NAICS 51

Information in Nashville-Davidson--Murfreesboro--Franklin, TN

Metro Market Score 59.9 (Challenging), ranked #237 of 294 metros. 4,788 establishments, 28,119 jobs.

Metro Market Assessment

Metro Market Score 59.9
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

Lower is better. Relative to national information average.

💰High-Cost Market

Market conditions for information in Nashville-Davidson--Murfreesboro--Franklin are tougher than average. The 59.9 market score reflects a combination of high labor costs, mixed growth signals, and an already crowded field. Rank: #237 of 294 metros.

Industry Concentration
95.6
LQ: 1.37
Rank #281 of 294 metros
Wage Competitiveness
89.5
$129,568 avg wage
Growth Trend
74.2
Employment growth index
Rank #77 of 294 metros
Wage Pressure
29.3
YoY wage change index

4,788 Information Firms in Nashville-Davidson--Murfreesboro--Franklin

4,788
Establishments
+3.4% YoY
28,119
Total Employment
+0.3% YoY
$129,568
Average Annual Wage
+13.3% YoY
1.37
Location Quotient
Above national avg

Nashville-Davidson--Murfreesboro--Franklin vs Tennessee Statewide

How this metro's information market compares to Tennessee overall. The state ranks #37/51 for entry risk.

Measure Nashville-Davidson--Murfreesboro--Franklin TN Statewide
Overall Score 59.9 Challenging 48.1 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #237 of 294 metros #37 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Nashville-Davidson--Murfreesboro--Franklin

Information in Other Tennessee Metros

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Nashville-Davidson--Murfreesboro--Franklin's information sector, the industry concentration component (95.6) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Data period: 2024. Last updated: April 2026.