From thriving metropolitan areas to historic small towns, Tennessee is known for its young population and surprisingly rich and varied culture. Best of all, this home of legends like Johnny Cash and Elvis Presley offers the second lowest overall cost of living in the U.S, allowing new grads, young families or retirees to stretch their dollars to the max [source: CNBC].
Statewide, the median housing price remains around $138,000, with a median household income of about $42,000. For some of the most affordable housing, consider cities like Knoxville or Memphis, which are located along the eastern and western edges of the state. Median housing prices in these cities hover around $140,000 while salaries remain fairly high.
Much of Tennessee's population is centered in the capital city of Nashville, as well as the surrounding metro area. If you're looking to get the most bang for your buck, check out the town of Murfreesboro, located just south of Nashville.
Because of Tennessee's south-central location, residents enjoy four distinct seasons with relatively mild weather year-round. The mighty Mississippi meanders along the western portion of the state, while the Great Smoky Mountains offer unlimited outdoor activities and spectacular views along the state's eastern border. If world-class hiking and camping aren't your thing, head into Nashville or Memphis for some of the country's best live music venues. Many Tennessee towns are also remarkably well preserved, with local shops and restaurants housed in historic structures along picturesque main street areas.
More Great Links
- Arkansas Department of Parks and Tourism. "How Much Bang for the Buck in the Natural State?" 2010.(Aug. 16, 2010) http://www.relocatetoarkansas.com/financial/default.aspx
- Capital Cruises. "Public Bat Cruises." (Dec. 27, 2011) http://www.capitalcruises.com/
- Cauchon, Dennis. "Nebraska's residents turn to urban living." USA Today, March 8, 2011. http://www.usatoday.com/news/nation/census/2011-03-01-nebraska-census_N.htm (Dec. 26, 2011)
- CNBC. "America's Top States for Business 2011: Tennessee." (Jan. 10, 2012)http://www.cnbc.com/id/43266882
- CNN Money. "Best Places to Live 2011: Farmington, Utah." (Dec. 27, 2011) http://money.cnn.com/magazines/moneymag/bplive/2011/snapshots/PL4924740.html
- CNN Money. "Best Places to Live 2011: Omaha, Nebraska." (Dec. 27, 2011) http://money.cnn.com/magazines/moneymag/bplive/2011/snapshots/PL3137000.html
- The Daily Beast. "The 30 Best Cities for Starting Over, From Washington, D.C., to Honolulu." (Dec. 26, 2011) http://www.thedailybeast.com/galleries/2011/11/23/30-best-cities-to-start-over-photos.html
- DeSoto County, Mississippi. "Demographics." (Dec. 26, 2011) http://www.desotoms.com/businesses/demographics
- Fite, Amanda. "Experience Real Oklahoma Culture." Tulsa World. July 12, 2010. (Aug. 16, 2010) http://www.tulsaworld.com/news/article.aspx?subjectid=11&articleid=20100712_11_A3_Thiswe813733
- Greater Oklahoma City Chamber of Commerce. "Oklahoma City Accolades." 2010. (Aug. 16, 2010) http://www.okcchamber.com/page.asp?atomid=1789
- Kentucky Horse Park: The Heart of the Horse Capital of the World. (Dec. 27, 2011) http://kyhorsepark.com/
- Kiplinger Personal Finance. "The Basics -- Which States Give Retirees the Best Deal?" 2010. (Aug. 16, 2010) http://moneycentral.msn.com/articles/retire/basics/9838.asp
- Kiplinger Personal Finance. "How Does Your City Stack Up?" May 2010. (Aug. 16, 2010) http://www.kiplinger.com/tools/bestcities_sort/
- Lafayette County, Mississippi. "Live in Oxford." Oxford, Mississippi. (Dec. 26, 2011) http://live.oxfordms.com/taxes-millage-rates-oxford-ms/
- Lincoln Chamber of Commerce. "Nebraska Income Growth Ranked No. 1 Among U.S. States." (Dec. 26, 2011) http://www.lcoc.com/events/news?article_id=51800
- Missouri Economic Research and Information Center. "Cost of Living Data Series Third Quarter 2011." (Dec. 24, 2011) http://www.missourieconomy.org//indicators/cost_of_living/index.stm
- VisitIdaho.org. "Moving to Idaho." (Dec. 27, 2011) http://www.visitidaho.org/moving-to-idaho/
- Young, Wesley. "Increasingly, Americans rooted in one place." Winston-Salem Journal. Dec. 18, 2011. (Dec. 26, 2011) http://www2.journalnow.com/member-center/share-this/print/?content=ar1726410
- Zibel, Alan. "Home Prices Rise in Most Cities, But Gain May Not Last." USA Today. Aug. 11, 2010. (Aug. 16, 2010) http://www.usatoday.com/money/economy/housing/2010-08-11-median-home-prices-q2_N.htm
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