How To Choose The Best Place To Retire In Tennessee
Every person is unique, so you might be looking for a very different atmosphere than another retiree. But whether youâre looking for decent health care or gorgeous outdoor activities, weâve put together a list to help you narrow down yourchoices.
- ð° On a budget? Check out Chattanooga,Johnson City, and Memphisfor their low housing costs and general affordability.
- ð Looking to meet people? Check out Johnson City, which has the highest percentage of 60+ year-old residents in the state!
- ð¥ Want the best health care? Johnson City has access to tons of grade-A hospitals with the most hospital capacity per capita of any of these cities.
- ð Like going out? Knoxville has the historic Market Square district, high walkability, and the most botanical gardens of any city on this list.
- âï¸ Want great weather? Chattanooga has a famously mild climate, averaging 44 F in the winter and 80 F in the summer.
- ð Looking for the best overall city to retire to in Tennessee? Johnson City has great affordability, a large retiree community, and excellent access to health care!
Buying a house in a different city or state can be tough when you arenât familiar with the local market. A good local real estate agent will know the market front and back, and theyâll be able to help you find the perfect neighborhood andhome for you.
What Are The Pros And Cons Of Retiring In Tennessee
The pros of retiring in Tennessee are that itâs beautiful, with mountains and lakes with as much fishing and hiking as your heart could possibly desire. Itâs also extremely affordable compared to the rest of the country. The cons of retiringin Tennessee are that the state has fairly high taxes and is ranked fairly low in terms of health care quality and accessibility. Checkout our list of the top five Tennessee cities to retire in.
Top 5 Cities And Places To Retire In Tennessee
Percentage of the Population Over 65: 16.9%
Median Home Value: $88,100
Most Recent Annual Number of Violent Crimes: 151
Most Recent Annual Number of Property Crimes: 329
Number of Hospitals Within 25 Miles of the City: 5
Retiring in Brownsville means small-town living. Retirees can spend their days relaxing at the nearby Hatchie River or learning about the history and culture of Brownsville at the many museums. Additionally, Brownsville has a beautiful and historic downtown where retirees can enjoy local restaurants, shopping and even listen to some live music at the Amp.
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Why Should You Retire In Tennessee
There are several reasons a lot of people look forward to retiring in Tennessee. Some of these reasons are-
In Tennessee, there is a low cost of living. Not only is Tennessees cost of living lower than the national average, but its the sixth cheapest state to live in.
While some cities in Tennessee are cheaper than others, especially compared to some of the states major cities, Tennessee is still an inexpensive state to live in.
Another reason while Tennessee has one of the best places to retire in addition to its low cost of living is that retirees get really low costs when it comes to housing, utilities, and even groceries.
Tennessee is also home to plenty of historic museums dedicated to the music thats been made there. Theres so much to check out, from the Country Music Hall of Fame in Nashville to the Rock and Soul Museum in Memphis.
In Tennessee, you can also enjoy an afternoon walking through the Johnny Cash museum and taking in the beautiful sights at Loretta Lynns ranch whenever you please.
When you retire in Tennessee, if you are interested in sports, you could go water-skiing. You could also relax comfortably on the beach when you are done.
You would also find that many of the gorgeous walking and hiking options offer a view of some of Tennessees many gorgeous waterfalls. One of Tennessees most popular waterfalls is located at Fall Creek State Park in Spencer, Tennessee.
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Discover The Best Places To Retire In Tennessee For Your Family
You can make the most of your retirement in Tennessee. Yet there are plenty of states to consider if Tennessee isnt for you. In terms of cost of living and tax friendliness, consider Georgia, Florida, North Carolina and Arizona.
Your retirement is an important stage of life that should be enjoyed. Find the best place to retire in Tennessee that lives up to your expectations, while also meeting your financial needs.
Whats The Cheapest Place To Retire In Tennessee
Johnson City is the cheapest place to retire in Tennessee while still being close to decent hospitals. The average cost of a home in the city is just over $220,000, which is much, much lower than the rest of the country and almost half as much as Nashville.Check out our list of the top five Tennessee cities to retire in.
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How To Find The Best Places To Retire In Tennessee
Before you begin your search, its helpful to go over your finances and make a list of your interests. This list should include your family obligations, hobbies and anything else that will directly affect your daily life. Once this is done, you will have a road map to finding the best retirement city for you.
Do you want to stay close to your family? Are you tired of the big-city lifestyle and want to get away to the countryside? Maybe you are looking for a retirement village? These are the types of questions that will have a huge impact on your decision. However, there are also other elements to consider.
For example, these factors include:
- The cost of living and tax friendliness
- Entertainment and recreational value
- Weather in the area
- The overall culture that fits your specific interests.
The list above is a foundation to build on in retirement. Each factor is essential to your life as a retiree.
Below is a breakdown of the 10 best places to retire in Tennessee in 2022. These includes popular cities, as well as some smaller towns that are sure to surprise you. Specifically, Tennessee ranks high in overall affordability and weather in comparison with the rest of the United States. Tennessee doesnt tax retirement plan income or Social Security tax benefits. Its drawbacks rest in crime rates, culture and wellness, according to Bankrate.
These Are The Best Places To Retire In Tennessee
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The Retire Tennessee program helps current and prospective residents narrow down the best places to spend their second act.
While Tennessee is known as the birthplace of country music, a whiskey capital and the home of the stunning Great Smoky Mountains National Park, this great state has also been recognized as an up-and-coming destination for retirees.
The Volunteer State offers those looking to relocate and retire the ideal place to call home. For starters, living here may save you a few bucks. Currently, Tennessees cost of living is relatively low compared to other states, thanks to its lack of a state income tax. Theres also no tax on prescription medications here. In fact, according to the 2021 Cost of Living Index, Tennessee ranks in sixth place for the lowest cost of living in the nation.
Many retirees are also seeking a slower-paced lifestyle with milder weather and plenty of ways to fill their days. From music and world-renowned food to the more than 60 national and state parks that Tennessee boasts, whatever you are looking for in a place to retire, this state has it.
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The Best Places To Live In Tennessee
A recent study found that Tennessee is one of the most popular states to move to. With a 60% inbound rate, Tennessee saw more people move to the state than ever before in 2020. Either moving for retirement, to be closer to family, or to simply enjoy the lifestyle and scenery, more and more people are taking advantage of what Tennessee has to offer. If you find yourself moving to the Volunteer State, contact one of our real estate specialists today to help you find your dream home in one of these wonderful cities!
The Best Places To Retire In Tennessee
Now that weve determined what you need in a retirement destination, its time to see what our state has to offer. Three of the best places to retire in Tennessee are just a stones throw from Nashville. Here are our top three recommendations:
The U.S. News and World Report and Forbes have both named Smyrna one of the best places to retire. Located less than 30 minutes from the capital, this family-friendly town is home to historic sites, outdoor activities, and lake access. Many retirees love this area for its outstanding, well-maintained greenway system. Others are fans of the local golf course. Smyrna is also much more affordable than many cities of its size it has the third-lowest property taxes in the state.
With over 157,000 residents, Murfreesboro is the sixth-largest city in Tennessee. This means that its the perfect combination of fast growth and slow living for folks on the fringes. In addition to a reasonable cost of living, the largest suburb of Nashville is home to exciting historical sites, new construction homes, and dozens of unique restaurants. If youre looking for somewhere exciting to retire, look no further than Murfreesboro, Tennessee.
3. Stewarts Creek
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Discover Knoxville For Yourself
Of course, one of the best ways to decide where to retire is to experience a city for yourself. Get online and take a virtual tour of Knoxville, or plan a road trip to see it firsthand. And if you ever have questions about the area, reach out to us at Arbor Terrace of Knoxville, and well be happy to help.
What Do I Need To Know About Moving To Tennessee
15 Things to Know Before Moving to Tennessee
- Its best if you dont move to Tennessee in the summer.
- Tennessee doesnt tax personal income.
- Tennessee is a great place for music-lovers.
- Tennessee whiskey is in a category of its own.
- Tennessee has serious literary chops.
- Festivals and fairs are big in Tennessee.
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Our Culture And History
Country music, southern hospitality, and a slower pace of life are certainly popular attributes that catch the hearts of most retirees. Our cities still have that small-town feel, but provide a tremendous amount of entertainment. The list goes on and on. There are so many reasons why people consider retiring in Tennessee. The only difficult decision is finding the right town or city to call home!
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Contact the Legacy South Brokerage Team to get started. You can reach us through the contact button on this page. We look forward to helping you find the perfect home for your retirement.
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How Is Tennessee For Retirement
If you are planning to retire in Tennessee, you may want to know what to expect as a retiree. Here is how Tennessee performs for retirement.
If you have a few years to retirement, you may consider moving to a retiree-friendly state to spend your golden years. An ideal state should have good weather, good transport, affordable healthcare, a favorable tax structure, and lots of outdoor recreation activities. One of the states you can consider moving into is Tennessee, the Whiskey Capital.
Tennessee is a good place to retire for people looking for a slow-paced lifestyle, good healthcare services, and a favorable tax structure. This state has a relatively low cost of living, and it ranks sixth for the lowest cost of living among all states. The Retire Tennessee Program, a state government initiative, market key cities and rural communities as retirement destinations.
Study: Best Cities To Retire In Tennessee
Tennessee, known for great music and even better barbecue, isn’t usually one of the places that comes to mind when people think retirement. If you’re getting ready to kiss the workforce goodbye, don’t overlook the Volunteer State. When you consider how affordable housing is and the overall cost of living, you won’t be singing the blues. Throw in relatively mild year-round weather and lots of scenic rolling hills, and you’ve got all the makings of a great retirement spot. Check out these top cities we think are the best places for retirees to put down roots.
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How We Determined The Best Places To Retire
With so many beautiful communities in Tennessee, it can be difficult to narrow down which are the best for retirees. To do that, we looked at factors such as affordability, safety, amenities, and community. To gather this information, we used three primary sources: Zillow, the U.S. Census Bureau, and the livability rankings website AreaVibes. Here are the key factors we considered:
- Percent of the population over 65
- Median home price
Best Cities To Retire In Tennessee In 2022
Retirees are drawn to Tennessee for its low cost of living and tax friendliness.
- Tennessee is a state filled with mountains, lakes, and rivers, but it also has plenty of big-city living.
- The states cities are filled with attractions and entertainment, as well as access to healthcare.
- Although theres no state income tax, you will pay a higher sales tax rate than other areas of the country.
Retirees are drawn to Tennessee for its low cost of living and tax friendliness. Even the best places to retire in Tennessee will have a high sales tax, but the low housing prices can make up for that.
But one of the best things about Tennessee retirement is its climate. Youll get mild winters while still enjoying all four seasons. There are also plenty of lakes, mountains, and historical landmarks to keep you busy. Here are our 10 favorite retirement communities in Tennessee.
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The Retire Tennessee Program
The Retire Tennessee Program is a state government initiative designed to highlight the most ideal locations to retire in across the state. The program comprises 17 urban and rural communities that provide all of the amenities and resources to meet the state requirements of being recognized as a retirement destination. In addition, each community has also earned the American Association of Retirement Communities Seal of Approval. So just where exactly are the best cities across the state to retire?
Where to Live Now
Best Places To Live In Tennessee
The Best Cities to Live in Tennessee
Wondering what the best places to live in Tennessee are? Well, below we have some pretty great options! Find out where you should move to in Tennessee!
Famous for its country music, low cost of living, southern comfort food, and beautiful natural landscape, moving to Tennessee could be the best decision of your life. Ranked as the second cheapest state to live in the United States, and the number one state to retire, Tennessee is a good state to live in. If you are thinking about moving to the Volunteer State, you are probably wondering what are the best places to live in Tennessee.
With more than 6.8 million people calling Tennessee home, there is no shortage of a city full of southern charm to fit your lifestyle. From the rolling hills to the Great Smoky Mountains, this picturesque scenery mixes with small towns and large urban areas to create this southeastern gem. By keeping safety, affordability, and beauty in mind, our team has compiled this list of the 9 Best Places to Live in Tennessee to help make your moving decision a little easier. Read on to learn more!
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Pros And Cons Of Retiring In Tennessee
Tennessee is known for many things, from its country music roots to its delicious, world-famous food to the gorgeous, mountainous scenery it has to offer. You may have even considered spending your retirement years in Tennessee, and for good reason. But, before you pack your bags and hit the road, you should know all the pros and cons first.
There are both pros and cons to retiring in Tennessee. For one, Tennessee offers its residents a low cost of living, warm weather, and beautiful landscapes. However, its also important to be mindful of the high crime rates in some cities and the risk of tornadoes.
In this article, well be going in-depth into both the pros and cons of retiring in Tennessee. If youre interested to see what points made our list, keep on reading to find out.