income
1BR estimate$1,297
2BR estimate$1,709
Median income$77,853
Median home value$417,400
ACS context
Quick Facts
Population
715,388
Median age
34.6
Bachelor's degree+
48.4%
Poverty rate
13.9%
Labor force participation
72.3%
Prime rate
6.8%
CPI YoY
+3.9%
U.S. GDP YoY
+5.9%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
April 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-10
HUD Fair Market Rent
Latest available
Data notes
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
+0.7%
GDP CAGR
+9.0%
Federal flow
5 years
Population (5 years)
2020690,540
2021708,490
2022709,786
2023709,846
2024715,388
GDP (5 years)
2020$75.9B
2021$87.5B
2022$98.2B
2023$108.4B
2024$116.9B
2-year linear forecast
Predictive Outlook
Population forecast
2024715,388
2025722,126 *
2026727,231 *
R² = 72.6% · * projected
GDP forecast
2024$116.9B
2025$128.3B *
2026$138.5B *
R² = 99.7% · * projected
Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.
housing affordability breakdown
Cost of Living
Median household income$77,853/yr
Median rent$1,582/mo
Rent share of income24.4%
Est. mortgage (30yr, 6.5%)$25,327/yr
Mortgage share of income32.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.8%
State avg3.6%
U.S. avg4.3%
Labor force participation72.3%
Poverty rate13.9%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$417,400
Median monthly rent$1,582
Price-to-rent ratio22.0x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score82/100
Economic growth93/100
Labor market80/100
Population momentum72/100
Overall stability80/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.