Tennessee Growing In Popularity As Affordable Retirement Destination
Tennessee has long been popular as a vacation destination, but, recently, more and more people are
discovering that its mountains and lakes, mild climate, affordable housing, and the absence of an income tax make it a great
place for retirement living. With a diverse and beckoning landscape ranging from the towering peaks of the Great Smoky Mountains
in the east to the meandering waters of the mighty Mississippi River along its western border, Tennessee offers a unique blend
of culture and tradition.
Anyone moving to Tennessee quickly becomes acutely aware of these historical
influences. They are readily apparent in the rich and varied musical lineage, reaching from the bluegrass and folksongs of
the mountains and extending to the country music of Nashville and the soulful blues of Memphis. Together with a deep appreciation
for traditional arts and crafts, such factors add up to a lifestyle that provides a constant stream of entertaining attractions
Combine these ingredients with the natural recreational opportunities to be enjoyed
in Tennessee's great outdoors... its majestic mountains, network of wilderness areas and vast network of lakes and waterways...
and one quickly realizes the potential for an exciting and adventure-filled retirement in this beautiful state.
See more details on these Tennessee cities:
The Mountains and
Lakes of East Tennessee Offer Great Places To Retire
In East Tennessee near Knoxville and the foothills of the Great Smoky Mountains, retirees can choose from a number of waterfront or golf course resort communities.
Although most of these are not designed exclusively for retirees, a significant portion of buyers are, in fact, retired and
relocating to the area from Michigan, Ohio and other mid-western and eastern states. Also, Floridians, many of whom first
discovered the mountains and lakes of East Tennessee while vacationing here, are now returning in search of their retirement
While Knoxville is the economic hub of the region, it is primarily the smaller towns
surrounding the city that are experiencing the strongest impact from this influx of new retirees. Communities closest to the
lakes and mountains, such as Loudon, Maryville, Kingston and Morristown, are all benefiting
from an increased interest from out-of-state retirees.
Norris, a small village just twenty minutes from downtown Knoxville, is becoming a popular choice for retirement
living, largely because of its quality of life and proximity to beautiful Norris Lake. Built in the 1930's to house workers
for TVA's Norris Dam, Norris was designed as a true master-planned community with a network of small, bungalow-style
homes connected by a network of winding streets, walking and hiking paths and sidewalks. Within minutes of three state parks
and the trout-filled Clinch River, residents find plenty of opportunities for outdoor recreation, ranging from boating and
fishing to bird watching and hiking.
Active Adults Find Middle Tennessee An Affordable Place For Their Retirement Homes
Home to two major
league professional sports teams and a growing number of corporate headquarters, Nashville is the cultural, financial and
medical center for Middle Tennessee and a great portion of the Mid-South. Boasting of a national and world wide reputation for its influence on country music, the city is also gaining recognition
as a center for a much broader mix of art and culture. With such new outstanding facilities as the Frist Center and an exciting
and magnificent symphony and performance hall, Nashville offers its residents and those in surrounding small towns tremendous opportunities for exciting retirement living
for anyone who appreciates drama, music and art.
In keeping with trend that has already reached several other large urban cities that have not traditionally
been viewed as retirement destinations, Nashville is the site of a new age-restricted resort community designed specifically
for active adult living. This new Del Webb project is located in the Nashville suburbs and is patterned after its other retirement
facilities in Florida and Arizona.
are also looking at the affordable small towns throughout Middle Tennessee as places to retire. One town just south of Nashville,
Franklin, was recognized by Money Magazine in 2003 as one of the best places to retire in the U.S. With a blend of small town charm and hospitality, this is a place where neighborhoods
of Victorian and ante-bellum homes abut new and exclusive golf course communities. Franklin and Williamson County, including
neighboring Brentwood, have evolved into the fastest growing area of Tennessee. The result has been a tremendous increase
in demand for new retirement housing and an overall surge in economic growth, despite the current economic downturn. Yet,
for all practical purposes, and in spite of the booming number of new residents in town, the small town atmosphere has remained
Tennessee small towns worth considering as attractive possibilities for retirement living include Dickson, Gallatin, Cookeville, Murfreesboro and Shelbyville. All in all, the rolling green hills, winding rivers and lakes, and mild climate, when combined with such
other attributes as affordable housing, outdoor recreation and quality of life, place the affordable small towns of Middle
Tennessee high on the list of desirable places to retire.
Affordable Retirement Still A Possibility
In Small Towns of West Tennessee
While the cost of housing has continued to climb across the U.S., there are still some areas in Tennessee, notably
in the smaller towns and particularly in many of the small towns of West Tennessee, where home prices are still very attractive
to retirees. For the most part, this situation exists in less accessible communities where the economy is not as strong as
more urban areas. Consequently, the lack of demand for housing results in lower prices for some older but very attractive
homes. While some of these small towns may lack the advantages and attractions of a large city, they still offer a hospitable
and affordable lifestyle.
some, like Paris near Kentucky Lake, or Jackson for example, offer an abundance of outdoor recreational opportunities for
anyone seeking a place to retire near fishing, hunting or golfing.
This Month's Spotlight City: Norris