Projections

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MARKET RESEARCH: PROJECTIONS

Planning has long been a focal point for our county and city leadership. With our proximity to regional assets and widely recognized education system, it was never a question of if, but when individuals and businesses would take notice. We are now one of the fastest growing job markets in the country and are forecasted to continue our rapid pace for decades to come.

PROJECTIONS

REGIONAL JOB GROWTH

The Nashville region has gained national recognition for its recent job growth. From 2013 through the end of 2018, employment in the 10-county region grew 17%, from 866,006 jobs to 1,011,423. Williamson County specifically grew by more than 30,000 jobs. This continued job growth means management opportunities for experienced residents to advance in their careers in addition to entry-level opportunities for young people starting their professions.

POPULATION GROWTH FORECASTS

More than half of the state’s population growth between 2010 and 2040 is expected to occur in 10 Middle Tennessee counties. Williamson and Rutherford Counties are both on pace to pass Hamilton County (Chattanooga) as the fourth largest county in the state by 2040.

INDUSTRY PROJECTIONS

The chart below shows the Williamson County industries expected to grow by the most jobs by 2028. The greatest growth is expected in Management of Companies and Enterprises, Healthcare, and Professional, Scientific, and Technical services. Jobs in these industries have great earnings potential, with the average earnings per worker nearly 25% above the county’s average wage of $71,032.