There are several reasons why you might consider buying a house in Tennessee:
Affordability
Tennessee has a relatively low cost of living, making it an attractive place to buy a home. The median home value in Tennessee is lower than the national average, which means you can get more house for your money.
The affordability of a house in Tennessee varies depending on the location, size, and other factors. However, in general, Tennessee is considered to be a relatively affordable state for homebuyers compared to other parts of the United States.
According to Zillow, the median home value in Tennessee as of September 2021 was around $236,648. This is lower than the national median home value of around $294,000. Additionally, the cost of living in Tennessee is lower than the national average, which can make it easier to afford a home.
Of course, the cost of a house can vary significantly depending on the specific area you’re looking at. For example, in Nashville, which is one of the state’s most popular cities, the median home value is higher than the state average at around $385,000. Meanwhile, in more rural areas, you may be able to find homes for much less.
Scenic Beauty
Tennessee is home to the Great Smoky Mountains, which offer breathtaking views and outdoor recreational activities. The state also has several lakes and rivers that provide opportunities for fishing, boating, and other water activities.
From the rolling hills of the east to the flat plains of the west, Tennessee offers a diverse landscape that is a treat for the eyes. Here are some of the scenic beauties of Tennessee:
Great Smoky Mountains National Park: Located in the eastern part of the state, the Great Smoky Mountains National Park is a stunning natural wonder that is known for its rich biodiversity, scenic views, and rugged terrain. It is home to a variety of wildlife, including black bears, elk, and white-tailed deer, and features numerous hiking trails that offer stunning views of the mountains.
Chattanooga: Located in southeastern Tennessee, Chattanooga is a charming city that is famous for its scenic beauty. It is situated on the Tennessee River and is surrounded by mountains, making it a great place for outdoor enthusiasts. Visitors can take a walk along the Riverwalk or hike to the top of Lookout Mountain to enjoy panoramic views of the city and the surrounding area.
Natchez Trace Parkway: The Natchez Trace Parkway is a scenic road that runs from Natchez, Mississippi to Nashville, Tennessee. It follows the path of an ancient trail that was used by Native Americans and early settlers, and offers stunning views of the countryside along the way.
Reelfoot Lake: Reelfoot Lake is a natural lake located in the northwest corner of Tennessee. It was formed by a series of earthquakes in the early 19th century and is known for its scenic beauty and excellent fishing. Visitors can take a boat tour of the lake or go birdwatching in the surrounding area.
Cumberland Plateau: The Cumberland Plateau is a rugged, forested region located in central Tennessee that is known for its stunning natural beauty. It features numerous waterfalls, caves, and hiking trails, as well as the famous Fiery Gizzard Trail, which offers stunning views of the surrounding mountains and valleys.
No State Income Tax
Tennessee is one of only a handful of states that does not have a state income tax. This can be a significant advantage for those who are looking to keep their tax burden low.
There are several reasons why Tennessee does not have a state income tax:
Sales Tax: Tennessee has a high sales tax rate of 7%, which generates a significant amount of revenue for the state. This revenue helps to offset the need for a state income tax.
Budget Priorities: Tennessee has a history of prioritizing its budget to avoid the need for a state income tax. The state government has made efforts to keep its expenses under control while still providing essential services to its citizens.
Economic Development: Tennessee has a strong economy, which has allowed the state to maintain its budget without relying on a state income tax. The state government has also made a concerted effort to attract businesses to the state, which has helped to bolster the economy.
Political Climate: There is little appetite among Tennessee voters for a state income tax. The state legislature has repeatedly rejected proposals to implement a state income tax, and there is little public support for such a measure.
Music and Culture
A friend who runs a business course told me Tennessee is known for its music scene, with Nashville being the heart of the country music industry. The state is also home to several cultural attractions, including museums, theaters, and art galleries.
It is the home of many famous music genres, such as country, blues, rock and roll, and gospel. The state has produced many notable musicians, including Elvis Presley, Johnny Cash, Dolly Parton, and B.B. King, among others.
The capital of Tennessee, Nashville, is known as the “Music City” and is a hub for the country music industry. The city is home to the Country Music Hall of Fame and Museum, which showcases the history of country music and the lives and careers of its most significant figures.
In Memphis, the birthplace of rock and roll, the Stax Museum of American Soul Music and the Rock ‘n’ Soul Museum highlight the city’s contributions to American music. Memphis is also the site of Graceland, the former home of Elvis Presley, which is now a museum dedicated to his life and career.
Blues music has a strong presence in Tennessee, particularly in Memphis and the Mississippi Delta region, which straddles the border between Tennessee and Mississippi. The Beale Street Entertainment District in Memphis is a popular destination for blues enthusiasts and features many music clubs and venues.
In addition to its music scene, Tennessee is known for its rich cultural heritage. The state has a diverse population that includes Native American, African American, and European American communities, among others. The state’s history is also closely tied to the Civil War, and many sites related to that conflict can be found throughout the state.
Tennessee’s food culture is also noteworthy, with dishes such as hot chicken, barbecue, and biscuits and gravy being popular throughout the state. The state is also known for its whiskey, with the Jack Daniel’s distillery located in Lynchburg.
Friendly People
Tennesseans are known for their hospitality and friendliness, which can make it a great place to live and raise a family. Many tourists and visitors to the state have reported feeling warmly received and appreciated by the locals. Tennessee is often referred to as the “Volunteer State,” which is believed to have originated from the large number of Tennesseans who volunteered to fight for the United States during the War of 1812. The state has a strong sense of community, and its residents are known for their hospitality and politeness. Of course, like any place, there may be variations in attitudes and behaviors from person to person, but overall, Tennessee is known for having friendly people.
Overall, Tennessee offers a unique blend of affordability, natural beauty, cultural attractions, and friendly people, making it a great place to consider buying a house.