NASHVILLE, Tenn. (WTVF) — Nashville has seen a double-digit job growth in the past five years. But with all that growth, how many renters can actually afford to comfortably live here?
According to SmartAsset, residents have to earn at least $64,286 a year to afford a two-bedroom apartment, which is about $1,500 a month.
AUSA Today report says the median household income in the Nashville area is $63,939 -- that includes Davidson County, Murfreesboro and Franklin.
Even though rent prices remain high, Nashville’s job and population growth are booming.
Music City is one of half a dozen metro areas to see an employment growth of 20% or more over the past five years, USA Today reported -- that’s 194,000 more people working in Nashville than in 2014.
Check out how Nashville's income/ two-bedroom rent prices compare to other cities.
On The Rise is NewsChannel 5's new initiative committed to highlighting growth in Middle Tennessee, including the challenges and success stories that growth can bring. Learn more about it here.
