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NASHVILLEREGIONAL PROFILE
Published by the Nashville Area Chamber of Commerce
NASHVILLE: Strategically located in the heart of the
Tennessee Valley, the Nashville region is where businesses
thrive and the creative spirit resonates across industries
and communities. The Nashville MSA has 14 counties and
a population of nearly 1.8 million, making it the largest
metro area in a five-state region. Many corporate
headquarter giants call Nashville home, including
Nissan North America, Bridgestone Americas, Dollar
General, Hospital Corporation of America and
Gibson Guitar.
A national hub for the creative class, Nashville has the
strongest concentration of the music industry in America.
The Nashville region’s educated workforce not only
provides an abundant talent pool for companies, but
also bolsters the region’s vibrancy, artistic and musical
essence, and competitive edge in technology and
innovation. The Nashville region is defined by a diverse
economy, low costs of living and doing business, a creative
culture and a well-educated population. Cultural diversity,
unique neighborhoods, a variety of industries and a
thriving creative community make Middle Tennessee
among the nation’s best locations for relocating,
expanding and startup companies.
50% OF THE U.S. POPULATION (150 MILLION PEOPLE) LIVES WITHIN 650 MILES OF NASHVILLE.
40 MILLION PEOPLE LIVE WITHIN 300 MILES OF NASHVILLE.
POPULATION GROWTH AND TOP EMPLOYERS
Sou
rce:
U.S
. C
ensu
s B
ure
au,
20
14
2010: 39,105 // 2014: 39,764 (+1.7%)
TOP EMPLOYERS:
CHEATHAMCOUNTY
MAURYCOUNTY
RUTHERFORD COUNTY
WILSON COUNTY
DAVIDSON COUNTY
MONTGOMERY COUNTY
SUMNERCOUNTY
TENNESSEE
ROBERTSON COUNTY
WILLIAMSON COUNTY
NASHVILLE ECONOMIC MARKET
A.O. Smith Water Products, Trinity Industries, Homax
2010: 626,681 // 2014: 668,347
(+6.6%)
TOP EMPLOYERS: Vanderbilt University, HCA, St. Thomas Health Services
2010: 80,956 // 2014: 85,515 (+5.6%)
TOP EMPLOYERS: Maury Regional Medical Center,
IBEX Global, GM Spring Hill Manufacturing
2010: 172,331 // 2014: 189,961
(+10.2%)
TOP EMPLOYERS: Gateway Medical Center, Trane, Austin Peay State
University
2010: 66,283 // 2014: 68,079 (+2.7%)
TOP EMPLOYERS: Electrolux, Unarco Material Handling, Johnson Electric
2010: 262,604 // 2014: 288,906
(+ 10.0%)
TOP EMPLOYERS: Nissan North America, Middle
Tennessee State University, National HealthCare
Corporation
2010: 160,645 // 2014: 172,706 (+7.5%)
TOP EMPLOYERS: Volunteer State Community College, Sumner Regional Medical Center, Gap Inc.
2010: 183,182 // 2014: 205,226 (+12.0%)
TOP EMPLOYERS: Vanderbilt Medical Group,
Community Health Systems, Nissan North America
2010: 113,993 // 2014: 125,376
(+ 10.0%)
TOP EMPLOYERS: Cracker Barrel, Performance
Food Group, Amazon
2010: 6,346,105 // 2014: 6,549,352(+3.2%)
2010: 1,755,446 // 2014: 1,894,455 (+7.9%)
Davidson Wilson
RutherfordWilliamson
Maury
Dickson
Sumner
Cheatham
RobertsonMontgomery
DICKSON COUNTY
2010: 49,666 // 2014: 50,575
(+1.8%)
TOP EMPLOYERS: Tennsco, Nemak, TN Odom’s
Pride Sausage
CompanyNumber of employees Industry
Vanderbilt UniversityNissan North America
HCASaint Thomas Health
Randstad
Electrolux Home Products
Community Health SystemsCracker Barrel Old Country Store
Shoney’sThe Kroger Co.
Middle Tennessee State UniversityGeneral Motors
Maury Regional Medical CenterUPS
National HealthCare Corp.
Dollar General Corp.Ingram Content Group
Amazon.com
A.O. Smith Corp. Bridgestone Americas
AT&T
State Farm Insurance Cos.
Tyson Foods
Williamson Medical CenterThe Trane Company
Dell
YMCA of Middle TennesseeUnitedHealth Group
Ibex Global
LifeWay Christian ResourcesAsurion
Regions Financial Corp.
GenescoCigna-HealthspringCGS Administrators
Centerstone
Gateway Medical CenterJohnson Controls
Sumner Regional Medical CenterOHL
Austin Peay State UniversityBelmont University
Verizon Wireless
UBS
Unipres USAEmdeonGENCO
Schneider Electric
ComdataTractor Supply Company
General Mills
TOP REGIONAL EMPLOYERS NASHVILLE REGION’S DIVERSE ECONOMY
22,105
10,050
7,000
7,000
3,785
3,200
3,092
3,012
3,000
2,554
2,200
2,139
2,135
2,012
2,000
2,000
2,000
2,000
1,900
1,855
1,855
1,650
1,600
1,412
1,400
1,400
1,344
1,342
1,300
1,281
1,250
1,250
1,245
1,200
1,100
1,110
1,100
1,080
1,079
1,044
1,039
1,023
1,001
1,000
975
950
950
900
900
900
891
Management, information, admin.,
professional, and tech. services (19.3%)
Retail Trade (15.0%)
Finance, insurance, and real estate (11.9%)
Health care and social assistance (11.0%)
Accommodation and food services (9.1%)
Transportation, warehousing, and wholesale
trade (8.0%)
Construction (7.5%)
Education, arts, entertainment, and
recreation (4.3%)
Manufacturing (3.6%)
Miscellaneous services (10.4%)
40,613 business establishments (Nashville MSA)
Source: U.S. Census Bureau, 2013
Source: Nashville Area Chamber of Commerce Research Center, 2015
National, regional or division headquarters in bold. Excludes government employers.
SKILLED AND DIVERSE WORKFORCE
High school graduate (includes equivalency)
Some college, no degree
Associate degree
Bachelor’s degree or higher
Educational AttainmentPopulation age 25 and older
Source: U.S. Census Bureau, 2013
total workforce in the Nashville Economic MarketSource: TN Department of Labor & Workforce Development, 2014
28.6%20.6%
6.7%
32.3%
Race and Ethnicity
White (77.9%)
Black/African American (15.4%)
Asian (2.4%)
American Indian/Native Alaskan (0.3%)
Other/two or more races (4.1%)
Source: U.S. Census Bureau, 2013
941,770Age Characteristics
0-19 (26.5%)
20-29 (14.6%)
30-39 (14.0%)
40-49 (14.2%)
50-64 (19.1%)
65+ (11.7%)Source: U.S. Census Bureau, 2013
ACCESSIBILITY AND TRANSPORTATION
• Nashville International Airport is
located eight miles from downtown.
• Offers 390 daily arriving and departing
flights and provides service to more than
11 million passengers annually.
• Served by 10 airlines and provides non-
stop air service to more than 50 markets.
• Nashville is one of only six U.S. cities at the
convergence of three major interstate
highways – I-40, I-65 and I-24.
• The 440 Parkway Downtown Loop and Briley
Parkway link the urbanized areas; Route 840
connects 4 counties in an outer loop.
• 140 freight carriers and 150 truck
terminals
• CSX Transportation has two major rail yards
in Nashville, as well as an Intermodal
terminal, TDSI automatic distribution terminal,
and TRANSFLO terminal. Nashville is CSX’s
division headquarters.
• Port of Nashville on the Cumberland River;
9-foot navigation channel accessible to Ohio
River, Mississippi River, and Gulf of Mexico.
• Intercity bus system
• Music City Star suburban rail
• Nashville B-cycle bike-sharesystem
AIR
ROAD
AIR RAIL
TRANSIT
WATER
Accredited Four-Year & Postgraduate
Aquinas College
Austin Peay State University
Belmont University
Cumberland University
Fisk University
Lipscomb University
Meharry Medical College
Middle Tennessee State University
Nashville School of Law
Tennessee State University
Tennessee Technological University
Trevecca Nazarene University
University of the South
University of Tenessee Space Institute
Vanderbilt University
Columbia State Community College
Motlow State Community College
Nashville State Community College
Volunteer State Community College
Tennessee College of Applied Technology
Tennessee College of Applied Technology
Tennessee College of Applied Technology
Location
Nashville
Clarksville
Nashville
Lebanon
Nashville
Nashville
Nashville
Murfreesboro
Nashville
Nashville
Cookeville
Nashville
Sewanee
Tullahoma
Nashville
Columbia
Lynchburg
Nashville
Gallatin
Nashville
Dickson
Murfreesboro
TOTAL ENROLLED
Enrolled in 2013
574
10,339
6,915
1,501
646
4,580
801
23,881
640
8,883
11,118
2,406
1,701
100
12,757
5,225
4,900
10,007
8,153
1,014
481
335
117,292
Sou
rce:
Nat
ion
al C
ente
r fo
r E
du
cati
on S
tati
stic
s, 2
01
3
Accredited Two-Year Institutions & Tech Schools
HIGHER EDUCATION
More than 17,000 students graduate from Nashville-
area colleges annually, with 10,000 choosing to remain
in the Nashville region.
More than 117,000 students attend the Nashville region’s higher
education institutions.
LOW COST OF DOING BUSINESS - HIGH QUALITY OF LIFE
Tax Policy
State income tax: None on wages, 6% on types of interest income
Sales and use tax: 7% state tax rate, except food at 5%, 2.75% local option
Excise tax: 6.5% of Tennessee taxable income
Franchise tax: 0.25% of the greater of net worth or real and tangible property (minimum $100)
Inventory tax: None on finished goods inventory.
Professional privilege tax: $400
Unemployment insurance tax: 2.7% of the first $9,000 in wages for new employers
Tennessee is a business-friendly state with one of the nation’s lowest tax burdens. This keeps the cost of doing business
in Nashville at about 84 percent of the national average. Nashville offers a high quality of life in a low-cost business
environment. Because there is no personal income tax, your dollar goes further in Nashville than most cities in America
and throughout the world. With a cost of living 10 percent below the U.S. average and per capita income higher than the
national average, Nashville residents have more disposable income for educational and leisure activities.
Per Capita Income
County
Cheatham
Davidson
Dickson
Maury
Montgomery
Robertson
Rutherford
Sumner
Williamson
Wilson
Tennessee state total
U.S.
$35,594
$51,245
$33,039
$33,464
$41,695
$37,800
$35,113
$39,894
$69,439
$41,288
$39,558
$44,765
Property Tax
County
Cheatham
Davidson (general)
Davidson (urban)
Dickson
Maury
Montgomery
Robertson
Rutherford
Sumner
Williamson
Wilson
Tax rate %
2.78
3.92
4.51
2.90
2.62
2.97
2.96
2.49
2.50
2.31
2.57 Sou
rce:
Ten
nes
see
Com
ptr
olle
r of
th
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easu
ry,
20
14
Sou
rce:
Bu
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of
Eco
nom
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nal
ysis
, 2
01
3
Unemployment Rate %
Source: U.S. Bureau of Labor Statistics
10%
8%
6%
4%
2%
0%
Nashville MSA
Tennessee
United States
2010 2011 2012 2013 2014
FOR MORE INFORMATION:
Economic Development
Courtney Ross
615-743-3079
COST-OF-LIVING INDEXU.S. Average = 100
New York City 222.6
Boston 137.7
San Francisco 167.5
Seattle 126.9
Los Angeles 135.1
Austin 94.6Tampa 92.4
Atlanta 99.6
Nashville 90.2
Indianapolis 93.5
Chicago 116.7
Raleigh 93.3
Charlotte 95.0
Nashville Predators (NHL)
Tennessee Titans (NFL)
Nashville Sounds (MLB)
Nashville Zoo at Grassmere
Nashville Shores
Area farmers’ markets
More than 100 public parks
80 miles of paved trails
56 golf courses
30,000 acres of inland lakes
Ryman Auditorium
Schermerhorn Symphony Center
Tennessee Performing Arts Center
Nashville Ballet
Nashville Opera
Grand Ole Opry
Bridgestone Arena
More than 120 live performance venues
Country Music Hall of Fame & Museum
Frist Center for the Visual Arts
Johnny Cash Museum
Cheekwood Botanical Gardens & Museum of Art
The Parthenon
Tennessee State Museum
CMA Music Festival
Bonnaroo Music and Arts Festival
nashvillechamber.com
Platinum Level Certified: Valley Sustainable Community (TVA)
$9.7 billion music industry impact
More than 600 arts-related non-profits
200 downtown restaurants and bars
7,500 residents live downtown
55,000 people work in downtown core
Source: ACCRA Cost of Living 2014 annual data
Research
Garrett Harper
615-743-3020
nashvillechamber.com/researchcenter
SPORTS & LEISURE
CREATIVE VITALITY
PERFORMING ARTS
MUSEUMS & FESTIVALS