In the last year, several west coast states saw an exodus of residents who were looking to move to another state. People in California, Oregon and Washington have set their sites on areas of the country that offer a lower cost of living, less expensive real estate and a more relaxed lifestyle. One of the states seeing an influx of new people is Tennessee.
5 Reasons to Consider Tennessee Your Next Home
As one of the fastest-growing states in 2021, it’s no secret that people love what Tennessee has to offer. Here are 5 of the top reasons people are choosing to move to the south. But first, a little bit about this southern state.
About Tennessee
Tennessee is a state in the southeastern region of the United States. It has a population of 6,403,183 and ranks 35th in size among the 50 U.S states. The capital is Nashville and the largest city is Memphis. Tennessee borders eight other states: Kentucky to the north; North Carolina to the east; Virginia to the south; Georgia, Alabama, and Mississippi to the south.
1) The Cost of Living Is Low
This is one of the top reasons to move to Tennessee. The cost of living is lower than in other states, which means that you can afford to live a comfortable life on a tight budget. In addition, the cost of living is likely to continue to stay low, so you can plan on keeping your expenses down for the long term. From food to gas to basic utilities, people moving to Tennessee can expect to pay much less compared to other states in the country.
2) Home Prices Are Low
Real estate in Tennessee is also much less compared to other states. The average home price in Tennessee ranges between $300,000 and $400,000 while it’s as high as $650,000 in states like Colorado and Utah. It’s also important to note that people moving to Tennessee will have more space too. Larger gaps between houses, longer driveways and bigger backyards are just a few of the perks to investing in real estate here.
3) Employment Opportunities Are Abundant
This may seem like an obvious reason but it’s one worth mentioning. If you’re looking for employment opportunities then there are plenty in Tennessee. One source says that “Tennessee leads all other southern states with over 51,000 new jobs created in 2014,” and this has continued to grow over the last 8 years. If you’re looking for work, there’s no shortage of it here.
4) It’s a Great Place to Retire
Tennessee is also a great retirement destination. People looking for 55 and older housing will find several communities in Tennessee’s major cities. For example, Tellico Village, is a quaint luxury community just south of Knoxville and is home to many 55+ amenities. If you always planned to retire in the south, there’s a good chance Tennessee has what you’re looking for.
5) The Scenery Is Unbeatable
The beauty of Tennessee is truly understated. If you love outdoor activities, you’ll want to see the Smoky Mountains, go hiking or biking on one of many outdoor trails, spend a day fishing in a local reservoir or simply enjoy the sunset from your front porch. Take a breath, sit back and relax next to gorgeous scenery.
Still Not Convinced?
If you’re still not convinced if the south is right for you, why not plan a weekend trip? Consider flying into Knoxville to check out all of the sites. Or if you’re a music buff, check out everything Nashville has to offer. Whatever you like, we’re sure Tennessee has it.