best places to live in tennessee for retirees best places to live in tennessee for retirees

WebBetween the low cost of living, natural beauty, and endless activities, there has never been a better time to call the state home. Felix Homes is a local Nashville based low commission real estate broker. The city was also recognized as a medium-sized Top Adventure Town by Blue Ridge Outdoors Magazine and recognized as one of The 10 Most Diversified Metro Economies in the United States in 2020. The active downtown surely promises a great culture. Nearby Resident: Kingston is a beautiful little town located in East Tennessee. High Crime Rates in Major Cities Tennessee is ranked as the third most dangerous state to live in, with its violent crimes ranging higher than the national average.. Is Tennessee a good state for retirees? There is a large lake, Smoky Mountains close by, woods, hiking boating, golf, birding, swimming, gym, pools, restaurants, a library. Current Resident: It's a beautiful, quiet place where people wave to you when you pass. Great school system, the schools greatly cares about students! Tellico Lake is a nature lovers dream. Web4- Tennessee Overhill This area has all the peace and quiet that youve been dreaming of for your retirement. Crossville, TN 2. So if you elect to save 10% of your income in your companys 401(k) plan, 10% of your pay will come out of each paycheck. We then leverage that expertise to develop city rankings for a range of topics including small towns, college towns and our annual Top 100 Best Places to Live. Locals in business and personally are friendly & courteous. If youre religious or spiritual, the city boasts more than 70 places of worship to choose from. Better yet, if the outdoor activities do not keep you busy, you can drive 25 minutes to Downtown Nashville and enjoy all this large metropolitan city has to offer. It feels very safe, I have never experienced any scary disturbances. Seeing as most retirees prefer warmer climates, this makes Tennessee a great option to consider! Due to many different lake activities, tourism keeps the locals busy all year long. 8 Niche users give it an average review of 4.4 stars. Featured Review: Current Resident says I have lived in Friendsville, TN since I was a child. Residents of Germantown enjoy small-town life with big-city amenities such as high-end shopping and fine dining options. We're glad you asked. Income tax in Tennessee does not apply to salary or wages, but it does apply to income from stocks, bonds and notes. Memphis is the birthplace of the blues, rock and roll, and it's the home of B.B. Although its a small city with just over 10,000 residents, dont let its size fool you. Residents enjoy boating, hiking, fishing, and history-inspired adventures. Brownsville. 2022 Retirable Inc. All rights reserved. There are always new pop ups or small businesses opening up around town, and many beautiful parks or places with a great view of the city. 13 Niche users give it an average review of 3.8 stars. Pigeon Forge is a neighboring tourist area with easy access to the mountains and ski slopes of Gatlinburg. It's no wonder residents refer to Tellico Village as "paradise". Tennessee is one of the fastest growing states in America, with a population increase of almost ten percent since 2000. Retirable can help connect you with a plan. Speak with a licensed fiduciary for free. A good amount of places to enjoy. Current Resident: Sweet town, rich in culture, and full of fun things to do. WebBest Places to Live in Crossville, Tennessee Crossville, Tennessee is a small town located in Cumberland County. Most homes in Cheatham County are on over an acre of land so Kingston Springs is our pick for retirees who prefer some privacy. [4] => 151188 Townsend What makes these cities and towns so great? Everything is well kept, landscaped, and clean as well as the many safe neighborhoods that are available all over the city. There are also all the amenities you could ever want. Current Resident: Tellico Village is very clean, very safe and very, very beautiful. World-class whitewater rafting is available in the Cherokee National Forest. I would not want to live in any other city! Germantown is in Shelby County and is one of the best places to live in Tennessee. WebAccording to a top data ranking site, the city of Maryville is one of the Best Places to Live in Tennessee for 2020. 2007 - 2023 55places.com, a division of Neighborhoods.com. Union City is located in Obion County, which is part of the Retire Tennessee program. I also think there is always something to do! Undoubtedly, this school prepares you to have a strong mind and an open heart to all people who cross your path. Read 2 reviews. It's a great place to live if you enjoy quiet evenings and nights. Enter your email to be added to our mailing list. Featured Review: Current Resident says Clinton is a small town but close to Knoxville and lots of dining and entertainment. PRO TIP: See homes for sale in Murfreesboro. PRO TIP: See homes for sale in Kingston Springs. Tennessee is a state with zero state income taxes and that is a big draw. When youre looking at any list of the best places to retire in Tennessee 2021 or 2022, another top West Tennessee city is Collierville. The town is home to multiple golf courses, including Stonehenge, the top-rated golf course in the state. A look at the top 10 most livable cities in the Volunteer State. While an excellent vacation destination, it is so much more. Provides auto-suggestions when entering text, Niche requires Javascript to work correctly. Overall, Tennessee has an affordable cost of living. Stacker compiled a list of the best counties to retire in Tennessee using data from Niche. The 10 Worst Places to Live in TennesseeRipley. According to Road Snacks, the worst place to live in Tennessee is Ripley. Lawrenceburg. Lawrenceburg is a fairly isolated town close to the Alabama state line, and it has a lot of issues. Millington. Savannah. Morristown. Sweetwater. Dunlap. Covington. Rockwood. Memphis. No matter if youre making this selection for camping or if youre going to live in it during part-time travel, thought and consideration must occur first. Seniors, in particular, love our rates as they want to keep more money in their pockets given the nature of retirement. And, if none of the above appeals to you, perhaps the two well-reviewed wineries in town will. NASHVILLE, TN (WSMV) Tennessee ranks No. Townsend is close enough to Gatlinburg for fun escapades and Knoxville for shopping and healthcare is less than an hour away. Pro Tip: There are so many magnificent parks in Germantown, no home is more than one mile from a park. Springbrook park neighborhood is exceptional!!! Cost of living for the state is about 10 percent lower than the national average. On average, the county property tax rate is .64 percent, about half the national average. It is within close proximity to lakes, mountains and outdoor activities. The Tellico Lake community tops our list as the best place to retire and for good reason. If you're thinking about becoming Tennessee's newest member, feel free to make contact with Felix Homes at 615-354-5731, or contact@felixhomes.com to discuss residential options. Web2023 Cost of Living Calculator for Miscellaneous: Collierville, Tennessee vs Sarasota, Florida Change Places . New businesses. 2 Niche users give it an average review of 2.5 stars. An inheritance tax is imposed on estates larger than one million dollars. People are moving to Tennessee for various reasons. [8] => 122911 Pigeon Forge is a small town that is well known for its amazing retirement benefits. It's far enough away from Lenoir city, Maryville, and Knoxville that you truly get to appreciate the country, but close enough for a short drive to anything and everything. Tennessee's active adult communities live near areas that are rich in history and are filled with culture, recreation and social opportunities. Feel free to drop us a line! Walk score: 41. But the city itself has a suburban feel and a high 65-plus population, making it great for retirees. Population: 19,413- I felt safe going into stores in this area because they have security in and outside of the stores. Free camping spot so you can bring your boat and go fishing too! Nashville is known for the Grand Ole Opry and the Country Music Hall of Fame, and is nicknamed Music City, USA . Although Davidson County, which the city of Nashville is located in just increased property taxes by 34%, they are still competitive with growing metropolitan cities like Charlotte and Atlanta. Theres also no tax on prescription medications here. Columbias Riverwalk Parkis also a favorite for walkers and bikers. We've helped clients find homes deep in the mountains, or right in the heart of a vibrant downtown area. You may also like: People who retire comfortably avoid these financial advisor mistakes. Besides its natural beauty and great retirement communities, Tennessee is one of the most tax friendly states for retirees and seniors. We want to inspire you to explore new destinations, discover new experiences and savor the journey. Web2023 Cost of Living Calculator for Miscellaneous: Collierville, Tennessee vs Sarasota, Florida Change Places . It is part of the Retire Tennessee program and is located in the northeast part of the state in the Appalachian Mountains. Springbrook park neighborhood is exceptional!!! Crossville is just a short drive to three metropolitan areas. I feel. Current Resident: I've been a resident here over 10 years. World-class fishing awaits atReelfoot Lake, known for its bluegill and crappie fishery. I felt safe going into stores in this area because they have security in and outside of the stores. My husband and I call it "The Good Place". Read 3 reviews. I do think there will be more job coming in the future to cover what is needed in this town, hopefully. The true pinnacle of Southern hospitality. Read 144 reviews. Furthermore, even Forbes has placed it in the best places to retire in Showcasing small-town charm, the towns of Lexington, Parkers Crossroads, Scotts Hill, and Sardis provide a great place to retire without the big city hassle. Not much to do unless you enjoy small self-made businesses. Were not sure where to start! So if you have a pension from another state, or you're living off of your 401k income, moving here will be a great way to put more money in your pocket. Everyone is willing to lend a helping hand and there are plenty of opportunites given in Madisonville. Tucked in the foothills of the Blue Ridge Mountains, the city also offers plenty of other outdoor recreation opportunities, including walking trails and horseback riding. Knoxville, Tennessee is the perfect size, in my opinion, because it is big enough to where you are always meeting new people and trying new things, but small. Current Resident: Clinton is a small town but close to Knoxville and lots of dining and entertainment. Excellent Community! Located between To empower a confident, worry-free retirement for everyone. Beautiful scenery and friendly neighbors give this city a small-town atmosphere that many desire when relocating. #3 - Franklin Why is Franklin one of the [10] => 122881 Featured Review: Current Resident says I love Harriman! 6 Niche users give it an average review of 4.2 stars. Featured Review: Current Resident says It is a safe place to raise a family. Our Premium Cost of Living Calculator includes costs of restaurant meals, prepared food, dry cleaning and laundry, cosmetics, haircuts, school and college tuitions, tobacco products, and dozens of other items.Click here to customize Youll also have access to all the amenities youd get with big-city living, including plenty of restaurants and shops. Union City Union City is located in Obion County, which is part of the Retire Tennessee program. Investing involves risk and past performance is not indicative of future results. Lenoir City has good growth potential but a very affordable cost of living. I love the people in Madisonville! The city has struggled to expand and develop over the years. Another city thats an example of why is Tennessee a good state to retire in is Knoxville. This is one of the questions we get asked a lot at Felix Homes. My inquisitive mind took over, and I began to wonder why so many people were flocking to the state and where within the state they were moving to. We evaluated those dimensions using 47 relevant metrics, which are listed below with their corresponding weights. That made. Former Resident: Maryville was a very small town but over the last few years it has experienced a huge increase in people and businesses, which has not slowed down. When youre looking at any list of the best places to retire in Tennessee 2021 or 2022, another top West Tennessee city is Collierville. On average, the effective tax rate on your property is 0.74%. 2 Niche users give it an average review of 5 stars. With so much at your finger tips in Farragut, its hard to not fall in love with the town and surrounding areas. Read 86 reviews. Featured Review: Current Resident says I love it here, its a small town with lots of friendly people. The low cost of living, pretty views, and ease of access in and out of larger cities, makes this one of the best places to retire in Tennessee. So just where exactly are the best cities across the state to retire? Nolensville 9. Anywhere along Tellico Lake is nothing shy of a dream. However living in the country has its drawbacks like long commute times etc. Read 1 review. The large Middle Tennessee State University campus keeps the city young at heart, and you'll enjoy plenty of entertainment, shows, and restaurants in the heart of downtown Murfreesboro. Kingsport 6. Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities. For music lovers, the three cities of Nashville, Memphis and Bristol provide venues to hear country music, soul, blues or rock and roll. By using this website, you accept our Terms and Conditions and Privacy Policy. Featured Review: Current Resident says I was born In Seymour TN! The best states to retire in 2022. Located just outsideKnoxvillein East Tennessee and known as the Lakeway to the Smokies, Loudon County is home to several lakes and rivers, making it an ideal location for people looking to retire on the water. Featured Review: Current Resident says It's a beautiful, quiet place where people wave to you when you pass. No matter the season, the smoky mountains of Tennessee will always be a magnificent sight to see. Retirees enjoy the low cost of living, rolling hills, and Southern hospitality and charm in Maury County. Hendersonville 5. We met several people planning to retire within the next year during our travels and planning to move to Tennessee, so I talked with them. I love living here and am so glad we moved out of the city to a more laid back place!. Franklin has been in the top ten list for several years, moving up to the number three position from eighth last year. Why is Franklin one of the best places to retire in Tennessee? It's a great place to live if you enjoy quiet evenings and nights. WebFor instance, the city of Smyrna is a popular retirement destination in Tennessee for many reasons. 81 Niche users give it an average review of 3.9 stars. Read on to discover the best counties to retire to in Tennessee. Many retirees are also seeking a slower-paced lifestyle with milder weather and plenty of ways to fill their days. Current Resident: I have lived in Madisonville my whole life. Tic Toc Ice Cream is a great place to get ice cream. Read 8 reviews. It served as the state capital for a day and is the home of Southwest Point.. Current Resident: Resident of Alcoa, my family and I love it. Read 4 reviews. One of the fastest-growing cities in the nation, Franklin still has that small-town feel to it. Whether they are relaxing in the clubhouse, enjoying a swim at a beautiful pool, or playing golf a few times a week, these communities make for a great place to live. Honestly, with me being a 511 African American female that says a lot about this area. There is a super cute town square, unique shops, lots of intriguing history, a scrumptious food scene, and it hosts the Worlds Biggest Fish Fry every April. Located in Davidson County, Nashville has our heart and is arguably the gem of Tennessee. There are also all the amenities you could ever want with a small town feel. I feel safe at home, at school, and at all of my activities around town. The Tennessee area real estate market is booming! Tennessee is also known for its rolling hills and open farmland. If youre a fan of fishing and looking to retire in Tennessee,Union Cityin Obion County just might be the place. The roads are good and neighborhoods are very safe. Read 28 reviews. The only downside is the that the cost of living is higher in this area. Whether you're interested in a low-maintenance single-level residence, an active lifestyle or age-qualified community, an intimate enclave, or anything in between, we can help you make your next move the best one yet. The state is covered with mountains and valleys along tributaries of the Tennessee River and the Tennessee River Valley. But many of our clients don't want to adhere to the various restrictions or rules a 55+ community can put in place. If horses arent your thing, there are plenty of other ways to get out and about: theGermantown Greenwayfor biking and walking, the excellentGermantown Performing Arts Centerand theGermantown Athletic Clubare just a few. Residents enjoy a small regional hospital within the town, and they are about an hour from a larger hospital in Jackson. [7] => 146472 There are several grocery stores, craft stores, and restaurants. A playhouse serving more than 165,000 visitors each year, a historic theater on Main Street that is still active, and a restored railroad Depot and Caboose Visitors Center are just a few charming town highlights. A few of the countys biggest draws are its low cost of living, booming economy and proximity to quality healthcare, and its no secret why people aremoving in droves from the West Coastto take advantage of allMaury Countyhas to offer. Here are our 10 favorite retirement communities in Tennessee. It has a beautiful small town charm. Health, wellness, and fitness facilities are abundant. In addition, each community has also earned theAmerican Association of Retirement Communities Seal of Approval. Before we get into the list, if you're searching for the best retirement communities in Tennessee, we wrote another article specifically focusing on that. Active adult communities in Tennessee have nights that are cooler in the eastern portion of the state. But, if you're just hoping to live out your retirement years in Tennessee, and not necessarily searching for a retirement community, here is a list of our top 10 places you should considering spending your retirement years. If you're able to put up with higher property taxes, Davidson County has a lot to offer. Other communities are also excellent places to live but are not part of the program. In addition, it offers several different active adult communities and assisted living facilities. PRO TIP: Have you been thinking about living in Tennessee? Nearby, theRarity Bay golf coursefeatures 18 holes on rolling hills overlooking Tellico Lake, andLandmark Golf Club at Avalonscored a 4-star rating by Golf Digest. There are numerous campsites located just a short drive from both Nashville and Memphis. Located between Knoxville and Nashville, Crossville is considered the golf capital of Tennessee due to the number of golf courses in the town. It has multiple universities, high-tech businesses, and a compact center city set against the magnificent coming together of 3 rivers. 3 Niche users give it an average review of 4 stars. Hialeah, FL. The community works well together, and aims to maintain good credibility. Last month, Franklin was included in the latest MONEY Magazine Best Places to Live list. Follow her travels on her personal site where she discusses travel, food, and more! Seldom do the words taxes and favorable go together, but in the case of Tennessee, they do! Union City, TN 6. Heres the 5 Most Affordable Cities in Tennessee: 1. There are sidewalks and bike lanes throughout the entire city. Current Resident: I actually fell in love with this area 3 years ago. 19 Niche users give it an average review of 3.9 stars. WebU.S. Retirees are drawn to Tennessee for its low cost of living and tax friendliness. Nashville is one of the fastest growing cities in the nation and over 12 percent of the population is over the age of 65. Oak Ridge. Read 102 reviews. Entertainment and recreation activities are endless. Our goal, to share the worlds unique, hidden and once in a lifetime locations with you to create unforgettable memories. Retirees living here are close to world-class healthcare in Memphis. Tennessee is a state filled with mountains, lakes, and rivers, but it also has plenty of big-city living. We analyze millions of real estate transactions to compare agents near you. In addition, the countys renowned lakeside retirement communityTellico Villagespans over 5,000 acres and is touted as a premier retirement community in the Southeast. Tennessee is the home of history, nature, a mild climate, and many types of music. Between boating, fishing, golfing, hiking, and walking trails, you'll love spending your life on the lake! The largest city is Memphis, but the best-known city is Nashville, the music capital of the south and the home of Elvis Presley s Graceland. #15. The town is known for its 1868 railroad depot and easy access to famous downtown Memphis hotspots like Beale Street. Youll get plenty of shopping and restaurants around downtown, with your pick of live music venues in the famed Broadway area. - For sale by owner. The population of Tennessee is over six million, increasing annually, fueled by incoming Baby Boomers and retirees from the north, California and Florida. Located in Hardin County, which is part of the Retire Tennessee initiative, Savannah sits beside the Tennessee River. Low crime rate and risk, and the cost of living are low compared to larger cities. For more information, see our Form ADV Part II and other disclosures. WebThe 10 Best Affordable Places to Retire: What is the best state to live in 2021? [9] => 122894 Call (239) 349-2487 to reach Palm Paradise Real Estate now! The variety of delicious wines fromCrossvillesownStonehaus Wineryare now the featured wines at the Grand Ole Opry. The high 65-plus population and low cost of living make it a great choice for any retiree. Best States 2021 #1. There are plenty of great cities to live in, or near, picking between popular cities like Memphis, Nashville, Chattanooga, and Knoxville is nearly impossible. With a population of roughly 17,000, it's surprising how high the crime rate is compared to the national average. We made you a Tennessee Bucket List. The residents here not only enjoy an international airport which makes traveling convenient, but they are also spoiled with amazing food choices, an endless amount of live entertainment, over 100 parks, and plenty of social clubs and recreation activities all across the city. As an alum, I recognize the importance of studying the Word of God and surrounding young. Current Resident: The town is very safe and welcoming, with it having a national laboratory and being a big science town, Oak Ridge is fairly diverse. Retirables retirement calculator helps to project how much monthly retirement income your retirement nest egg can produce while ensuring your savings last as long as you need. The affordable median home price of $250,000, and affordable tax rates, make this area a great place for retirees to live. As a former city dweller, its nice having nice neighbors that are politely private. The only exception is the need of improvements to the community buildings. Current Resident: I have lived in Friendsville, TN since I was a child.