Why Are So Many People Moving To Tennessee?!
To create its 2020 migrations trends report, U-Haul calculated growth states based on the net gain of U-Haul trucks entering a state versus leaving a state last year. The data is complied from more than two million one-way U-Haul truck customer transactions.
Even before the pandemic, the Volunteer State saw a growth of self-movers. Overall, the Tennessee cities where the most people moved were: Knoxville, the Tri-Cities (the region of Kingsport, Johnson City, and Bristol), Cookeville, Clarksville, Cleveland, Murfreesboro, and Maryville.
Texas and Florida, which were the top two destinations from 2016 to 2019, remained at the top of the list. In 2020, Texas was second in growth, and Florida was third.
At the bottom of the list? California came in last by a wide margin, with the highest net loss of U-haul trucks.
According to moving.com: With its mild weather, vibrant cities and low cost of living, it’s easy to see why Tennessee’s population is on the rise. The state’s world-class dining scene, famous Appalachian Mountain range and diverse cities also make it a particularly interesting place to call home. Every year, scores of professionals, students and retirees move to Tennessee. Whether you’re looking for an energetic, musical city, such as Nashville or a quiet, scenic mountain town, such as Townsend, you’ll find it in the Volunteer State. Still not sure you’re ready to make Tennessee your new home? Here are 10 good reasons to move to Tennessee this year.
The taxes are lowOne of the most practical reasons to move to Tennessee is that residents do not have to pay state income tax on salaries or wages. Keep in mind, though, that there is currently a flat tax imposed on all income from interest from bonds and dividends from stock. However, according to the Chattanooga Times Free Press, this tax will be completely phased out within the next year or so. The newspaper reports that “the state Legislature agreed in 2016 to start phasing out the Hall income tax, with its total elimination beginning Jan. 1, 2021.” In addition to having little to no state income tax, residents also pay very low property taxes. According to SmartAsset, the state has some of the lowest property taxes in the U.S.
The hospitals are top-notch
If good healthcare is at the top of your priority list, then you’ll find numerous top-notch hospitals and healthcare facilities throughout the state. In addition, some of the country’s best doctors are located in Tennessee. Several excellent hospitals in the state include the Vanderbilt University Medical Center, CHI Memorial Hospital, University of Tennessee Medical Center, Baptist Memorial Hospital and Ascension St. Thomas Hospital West.
The cost of living is ideal
Low property taxes and no state income tax are just two reasons why you can afford to live in Tennessee comfortably. Residents of the Volunteer State also enjoy an overall low cost of living on everyday goods and services. According to BestPlaces, the cost of living index score for Tennessee is 87.6, well below the national average. Home prices are exceptionally affordable, compared to many other parts of the country. The median home price in the state is $164,500. Even large cities, such as Nashville and Memphis, have relatively affordable home prices. The median list price in Nashville is $349,900 and the median list price in Memphis is $150,000.
The Great Smoky Mountains are right outside your doorstep
Outdoor enthusiasts will find plenty to see and do in Tennessee, thanks to its picture-perfect mountain landscape. Home to the Great Smoky Mountains, a subrange of the Appalachian Mountains, Tennessee is truly one of the best places in the world for nature lovers. With some of the best hiking trails, waterfalls, scenic drives and camping sites in the country, there’s no shortage of options when it comes to outdoor recreation in Tennessee.
The music scene is incredible
It’s no secret that Tennessee has one of the best music scenes in the country. From Johnny Cash and Dolly Parton to B.B. King and Elvis Presley, some of the most famous names in music have called Tennessee “home.” Today, the state remains a hub for all sorts of music, including country, rock and roll, bluegrass, soul and R&B. Nashville is even referred to as America’s “Music City,” thanks to its never-ending list of music festivals, music venues and live performances. Needless to say, if music is your passion, then you’ll fit right in here in Tennessee.
The job market is thriving
Need a job? Consider moving to Tennessee. With a booming economy and numerous large companies, Tennessee is one of the best places in America to find employment. Nashville, in particular, draws scores of jobseekers every year. In fact, according to the Wall Street Journal, Music City is currently the second hottest job market in the country, with one of the lowest unemployment rates in America. Large companies that call Tennessee home include FedEx, Dollar General, HCA Healthcare, Cracker Barrel and LifePoint Health – among others. Given Tennessee’s many businesses, tax-friendly environment and numerous colleges, the state has no problem attracting talent from all over the country.
The food and dining are world-class
Tennessee’s food and dining scene is as eclectic as it is iconic. From southern classics (think: barbecue, meat and threes, and hot fried chicken) to renowned, elegant cuisine (think: Blackberry Farm’s delectable menus and Nashville’s James Beard award-winning restaurants), Tennessee is home to some of the very best food in the world. With such a diverse mix of fare, foodies will certainly find all they’re looking for and more in the Volunteer State.
The schools and universities are highly regarded
One of the best reasons to move to Tennessee is the schools. Students will find plenty of educational opportunities in the Volunteer State. Tennessee is home to several of the country’s top universities and colleges, including Vanderbilt University, University of Tennessee, Belmont University, The University of the South, Rhodes College, University of Memphis and Maryville College. In addition, families of school-age children will find no shortage of highly regarded public schools throughout Tennessee. According to Niche.com, several top-ranking school districts in the state include Germantown, Collierville Schools, Johnson City Schools, Greeneville City Schools, Maryville City Schools, Kingsport City Schools and Oak Ridge School District.
The seasons are fairly mild
Want to live in a place with all four seasons? You’ll find spectacular seasonal weather in Tennessee. While the climate varies depending on where you are in the state, the weather is overall mild to moderate most of the time. Harsh seasons are rare for most of Tennessee. Residents will find summers to be warm and enjoyable, falls to be bursting with fall foliage, winters to be chilly, and summers to be warm and enjoyable. Compared to many Midwestern and Northeastern states, Tennessee has fairly mild weather for most of the year.
The cities are some of the best places to live in the country
Tennessee is home to numerous cities, towns and suburbs that are excellent places to live. Retirees, families, singles, and professionals will all find a city that meets their unique needs and budget. Several of the most popular places to call home include Brentwood, Nashville, Franklin, Germantown, Knoxville, Collierville, Hendersonville, Maryville, Johnson City, Chattanooga, Memphis, Smyrna and Spring Hill. Whether it’s a vibrant, urban metropolis you’re looking for or a quiet, mountain town you want, there are plenty of unique cities to call home in Tennessee.