Amazon’s $150,000 Jobs Herald New Era Tripling Nashville Incomes
- Only 8% of Nashville households earn $150,000 or more
- On the downside, housing costs jumped 75% in past five years
Downtown Nashville, Tennessee.
Photographer: Luke Sharett/BloombergThis article is for subscribers only.
Music City is set to continue its multiyear boom after landing a 5,000-person operations center from Amazon.com Inc.
The Internet giant will become one of Nashville, Tennessee’s biggest employers with news Tuesday that Amazon will open a $230 million facility in downtown, with average wages more than $150,000 -- or triple the city’s median household income. While its Amazon haul pales in comparison to the 25,000 jobs bound for each of New York and Arlington, Virginia, its presence could affect life in Nashville almost as much on a relative basis.