This upscale community on the outskirts of Memphis has a good reason to be on the list of where to retire in Tennessee. This small town really feels like home thanks to its residents' Southern hospitality. Youll get plenty of shopping and restaurants around downtown, with your pick of live music venues in the famed Broadway area. Why is Tennessee not a good place to retire? For more information, see our Form ADV Part II and other disclosures. Those looking to ride will have plenty of opportunities to do so! Tennessee 55+ Active Adult Retirement Communities, Avenida Watermarq at Germantown - Germantown TN, 2007 - 2023 55places.com, a division of. We understand everyone has their own unique goals and desires for their retirement years. In the midst of its beautiful mountains and river valleys, Tennessee is also home to over 8,000 caves, which provide adventures. Union Cityhas plenty to do, including the state-of-the-artDiscovery Park of America Museumand theWhite Squirrel Winery. The 10 Most Dangerous Places To Live In Georgia For 2022 1. Just a 20-minute drive from Memphis, Collierville has all the amenities of suburban living, along with a charming downtown area and plenty of shopping and dining. The state is covered with mountains and valleys along tributaries of the Tennessee River and the Tennessee River Valley. Were not sure where to start! Everyone is willing to lend a helping hand and there are plenty of opportunites given in Madisonville. Germantown, TN 4. [12] => 19561 Why is Tennessee not a good place to retire? 5 Niche users give it an average review of 4.2 stars. 102 Niche users give it an average review of 4.6 stars. Located between Knoxville and Nashville, Crossville is considered the golf capital of Tennessee due to the number of golf courses in the town. [2] => 151517 We want to inspire you to explore new destinations, discover new experiences and savor the journey. Follow her travels on her personal site where she discusses travel, food, and more! There are several grocery stores, craft stores, and restaurants. 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 enough to where it doesn't feel overwhelming and you can stay connected to your roots. To me Harriman is one of the best. Current Resident: I would not want to live anywhere else! There's no question Nashville makes our list of best places to retire. Learn more about Franklin and the Reasons To Visit Americas Favorite Quintessential Main Street. The people hear are very friendly and will treat you like family as soon as move in. Beautiful scenery and friendly neighbors give this city a small-town atmosphere that many desire when relocating. Top places to live: Piperton (B), Oakland (B-), Rossville (B+) #21. Because of its reputation as a great place to retire, Crossville is home to several sizeable active adult retirement communities. While an excellent vacation destination, it is so much more. 144 Niche users give it an average review of 4.1 stars. In fact, according to the2021 Cost of Living Index, Tennessee ranks in sixth place for the lowest cost of living in the nation. The only difficult decision is finding the right town or city to call home! Located in Davidson County, Nashville has our heart and is arguably the gem of Tennessee. Nashville is arguably the Crown Jewel of Tennessee with all its thriving industries, entertainment and opportunity. Web2023 Cost of Living Calculator for Miscellaneous: Collierville, Tennessee vs Sarasota, Florida Change Places . The Volunteer State offers those looking to relocate and retire the ideal place to call home. Ranking based on data from the U.S. Census, FBI, CDC, and other data sources. Youll also be just a short drive from Chattanooga, Nashville, and Huntsville, Alabama. For starters, living here may save you a few bucks. Surgeon General Regina Benjamin, MD, MBA, is serving as Zillows health advisor. So just where exactly are the best cities across the state to retire? That's my overall only real complaint. Read 40 reviews. Many retirees are also seeking a slower-paced lifestyle with milder weather and plenty of ways to fill their days. Retirees find this state a great location to call home for numerous reasons. Anywhere along Tellico Lake is nothing shy of a dream. Now that we covered the top 10 best places to retire in Tennessee, what are some places you should avoid? Featured Review: Parent says After years of searching for a school system that truly prioritizes communication, I've finally been rewarded with the amazing impact it's had on my children. 27 Niche users give it an average review of 3.9 stars. Just 20 miles south of downtown Nashville, Franklin is perhaps best known as the site of two Civil War battles: 1863s Battle of Franklin and the Battle of Franklin in 1864. McMinnville. WhileTennesseeis 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 average American retires at age 62, but theyve likely been exploring retirement options long before.Anyone planning retirement may decide they want to live in the place they vacation every year, or that little My husband and I call it "The Good Place". Read 3 reviews. Retirees living there report gorgeous sunsets over the water on the seven lakes within the county. World-class fishing awaits atReelfoot Lake, known for its bluegill and crappie fishery. Union City is located in Obion County, which is part of the Retire Tennessee program. Memphis is the birthplace of the blues, rock and roll, and it's the home of B.B. Watts Bar Lake, Tennessee River and access to the Clinch and Emory Rivers provide some of the best fishing in the eastern US. #15. I love Snowden School because my son was going through cancer treatments and dealing with ADHD. Hendersonville 5. Morristown. Living in Germantown offers residents a sparse suburban feel and most residents own their homes. Major medical centers, top-notch colleges and universities and active civic organizations further enhance Tennessee's age-restricted and age-targeted communities that offer a great sense of community for citizens young and old. 25 Niche users give it an average review of 3.3 stars. WebGood for Retirees Population 5,699 Tellico Village is very clean, very safe and very, very beautiful. Web2023 Cost of Living Calculator for Miscellaneous: Collierville, Tennessee vs Sarasota, Florida Change Places . And, if none of the above appeals to you, perhaps the two well-reviewed wineries in town will. Most real estate agents charge a 3% commission fee to help you sell, we charge a 1.5% fee. Featured Review: Current Resident says I love Harriman! Twenty percent of the citys population is 65 and older, and it is the citys many targeted amenities that make it a top place to retire to in Tennessee. You may also like: People who retire comfortably avoid these financial advisor mistakes. Lenoir City has good growth potential but a very affordable cost of living. Youll get mild winters while still enjoying all four seasons. 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. 8 Reasons You Should Consider Taking Back-To-Back Cruises, 10 Fascinating Spots In New York City For History Lovers, 11 Best Things To Do In Enchanting San Miguel De Allende, How Boomers Are Blazing Their Own Retirement Paths, 5 Things One Florida Couple Loves About Their 55+ Community, Plus 3 Things They Dont, Retiring To Miami? Along with the small-town atmosphere, Collierville has award-winning parks and recreation facilities and all the amenities and services of an urban area blended with Southern charm and character. Horseback riding is a large part of this community, and many beautiful pastures and stables are scattered around the area. We've helped clients find homes deep in the mountains, or right in the heart of a vibrant downtown area. That includes finding the best place to retire in Tennessee. As a former city dweller, its nice having nice neighbors that are politely private. An inheritance tax is imposed on estates larger than one million dollars. Tennessee provides great healthcare for its citizens. I also think there is always something to do! Germantown boasts gorgeous parks and beautiful neighborhoods for all ages to enjoy. Fore! It's located on the west end of Tennessee, and hours away from vibrant, culturally rich, cities. Tims Ford Lake makes it perfect for fishing and boating enthusiasts. Crossville is just a short drive to three metropolitan areas. I feel like I have found own piece of heaven on Earth. I felt safe going into stores in this area because they have security in and outside of the stores. 55+ communities in Tennessee are an outdoor enthusiast's paradise. NASHVILLE, TN (WSMV) Tennessee ranks No. Along with that I feel a sense of safety and community in Knoxville. Chattanooga 3. 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. Full of some amazing things such as the Discovery Park of America Museum, White Squirrel Winery, and world-class fishing on Reelfoot Lake. There are more than 3,000 counties in the United States. Home to nearly 14,200 Tennesseans, Elizabethton is the Volunteer States safest city with the lowest total score corresponding with lightning, flood, hail, and tornado events. We're changing the way people 55 and older are searching for their perfect next place. There are also all the amenities you could ever want with a small town feel. See how each state treats retirees when it comes to income, sales, property, and other taxes. 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. Townsend is close enough to Gatlinburg for fun escapades and Knoxville for shopping and healthcare is less than an hour away. 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. Some are moving for a lower cost of living, and others are moving from liberal states desiring a more conservative government. Explore the best places to live in Tennessee, a state known for rock n roll, country music and Graceland, as well as the natural beauty of the Great Smoky Mountains. While visiting the Volunteer State, we noticed new housing developments everywhere we went, and I learned that many people, especially retirees, are moving to Tennessee. If youre a fan of fishing and looking to retire in Tennessee,Union Cityin Obion County just might be the place. New businesses and restaurants are gradually being established in the town, along with new residential communities. People from the northeast, midwest and even southeast are flocking to Tennessee in the masses, and for good reason. Townsend What makes these cities and towns so great? WebNASHVILLE, TN (WSMV) Tennessee ranks No. This is one of the questions we get asked a lot at Felix Homes. It's a great place to live if you enjoy quiet evenings and nights. The Tennessee River is a large part of Knoxville living, giving you waterfront dining and plenty of recreational activities. Although theres no state income tax, you will pay a higher sales tax rate than other areas of the country. With access to the surrounding rivers and lakes, it is near myriad outdoor activities. It's also very compact and easy to get around. Golf lovers looking to retire inTennesseeneed not look further. Walk score: 41. The Blue Ridge Mountains are not well populated, and are protected by the Great Smokey Mountains National Park. Those seeking to live in active adult communities in Tennessee will find that cost of living favorable. WebOur guide for best places to retire in Tennessee; Our guide for best retirement communities in Tennessee; Tellico Lake. Located in Hardin County, which is part of the Retire Tennessee initiative, Savannah sits beside the Tennessee River. Officials: China Real Estate Recovering From. WebAnd whats more, you don't have to compromise on quality to find something within your price range. Featured Review: Current Resident says I have lived in Madisonville my whole life. But one of the best things about Tennessee retirement is its climate. Unfortunately, Jackson makes the top 100 most dangerous cities in America list. I wish there were more retail locations, but due to the small nature of this city, I get it. Read 6 reviews. However, if you desire to do something like see a movie you will have to drive around thirty minutes to do anything. Nolensville 9. Read 25 reviews. WebFor instance, the city of Smyrna is a popular retirement destination in Tennessee for many reasons. I love it here but it is a residential town. Our mission is to serve the 50+ traveler who's ready to cross a few items off their bucket list. #3 - Franklin Why is Franklin one of the The states natural beauty, the amenities available, and the rural peacefulness combined with the mild temperatures make Tennessee inviting to retirees. The community works well together, and aims to maintain good credibility. Thats to be expected living in a area like this and its worth it. Read 3 reviews. Tennessee is also known for its rolling hills and open farmland. Following Louisiana is Alabama, ranking 50th for Education, and Mississippi, ranking 50th for healthcare. With its year-round mild climate, Tennessee provides a great environment for active seniors to enjoy. 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. While an excellent vacation destination, it is so much more. One-bedroom average rent: $1,678. Featured Review: Current Resident says It's a beautiful, quiet place where people wave to you when you pass. How many items can you check off? There are numerous campsites located just a short drive from both Nashville and Memphis. The Ultimate Guide to Finding Your Best Place to Live, What a Budget of $300,000 or Less Will Get You in 10 Cities Across the Country, 6 Affordable Islands You Can Actually Live On, 10 Best Cities for Antique & Flea Market Lovers, 10 People On What Its Really Like to Leave NYC for a Smaller City, Array Itreallyis a win-win! The Retire Tennessee Program 1. It is part of the Retire Tennessee program and is located in the northeast part of the state in the Appalachian Mountains. Perfect for those who want to slow down and enjoy life, Baxter County is a safe and quiet place for nature lovers.George Burba // Shutterstock. 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. 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 it here but it is a residential town. The Retire Tennessee Programis a state government initiative designed to highlight the most ideal locations to retire in across the state. She spent nearly a year as a writer for a credit card processing service and has written about finance for numerous marketing firms and entrepreneurs. 40 Niche users give it an average review of 4.1 stars. Paris has a regional hospital and is an hour from Jackson, Tennessee, which has a larger hospital. 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. If you like downtown living, Nashville could be one of the best places to retire in Tennessee. Population: 44,615- Median home value: $153,900 (82% own)- Median rent: $833 (18% rent)- Median household income: $58,418Popular cities for retirees in Wood County are Mineola and Winnsboro. Pigeon Forge is a small town that is well known for its amazing retirement benefits. Some of our clients chose to live in an active retirement community amongst other seniors seeking a social atmosphere full of amenities. Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities. #25. I feel. Current Resident: I've been a resident here over 10 years. 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. In addition, the countys renowned lakeside retirement communityTellico Villagespans over 5,000 acres and is touted as a premier retirement community in the Southeast. With plenty of restaurants to choose from, museums, and a fantastic music culture, Franklin is nothing shy of an amazing place to be. Many Civil War battles were fought in Tennessee, the most of any state, including the famed Battle of Murfreesboro. WebStay Safe. As retirees research retirement locations, Tennessee is often a top choice. Henderson County participates in the Retire Tennessee program. WebThere are plenty of hotspots in Tennessee, such as Nashville, Gatlinburg and Knoxville, as well as secluded locales that offer all the privacy you seek. Maury County is in the Retire Tennessee program. This town has a lot of potential.. 1 Niche users give it an average review of 3 stars. Chattanooga Heres the 5 Most Affordable Cities in Tennessee: Murfreesboro, TN Smyrna, TN Johnson City, TN Clarksville, TN Chattanooga, TN 8 Reasons to Move to Tennessee Murfreesboro / iStock Photo/csfotoimages 1. WebState: Tennessee County: Shelby, Davidson, 95 total Metro Area: Nashville-Davidson--Murfreesboro--Franklin, Memphis, 27 total City: Nashville-Davidson, Memphis, 428 total Zip Codes: 37013, 37042, 37211, 37130, 37122, 37075, 38401, 37064, 37129, 37167, 628 total Cost of Living: -10.1% lower New! That said, you can still get a lot of bang for your buck as the median household price is still affordable and new homes are being developed in popular cities such as Nashville, Memphis, Chattanooga, and Knoxville. WebBetween the low cost of living, natural beauty, and endless activities, there has never been a better time to call the state home. WebThe most common pre-tax contributions are for retirement accounts such as a 401(k) or 403(b). [10] => 122881 2007 - 2023 55places.com, a division of Neighborhoods.com. It boasts modest home prices, spectacular scenery, a reasonable cost of living, and numerous recreational opportunities. How is that even possible? Many want a peaceful and tranquil atmosphere in comparison to a big city. WebThis is one city thats a frequent best place to retire destination, and its Walk Score rating of 64.1 is another reason why. Kingsport 6. 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. Read on to find out why we named them some of the best places to live in Tennessee. Despite having a population of over 650,000 people, Memphis still very much feels like a small country town. Not only is Chattanooga a pretty place to call home, but it is also well known for being affordable. Street music, live music in many restaurants and other venues are available. Johnson City offers easy commutes to nearby locations, affordability, and many gorgeous natural settings. Johnson City has both a country setting and a city scene to choose from. Mt. Union City, TN 6. When you ask is Tennessee a good place to retire, Chattanooga is one of the cities to think of first. I'm very thankful for having the opportunity to live in such an amazing city like Knoxville, Tennessee. Read 666 reviews. Lenoir City has good growth potential but a very I also did some research and talked with various destinations and with members of the Tennessee Department of Tourist Development who run the Retire Tennessee program promoting the state as an ideal place to relocate and live during the retirement years, and this is what I learned. Tennessee is a nice blend of both extremes, living along the hundreds of lakeshore miles. Featured Review: Former Resident says 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. Featured Review: Current Resident says The town is very safe and welcoming, with it having a national laboratory and being a big science town, Oak Ridge is fairly diverse. The climate in Tennessee is mostly humid subtropical, except in the higher Blue Ridge and Appalachian Mountains. She loves cruising and inspiring others to live their dreams of travel. The citys cost of living is also a whopping 27.1% lower than the U.S. average, so folks looking to settle down here will get more bang for their buck. When youre looking at any list of the best places to retire in Tennessee 2021 or 2022, another top West Tennessee city is Collierville. At least when I applied, Yale residency compensation was one of the best in the country. Call (239) 349-2487 to reach Palm Paradise Real Estate now! Not much to do unless you enjoy small self-made businesses. There are also plenty of lakes, mountains, and historical landmarks to keep you busy. Due to many different lake activities, tourism keeps the locals busy all year long. Maryville has many places to go and have amazing experiences, like McKay's, my favorite bookstore and we even have a drive in theater. It has a historic downtown district similar to Franklin but on a smaller scale. The northeast can see bitter cold winters and the south can be excessively hot in the summer. The cost of living and high 65-plus population make it an all-around great place for retiring. The region boasts an abundance of shopping, entertainment and 240 acres of outdoor recreation. Active Adults have plenty of entertainment options around the entire state. Oak Ridge. The Tennessee area real estate market is booming! I love the people in Madisonville! The only downside is the that the cost of living is higher in this area. I wish there were more retail. Current Resident: Nice rural community conveniently located near Knoxville, Oak Ridge, Lake Loudon, and the Smoky Mountains. There are walking paths all round the town to encourage you to get outdoor and move your body, which I love! Even the best places to retire in Tennessee will have a high sales tax, but the low housing prices can make up for that. Her work has appeared on Money Under 30, The Motley Fool, MoneyGeek, E-commerce Insiders, and GoBankingRates. Senior Population: 20.8%. This town has a lot of potential. Read 5 reviews. Nashville is one of the fastest growing cities in the nation and over 12 percent of the population is over the age of 65. You do. Current Resident: The atmospheric presence is inviting to all. Activities galore, there is something for everyone. But did you know Tennessee is also one of the best states for retirees? I think there are many educational opportunities because of Knoxville great schools around town and a university in the middle of downtown Knoxville. Honestly, with me being a 511 African American female that says a lot about this area. PRO TIP: See homes for sale in Murfreesboro. 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. WebCurrent Resident: Nice rural community conveniently located near Knoxville, Oak Ridge, Lake Loudon, and the Smoky Mountains. When it comes to cleanliness, this is one of the cleanest areas that Ive ever seen in Memphis. Everyone is polite and nonjudgmental. Connecticut's place to go for things to do around Hartford and New Haven, including best restaurants, family events, live music, museums and more. Temperatures average in the mid 80s in the summer and mid 50s in the winter. 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. Locals in business and personally are friendly & courteous. Free camping spot so you can bring your boat and go fishing too! Featured Review: Current Resident says Sweet town, rich in culture, and full of fun things to do. As an alum, I recognize the importance of studying the Word of God and surrounding young students in an environment that is built off Christian values. The true pinnacle of Southern hospitality. Read 144 reviews. Retirees are drawn to Tennessee for its low cost of living and tax friendliness. But the city itself has a suburban feel and a high 65-plus population, making it great for retirees. WebU.S. A Realtor Weighs In On What You Need To Know, For details on Quillt's privacy and cookie policies, please visit our, The 10 Most Diversified Metro Economies in the United States in 2020. Tennessee Overhill is well and truly tucked away from the hustle and Maury County, TN 3. Spring City. WebIs Tennessee a good state to retire to? 3 in the nation as best states to retire in 2021, according to a report released by Bankrate.Tennessees overall score was 18.85 and the state ranked No. Excellent Community! The pre-civil war historic buildings along the 16-block Great American Main Street are the heart of the city. 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. Residents enjoy boating, hiking, fishing, and history-inspired adventures. 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. Youll get beautiful views, as well as all the shopping and dining options that draw tourists to the town. Entertainment and recreation activities are endless. 19 Niche users give it an average review of 3.9 stars. Kingston is also a historical location. 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 Our cities still have that small-town feel, but provide a tremendous amount of entertainment. Looking at the best places to live in Tennessee 2022 lists are similar. Home to the University of Tennessee at Martin, the northwest Tennessee town of Martin is a delightful small town that caters to both retirees and college students. Kingston Springs is a beautiful town located in Cheatham County just 20 miles southwest of the big city (Downtown Nashville). Retirable, Inc. ('Retirable') is an SEC registered investment advisor. Fun Fact: James K Polk, the 11th President, lived in Maury County. If looking for more of a small-town retirement spot, consider Townsend in East Tennessee. It has a beautiful small town charm. Clarksville 5. The program has 20 participating communities. Tennessee is one of the fastest growing states in America, with a population increase of almost ten percent since 2000. 55places Mortgage is a joint venture between Mutual of Omaha Mortgage and 55places.com.Details here. Read on to discover the best counties to retire to in Tennessee. Investing involves risk and past performance is not indicative of future results. There is arguably nothing prettier than having the great smoky mountains as a backdrop or living along the hundreds of lakeshore miles throughout the state. Interest receives a $1,250 exemption per person. Just a 20-minute drive from Memphis, Collierville has all the amenities of suburban living, along with a charming 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. From annual festivals like the fan-favorite Mule Day to historic Civil War trails and three wineries, residents always have something to do. It has a small town feel, but you are not very far from anything you could need. Although its a small city with just over 10,000 residents, dont let its size fool you. Featured Review: Current Resident says Nice rural community conveniently located near Knoxville, Oak Ridge, Lake Loudon, and the Smoky Mountains. Health, wellness, and fitness facilities are abundant. Active adult communities in Tennessee have nights that are cooler in the eastern portion of the state. Kentucky Lake, Tennessees largest lake is located in Paris. 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 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. Besides its natural beauty and great retirement communities, Tennessee is one of the most tax friendly states for retirees and seniors.
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