The Nashville metro is home to 2,043,713 people (up 9.6% over five years), with a median household income of $82,499. Typical rent of $1,803/month works out to 26.2% of the median household income — near the 30% affordability threshold (Census ACS + Zillow, September 2026).
The share of Nashville's workforce by sector — the base of tenant demand:
| Sector | % of workforce |
|---|---|
| Education & health care | 22.5% |
| Professional & management | 12.8% |
| Retail trade | 11.0% |
| Manufacturing | 9.9% |
| Arts, food & hospitality | 9.6% |
Education & health care is the metro's largest employment base — sectors like education and health care are recession-resilient anchors for rental demand.
Rents at 26.2% of median income leave moderate headroom; underwrite rent growth conservatively. Market pricing, yields and the Star Score live on the Nashville market page; run a deal in the calculator.
At the 30%-of-income affordability rule, typical rent of $1,803/month suggests a household income around $72,000/year. The metro's median household income is $82,499.
By workforce share: Education & health care (22.5%), Professional & management (12.8%), Retail trade (11.0%) (Census ACS 5-year).