Nashville-Davidson metropolitan government (balance)

As of today, the 30-year fixed mortgage rate for Nashville-Davidson metropolitan government (balance) is approximately 6.833% (6.872% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

The median home value in Nashville-Davidson metropolitan government (balance) is $469k. The median monthly rent is $1,629. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Home values in Nashville-Davidson metropolitan government (balance) have increased 15.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

Based on a typical all-in ownership cost of $1,575/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $68k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Nashville-Davidson metropolitan government (balance) is $83k/year.

The largest employment sectors in Nashville-Davidson metropolitan government (balance) are public administration (24%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.