Buying Foreclosure Homes in Nashville, TN: What You Need to Know
Nashville became the capital of Tennessee in 1843. It claimed an important trading and shipping position due to its river ports and railroad transportation routes. The established manufacturing sector helped attract many businesses, along with new residents.
A thriving publishing industry, along with the release of the Grand Ole Opry, is the foundation of the modern-day Music City, USA. It's no wonder this city has produced countless famous artists such as Tim McGraw, Brad Paisley, Taylor Swift, and Sheryl Crow.
Plentiful Job Opportunities
The Hospitality Industry is vast in Nashville, providing over 70,000 jobs in the city. Construction jobs are growing rapidly as the demand for office space, apartment complexes, and new housing is high. The third fastest-growing sector is the Finance Industry, including banks, insurance companies, and real estate management businesses.
Fortune 500 company headquarters such as Nissan North America HQ, Dollar General Corp, and Tractor Supply are located in the Nashville region. The average annual salary in the city is $51,395 or an hourly rate of $25.
A Diverse Local Population
The Nashville-Davidson balance has an estimated 670,820 residents as of 2019. The diversity of this city includes 63% Whites, 28% African Americans, 10.4% Hispanic or Latinos, and 3.6% Asians. Nashville is also home to the biggest populous of Kurdish residents in the nation.
40% of persons over the age of 25 have a bachelor’s degree or higher. 71% of the population 16 years old and higher make part of the civilian workforce. The average household size is 2.38 persons per home, and the median age is 34.2 years old.
Schools and Education in Nashville
There are 180 Kinder-12th grade public schools in Nashville. According to Niche.com, the best elementary schools with an A+ rating are Rock Springs ES, Jack Anderson ES, and Station Camp ES. Rock Springs Middle School, Meigs Academic Magnet, and Valor Flagship Academy are the top three middle schools with an A- rating. Hume-Fogg Academic Magnet School, Martin Luther King Jr. Magnet High School and Stewarts Creek High School have also been given an A+.
Nashville is also home to Vanderbilt University, a top-notch college with an A+ rating. Other local colleges include Lipscomb University and Belmont University.