Nashville Servicing the State of Tennessee with Staffing & Consulting Solutions

Nashville is a hub for business and talent. According to the Nashville Area Chamber of Commerce, the city’s GDP grew by an impressive 8.5% in 2023. This spike is driven by a number of factors, making Nashville an appealing location for firms to establish a presence and individuals to begin their careers.

The healthcare industry in Nashville is a major contributor to the city’s development. As mentioned in the Nashville Health Care Council’s 2023 study, the city has over 560 healthcare businesses that employ a major share of the workforce. This not only opens up several prospects in the medical profession, but also nurtures a robust research and development environment, attracting top personnel from a variety of scientific disciplines.

Nashville not only excels in healthcare but also boasts a thriving tech sector. The city is home to major corporations like Ingram Industries and AllianceBernstein, as listed in the “Fortune 500 companies in Nashville, TN.” This tech expansion attracts a young, highly educated demographic, creating a dynamic and innovative environment, described in a 2022 study on Nashville’s tech industry by the Brookings Institution. 

Taxes also contribute to Nashville’s appeal as a prime business and employment hub. Tennessee maintains a relatively low business tax rate of 6.5%, below the national average of 9.3%, according to the Tax Foundation – Business Tax Climate Index. Furthermore, the state has low personal income tax, making it an enticing choice for individuals aiming to maximize their net income. This information was reported by the Tennessee Department of Revenue – Individual Income Tax.

Nashville has a strong talent pool because of prestigious universities such as Vanderbilt University and Belmont University, which produce qualified graduates year after year. This ensures that employers have access to a qualified workforce ready to help them succeed, as noted in the Nashville Public Education Foundation’s 2023 study.

Nashville’s current crime rates are lower than the national average, giving residents a sense of safety and security, according to an FBI Uniform Crime Reporting Program report for 2024. This creates a beneficial climate for both enterprises and residents. Nashville has a robust network of public and private schools. The city also has a diverse religious landscape including places of worship for most major faiths, adding to its cultural richness.