The Tennessee River is a large part of Knoxville living, giving you waterfront dining and plenty of recreational activities. With access to the surrounding rivers and lakes, it is near myriad outdoor activities. Many retirees are also seeking a slower-paced lifestyle with milder weather and plenty of ways to fill their days. 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. 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. Golf lovers looking to retire inTennesseeneed not look further. White House. Street music, live music in many restaurants and other venues are available. These Tennessee attractions and activities could entice you to retire to the state: Robin ONeal Smith is a freelance and travel writer. Most homes in Cheatham County are on over an acre of land so Kingston Springs is our pick for retirees who prefer some privacy. While an excellent vacation destination, it is so much more. This is a small little town where everyone looks out for each other and helps out their neighbors. Top places to live: Piperton (B), Oakland (B-), Rossville (B+) #21. Her work has appeared on Money Under 30, The Motley Fool, MoneyGeek, E-commerce Insiders, and GoBankingRates. Maury Countyis also home to two sizable active adult retirement communities a testament to the regions Southern charm and an incredible array of amenities. Overall Population: 4,945. Retirable, Inc. ('Retirable') is an SEC registered investment advisor. Tennessee is one of the fastest growing states in America, with a population increase of almost ten percent since 2000. There are several grocery stores, craft stores, and restaurants. Active adults in Tennessee's retirement communities are nearby top healthcare options. The state is covered with mountains and valleys along tributaries of the Tennessee River and the Tennessee River Valley. 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. Everyone is polite and nonjudgmental. Our climate is mild. It has a beautiful small town charm. The community works well together, and aims to maintain good credibility. Crossville has a variety of outdoor activities, such as fishing, canoeing and golfing at three different courses, making it an ideal destination for nature-lovers. Speak with a licensed fiduciary for free. 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. While there is always something going on inGermantown, from the horse show to its many beloved festivals, the proximity toMemphisfor great entertainment and food is also a huge draw. 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. Tennessee is a state with zero state income taxes and that is a big draw. Interest receives a $1,250 exemption per person. Their numerous hospitals and its supportive government create a positive atmosphere for the flourishing of healthcare. One of the most popular reasons is its home pricing is lower than both It is part of the Retire Tennessee program and is located in the northeast part of the state in the Appalachian Mountains. Featured Review: Current Resident says Nice rural community conveniently located near Knoxville, Oak Ridge, Lake Loudon, and the Smoky Mountains. [1] => 151567 Tennessee is known as a tourist destination but now many retirees are flocking to the state in search of a low cost of living and access to great healthcare. Thats to be expected living in a area like this and its worth it. Read 3 reviews. Featured Review: Current Resident says Sweet town, rich in culture, and full of fun things to do. If you're able to put up with higher property taxes, Davidson County has a lot to offer. The Retire Tennessee Programis a state government initiative designed to highlight the most ideal locations to retire in across the state. Read 5 reviews. You may also like: People who retire comfortably avoid these financial advisor mistakes. 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. 2 Niche users give it an average review of 5 stars. Its downtown is filled with antique shops and unique. Current Resident: I love Harriman! We evaluated those dimensions using 47 relevant metrics, which are listed below with their corresponding weights. Some counties participate in the Property Tax Freeze Program, which eliminates property tax for those aged 65 and older. My whole family lived on the same street, so it make it very easy to see each other. In addition, it offers several different active adult communities and assisted living facilities. Tennessee 55+ Active Adult Retirement Communities, Avenida Watermarq at Germantown - Germantown TN, 2007 - 2023 55places.com, a division of. 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. The elementary and middle schools are good, and the high schools are striving to offer more academic and career options for students. Read 53 reviews. It feels very safe, I have never experienced any scary disturbances. 81 Niche users give it an average review of 3.9 stars. [5] => 150280 Locals in business and personally are friendly & courteous. I feel safe at home, at school, and at all of my activities around town. More and more retirees are coming to The Volunteer State to live out their golden years. Oak Ridge. We dont have to leave the area that we live in because it offers many types of restaurants and retail stores. You will find cute boutiques, museums, and of course, plenty of river fun. ), Copyright 2010-2023 Livability - Journal Communications, Inc, These Are the Best Places To Retire in Tennessee, Living the Dream: A Simple, Sustainable Life in Small-Town Tennessee, American Association of Retirement Communities Seal of Approval, ranks as one of Tennessees most affordable cities, Ascend Federal Credit Union Invested in Success of Community, Cleveland, TN and Bradley County Build on Success of the Past, FirstBank Has Stayed True to its Community Roots. On average, the county property tax rate is .64 percent, about half the national average. WebPlanning to buy or sell a home in Silver Lakes RV Resort And Golf Club? Despite having a population of over 650,000 people, Memphis still very much feels like a small country town. Everyone is willing to lend a helping hand and there are plenty of opportunites given in Madisonville. It feels very safe, I have never experienced any scary disturbances. Free camping spot so you can bring your boat and go fishing too! How long will $100,000 last me in retirement. But the city itself has a suburban feel and a high 65-plus population, making it great for retirees. Studio average rent: $1,650. Not much to do unless you enjoy small self-made businesses. Youll have a short, one-hour drive to the Smokies combined with access to many of the amenities youd get in a big city. Martin has an extremely low cost of living and is only 40 minutes from Reelfoot Lake. In addition to all of these perks, one of the biggest draws for more and more retirees to call the city home is the unparalleled beauty of East Tennessee. There are also all the amenities you could ever want. Current Resident: Tellico Village is very clean, very safe and very, very beautiful. I felt safe going into stores in this area because they have security in and outside of the stores. The Volunteer State offers those looking to relocate and retire the ideal place to call home. We're changing the way people 55 and older are searching for their perfect next place. 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. When youre looking at any list of the best places to retire in Tennessee 2021 or 2022, another top West Tennessee city is Collierville. Kingston is also a historical location. Who doesn't want to do that? It's also very compact and easy to get around. Itreallyis a win-win! The states natural beauty, the amenities available, and the rural peacefulness combined with the mild temperatures make Tennessee inviting to retirees. Provides auto-suggestions when entering text, Niche requires Javascript to work correctly. Read more on how this ranking was calculated. I love the people in Madisonville! Seniors, in particular, love our rates as they want to keep more money in their pockets given the nature of retirement. Although theres no state income tax, you will pay a higher sales tax rate than other areas of the country. The only difficult decision is finding the right town or city to call home! If you like downtown living, Nashville could be one of the best places to retire in Tennessee. In addition, each community has also earned theAmerican Association of Retirement Communities Seal of Approval. Best States 2021 #1. Located just 17 miles south of Nashville, the music scene is alive and well in Franklin. Seldom do the words taxes and favorable go together, but in the case of Tennessee, they do! Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities. A good amount of places to enjoy food. When you ask is Tennessee a good place to retire, Chattanooga is one of the cities to think of first. 1 in affordability. Now that we covered the top 10 best places to retire in Tennessee, what are some places you should avoid? Union City Union City is located in Obion County, which is part of the Retire Tennessee program. New businesses and restaurants are gradually being established in the town, along with new residential communities. From walking trails, various parks, and several public golf courses, it's no secret why the population is on the rise! Retirees who are golf lovers will relish the opportunity to live in Crossville. Featured Review: Current Resident says I've been a resident here over 10 years. Walk score: 41. 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 Brentwood 2. Johnson City offers easy commutes to nearby locations, affordability, and many gorgeous natural settings. Excellent Community! 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. 3 Niche users give it an average review of 4 stars. Lenoir City has good growth potential but a very affordable cost of living. That made me feel safer in my environment. Between boating, fishing, golfing, hiking, and walking trails, you'll love spending your life on the lake! The area also features several waterfalls, including the easily-accessibleBlue Hole Falls. Good schools, a thriving job market and plenty of recreational opportunities are just a few reasons to call Tennessee home. Investing involves risk and past performance is not indicative of future results. What's the average retirement income for 2022? Featured Review: Current Resident says Tellico Village is very clean, very safe and very, very beautiful. Roughly an hour drive to the smoky mountains and half an hour away from Knoxville, Tellico Lake provides the best of both worlds. initiative combines industry-leading health and safety standards with virtual technologies designed to keep real estate moving forward, and give our employees, customers and partners confidence and support to stay safe. WebHere are the 10 most conservative places in Tennessee for 2019: Newport ( Photos) Savannah ( Photos) Church Hill ( Photos) Elizabethton ( Photos) Mount Carmel ( Photos) Lexington ( Photos) Lawrenceburg ( Photos) La Follette ( Photos) Sevierville ( Sitting between Knoxville and Pigeon Forge, retirees in Townsend definitely enjoy a small-town atmosphere with the mountains as a backdrop. 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. 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. Lets check out a few of the cities and towns that are popular with retirees. 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. Spring City. As a Christian, I strongly believe in integrity, strong work-ethic, and being involved in the community. The Methodist Medical Center of Oak Ridge was named the top hospital in Tennessee for two years in a row. Hialeah, FL. While there are plenty of shops, events and delicious local restaurants in the area, Loudon County is just a quick 24 miles outside ofKnoxville, where you can drive up to catch a University of Tennessee football game or stroll around downtown. Read 102 reviews. Spring City. Web2023 Cost of Living Calculator for Miscellaneous: Collierville, Tennessee vs Sarasota, Florida Change Places . 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. Tennessee provides great healthcare for its citizens. On average, the effective tax rate on your property is 0.74%. This town is growing slowly and there is good outlook in the future. The beauty in Tennessee is hard to describe. WebWhat is the average salary for a Resident Construction Manager I in Yale, IL? Theyre hands on and helpful when it comes to keeping him focused on his schoolwork. If looking for more of a small-town retirement spot, consider Townsend in East Tennessee. It is known for its peaceful atmosphere and vibrant local culture. The median home value is on the low end, so you'll really be able to stretch your retirement dollar here! NASHVILLE, TN (WSMV) Tennessee ranks No. Much of the city has a household income below the poverty line. Other communities are also excellent places to live but are not part of the program. 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! 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? Increased spending increases the risk of depleting your savings and performance is not guaranteed. There are more than 3,000 counties in the United States. Read on to discover the best counties to retire to in Tennessee. I love it here but it is a residential town. At Felix Homes, we've helped countless clients find their retirement dream home. If youre looking for something on the water, Lenoir City and Loudon offer sweeping views of Watts Bar Lake and Fort Loudon Lake. Not much to do unless you enjoy small self-made businesses. White House. In fact, according to the2021 Cost of Living Index, Tennessee ranks in sixth place for the lowest cost of living in the nation. Franklin 4. 5 Niche users give it an average review of 4.2 stars. After the war, a Tennessee Democrat became Abraham Lincoln s Vice President: Andrew Johnson. Is Tennessee a good place to live for retirement? Besides its natural beauty and LikeCrossville, Loudon County is also a top golf destination inTennessee. And, because of its smaller population, the tight-knit community here is unrivaled. From annual festivals like the fan-favorite Mule Day to historic Civil War trails and three wineries, residents always have something to do. 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. Web2023 Cost of Living Calculator for Miscellaneous: Collierville, Tennessee vs Sarasota, Florida Change Places . This is one of the questions we get asked a lot at Felix Homes. World-class whitewater rafting is available in the Cherokee National Forest. This is far enough outside of Nashville if you're seeking a laid back lifestyle, but just a short drive into the city where you can enjoy tons of shows, plays, concerts, restaurants, and museums. Henderson County participates in the Retire Tennessee program. According to Bankrates study, Florida is the best state for retirement in 2022, followed by Georgia, Michigan, Ohio and Missouri. 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. WebAnd whats more, you don't have to compromise on quality to find something within your price range. If you are considering relocating during retirement, look at each of these towns and others in the Retire Tennessee program. 27 Niche users give it an average review of 3.9 stars. Juliet 7. We want to inspire you to explore new destinations, discover new experiences and savor the journey. However, if you desire to do something like see a movie you will have to drive around thirty minutes to do anything. 3 Niche users give it an average review of 4.3 stars. King. Germantownis known for its equestrian roots and hosts the esteemedGermantown Charity Horse Show. Horseback riding is a large part of this community, and many beautiful pastures and stables are scattered around the area. Read 25 reviews. You can find retirees playing pickleball, fishing, biking, playing disk golf, and more. Not only is Chattanooga a pretty place to call home, but it is also well known for being affordable. See how each state treats retirees when it comes to income, sales, property, and other taxes. 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. Many retirees live in Germantown and residents tend to lean conservative. Smyrna 3. 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. In addition to no state income tax, the overall property tax rates are on the lower end. To me Harriman is one of the best places you can live. Read 13 reviews. Overall, Tennessee has an affordable cost of living. Fun Fact: James K Polk, the 11th President, lived in Maury County. 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. The state boasts one of the largest urban centers in the country is accessible in less than a day s drive, making it an ideal retirement destination that is close to friends and family. The more and more we drive around the downtown Nashville area, the more license plates we see from all across America. WebGood for Retirees Population 5,699 Tellico Village is very clean, very safe and very, very beautiful. PRO TIP: See homes for sale in Kingston Springs. As retirees research retirement locations, Tennessee is often a top choice. I wish there were more retail locations, but due to the small nature of this city, I get it. Read 6 reviews. WebFor instance, the city of Smyrna is a popular retirement destination in Tennessee for many reasons. The Retire Tennessee program consists of both rural and urban communities across the state. Call (239) 349-2487 to reach Palm Paradise Real Estate now! I would not want to live in any other city! The climate in Tennessee is mostly humid subtropical, except in the higher Blue Ridge and Appalachian Mountains. Why is Franklin one of the best places to retire in Tennessee? Chattanooga 3. The Blue Ridge Mountains are not well populated, and are protected by the Great Smokey Mountains National Park. Active adult communities in Tennessee have nights that are cooler in the eastern portion of the state. WebU.S. There are numerous campsites located just a short drive from both Nashville and Memphis. Located between Pigeon Forge is a small town that is well known for its amazing retirement benefits. Youll get plenty of shopping and restaurants around downtown, with your pick of live music venues in the famed Broadway area. The rural area offers mountainous wildlife reserves, lakes, streams, and the Cumberland Mountain State Park. And, if none of the above appeals to you, perhaps the two well-reviewed wineries in town will. Hike through lush forests in the 725-acreBuffalo Mountain Parkor visitBoone Lakefor fishing or boating. Featured Review: Current Resident says It is a small town. The schools and community are very welcoming and there is so much diversity in this little city, its truly. Current Resident: It is a small town. 70 miles east of Memphis is Jackson Tennessee. Between hiking, fishing in the river, golf, or canoeing, you won't be bored here. WebTennessees Safest Cities from Severe Weather Damage Elizabethton. Tennessee is a nice blend of both extremes, living along the hundreds of lakeshore miles. Hamilton NASHVILLE, TN (WSMV) Tennessee ranks No. 53 Niche users give it an average review of 3.6 stars. Youll also be just a short drive from Chattanooga, Nashville, and Huntsville, Alabama. Located in Hardin County, which is part of the Retire Tennessee initiative, Savannah sits beside the Tennessee River. 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. The only change I suggest having lived here for 22 years is to expand young adult life with fun hip restaurants or bars or an outdoor food truck park. Featured Review: Current Resident says I love it here, its a small town with lots of friendly people. But one of the best things about Tennessee retirement is its climate. Through proprietary research studies, engaging articles and original photography and video, we examine topics related to community amenities, education, sustainability, transportation, housing and the economy. The active downtown surely promises a great culture. [6] => 150265 They also earned a national award of excellence in heart failure treatment. 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 Yes, this Tennessee town is named after the city in France, and as a fun play on the town name, it has a mini-lighted Eiffel Tower replica. 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 Dyersburg is one of the cities we'd recommend you avoid. It has a historic downtown district similar to Franklin but on a smaller scale. Youll get beautiful views, as well as all the shopping and dining options that draw tourists to the town. Take A Step Back In Time Visiting Tennessees Mayberry Town, How To Spend A Perfect Day In Johnson City, Tennessee. Choosing the perfect one for retirement can be both exciting and stressful. Germantown is in Shelby County and is one of the best places to live in Tennessee. 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. WebStay Safe. Featured Review: Current Resident says Clinton is a small town but close to Knoxville and lots of dining and entertainment. Nashville is arguably the Crown Jewel of Tennessee with all its thriving industries, entertainment and opportunity. Those looking to ride will have plenty of opportunities to do so! Full of some amazing things such as the Discovery Park of America Museum, White Squirrel Winery, and world-class fishing on Reelfoot Lake. Locals in business and personally are friendly & courteous. PRO TIP: See homes for sale in Murfreesboro. Situated on the great Mississippi River, Memphis has a unique character that cannot be duplicated in any other city on our list. Lenoir City has good growth potential but a very affordable cost of living. The city of Knoxville is located in East Tennessee and is nearly 1/4 the size of Memphis with a population of 180,000 people. 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. WebIs Tennessee a good state to retire to? To me Harriman is one of the best. Current Resident: I would not want to live anywhere else! 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. Retirees enjoy the low cost of living, rolling hills, and Southern hospitality and charm in Maury County. We promise, there is nothing more satisfying than having your morning coffee on your back deck overlooking the natural beauty of the great smoky mountains. The scenic Duck River, the most biologically diverse river in North America, runs right throughMaury Countyand is ripe for fishing, bird watching and kayaking. The pre-civil war historic buildings along the 16-block Great American Main Street are the heart of the city. Just 30 miles south ofNashville, the rolling hills ofMaury Countyspan acrossColumbia,Spring HillandMount Pleasant, but we couldnt choose just one city to highlight. #3 - Franklin Why is Franklin one of the When it comes to cleanliness, this is one of the cleanest areas that Ive ever seen in Memphis. 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. Retirees living there report gorgeous sunsets over the water on the seven lakes within the county. You are sure to find one that is perfect for you to enjoy and call home. 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. Contents1 What part of 102 Niche users give it an average review of 4.6 stars. With its year-round mild climate, Tennessee provides a great environment for active seniors to enjoy. There are plenty of hotspots in Tennessee, such as Nashville, Gatlinburg and Knoxville, as well as secluded locales that offer all the privacy you seek. 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. WebThis time of the year, tree pollen is the common culprit, as mesquite, palo verde, ash and cottonwood trees are starting to bloom in southern Arizona. Why is Tennessee not a good place to retire? Learn more about Franklin and the Reasons To Visit Americas Favorite Quintessential Main Street. Most real estate agents charge a 3% commission fee to help you sell, we charge a 1.5% fee. [4] => 151188 This small town really feels like home thanks to its residents' Southern hospitality. The historical society is making the town a better place. McMinnville. It is within close proximity to lakes, mountains and outdoor activities. I love it here but it is a residential town. Established as a railroad town in the 1850s, this city does not lack charm, and its downtown is packed with local restaurants, art galleries, music venues and coffee shops. WebCurrent Resident: Nice rural community conveniently located near Knoxville, Oak Ridge, Lake Loudon, and the Smoky Mountains. Nashville is known for the Grand Ole Opry and the Country Music Hall of Fame, and is nicknamed Music City, USA . 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. Featured Review: Current Resident says I actually fell in love with this area 3 years ago. The variety of delicious wines fromCrossvillesownStonehaus Wineryare now the featured wines at the Grand Ole Opry. Tennessee is a nice blend of both extremes. That includes finding the best place to retire in Tennessee. Crossvilleis considered the Golf Capital of Tennessee thanks to the areas nine championship golf courses. Johnson City has both a country setting and a city scene to choose from. Tennessee is the home of history, nature, a mild climate, and many types of music.