Davidson County, Tennessee
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Davidson County Compares
Detailed Income Statistics
Income Advisory: Davidson County
Income Verdict
Davidson County has a median household income of $75,664 and per capita income of $48,394 — a gap of $27,270, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $1,485/month and a median household income of $75,664, rent consumes approximately 23.6% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $75,664 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $48,394 reflects a relatively affluent population with substantial individual earning capacity.
Neighbor Context
Davidson County earns approximately 28.3% above the Tennessee state median household income of $58,994, positioning it favorably within the state.
Data Story
About Household Income in Davidson County, Tennessee
Davidson County earns above the national average
Davidson County's median household income of $75,664 exceeds the national median of $74,755 by roughly $900, placing it in the upper tier of American counties. This achievement reflects Nashville's status as a major metropolitan economic hub.
Tennessee's top earner among major counties
Davidson County's $75,664 median household income substantially outpaces Tennessee's state average of $58,994—28% higher. The county ranks among the state's highest-income communities, driven by Nashville's diverse economy and urban wage premiums.
Significantly outearning surrounding rural counties
Davidson's $75,664 far exceeds Dickson ($73,223), Cumberland ($58,475), and Crockett ($59,049) counties. This income premium reflects Nashville's urban advantage and the concentration of professional, service, and creative-sector jobs unavailable in neighboring rural areas.
Higher incomes offset higher housing costs
Davidson County's 23.6% rent-to-income ratio is notably elevated, reflecting median home values of $386,600—the highest among comparison counties. However, the above-average household income of $75,664 provides the earning power to sustain these housing costs despite the burden.
Urban incomes require strategic wealth planning
Davidson County residents earn above-average incomes but face above-average housing costs that can erode savings potential. Prioritize automating contributions to retirement accounts and investment portfolios to ensure wealth accumulates despite higher cost-of-living pressures.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Davidson County median
County median: $75,664 per year
vs. County Median
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vs. State Average
+28%
vs. National Median
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Income Adequacy
Your monthly income ($6,305) vs. median rent ($1,485/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.