Average Income in Nashville, TN
About Nashville, Tennessee
Nashville's economy centers on country music entertainment, healthcare, publishing, and growing tech sectors across 19 ZIP codes. The music industry generates income for artists, producers, engineers, and label executives concentrated in the Gulch and Music Valley areas. Healthcare employment is substantial through Vanderbilt University Medical Center and HCA Healthcare headquarters. Publishing and media companies support creative and business professionals. Broadway honky-tonks and tourism drive hospitality jobs with wide income variation. Tennessee's lack of state income tax provides consistent tax advantage for all earners. Downtown revitalization and the Gulch development have attracted venture capital and tech startups, reshaping economic opportunity. Historic neighborhoods like East Nashville attract younger professionals, while areas like South Nashville face affordability challenges. Real estate appreciation has outpaced wage growth in desirable areas, pressuring lower-income renters and first-time buyers.
All 18 ZIP Codes in Nashville, TN
| ZIP Code | Avg AGI ▲ | Returns | National Rank | % Under $25K | % Over $200K |
|---|---|---|---|---|---|
| 37217 | $45,679 | 14,220 | #25,714 | 34.8% | 1.0% |
| 37207 | $53,968 | 19,980 | #22,291 | 33.3% | 2.6% |
| 37218 | $55,450 | 7,100 | #21,445 | 33.0% | 2.4% |
| 37228 | $62,789 | 1,680 | #16,954 | 23.8% | 2.4% |
| 37211 | $63,372 | 35,210 | #16,626 | 29.0% | 3.9% |
| 37210 | $67,689 | 7,540 | #14,153 | 34.2% | 3.2% |
| 37214 | $68,357 | 17,200 | #13,782 | 24.1% | 3.4% |
| 37208 | $81,941 | 10,460 | #8,198 | 26.1% | 6.6% |
| 37216 | $85,958 | 10,010 | #7,128 | 20.4% | 7.8% |
| 37209 | $96,037 | 22,490 | #5,235 | 20.4% | 9.7% |
| 37206 | $114,939 | 14,310 | #3,247 | 22.9% | 12.9% |
| 37219 | $176,108 | 1,340 | #1,206 | 14.9% | 11.9% |
| 37201 | $208,347 | 940 | #801 | 10.6% | 14.9% |
| 37212 | $221,220 | 6,900 | #710 | 21.5% | 21.0% |
| 37203 | $222,649 | 13,340 | #703 | 19.9% | 12.6% |
| 37220 | $320,209 | 3,200 | #327 | 16.6% | 31.3% |
| 37205 | $389,105 | 12,470 | #205 | 17.3% | 32.7% |
| 37215 | $393,601 | 11,950 | #200 | 16.3% | 37.1% |
Nearby Major Cities
Closest cities with 50,000+ tax returns filed, sorted by distance from Nashville.
| City | State | Avg AGI | Returns | ZIPs | Distance |
|---|---|---|---|---|---|
| Murfreesboro | TN | $78,465 | 56,840 | 2 | 28 mi |
| Clarksville | TN | $63,017 | 93,830 | 3 | 39 mi |
| Huntsville | AL | $87,067 | 96,740 | 10 | 100 mi |
| Chattanooga | TN | $88,551 | 76,170 | 13 | 114 mi |
| Evansville | IN | $61,857 | 77,320 | 8 | 135 mi |
| Louisville | KY | $73,230 | 131,160 | 15 | 154 mi |
| Knoxville | TN | $85,647 | 125,390 | 13 | 158 mi |
| Lexington | KY | $86,968 | 143,860 | 14 | 181 mi |
| Birmingham | AL | $51,611 | 65,650 | 16 | 181 mi |
| Canton | GA | $105,141 | 53,520 | 2 | 187 mi |