Davidson County
Tennessee · Pop. 715,884
Ranked #131 of 200 counties
36Crisis
Median Home Price
🏠$400K
4.5% YoY
Median Rent
🔑$1,650
Median Income
💰$62K
Rent Burden
📊33.0%
% of income to rent
Housing Shortage
🏗️18,000
estimated unit deficit
Building Permits (2024)
📋8,500
Price-to-Income Ratio
⚖️6.5x
Homeownership Rate
🏡52.5%
How Davidson County Compares
| Metric | Davidson County | Tennessee | National |
|---|---|---|---|
| Home Price | $400K | $307K | $410K |
| Rent | $1,650 | $1,214 | $1,500 |
| Income | $62K | $68K | $75K |
| Rent Burden | 33.0% | 30.5% | 30.0% |
| Homeownership | 52.5% | 67.0% | 65.0% |
Key Takeaways
- • Home prices are 2% below the national average.
- • Rent is 10% above the national average.
- • The county has an estimated housing shortage of 18,000 units.
- • 8,500 building permits were issued in 2024.
- • Year-over-year home prices changed by 4.5%.