The only two states to rate higher than . Lee Coursey - Flickr. STATE'S TAX RATING FOR RETIREES: Not Tax Friendly. A. Viewed in a totality, it is clear to see why more and more people are selecting Knoxville and the surrounding areas of East Tennessee as their best place to retire. Academy Place. Jan. Low - 27 Avg. Cost of Living: -11.2% lower. 12 Best Places to Retire in Tennessee. The cold winters allow for hockey and ice fishing, and the warmer months . Metro Area: Knoxville Metro Area. Next on our list of the cheapest places to live in Tennessee is one that's barely in the state. Redirecting to /advice/lifestyle/ten-best-cities-to-retire-in-tennessee (308) Two Rivers Landing RV Resort. Franklin. Maryville College, a private liberal arts college of 850 students, is the main attraction for . . Next up on our list of 15 best places to live in Tennessee is Franklin, a town also located in the desirable Williamson County that is home to 68,500 residents. Population 5,671. But Philadelphians know their city as a green, welcoming, community-minded place. Wilson Dam and Lake. 5. #8 Best Places to Retire in Tennessee. The following river communities offer a water lifestyle while situated on or near a river. Combined, they feature 750 miles of shoreline and more than 25,000 acres of water surface. Detroit, Michigan. There are five counties surrounding the 800 miles of Norris Lake shoreline: Anderson, Campbell, Claiborne, Grainger and Union. 10. The median home value is around $146,500 and monthly apartment rentals are around $700 per month. Old Hickory Lake. 5. 254 Bluefield Road Mooresville NC 28117. Good for Retirees. Historical Parks - LBJ Presidential Hometown and the President and First Lady's final resting place at the LBJ National Historical Park. In terms of affordability, Tennessee boasts low unemployment rates, a comfortably low cost of living - and no personal income tax. That's why GOBankingRates compiled a list of the 20 best cities to live off of just Social Security. Chattanooga. It often rivals Summerlin as the premier place to retire in Nevada. School Ranking: A+. AVERAGE INCOME FOR POPULATION 65+: $47,350. Plenty of hours of full sun during the day . 4. The study factored in the cost of living, livability and median rent and after comparing . 3. Memphis, Tennessee. If being close to a big city is an important factor in deciding where to retire, we'd suggest Brentwood as the best of the Nashville suburbs, while Germantown is the best place to retire near Memphis. Jackson, Mississippi. The suburb is well-known for its beautiful greenery and rolling hills. The health care and automotive industries are big players, with over 300 health-related companies and more than 900 automotive . And our research shows that this is the town on our best places to retire in Tennessee list that has the most medical facilities per 1,000 people. Kevin Oliver - Flickr. The best places to retire in Tennessee are fairly well spread out around the state, with a bit of a higher concentration in the Nashville Basin. Thanks to its location in the foothills of the Smoky Mountains, the town is blessed with stunning scenery stretching as far as the eye can see. Lakeland, Florida. Population 50-plus: 48.4%. Lee Coursey - Flickr. Union City. It used to be that Jack Daniels, and Dolly Parton were the most common names to come out of Tennessee; but now, we can add Germantown to that list. Tellico Plains is a charming, antiquated town in Southeastern Tennessee that's best known as the 'gateway to the Cherokee National Forest.'. Fayetteville, Arkansas. Source: KennStilger47 / Shutterstock. The Retire Tennessee program is a state government initiative designed to spread the word about all of the great reasons for retiring or relocating to the Volunteer State. Lake Frederick in the Shenandoah Valley (near Winchester VA) was nominated by Jan Sedaka. If being close to a big city is an important factor in deciding where to retire, we'd suggest Brentwood as the best of the Nashville suburbs, while Germantown is the best place to retire near Memphis . Franklin. Smyrna. Tellico Plains. North Dakota. Zip Codes: 37803 37801 37804. Nestled in the Tennessee foothills of the Great Smoky Mountains, Tellico Village is a premiere active adult retirement community situated along Tellico Lake. Median Home Value: $96,700. The competition was fierce to say the least. The Real Estate Market. Kingsport. Tall Pines Estates Community. It is one of the best-kept secrets in the state, where the median home value is a mere $56,946. City. Arrow Creek Campground. 10. The city has been transformed into a cultural mecca of great restaurants, parks, and obviously entertainment. July High - 87. As a suburb of Nashville, Brentwood consistently ranks as one of the best places to live in Tennessee and in the United States overall. COVID-19 has certainly taken its toll on Wisconsin, but its workforce has fared better than much of the country, with its unemployment rate at 5.7% in October compared to the country's 6.9%. North Dakota's $12 billion in unfunded pensions for 2020 is the third-lowest total among all 50 states, but that was an . As one of the best places to retire in Florida, The Palm Beaches is featured on our 2022 list of the best places to retire in the country. Lookout Belle - Flickr. Average home prices were $91,513 in early 2020. Tellico Plains. 5. You'll appreciate Brentwood if you're into walking trails and . Philadelphia may not seem like the most obvious place to settle down into retirement the big, old, noisy East Coast city is as famous for its grumpy sports fans as for its history. The community boasts of a stunning view of the Cumberland River, which makes it a dream place to retire. COST OF LIVING FOR RETIREES: 11% below the national average. - Lake Eufaula, OK - This area in east central Oklahoma is a popular resort and a low-key, relaxing retirement spot. The best places to retire in Tennessee are fairly well spread out around the state, with a bit of a higher concentration in the Nashville Basin. In Henderson, there's so much at your fingertips; from golf . You may also like: Best places to retire on the East Coast Florence, Alabama. The 55-mile-long Fort Loudon Lake, just 8 miles from Knoxville, is linked by canals to Tellico Lake. Sitting in five counties in north central Tennessee, Old Hickory Lake is a reservoir that was created by the Old Hickory Lock and Dam in 1952. 3. Tennessee Tourism. There is a large lake, Smoky Mountains close by, woods, hiking boating, golf, birding, swimming, gym, pools, restaurants, a library.. View nearby homes. Alcoa is the cheapest place to live in Tennessee. With its warm weather and low living costs, Georgia ranks third among our Best States for Retirement. If you would like to retire in a small town with a community-oriented atmosphere, tree-lined sidewalks and almost within walking distance of one of the best trout streams to be found anywhere, you just might want to pay a visit to Norris, Tennessee, a unique garden-like village resting within the shadows of the Great Smokies and Cumberland Mountains in the lake country of East Tennessee. 4. Situated on a scenic peninsula overlooking the Great Smoky Mountainswith 10 miles of shoreline along Lake TellicoRarity Bay is ideal for retirees as well as second home and vacation property buyers seeking peaceful Tennessee waterfront living. The Palm Beaches, Florida. Fairfield Glade is home to 11 lakes, 25+ miles of walking and hiking trails, 5 golf courses, recreation, and fitness complexes, and overlooks a beautiful mountain backdrop. There are always ongoing events and plenty of fun places to explore. 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. Even the fiscal health of the state is one of the best in the nation. Housing costs for retirees in Knoxville are the biggest factor bringing down costs, at nearly 30% below the national average. Texas had $401 billion in unfunded pension promises in 2020, up $100 million - or 33% from 2019. Carol Dunn McKay brought Kentucky Lake to our attention, a gigantic lake near Murray, a Kentucky-college town, and Paris, Tennessee, a town located between two giant lakes. Community Lifestyles: 55+ Communities, Active Retirement, Oceanfront or Coastal (or near), Real Estate Homes and Land. If being close to a big city is an important factor in deciding where to retire, we'd suggest Brentwood as the best of the Nashville suburbs, while Germantown is the best place to retire near Memphis . The city has a strong literary history, as the hometown of southern gothic writer William Faulkner, and the Ford Center for Performing Arts celebrates local artists and musicians. Sonoma Valley Wine Country, California - Sonoma Valley, in California's famous wine country, is the perfect place to retire. Located in Hardin County, which is part of the Retire Tennessee initiative, Savannah sits beside the Tennessee River. Tennessee does have luxury homes, but the housing market is one of the most affordable states in the country. Source: James R. Martin / shutterstock. I'm a single 54-year-old female looking to retire in the next 10 years, but looking to move to my future retirement spot during the next two years. The best place to live in Tennessee for 2022 is Germantown. Savannah. It also has some pretty cool attractions, including the Tennessee Museum of Aviation and NASCAR SpeedPark, among others. If that isn't interesting enough, Lewisburg also has a drive-in movie theater, which is very popular in this small-town. The draw of living near water is undeniable. Cabins and vacation homes are available for rent that sit along the shoreline. Germantown is beautiful, quaint, safe, and bursting at the seams with great people. The Culture Trip names Chattanooga as one of the most beautiful places to live in Tennessee, as this urban location is surrounded by natural beauty. The Academy Place retirement community in Tennessee is another great spot for nature lovers. 5. State: Tennessee. Both of these towns are frequent nominees for "best place to retire" lists. Rainfall: 51" Snowfall: 11". Best Places to Live in Tennessee in 2022-2023 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. City of Largo. As the second-largest city located just southeast of Las Vegas proper, it's a fully-established city with plenty of its own attractions. City: Maryville. The house budget is broad: $250,000 to $450,000.-The cost of living is low;-The temperature is a maximum of 80 degrees and no lower than 50 during the day (my wife can't take much more heat than . Thanks to its location in the foothills of the Smoky Mountains, the town is blessed with stunning scenery stretching as far as the eye can see. 5. Nestled in Middle Tennessee, Smith County has some of the most breathtaking views in the entire state. A waterfront community near the Florida border, St. Simons was a point of interest in 18th-century European colonial land battles. The best places to retire in Tennessee are fairly well spread out around the state, with a bit of a higher concentration in the Nashville Basin. Butler. 2. 4. Situated just an hour north of the great smoky mountains national park, and home to the legendary University of Tennessee college football team, Knoxville surely makes our list of best places to retire in Tennessee. Originally located precisely where the lake is, the town of Butler was submerged in 1948 as the reservoir filled. The population in Sanibel grew by -1.3% from 4/1/2010 through 4/1/2020 (source: U.S. Census Quick Facts), which is above the overall U.S. rate of 9.1%. Lake Eufaula has approximately 143,000 acres of water and over 600 miles of shoreline. Smith County is made up of three main towns (Carthage, Gordonsville, and South Carthage), and all of them have something . Housing costs are slightly higher than other Tennessee retirement meccas, within two percent of the national average, at a median price of $184,600, compared to $181,400, a metric which pales in comparison with all the other amenities Maryville offers. We are not at all surprised. Smyrna is a very good place to raise kids and have good occupational choices to choose from Nashville is only a 30 minufrom Smyrna. Tellico Plains is a charming, antiquated town in Southeastern Tennessee that's best known as the 'gateway to the Cherokee National Forest.'. Knoxville and Nashville feature many lakes offering every form of outdoor recreation. Smith County is made up of three main towns (Carthage, Gordonsville, and South Carthage), and all of them have something . Oxford, Mississippi. Chattanooga. The Home Value Index was a bargain at $190,726 in 2020. I love dry summer weather, hiking, biking . Best Places to Retire - Previous List: This year: Best Healthiest Places to Retire To: For me, healthy places means pure and clean air and water. Nolensville. Less than 60 minutes outside of Knoxville Tennessee sits this beautiful community. Population: 83,000. Percentage of the Population Over 65: 20.3%. You may know Walland because of the ever-popular Blackberry Farm and its close vicinity to Townsend. Oxford ranks as one of the best college towns to retire for seniors who desire a low cost of living and want to steer away from larger cities. Kevin Oliver - Flickr. We list here the places we personally love. Visit our library to find help and to learn how to calculate property taxes in Tennessee. The estimated property tax millage rate ranges from $1.76 to $2.50 per 25% of $100. States that have relatively large 65 and older populations are likely to also have plenty of retirement homes and communities. Most of the valley is flat agricultural land, with side canyons cutting into tall, steep hills on either side. When considering a city to live in for your senior years, several cities in the U.S. rank well in terms of affordability. Brentwood, TN. 181 reviews. You may know Walland because of the ever-popular Blackberry Farm and its close vicinity to Townsend. Population: 173,890 Metro Area: 687,000. Average 1-BR rent price: $896. To see Tennessee's other best of the best cities, take a look below. Mean Travel Time to Work: 32 minutes. Saguaro Lake, 40 miles northeast of Phoenix, has 22 miles of shoreline. And for travel aficionados who are looking to fill up their bucket list with various visits to . The area provides easy access to several walking and biking trails as well as hiking destinations. Tennessee Tourism. More than 125 homes and a projected fifty businesses moved to higher ground, the . Canyon Lake, smallest at 950 acres, is about 40 miles east of Phoenix. Cumberland Mountain RV Community. Townsend. If you love to play golf, you get your choice of more than 160 . Along with each RV retirement community, we'll cover the best activities in each area. Old Hickory Lake. 2. Each park comes with its own awesome perks and benefits. If you desire to retire on the water with the sound of the river echoing in the background, this might be the perfect location. There is an incredible amount of Lakefront area for property all through the city. Napa is one of five towns in the valley and all have that California vacation town feel that makes for a great retirement locale. Rent for a one-bedroom apartment can range from $500 to $700 in . Tellico Village is very clean, very safe and very, very beautiful. Walland. Waterfront property doesn't have to be . Not to mention, its one of the wealthiest cities in America! Small town with 1800 people. Tennessee ranks as the 24th worst state for a physically and socially active retirement. Price Range: High $100ks - Mid $200ks Number of Homes: 114 Homes Age Restrictions: 50+ Age Restriction. The other towns are Calistoga, Oakville/Rutherford, St. Helena and Yountville.
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