It's also very compact and easy to get around. The Retire Tennessee program helps current and prospective residents narrow down the best places to spend their second act. We understand everyone has their own unique goals and desires for their retirement years. Your life can be as active as you'd like. The state is covered with mountains and valleys along tributaries of the Tennessee River and the Tennessee River Valley. 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 A look at the top 10 most livable cities in the Volunteer State. It's no wonder residents refer to Tellico Village as "paradise". 40 Niche users give it an average review of 4.1 stars. 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. According to Bankrates study, Florida is the best state for retirement in 2022, followed by Georgia, Michigan, Ohio and Missouri. Tellico Village boasts three of the Southeasts top championship golf courses. It feels very safe, I have never experienced any scary disturbances. No matter the season, the smoky mountains of Tennessee will always be a magnificent sight to see. Furthermore, even Forbes has placed it in the best places to retire in The Methodist Medical Center of Oak Ridge was named the top hospital in Tennessee for two years in a row. There is no capital gains tax on your retirement income. There's no question Nashville makes our list of best places to retire. Seniors, in particular, love our rates as they want to keep more money in their pockets given the nature of retirement. Germantown boasts gorgeous parks and beautiful neighborhoods for all ages to enjoy. One-bedroom average rent: $1,678. #25. When youre looking at any list of the best places to retire in Tennessee 2021 or 2022, another top West Tennessee city is Collierville. Featured Review: Current Resident says I actually fell in love with this area 3 years ago. 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. Springbrook park neighborhood is exceptional!!! Overall Population: 4,945. 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. [1] => 151567 WebTennessee Tourism 3. I feel. Current Resident: I've been a resident here over 10 years. To me Harriman is one of the best. Current Resident: I would not want to live anywhere else! WebTennessees Safest Cities from Severe Weather Damage Elizabethton. Dickson. On average, we help our clients save $12,375 when buying or selling a home. Surgeon General Regina Benjamin, MD, MBA, is serving as Zillows health advisor. The only downside is the that the cost of living is higher in this area. It is very important to do your own analysis before making any decisions based on your own personal circumstances. Our goal, to share the worlds unique, hidden and once in a lifetime locations with you to create unforgettable memories. 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. 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. Union Cityhas plenty to do, including the state-of-the-artDiscovery Park of America Museumand theWhite Squirrel Winery. 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. [0] => 148745 Best Places to Live Cedar Falls, Iowa Idaho Falls, Idaho Jackson, Tennessee Anderson, South Carolina Fort Worth, Texas Philadelphia, Pennsylvania Lansing, Michigan With a population of roughly 17,000, it's surprising how high the crime rate is compared to the national average. 666 Niche users give it an average review of 4 stars. Featured Review: Current Resident says Nice rural community conveniently located near Knoxville, Oak Ridge, Lake Loudon, and the Smoky Mountains. Franklin has been in the top ten list for several years, moving up to the number three position from eighth last year. The states natural beauty, the amenities available, and the rural peacefulness combined with the mild temperatures make Tennessee inviting to retirees. There is a large lake, Smoky Mountains close by, woods, hiking boating, golf, birding, swimming, gym, pools, restaurants, a library. View nearby homes Norris Town in Tennessee 4 reviews The roads are good and neighborhoods are very safe. Read 28 reviews. For more information on how we rank, read theBest Places to Live methodology. This upscale community on the outskirts of Memphis has a good reason to be on the list of where to retire in Tennessee. Kentucky Lake, Tennessees largest lake is located in Paris. Youll get plenty of shopping and restaurants around downtown, with your pick of live music venues in the famed Broadway area. We're changing the way people 55 and older are searching for their perfect next place. The basic rules of supply and demand will apply here as well, and as more people enter the state, and very few leave, house prices are certainly expected to rise. Townsend What makes these cities and towns so great? Excellent Community! Crossville is just a short drive to three metropolitan areas. 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. 144 Niche users give it an average review of 4.1 stars. New businesses and restaurants are gradually being established in the town, along with new residential communities. 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. Active Adults have plenty of entertainment options around the entire state. Featured Review: Current Resident says Mascot, TN is for many true Southern comfort. Read on to discover the best counties to retire to in Tennessee. However living in the country has its drawbacks like long commute times etc. Read 1 review. Livability explores what makes small-to-medium sized cities great places to live. Pro Tip: There are so many magnificent parks in Germantown, no home is more than one mile from a park. Maury County, TN 3. Located in Hardin County, which is part of the Retire Tennessee initiative, Savannah sits beside the Tennessee River. Speak with a licensed fiduciary for free. Nashville 8. Although its a small city with just over 10,000 residents, dont let its size fool you. 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. Along with that I feel a sense of safety and community in Knoxville. This small town really feels like home thanks to its residents' Southern hospitality. Tennessee 55+ Active Adult Retirement Communities, Avenida Watermarq at Germantown - Germantown TN, 2007 - 2023 55places.com, a division of. 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. Featured Review: Current Resident says Louisville is such a pleasant little town to live in. 102 Niche users give it an average review of 4.6 stars. To empower a confident, worry-free retirement for everyone. The town of Sparta may be under 5,000 residents, but 20% of those are over the age of 65. The Retire Tennessee Programis a state government initiative designed to highlight the most ideal locations to retire in across the state. The city has the highest percentage of people over 60 years old in the state of Tennessee, so theres a vibrant retiree community in place, with a ton ofpotential for It is within close proximity to lakes, mountains and outdoor activities. 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. In addition, each community has also earned theAmerican Association of Retirement Communities Seal of Approval. You are sure to find one that is perfect for you to enjoy and call home. Web4- Tennessee Overhill This area has all the peace and quiet that youve been dreaming of for your retirement. The true pinnacle of Southern hospitality. Read 144 reviews. [5] => 150280 Temperatures average in the mid 80s in the summer and mid 50s in the winter. 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. 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? 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. Crossville, TN 2. Income tax in Tennessee does not apply to salary or wages, but it does apply to income from stocks, bonds and notes. Retirees living here are close to world-class healthcare in Memphis. Both are diverse, small towns with supportive communities where you find a mix of new families and retirees.xradiophotog // Shutterstock Some counties participate in the Property Tax Freeze Program, which eliminates property tax for those aged 65 and older. Youll get slightly colder winters in Kingsport, but the summers are milder than other areas of the state. King. What's the average retirement income for 2022? Despite having a population of over 650,000 people, Memphis still very much feels like a small country town. Unfortunately, Jackson makes the top 100 most dangerous cities in America list. Some of the cities on this list are growing, but they all retain their tax friendliness and Southern charm. [9] => 122894 It has a historic downtown district similar to Franklin but on a smaller scale. Oak Ridge. Tennessee is a nice blend of both extremes, living along the hundreds of lakeshore miles. From music and world-renowned food to the more than 60 national and state parks that Tennessee boasts, whatever you are looking for in a place to retire, this state has it. To be included, each community must meet the states criteria of providing amenities needed to be considered a viable retirement destination. WebBest Places to Live Best Places Real Estate Money Home 4 matches Sort by: Real Estate Rankings Best Places to Live Best Places to Retire Rankings Category Population Size X Tic Toc Ice Cream is a great place to get ice cream. Read 8 reviews. Germantown is in Shelby County and is one of the best places to live in Tennessee. Union City, TN 6. Within Shelby County, Collierville is on the outskirts of Memphis. There are walking paths all round the town to encourage you to get outdoor and move your body, which I love! 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. Watts Bar Lake, Tennessee River and access to theKingston is also a historical location. Retirees are drawn to Tennessee for its low cost of living and tax friendliness. Springbrook park neighborhood is exceptional!!! That made me feel safer in my environment. Sales tax in the state is 7 percent, but food is at 5.5 percent, and local areas add to the state tax. In addition to no state income tax, the overall property tax rates are on the lower end. 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. Tennessee is the home of history, nature, a mild climate, and many types of music. If looking for more of a small-town retirement spot, consider Townsend in East Tennessee. Residents enjoy boating, hiking, fishing, and history-inspired adventures. WebTellico Village Loudon, TN Low $400s - High $2Ms 3,375 Homes New And Resale Homes View This Community Del Webb Lake Providence Mt Juliet, TN High $300s - Mid $700s Still have questions about how to properly plan for retirement? While an excellent vacation destination, it is so much more. If you desire to retire on the water with the sound of the river echoing in the background, this might be the perfect location. I would not want to live in any other city! The Tennessee area real estate market is booming! Housing prices are low and Tennessee was about to end its remaining state income tax on dividends and interest. Retiring to Tennessee is often a significant financial plus when moving from states at the top of the scale. Pigeon Forge is a small town that is well known for its amazing retirement benefits. Tennessee's active adult communities live near areas that are rich in history and are filled with culture, recreation and social opportunities. Why is Franklin one of the best places to retire in Tennessee? The variety of delicious wines fromCrossvillesownStonehaus Wineryare now the featured wines at the Grand Ole Opry. 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. The scenic Duck River, the most biologically diverse river in North America, runs right throughMaury Countyand is ripe for fishing, bird watching and kayaking. This town has a lot of potential.. 1 Niche users give it an average review of 3 stars. Activities galore, there is something for everyone. 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. I feel safe at home, at school, and at all of my activities around town. Anywhere along Tellico Lake is nothing shy of a dream. Between the art scene, and the birthplace of country music, this is undoubtedly amongst the best places to retire in Tennessee. 6 Niche users give it an average review of 4.2 stars. 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. 19 Niche users give it an average review of 3.9 stars. 5 Niche users give it an average review of 4.2 stars. Monroe Were not sure where to start! Ranking based on data from the U.S. Census, FBI, CDC, and other data sources. Kingsport 6. ( LikeCrossville, Loudon County is also a top golf destination inTennessee. See how each state treats retirees when it comes to income, sales, property, and other taxes. But many of our clients don't want to adhere to the various restrictions or rules a 55+ community can put in place. Population: 19,413- If you are considering relocating during retirement, look at each of these towns and others in the Retire Tennessee program. Will mention there is probably more than half of resident in Vonore (Monroe) Co. are most transporting by vehicle. Read 4 reviews. 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. Chattanooga 3. When it comes to cleanliness, this is one of the cleanest areas that Ive ever seen in Memphis. If you're able to put up with higher property taxes, Davidson County has a lot to offer. Featured Review: Current Resident says Clinton is a small town but close to Knoxville and lots of dining and entertainment. We dont have to leave the area that we live in because it offers many types of restaurants and retail stores. ), 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. The list goes on and on. Featured Review: Current Resident says I have lived in Friendsville, TN since I was a child. Stephanie Faris has written about finance for entrepreneurs and marketing firms since 2013. Free camping spot so you can bring your boat and go fishing too! Retirees find this state a great location to call home for numerous reasons. 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. WebOur guide for best places to retire in Tennessee; Our guide for best retirement communities in Tennessee; Tellico Lake. Alum: Pasadena Christian School, PCS, is in the heart of the safe and suburban area of Pasadena, California. Sparta is the town people go to retire to enjoy the outdoors and quieter side of life. It feels very safe, I have never experienced any scary disturbances. The best states to retire in 2022. Besides its natural beauty and 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. Murfreesboro There are plenty of great cities to live in, or near, picking between popular cities like Memphis, Nashville, Chattanooga, and Knoxville is nearly impossible. The high 65-plus population and low cost of living make it a great choice for any retiree. Tennessee Overhill is well and truly tucked away from the hustle and My whole family lived on the same street, so it make it very easy to see each other. 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. From Chattanooga to Nashville, from a mountainside to a lakeshore, and everything in between, we have you covered. 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. I think there are many educational opportunities because of Knoxville great schools around town and a university in the middle of downtown Knoxville. These Tennessee attractions and activities could entice you to retire to the state: Robin ONeal Smith is a freelance and travel writer. WebNASHVILLE, TN (WSMV) Tennessee ranks No. You can find retirees playing pickleball, fishing, biking, playing disk golf, and more. Overall, Tennessee has an affordable cost of living. Mt. 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? Some of our clients chose to live in an active retirement community amongst other seniors seeking a social atmosphere full of amenities. 4 Niche users give it an average review of 4.5 stars. News analyzed 150 metro areas in the United States to find the best places to live based on quality of life and the job market in each metro area, as well as the value of living there If you like downtown living, Nashville could be one of the best places to retire in Tennessee.
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