GDP / Output
+7.8% YoY
93
$116.9B
Output changed +7.8% in 2024.
Vintage date unknown
State growth5.6%
U.S. growth5.3%
PLACEThriving
Nashville-Davidson Metropolitan Government (Balance), TN
Thriving overall. Federal Funds is the clearest support signal, while housing needs the most attention. Housing reads as affordable for a median-income household.
Overall score81out of 100
93
84
71
66
100
Population
690,130
Data freshness
Unknown
Jobs
Unemployment rate
84
2.8%
Unemployment is 2.8% for September 2026.
Vintage date unknown
State avg4.7%
U.S. avg5.2%
Population
+3.5% 5-year
71
690,130
Population moved +3.5% over the latest ACS window.
Vintage date unknown
State population7,066,383
U.S. population334,922,499
Housing
Rent share of income
66
24.6%
Median rent consumes 24.6% 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 AUTHORITY$425.7M
Affordable
Housing Affordability
24.6%
of median income
1BR estimate$1,301
2BR estimate$1,713
Median income$77,371
Median home value$413,600
ACS context
Quick Facts
Population
690,130
Median age
34.5
Bachelor's degree+
48.0%
Poverty rate
14.1%
Labor force participation
72.6%
Prime rate
7.0%
CPI YoY
Unavailable
U.S. GDP YoY
+5.9%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
September 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-10-27
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)
2020667,070
2021682,646
2022684,103
2023684,298
2024690,130
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
2024690,130
2025695,981 *
2026700,758 *
R² = 76.5% · * 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$77,371/yr
Median rent$1,586/mo
Rent share of income24.6%
Est. mortgage (30yr, 6.5%)$25,097/yr
Mortgage share of income32.4%
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 avg4.7%
U.S. avg5.2%
Labor force participation72.6%
Poverty rate14.1%
Data from BLS LAUS / CPS. September 2026.
valuation snapshot
Real Estate
Median home value$413,600
Median monthly rent$1,586
Price-to-rent ratio21.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score83/100
Economic growth93/100
Labor market84/100
Population momentum71/100
Overall stability81/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.