5 Things to Know Before Moving to Tennessee
If you’re considering a move to Tennessee in 2022, you’re on a great path!
In recent years, the Volunteer State has gained much more recognition than simply being the state known for country music. Some of the latest perks of living in TN have been a strong housing market, booming economy, an abundance of natural beauty, and a low cost of living. Tennessee also has a rich history and culture reflected in each of its major population center’s distinctive characteristics and attributes. Thousands of new residents every year have relocated to our state for these reasons and more!
As you research what to know before moving to Tennessee, let us be your guide. Here are five things we think you should consider:
No State Income Tax
Less than 10 states in the U.S. have no state income tax; Tennessee is one of them!
Lots of residents see this as one of the main financial benefits of living in Tennessee – not having to pay a state income tax on their salaries or wages. Instead of seeing that tax taken out of a paycheck or owing state income taxes at tax time, Tennesseans pay a 6% Hall tax and a 7% sales tax. Sounds like a fair trade to us!
Tennessee residents also pay comparatively low property taxes, and enjoy access to lower costs of living overall! So, why move to Tennessee? Our state’s cost of living rates are 15-25% LESS than the national average. Here, you can enjoy a high quality of life with lower living expenses.
Home Values Consistently Rising
Like most places across the country, Tennessee home values are rising, but here you’ll still find one of the most affordable housing markets in the U.S.
As we continue to see home values go up, Tennessee is a great place to invest in small market homes and also build up your real estate portfolio. The potential for gradual appreciation in this real estate market could make buying property here an excellent investment opportunity and a great reason to consider relocating to Tennessee.
Great Place to Retire
Is Tennessee a good place to retire? Ask the many retirees who have moved here!
Life in Tennessee attracts a lot of retirees from other states due to its tax-friendly benefits, natural beauty, mild climates, urban conveniences, and rural peacefulness.
Considering that retirement benefits obtained from social security are not taxable, and the low property taxes mentioned above, a Tennessee retirement provides a win-win situation for anyone looking to relocate!
Top-Notch Healthcare System
“I’m concerned about healthcare. Should I move to Tennessee?”
The Volunteer State hosts a variety of top-notch hospitals and healthcare facilities all across the state. So, many of America’s best doctors call Tennessee home too. In fact, Tennessee's healthcare industry tends to contribute up to one billion dollars, to the economy, annually.
This is reassuring for
families and retirees who are considering relocating to Tennessee, and who may have to count on hospitals and urgent care centers in emergencies or for periodical check-ups.
Great Community, Great Scenery, Great People
Is Tennessee a friendly state? We like to think so! After all, Tennessee's southern charm is one of the hallmarks of its national allure.
Life in Tennessee is simpler and friendlier. Locals and passersby will greet you with smiles and warm welcomes as you walk through sociable areas throughout the state. It’s not difficult to be happy with a low cost of living and high quality of life, right? Tennessee offers a hospitable warmth that is unparalleled by other parts of the country.
From breathtaking mountain landscapes to a thriving music scene and more, Tennessee's residents also have a plethora of activities and entertainment options to choose from, both rural and urban. These are just some of the many benefits of living in Tennessee.
Landmark Has Realtors that YOU Can Trust.
If you’re considering all the reasons to move to Tennessee, let’s chat! Contact us today to work with the expert realtors at Landmark Realty & Auction.
Landmark Realty & Auction Provides Clients With the Best Tips for Managing Your Real Estate Portfolio!
As one of the leading real estate companies in the Camden, TN area and the surrounding region, our experienced and highly qualified real estate agents will work diligently by your side for the best deal, whether you’re looking to sell a home or buy a home in Tennessee.
As we mentioned earlier, one of the benefits of living in Tennessee is the low costs of living, and property investments here are also a great way to build equity in a home while earning a second income.
So, if you’re relocating to Tennessee, our real estate experts will help you break down mortgage payments, property tax, insurance, and other costs to find the best property for you!
Our Investor-Friendly Realtors Will Help You Find and Close on Deals
When you say “I want to move to Tennessee!”, we know exactly what you mean, and we know Tennessee like the back of our hands.
The team at Landmark Realty & Auction understands Tennessee-specific real estate laws and practices and can provide access to lesser-known neighborhoods and properties. Your dream property may be there!
Partnering with Landmark is the best way for you to ensure a favorable and easy home or property purchase or sale. Our knowledgeable professionals will guide you through the state’s real estate market and make your journey a breeze. By planning, negotiating, and arranging the sale with us,
you’ll have an expedient purchase or selling process.
Invest In Real Estate. Secure Your Future.
Is Tennessee a good place to live? We certainly think so! And if you are looking to buy a home or sell your property, you are in the right place!
Landmark Realty offers extensive resources to give you the edge on finding and making the right choice about when to move to Tennessee and where. Plus, investing in real estate is one of the smartest moves you can make for your financial health, and life in Tennessee boasts a hearty foundation for strong real estate investments.
At Landmark Realty, our expert real estate agents are passionate about guiding you through the decision-making process that will lead you to find your perfect home!
To get started on your buying or selling journey, or to simply learn more about the perks of living in TN, contact us today! Call us in Paris at
731-642-0515,
or in Camden at
731-584-7777, and move into your new home soon.