Why Everyone is Moving to Nashville

Why Everyone is Moving to NASHVILLE Nashville is No. 5 on Forbes.com's list of cities Americans are "flocking to." The ranking is based on population change between 2010 and 2014. Travel + Leisure ranked Nashville third on its list of Best American Cities. Nashville placed 11th on REALTOR.com's list of the hottest housing markets for November 2015. Nashville is on Business Insider's list of the hottest American cities for 2016. The Milken Institute has released its 2015 "Best-Performing Cities" index. The Nashville MSA takes the 18th spot. Among big cities nationwide, Nashville has one of the highest rates of millennial entrepreneurs that own small businesses, according to a new study by the Kauffman Foundation. Nashville joins national and international hotspots such as Rome, Bermuda and Thailand as one of 16 destinations in the 2016 edition of the Forbes Travel Guide. In the past five years, technology and computers have added almost 6,500 new jobs, growing from 16,988 in 2010 to 23,400 this year 2015, according to the Nashville Technology Council. POPULATION AND JOB GROWTH Total nonfarm employment in the Nashville metro area rose 21 percent from 2009 to 2015, while the region's population grew by 10 percent since 2010. JOBS POPULATION 903,200 1.84 million 1.81 million 869,600 840,800 1.77 million 810,900 1.74 million 1.70 million 779,400 758,300 1.67 million 745,700 2009 2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015 MIGRATION TO NASHVILLE Between 2010 and 2014, in-migration accounted for 65.4 percent of Nashville's population growth, fifth among the nation's top 25 Metro areas that added more than 100,000 people. Population change (2010 - 2014) Migration % of population Metro area Tampa-St. Petersburg-Clearwater, 132.068 91.2 FL Metro Area Miami-Fort Lauderdale-West Palm 363.520 76.8 Beach, FL Metro Area Orlando-Kissimmee-Sanford, FL 187,012 72.7 Metro Area Austin-Round Rock, Texas Metro 226,996 67 Area Nashville-Davidson--Murfreesboro 121,749 65.4 --Franklin, TN Metro Area TOP 8 FASTEST GROWING COMPANIES IN NASHVILLE Inc.com distinguished the 8 fastest growing, private businesses in Nashville, based on their revenue growth rate between fiscal years 2010 and 2013. 3-Year Growth in 2014 Revenue in Company percentage Million InQuicker 142 Conexess Group 164 13.6 Wildkin 221 6.1 LPS Integration 136 105.2 Advance Financial 175 $74 The Kingston Group 198 $4 Qualifacts Systems 130 20.8 Medi-Copy Services 121 4.1 HEALTHCARE INDUSTRY OF NASHVILLE Nashville's health care industry Nashville's health care industry generates more than $73 | There are nearly 400 healthcare contributes $38.8 billion and billion in revenue globally and companies with operations in more than 250,000 jobs to the more than 500,000 jobs. the Nashville area & another local economy annually. 400 professional service firms (e.g., accounting, architecture, finance, legal) that provide expertise in the health care industry. PROPERTY VALUES IN NASHVILLE The top property value increases from 2013 to 2015 by Metro Council district are: District 7, which includes East Nashville's Inglewood – 27.2 1 percent (median sales price of single-family home: $230,000) District 5, East Nashville's Cleveland Park, west side of Gallatin Pike – 25.6 2 percent (median sales price of single-family home: $200,000) District 17, 12South and Wedgewood Houston – 23.8 percent (median sales price 3 of single-family home: $439,500) District 20, The Nations and parts of West Nashville - 22.9 percent (median 4 sales price of single-family home: $189,950) District 6, East Nashville's Lockeland Springs, Edgefield, Five Points 5 – 21.9 percent. (median sales price of single-family home: $304,600) Sources http://www.tennessean.com/story/opinion/contributors/2015/10/30/nashvilles-thriving-tech-culture-attracts-companies/72757690/ http://www.tennessean.com/story/money/real-estate/2015/08/14/population-gains-key-nashville-job-growth/31509555/ http://www.tennessean.com/story/money/industries/health-care/2015/08/18/how-big-health-cares-economic-impact-nashville-388b/31564125/ http://healthcarecouncil.com/nashville-health-care-industry/ http://www.tennessean.com/story/news/2015/11/22/nashville-property-values-increasing-historic-clip/76111386/ http://www.nashvillesmls.com/blog/business-insider-adds-nashville-to-list-of-13-hottest-us-cities-for-2016.html http://www.arxllc.com/healthcare-industry-contributes-30-billion-to-nashville-economy/ http://www.tennessean.com/interactive/31530147/ http://www.inc.com/zoe-henry/10-fastest-growing-companies-in-nashville.html moveon. http://www.livability.com/tn/nashville