Property List - Norada Real Estate Investments

Nashville, Tennessee

Capital and most populous city in Tennessee

Nashville is a very large city located in the state of Tennessee. With a population of 670,820 people and 151 constituent neighborhoods, Nashville is the second largest community in Tennessee.

Nashville real estate is some of the most expensive in Tennessee, although Nashville house values don't compare to the most expensive real estate in the U.S.

Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Nashville is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Nashville is a city of professionals, sales and office workers, and service providers. There are especially a lot of people living in Nashville who work in office and administrative support (11.47%), management occupations (10.11%), and sales jobs (9.99%).

Of important note, Nashville is also a city of artists. Nashville has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Nashville’s character.

Also of interest is that Nashville has more people living here who work in computers and math than 95% of the places in the US.

Nashville is one of the most attractive larger cities for people who are young, single, educated, and upwardly-mobile career starters. This makes it a good place to live for young singles in their 20s and 30s and who have undergraduate or graduate degrees and are starting their professional careers. Although Nashville is a large city, this demographic is significant enough that young professionals will find many others like themselves here, with really good opportunities for friendships, recreation, romance, and more.

Of the large cities in America, Nashville is one of the most car-oriented. This is reflected in the urban landscape, which features highways, wide streets, parking lots, and shopping centers of all sizes. It is also reflected in the statistics: 83.05% of people in Nashville drive to work in their own car everyday, most often alone. So, if you're going to live in Nashville, you'll need to learn to love driving. Alternative forms of transportation aren't very widely used or supported.

The education level of Nashville ranks among the highest in the nation. Of the 25-and-older adult population in Nashville, 41.14% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.

The per capita income in Nashville in 2018 was $35,243, which is wealthy relative to Tennessee, and upper middle income relative to the rest of the US. This equates to an annual income of $140,972 for a family of four. However, Nashville contains both very wealthy and poor people as well.

Nashville is an extremely ethnically-diverse city. The people who call Nashville home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Nashville residents report their race to be White, followed by Black or African-American. Nashville also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.50% of the city’s residents. Important ancestries of people in Nashville include German, Irish, English, African, and Italian.

The most common language spoken in Nashville is English. Other important languages spoken here include Spanish and Arabic.

Nashville APPRECIATION RATE

TIME PERIOD TOTAL APPRECIATION AVG. ANNUAL RATE COMPARED TO State* COMPARED TO AMERICA*
Latest Quarter:
2023 Q3-2023 Q4
0.00% 0.00%
Last 12 Months:
2022 Q4-2023 Q4
0.00% 0.00%
Last 2 Years:
2021 Q4-2023 Q4
0.00% 0.00%
Last 5 Years:
2018 Q4-2023 Q4
0.00% 0.00%
Last 10 Years:
2013 Q4-2023 Q4
0.00% 0.00%
Since 2000: Q1-2023 Q4 0.00% 0.00%
*10 is the highest


RENT & OWNERSHIP

HOME OWNERSHIP RATE


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Dedicated to all investors who want the very best deals!

The advantages of income-generating real estate.
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