Nashville is certainly a growing city, but this statistic is a bit shocking. According to CNN, over 30,000 people moved to Nashville last year. That breaks down to just over 82 people per day. The population is now at about 1.8 million people and the city grew by nearly 2% last year.
What is Causing all the Growth?
Typically, cities grow because of new job opportunities and Nashville is no different. The healthcare industry is thriving throughout the area along with the music industry. However, another reason the city is growing so fast is the start-up scene.
Business start-ups are very popular today and many companies are finding success in the Music City. Typically its businesses found in the music industry, but lately, it has been many other types of businesses, too. The reason they are so successful in Nashville has to do with the lower cost of living and the lower cost for a startup in the city. Of course, a growing population helps, too.
Really, the biggest growing industry in the city is the healthcare. Nashville is responsible for nearly half of the for-profit hospital beds in the entire country and the industry is growing very fast throughout the city. Many new graduates are trained and ready to enter the field every year and many are coming to Nashville for the job opportunities.
Another reason the city is growing is the cost of living. It's about 14% less than the national average, which makes it easier for new residents to move to the Music City.
Of course, the rich music heritage still draws plenty of new residents to the area. Along with the incredible music scene, the city also holds many events, has professional sports teams and so much more to offer new residents.
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