Net Worth Percentile in Nashville

Your national net worth ranking uses Federal Reserve SCF data and is the same wherever you live. But Nashville’s cost of living is 5% above the national average (COL index: 105), which changes what your net worth actually buys.

Purchasing power in Nashville

National median (ages 45-54) ($248K)3.2 yrs of expenses
$1M net worth ($1.0M)13.1 yrs of expenses
$2M net worth ($2.0M)26.1 yrs of expenses
$5M net worth ($5.0M)65.3 yrs of expenses

Based on BLS 2023 Consumer Expenditure Survey ($76,615/yr in Nashville).

Nashville — key figures

Cost of living index105 (US avg = 100)
Median home price$440,000
Median household income$65,530

Calculate your net worth rank

Total assets (home equity, investments, retirement, savings) minus total debts (mortgage, loans, credit cards). Negative values are fine.

Frequently asked questions

What net worth puts you in the top 10% in Nashville?

Nationally, the top 10% of Americans ages 45-54 have a net worth of roughly $1.7M or more. In Nashville, where cost of living is 5% above the national average (COL index: 105), that $1.7M covers approximately 22.2 years of living expenses compared to 23.3 years at the national average.

How does Nashville's cost of living affect my net worth ranking?

Nashville has a cost of living index of 105 (US average = 100). Your national percentile ranking uses Federal Reserve SCF data and is the same regardless of where you live. But your purchasing power differs: $1M in Nashville covers 13.1 years of average living expenses, versus 13.7 years at the national average.

What is the median household income in Nashville?

The median household income in Nashville is $65,530 per year. The national median household income is approximately $74,580 (Census ACS 2023).

What is the median home price in Nashville?

The median home sale price in Nashville metro area is approximately $440,000 (2024). For a household with $500K in net worth, that represents 114% of the median home price.

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