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 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

Within Tennessee

#5 of 5

information metros in state

Tennessee state rank

#37 of 51

for information entry risk

vs State Median

+21.2

worse than median (38.7)

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

Retail Trade 50.3 Other Services 53.8

Information in Other Tennessee Metros

Cleveland 20.5 #23/294 Morristown 36.9 #98/294 Kingsport-Bristol 38.7 #104/294 Chattanooga 51.3 #197/294

Information Metros With Similar Conditions

Metros within 5 points of Nashville-Davidson--Murfreesboro--Franklin's 59.9 score. Useful when comparing markets with comparable entry profiles.

Waterbury-Shelton, CT 59.9 #238/294 Monroe, LA 60.0 #239/294 Sacramento-Roseville-Folsom, CA 59.7 #235/294 Provo-Orem-Lehi, UT 59.7 #236/294 Oxnard-Thousand Oaks-Ventura, CA 59.6 #234/294 Eugene-Springfield, OR 59.5 #233/294 Akron, OH 60.9 #240/294 Madison, WI 58.8 #232/294 San Luis Obispo-Paso Robles, CA 58.7 #231/294 Spokane-Spokane Valley, WA 58.7 #230/294

Information in States Bordering Tennessee

State-level entry risk for information in adjacent states. Use this to weigh cross-border options.

Arkansas 30.0 #2/51 Alabama 32.1 #5/51 Kentucky 32.6 #6/51 Virginia 36.2 #9/51 Missouri 36.8 #10/51 Mississippi 43.1 #23/51 North Carolina 45.3 #28/51 Georgia 48.9 #39/51

Browse Information in Other States

State-level entry risk reports for information across all 51 markets, sorted by rank.

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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Nashville-Davidson--Murfreesboro--Franklin, TN MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment