{"id":65672,"date":"2019-05-06T08:38:46","date_gmt":"2019-05-06T15:38:46","guid":{"rendered":"https:\/\/redfindevelop.wpengine.com\/blog\/?p=65672"},"modified":"2020-10-06T12:58:36","modified_gmt":"2020-10-06T19:58:36","slug":"nashville-housing-affordability-by-occupation","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/nashville-housing-affordability-by-occupation\/","title":{"rendered":"Just 10% of Nashville Homes Are Affordable to Local Musicians, Down From 50% Five Years Ago"},"content":{"rendered":"<p><i><span style=\"font-weight: 400;\">The city\u2019s $500 million commitment to affordable housing<\/span><\/i><i><span style=\"font-weight: 400;\">\u2014<\/span><\/i><i><span style=\"font-weight: 400;\">along with a request for $250 million from the private sector<\/span><\/i><i><span style=\"font-weight: 400;\">\u2014<\/span><\/i><i><span style=\"font-weight: 400;\">is aiming to help combat the housing affordability crisis in Nashville for all of its residents. <\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Just 10.1 percent of homes for sale in <\/span><a href=\"https:\/\/redfin.com\/city\/13415\/TN\/Nashville\"><span style=\"font-weight: 400;\">Nashville<\/span><\/a><span style=\"font-weight: 400;\"> are affordable for a typical local musician, compared with 60 percent for a computer engineer.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For the musicians that give Music City its name, housing affordability has drastically declined since March 2014, when half of for-sale homes were affordable on the average income for entertainers and performers. The portion of affordable homes has also fallen for Nashville residents who earn the median income, from 33.8 percent five years ago to just over 10 percent now. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is according to a Redfin analysis of historical housing affordability in Nashville by occupation. See the interactive chart below for the share of homes sold in any given month that were affordable in Nashville for dozens of different occupations since the beginning of 2014.<\/span><\/p>\n<div id=\"viz1556904368953\" class=\"tableauPlaceholder\" style=\"position: relative;\"><noscript><a href='#'><img alt=' ' src='https:&#47;&#47;public.tableau.com&#47;static&#47;images&#47;Na&#47;NashvilleHistoricAffordabilitybyOccupation&#47;Affordability&#47;1_rss.png' style='border: none' \/><\/a><\/noscript><object class=\"tableauViz\" style=\"display: none;\" width=\"300\" height=\"150\"><param name=\"host_url\" value=\"https%3A%2F%2Fpublic.tableau.com%2F\" \/><param name=\"embed_code_version\" value=\"3\" \/><param name=\"site_root\" value=\"\" \/><param name=\"name\" value=\"NashvilleHistoricAffordabilitybyOccupation\/Affordability\" \/><param name=\"tabs\" value=\"no\" \/><param name=\"toolbar\" value=\"yes\" \/><param name=\"static_image\" value=\"https:\/\/public.tableau.com\/static\/images\/Na\/NashvilleHistoricAffordabilitybyOccupation\/Affordability\/1.png\" \/><param name=\"animate_transition\" value=\"yes\" \/><param name=\"display_static_image\" value=\"yes\" \/><param name=\"display_spinner\" value=\"yes\" \/><param name=\"display_overlay\" value=\"yes\" \/><param name=\"display_count\" value=\"yes\" \/><param name=\"filter\" value=\"publish=yes\" \/><\/object><\/div>\n<p><script type='text\/javascript'>                    var divElement = document.getElementById('viz1556904368953');                    var vizElement = divElement.getElementsByTagName('object')[0];                    vizElement.style.width='1200px';vizElement.style.height='827px';                    var scriptElement = document.createElement('script');                    scriptElement.src = 'https:\/\/public.tableau.com\/javascripts\/api\/viz_v1.js';                    vizElement.parentNode.insertBefore(scriptElement, vizElement);                <\/script><\/p>\n<p><span style=\"font-weight: 400;\">Another reason why local Nashville residents are finding it more and more difficult to afford homes is the \u201cGarth Brooks and Taylor Swift effect,\u201d according to Matt Wiltshire, the director of the Nashville Mayor\u2019s Office of Economic and Community Development. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThe things that have been attractive about Nashville at its core, like no state income tax and a convenient location at the intersection of three interstates, have been attractive for a long time,\u201d Wiltshire said. \u201cBut when country music crossed over to the mainstream about 10 years ago, Nashville became an acceptable place to move for a wider swath of people.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On <a href=\"https:\/\/redfin.com\/\">Redfin.com<\/a>, 28.6 percent of searches for homes in Nashville in the first quarter of 2019 were from users outside the metro, down slightly from 32.2 percent a year earlier.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cAnd at the same time, companies started to realize what Nashville has to offer,\u201d Wiltshire continued. \u201cBusinesses realized there are tens of thousands of college graduates entering Nashville\u2019s job scene each year, and all of a sudden, they\u2019re opening offices here and we have significant population growth. And housing supply has not kept up.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The typical home in Nashville sold for $289,000 in March. That\u2019s up 2.9 percent year over year and up 65.7 percent from $190,000 five years ago. <\/span><\/p>\n<p><b>The Local Government\u2019s Commitment to Affordable Housing<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Earlier this year, the city of Nashville announced a<\/span><a href=\"https:\/\/www.underoneroof2029.com\/\"> <span style=\"font-weight: 400;\">$500 million commitment to affordable housing<\/span><\/a><span style=\"font-weight: 400;\">, shining a renewed light on the issue. The initiative, known as Under One Roof 2029, is designed to create at least 10,000 affordable housing units, which will be a mix of rental and for-sale units, in the next 10 years.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Of the $500 million from the city, $350 million will go to the city\u2019s Metropolitan Development and Housing Agency (MDHA), part of which will be used to pay for roughly 1,000 \u201cdeeply affordable\u201d units. Under the new plan, a Nashville family that earns 30 percent or less of the median household income for the area\u2014with the median income being <\/span><a href=\"https:\/\/www.tennessean.com\/story\/news\/2019\/03\/29\/nashville-affordable-housing-plan-under-one-roof\/3279344002\/\"><span style=\"font-weight: 400;\">$74,900 for a family of four<\/span><\/a><span style=\"font-weight: 400;\">\u2014would qualify for deeply affordable housing, the most heavily subsidized option. Currently, 53 Nashville homes for sale\u2014less than 1 percent\u2014are<\/span><a href=\"https:\/\/redfin.com\/blog\/data-center\/\"> <span style=\"font-weight: 400;\">affordable for families earning $22,470<\/span><\/a><span style=\"font-weight: 400;\">, 30 percent of the median income. Although the homes added to this bucket through Nashville\u2019s commitment will be rentals, it will put an additional 1,000 units within reach for low earners. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">A family that earns between 30 percent and 80 percent of Nashville\u2019s median household income\u2014$22,470 to $59,920\u2014would qualify for \u201caffordable\u201d housing. For a household earning $41,000, roughly the midpoint between those incomes and typical for a musician in Nashville, just 8.4 percent (600 homes) of for-sale homes are affordable. The city\u2019s initiative would add thousands of units, both rentals and for-sale homes, to the supply of affordable homes for this group. With companies like Amazon, Lyft and Apple <\/span><a href=\"https:\/\/redfin.com\/blog\/housing-market-trends-new-tech-hubs-map\/\"><span style=\"font-weight: 400;\">ramping up hiring in Nashville<\/span><\/a><span style=\"font-weight: 400;\">, proactively upping the share of affordable homes could help keep local families in a lower income bracket from being pushed farther from the city center. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The initiative also earmarks funds for \u201cworkforce\u201d housing, meant for households earning 80 to 120 percent of the median income for the area, and \u201cmarket-rate\u201d housing, meant for families earning more than that. For families earning the median income, $74,900, 54.3 percent (3,900 homes) of homes for sale in Nashville are affordable. With the money going into workforce housing, thousands of homes will be added to this bucket. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cIt\u2019s commendable that the city of Nashville is investing so heavily into building more housing units for people of all different income levels,\u201d said Redfin <\/span><a href=\"https:\/\/redfin.com\/blog\/author\/darylfairweather\/\"><span style=\"font-weight: 400;\">chief economist Daryl Fairweather<\/span><\/a><span style=\"font-weight: 400;\">. \u201cA lack of housing pushes up prices for everyone, and it&#8217;s usually the people with the lowest incomes who suffer the most. But if Nashville had only focused on low-income housing, you would still have the problem of high earners displacing middle earners. So it\u2019s wise that Nashville is building housing for all different income levels.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition to $500 million provided for the initiative by the city of Nashville, the local government is challenging the private sector to provide another $250 million, which could look similar to<\/span><a href=\"https:\/\/redfin.com\/blog\/microsoft-housing-pledge-affordability-redmond-engineers\/\"> <span style=\"font-weight: 400;\">Microsoft\u2019s recent commitment to affordable housing<\/span><\/a><span style=\"font-weight: 400;\"> in the Seattle area.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWhile wages for the average Nashville resident have gone up in the last decade, they definitely haven\u2019t gone up as quickly as housing costs. Even for folks making 100 percent or 120 percent of the area\u2019s median income, housing in Nashville is less affordable than it was a decade ago,\u201d Wiltshire said. \u201cThe last part of the plan, the $250 million challenge to the private sector to make donations or invest in some other way in affordable housing, is meant to help those folks. It\u2019s important as a piece financially, but it\u2019s also symbolically important. The private sector can help.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In an area where affordability has declined significantly for residents at nearly every income level, an ambitious plan that vows to create thousands of new affordable units is necessary, though it remains to be seen whether the initiative will keep up with Nashville\u2019s growth. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cFor many locals who love the city they grew up in but can\u2019t afford to purchase a home there, Nashville\u2019s financial commitment to affordable housing is a step in the right direction and a signal that they will hopefully be able to achieve their goal of homeownership,\u201d said local agent <\/span><a href=\"https:\/\/redfin.com\/real-estate-agents\/scott-mosley\"><span style=\"font-weight: 400;\">Scott Mosley<\/span><\/a><span style=\"font-weight: 400;\">. <\/span><\/p>\n<p><b>Notes on Methodology <\/b><\/p>\n<p><span style=\"font-weight: 400;\">Using <\/span><a href=\"https:\/\/www.bls.gov\/oes\/tables.htm\"><span style=\"font-weight: 400;\">employment data from the Bureau of Labor Statistics<\/span><\/a><span style=\"font-weight: 400;\">, we calculated the average of median salaries for individuals in certain occupations in the Nashville metro area.<\/span><span style=\"font-weight: 400;\"> Historical income data is available through December 2018. For January through March 2019, we projected income for occupations using year-over-year growth from 2017 to 2018 and applying that same growth rate from 2018 to 2019.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For musicians in Nashville, just 10% of homes are affordable. The city\u2019s $500M commitment to affordable housing\u2014along with a request for $250 million from the private sector\u2014is aiming to change that. <\/p>\n","protected":false},"author":13153,"featured_media":65673,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[27,8],"tags":[32],"dashboard":[],"coauthors":[],"class_list":["post-65672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-affordability","category-housing-market-news","tag-housing-market-tracker"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Historic Housing Affordability in Nashville By Occupation<\/title>\n<meta name=\"description\" content=\"For residents earning the median income in Nashville, 10% of homes are affordable. The city\u2019s $500M commitment to affordable housing is aiming to change that.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.redfin.com\/news\/nashville-housing-affordability-by-occupation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Just 10% of Nashville Homes Are Affordable to Local Musicians, Down From 50% Five Years Ago\" \/>\n<meta property=\"og:description\" content=\"For residents earning the median income in Nashville, 10% of homes are affordable. The city\u2019s $500M commitment to affordable housing is aiming to change that.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.redfin.com\/news\/nashville-housing-affordability-by-occupation\/\" \/>\n<meta property=\"og:site_name\" content=\"Redfin Real Estate News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/redfin\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-06T15:38:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-10-06T19:58:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2019\/05\/Nashville-housing-affordability-featured-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"1000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dana Anderson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@redfin\" \/>\n<meta name=\"twitter:site\" content=\"@redfin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dana Anderson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/nashville-housing-affordability-by-occupation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/nashville-housing-affordability-by-occupation\\\/\"},\"author\":{\"name\":\"Dana Anderson\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/309385292bf91585d2e0a130b0a2566b\"},\"headline\":\"Just 10% of Nashville Homes Are Affordable to Local Musicians, Down From 50% Five Years Ago\",\"datePublished\":\"2019-05-06T15:38:46+00:00\",\"dateModified\":\"2020-10-06T19:58:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/nashville-housing-affordability-by-occupation\\\/\"},\"wordCount\":1110,\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/nashville-housing-affordability-by-occupation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/Nashville-housing-affordability-featured-image.jpg\",\"keywords\":[\"Housing Market Tracker\"],\"articleSection\":[\"Affordability\",\"Housing Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/nashville-housing-affordability-by-occupation\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/nashville-housing-affordability-by-occupation\\\/\",\"name\":\"Historic Housing Affordability in Nashville By Occupation\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/nashville-housing-affordability-by-occupation\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/nashville-housing-affordability-by-occupation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/Nashville-housing-affordability-featured-image.jpg\",\"datePublished\":\"2019-05-06T15:38:46+00:00\",\"dateModified\":\"2020-10-06T19:58:36+00:00\",\"description\":\"For residents earning the median income in Nashville, 10% of homes are affordable. The city\u2019s $500M commitment to affordable housing is aiming to change that.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/nashville-housing-affordability-by-occupation\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.redfin.com/news\\\/nashville-housing-affordability-by-occupation\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/nashville-housing-affordability-by-occupation\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/Nashville-housing-affordability-featured-image.jpg\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/Nashville-housing-affordability-featured-image.jpg\",\"width\":1500,\"height\":1000,\"caption\":\"Nashville housing affordability\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/nashville-housing-affordability-by-occupation\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.redfin.com/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Just 10% of Nashville Homes Are Affordable to Local Musicians, Down From 50% Five Years Ago\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"name\":\"Redfin Real Estate News\",\"description\":\"The latest real estate news and research from technology-powered residential real estate company, Redfin.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.redfin.com/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\",\"name\":\"Redfin\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"width\":1100,\"height\":235,\"caption\":\"Redfin\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/redfin\",\"https:\\\/\\\/x.com\\\/redfin\",\"https:\\\/\\\/www.instagram.com\\\/redfinrealestate\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/redfin\",\"https:\\\/\\\/www.pinterest.com\\\/redfin\\\/\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Redfin\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/309385292bf91585d2e0a130b0a2566b\",\"name\":\"Dana Anderson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Dana_Anderson_722_RT-150x150.jpg6a0821cd173d24b4c47bf9d2c09ca097\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Dana_Anderson_722_RT-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Dana_Anderson_722_RT-150x150.jpg\",\"caption\":\"Dana Anderson\"},\"description\":\"As a data journalist at Redfin, Dana Anderson writes about the numbers behind real estate trends. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our Why Redfin page.\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/author\\\/dana-andersonredfin-com\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Historic Housing Affordability in Nashville By Occupation","description":"For residents earning the median income in Nashville, 10% of homes are affordable. The city\u2019s $500M commitment to affordable housing is aiming to change that.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.redfin.com\/news\/nashville-housing-affordability-by-occupation\/","og_locale":"en_US","og_type":"article","og_title":"Just 10% of Nashville Homes Are Affordable to Local Musicians, Down From 50% Five Years Ago","og_description":"For residents earning the median income in Nashville, 10% of homes are affordable. The city\u2019s $500M commitment to affordable housing is aiming to change that.","og_url":"https:\/\/www.redfin.com\/news\/nashville-housing-affordability-by-occupation\/","og_site_name":"Redfin Real Estate News","article_publisher":"https:\/\/www.facebook.com\/redfin","article_published_time":"2019-05-06T15:38:46+00:00","article_modified_time":"2020-10-06T19:58:36+00:00","og_image":[{"width":1500,"height":1000,"url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2019\/05\/Nashville-housing-affordability-featured-image.jpg","type":"image\/jpeg"}],"author":"Dana Anderson","twitter_card":"summary_large_image","twitter_creator":"@redfin","twitter_site":"@redfin","twitter_misc":{"Written by":"Dana Anderson","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.redfin.com\/news\/nashville-housing-affordability-by-occupation\/#article","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/nashville-housing-affordability-by-occupation\/"},"author":{"name":"Dana Anderson","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/309385292bf91585d2e0a130b0a2566b"},"headline":"Just 10% of Nashville Homes Are Affordable to Local Musicians, Down From 50% Five Years Ago","datePublished":"2019-05-06T15:38:46+00:00","dateModified":"2020-10-06T19:58:36+00:00","mainEntityOfPage":{"@id":"https:\/\/www.redfin.com\/news\/nashville-housing-affordability-by-occupation\/"},"wordCount":1110,"publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"image":{"@id":"https:\/\/www.redfin.com\/news\/nashville-housing-affordability-by-occupation\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2019\/05\/Nashville-housing-affordability-featured-image.jpg","keywords":["Housing Market Tracker"],"articleSection":["Affordability","Housing Market News"],"inLanguage":"en-US","copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/www.redfin.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.redfin.com\/news\/nashville-housing-affordability-by-occupation\/","url":"https:\/\/www.redfin.com\/news\/nashville-housing-affordability-by-occupation\/","name":"Historic Housing Affordability in Nashville By Occupation","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.redfin.com\/news\/nashville-housing-affordability-by-occupation\/#primaryimage"},"image":{"@id":"https:\/\/www.redfin.com\/news\/nashville-housing-affordability-by-occupation\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2019\/05\/Nashville-housing-affordability-featured-image.jpg","datePublished":"2019-05-06T15:38:46+00:00","dateModified":"2020-10-06T19:58:36+00:00","description":"For residents earning the median income in Nashville, 10% of homes are affordable. The city\u2019s $500M commitment to affordable housing is aiming to change that.","breadcrumb":{"@id":"https:\/\/www.redfin.com\/news\/nashville-housing-affordability-by-occupation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.redfin.com\/news\/nashville-housing-affordability-by-occupation\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/nashville-housing-affordability-by-occupation\/#primaryimage","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2019\/05\/Nashville-housing-affordability-featured-image.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2019\/05\/Nashville-housing-affordability-featured-image.jpg","width":1500,"height":1000,"caption":"Nashville housing affordability"},{"@type":"BreadcrumbList","@id":"https:\/\/www.redfin.com\/news\/nashville-housing-affordability-by-occupation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.redfin.com\/news\/"},{"@type":"ListItem","position":2,"name":"Just 10% of Nashville Homes Are Affordable to Local Musicians, Down From 50% Five Years Ago"}]},{"@type":"WebSite","@id":"https:\/\/www.redfin.com\/news\/#website","url":"https:\/\/www.redfin.com\/news\/","name":"Redfin Real Estate News","description":"The latest real estate news and research from technology-powered residential real estate company, Redfin.","publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.redfin.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.redfin.com\/news\/#organization","name":"Redfin","url":"https:\/\/www.redfin.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","width":1100,"height":235,"caption":"Redfin"},"image":{"@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/redfin","https:\/\/x.com\/redfin","https:\/\/www.instagram.com\/redfinrealestate\/","https:\/\/www.linkedin.com\/company\/redfin","https:\/\/www.pinterest.com\/redfin\/","https:\/\/en.wikipedia.org\/wiki\/Redfin"]},{"@type":"Person","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/309385292bf91585d2e0a130b0a2566b","name":"Dana Anderson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/10\/Dana_Anderson_722_RT-150x150.jpg6a0821cd173d24b4c47bf9d2c09ca097","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/10\/Dana_Anderson_722_RT-150x150.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/10\/Dana_Anderson_722_RT-150x150.jpg","caption":"Dana Anderson"},"description":"As a data journalist at Redfin, Dana Anderson writes about the numbers behind real estate trends. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our Why Redfin page.","url":"https:\/\/www.redfin.com\/news\/author\/dana-andersonredfin-com\/"}]}},"_links":{"self":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/65672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/users\/13153"}],"replies":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/comments?post=65672"}],"version-history":[{"count":0,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/65672\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media\/65673"}],"wp:attachment":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media?parent=65672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/categories?post=65672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/tags?post=65672"},{"taxonomy":"dashboard","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/dashboard?post=65672"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/coauthors?post=65672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}