Official Federal Data
Davidson County, Tennessee
FIPS 47037 · Nashville-Davidson--Murfreesboro--Franklin, TN · Population 715,388
9 Sources
Updated June 22, 2026
$77,853 ▲
Median Income
$80,734 national
3% ▲
Unemployment
4% national
$116.9B ▲
GDP
48.4% ▲
Bachelor's+
35.7% national
Demographics & Population
Census Bureau American Community Survey 2020-2024 · 5-Year Estimates
Household Income
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$77,853 ▲
Per Capita
$50,640 ▲
Mean Household
$113,747 ▲
Poverty Rate
13.9% ▼
Median Income Comparison
Davidson County$77,853
Tennessee$69,595
National$80,734
Population Profile
Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
Cohorts
Under 18 · 20.7%
18-34 · 29.9%
35-54 · 25.7%
55-64 · 10.7%
65+ · 12.9%
Race & Ethnicity
Hispanic or Latino is an ethnic category and overlaps with the race categories above.
Educational Attainment
Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
90.9%
High School+
National: 89.6%
▲ +1.3 pts
48.4%
Bachelor's+
National: 35.7%
▲ +12.7 pts
18.7%
Graduate+
National: 14.1%
▲ +4.6 pts
Employment Overview
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
715,388
Population
421,568
Labor Force
Employed
402,166
Unemployment Rate BLS LAUS 2025 annual
3% ▲ +0.2 pts YoY
Mean Commute 2 min below national avg
24.7 min
Work From Home vs 15.1% national
20.3%
Key Takeaways
- Talent advantage: Bachelor's-or-higher attainment exceeds the national average by 12.7 pts, supports knowledge-economy and tech attraction.
- Young population: Median age of 35 is materially below the U.S. norm, a workforce pipeline asset.
Economy & Industry
Bureau of Labor Statistics QCEW · Bureau of Economic Analysis
Key Takeaways
- Largest sector: Health Care and Social Assistance employs 84,851 workers (21.2% of tracked sectors), at an average wage of $90,711.
- Economic scale: Regional GDP of $116.9B (2024).
- Wage stratification: Finance and Insurance averages $169,358 while Accommodation and Food Services averages $38,682, a 4.4x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration
Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.
Cluster Depth
Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Health Care & Social Assistance Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
40,512
Cluster Employment
2.06x
Peak LQ
Concentrated Sub-Sectors
Funds, Trusts, and Other Financial Vehicles
12.77x 1,524
Performing Arts, Spectator Sports, and Related
4.01x 8,195
Motion Picture and Sound Recording Industries
2.97x 3,788
Apparel Manufacturing
2.96x 826
Air Transportation
2.24x 4,529
Hospitals
2.06x 40,512
Museums, Historical Sites, and Similar
2.01x 1,278
Couriers and Messengers
1.88x 7,476
Scenic and Sightseeing Transportation
1.87x 200
Publishing Industries and Telecommunications
1.76x 5,569
Attraction Opportunities
LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.07x
Crop Production
124 employed
0.09x
Animal Production and Aquaculture
83 employed
0.10x
Paper Manufacturing
119 employed
0.10x
Wholesale Trade Agents and Brokers
160 employed
0.15x
Transportation Equipment Manufacturing
925 employed
0.16x
Electrical Equipment, Appliance Manufacturing
244 employed
0.18x
Primary Metal Manufacturing
231 employed
Key Takeaways
- Top specialization: Funds, Trusts, and Other Financial Vehicles concentrates at 12.77x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
- Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
- Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Housing & Affordability
Census ACS · HUD Fair Market Rents FY2026
Housing Overview
Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$417,400 ▲
Median Home Value vs 2019
$1,582 ▲
Rent/Mo
52.8% ▼
Owner-Occ
9% ▼
Vacancy
5.4x
Home Value to Income Ratio - Stretched
vs. ~4.1x national average
HUD Fair Market Rents
Source: HUD · Fair Market Rents FY2026
Studio
$1,507/mo
1 Bedroom
$1,578/mo
2 Bedroom
$1,730/mo
3 Bedroom
$2,211/mo
4 Bedroom
$2,696/mo
30% of monthly median household income (~$1,946/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
- Stretched market: Home value to income ratio of 5.4x is well above the ~4.1x national average; attainable workforce housing may be a recruitment friction.
- Affordable rent tiers: 3 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,946/mo).
Source: Census ACS housing tables + HUD Fair Market Rents.
Workforce Pipeline
Labor force readiness, commuting, and workforce composition
Labor Market Overview
Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
474,547 ▲
Working Age (18-64) vs 2019
Mean Commute 2 min below national avg
24.7 min
Work From Home vs 15.1% national
20.3%
Prime-Age Employed (25-54)
86.1%
of prime-age population
▲ vs 2019
Education & Talent Pipeline
Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
48.4% ▲
HS Diploma+
90.9% ▲
Regional / Statewide Institutions
Total credentials awarded
26,245/yr
8,049/yr
4,862/yr
4,677/yr
3,604/yr
2,551/yr
2,502/yr
Aging Workforce
Source: Census Bureau ACS · Derived from age & employment tables
16.2%
55-64 of working-age population (18-64)
Workforce by Occupation
Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
50.1%
Service
13.6%
Sales & Office
18.9%
Construction / Maint.
6.5%
Production / Transport
10.9%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 402,166 employed workers.
Key Takeaways
- Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 17,588 annual credentials.
Source: ACS workforce data and College Scorecard.
AI Insights
AI-assisted analysis, drawn from 9 federal data sources
Sample AI Insight
Davidson County shows strong potential for funds, trusts, and other financial vehicles attraction, with a 12.77x concentration and 1,524 jobs in this sub-sector. It ranks in the top decile nationally.
The interconnected base across funds, trusts, and other financial vehicles, performing arts, spectator sports, and related, and motion picture and sound recording industries creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.
Industry Shift Analysis
Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100
Prospect Match Scores
Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
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Data Sources
Updated from official federal government data.
Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23
Frequently Asked Questions
Key economic and demographic figures for Davidson County, Tennessee, from federal data sources.
What is the population of Davidson County, Tennessee?
715,388 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the median household income in Davidson County, Tennessee?
$77,853 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the unemployment rate in Davidson County, Tennessee?
3% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).
What is the GDP of Davidson County, Tennessee?
$116.9B (U.S. Bureau of Economic Analysis, CAGDP1).
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