Davidson County, Tennessee: commercial real estate data.
Davidson County, Tennessee had an estimated 729,505 residents on July 1, 2024, up 1.9 percent since the 2020 census base of 715,884, across 504 square miles. County output reached $116.88 bn in 2024, 22,122 establishments operate here, and the SBA record carries 859 7(a) approvals worth $474.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Davidson County
How many people live in Davidson County
- Population, American Community Survey 2020-2024715,388
- Households324,907
- Average household size2.20
- Median household income$77,853
- Median age34.6
- Median gross rent$1,582 per month
- Median owner-occupied home value$417,400
- Home value to household income5.4 times
- Annual rent as a share of median income24.4 percent
- Adults 25 and over with a bachelor degree or higher48.4 percent
- Adults 25 and over with a graduate degree18.7 percent
- Adults 25 and over497,686
- Population under 18148,391
- Share under 1820.7 percent
- Population 65 and over92,450
- Share 65 and over12.9 percent
- Working age population, 18 to 64474,547
- Civilian labor force421,061
- Unemployment rate4.5 percent
- Labor force participation, adults 18 and over74.3 percent
- Rank by population among Tennessee counties2nd of 95
- Rank by population among US county-equivalents, Puerto Rico included94th of 3,222
Davidson County is the 2nd largest of 95 Tennessee counties by population. A median home costs 5.4 times median household income, which is severely unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 20.7 percent against 12.9 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Davidson County
Is Davidson County's population growing?
- Population, July 1, 2024729,505
- Census 2020 base population715,884
- Population change since the 2020 census base1.90 percent
- Population change, 2023 to 202410,413
- Births, 202410,197
- Deaths, 20245,758
- Natural change, 20244,439
- Net domestic migration, 2024-2,741
- Net international migration, 20248,789
- Total net migration, 20246,048
- Cumulative net domestic migration, 2021 to 2024-24,642
- Rank by growth among US county-equivalents1202nd of 3,144
The county has grown 1.90 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Davidson County
Where are people moving to Davidson County from?
- Tax returns filed by households arriving30,425
- People arriving, from those returns43,240
- Tax returns filed by households leaving30,386
- Net household movement39
- Adjusted gross income arriving$2.94 bn
- Net adjusted gross income movement$258.1 m
- Average income of an arriving household$96,633
- Average income of a leaving household$88,261
- Largest single originRutherford County (2,180 households)
- Largest single destinationRutherford County (3,442 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Rutherford County | 2,180 | 3,421 | $99.7 m |
| Williamson County | 1,934 | 3,000 | $241.8 m |
| Sumner County | 1,253 | 1,972 | $97.3 m |
| Wilson County | 983 | 1,498 | $62.5 m |
| Los Angeles County | 704 | 1,037 | $164.5 m |
| Montgomery County | 665 | 1,080 | $45.4 m |
| Cook County | 580 | 790 | $77.0 m |
| Shelby County | 560 | 837 | $36.6 m |
Households arriving report $8,372 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Rutherford County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Davidson County
What is the Davidson County economy?
- County GDP, 2024$116.88 bn
- County GDP, 2023$108.44 bn
- GDP change, 2023 to 20247.8 percent
- GDP change over five years53.9 percent
- Rank by GDP among the Tennessee areas BEA publishes1st of 95
- Rank by GDP among the US county areas BEA publishes50th of 3,127
- GDP per resident$163,378
Output grew 7.8 percent in the latest year and 53.9 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Davidson County
Employment by industry in Davidson County
- Covered employment, annual average555,405
- Establishments reporting34,919
- Average annual pay$83,096
- Average weekly wage$1,598
- Health care and social assistance, employment87,318
- Health care and social assistance, average annual pay$86,091
- Accommodation and food services, employment58,936
- Accommodation and food services, average annual pay$37,430
- Administrative and support and waste management services, employment44,748
- Administrative and support and waste management services, average annual pay$55,260
- Professional, scientific and technical services, employment44,341
- Professional, scientific and technical services, average annual pay$131,252
- Retail trade, employment42,389
- Construction, employment31,213
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 87,318 | 3,021 | $86,091 |
| Accommodation and food services | 58,936 | 2,639 | $37,430 |
| Administrative and support and waste management services | 44,748 | 2,237 | $55,260 |
| Professional, scientific and technical services | 44,341 | 5,832 | $131,252 |
| Retail trade | 42,389 | 3,130 | $50,367 |
| Construction | 31,213 | 2,017 | $89,451 |
| Transportation and warehousing | 30,355 | 841 | $69,380 |
| Wholesale trade | 23,421 | 2,306 | $98,408 |
Health care and social assistance is the largest private sector at 87,318 jobs, 15.7 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Davidson County
How many businesses are in Davidson County?
- Establishments, all industries22,122
- Employment at those establishments526,927
- Annual payroll$38.66 bn
- Establishments per 1,000 residents30.9
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Davidson County
Building permits in Davidson County
- Housing units authorized by permit, 20246,880
- Declared construction value permitted$1.34 bn
- Single family units authorized2,722
- Multifamily units authorized4,158
- Multifamily share of units60.4 percent
- Average declared value per unit$194,573
- Units authorized per 1,000 households21.2
Multifamily is 60.4 percent of units authorized, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Davidson County
SBA loans in Davidson County (7(a) and 504)
- 7(a) approvals recorded859
- 7(a) gross approval dollars$474.2 m
- Average 7(a) approval$551,981
- Median 7(a) approval$250,000
- 10th percentile approval$34,000
- 90th percentile approval$1,443,800
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)10,510
- Jobs per approval12.2
- Distinct 7(a) lenders active116
- Distinct industries receiving approvals250
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer8.1 percent
- Loans on real estate terms70
- Loans on working capital terms, 120 months or shorter702
- Franchise loans165
- Franchise share of approvals19.2 percent
- Leading industry by approval countFull-Service Restaurants (48)
- Most active lenderU.S. Bank, National Association (123)
- 504 approvals recorded61
- 504 gross approval dollars$71.4 m
- Average 504 approval$1,171,049
- Median 504 approval$567,000
- Distinct CDCs active7
- 504 jobs per approval14.6
- 504 jobs per million dollars approved12.5
- Most active CDCMid-Cumberland Area Development Corporation (27)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$545.6 m
The average approval of $551,981 sits well above the median of $250,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 8.1 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Davidson County
SBA loan default and charge-off rates in Davidson County
Do SBA loans in Davidson County get paid back?
- Loans with a final outcome recorded138
- Paid in full128
- Charged off10
- Charge-off rate on resolved loans7.2 percent
- Status: Exempt from disclosure546
- Status: Paid in full128
- Status: Cancelled129
- Status: Charged off10
- Status: Committed, not yet disbursed46
Of the 138 loans that have reached a final outcome, 7.2 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Davidson County
SBA lending by place in Davidson County
- Borrower cities with recorded lending20
- Nashville, approvals680
- Antioch, approvals42
- Hermitage, approvals41
- Madison, approvals27
- Goodlettsville, approvals21
- Old Hickory, approvals17
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Nashville | 680 | $405,380,300 |
| Antioch | 42 | $15,094,000 |
| Hermitage | 41 | $13,243,100 |
| Madison | 27 | $10,175,200 |
| Goodlettsville | 21 | $5,836,500 |
| Old Hickory | 17 | $9,084,900 |
| Brentwood | 10 | $2,249,900 |
| Franklin | 4 | $3,405,800 |
| 12 other borrower cities | 17 | $9,682,100 |
Nashville accounts for 680 approvals against 42 in Antioch. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Davidson County
How large is Davidson County?
- Land area504 sq mi
- Rank by land area among Tennessee counties37th of 95
- Width, east to west30.1 mi
- Height, north to south30.2 mi
- Geographies sharing a boundary6
- Residents per square mile of land1,419
- Establishments per square mile43.89
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Davidson County
Flood risk in Davidson County
- Communities in the county in the NFIP Community Status Book7
- Of those, participating in the NFIP7
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 8
- Communities carrying a CRS class1
- Radon levels in Davidson County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The EPA places Davidson County in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 8, which carries a flood insurance premium discount for policies written in that community. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Davidson County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Davidson County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-2024715,388
- Households324,907
- Average household size2.20
- Median household income$77,853
- Median age34.6
Common questions
Davidson County questions, answered from the record.
How many people live in Davidson County, Tennessee?
The Census Bureau estimates 729,505 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 715,388, in 324,907 households, ranking 2nd of 95 Tennessee counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Davidson County's population growing?
The population has grown 1.90 percent since the 2020 census base of 715,884, to 729,505 on July 1, 2024. In 2024 there were 10,197 births against 5,758 deaths, with net migration of 6,048. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Davidson County?
$77,853. The median owner-occupied home is valued at $417,400, which is 5.4 times income, and median gross rent is $1,582 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Davidson County?
22,122 establishments, employing 526,927 people with an annual payroll of $38.66 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Davidson County?
Health care and social assistance is the largest private sector at 87,318 jobs, 15.7 percent of covered employment. Covered employment averages 555,405 jobs at an average annual pay of $83,096, or $1,598 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Davidson County?
859 7(a) approvals totaling $474.2 m since FY2020, across 116 lenders, with a median approval of $250,000, plus 61 504 approvals worth $71.4 m since FY2010. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Davidson County get paid back?
Of the 138 loans that have reached a final outcome, 128 were paid in full and 10 charged off, a charge-off rate of 7.2 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Davidson County?
6,880 housing units were authorized by permit in 2024, with a declared construction value of $1.34 bn. Multifamily was 60.4 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Davidson County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Davidson County come from?
The largest single origin is Rutherford County, with 2,180 households. Arriving households report an average income of $96,633 against $88,261 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Davidson County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Davidson County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Davidson County
Cities and places in Davidson.
6 Census places lie wholly or partly in Davidson County. All 6 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Goodlettsville | city | 17,597 | 21 | 45.5 percent here, 54.5 percent Sumner County |
| Forest Hills | city | 4,683 | None recorded | Wholly in this county |
| Oak Hill | city | 4,617 | None recorded | Wholly in this county |
| Belle Meade | city | 2,708 | None recorded | Wholly in this county |
| Ridgetop | city | 1,995 | None recorded | 9.7 percent here, 90.3 percent Robertson County |
| Berry Hill | city | 1,980 | None recorded | Wholly in this county |
A further 838 of the county's 859 SBA 7(a) approvals are to borrowers in cities that match no Census place in Davidson County, the largest being Nashville (680), Antioch (42), Hermitage (41). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby