Our team has helped thousands of families find homes over the years, many of which relocate from all over the country. Nearly 100 people relocate to Nashville every single day. There are many factors that play into the appeal of moving to Tennessee. The top five reasons include: no state income tax, lower property tax, prosperous economy, housing affordability and overall quality of life.
No State Income Tax
Tennessee is one of nine unique states that do not have state income tax. Other states included are Alaska, Florida, Nevada, South Dakota, Texas, Washington, Wyoming and New Hampshire. This is a huge plus to becoming a Tennessee resident because your income will only be taxed federally. This means you are able to keep more of your hard earned money than you would if you lived in other states.
Lower Property Taxes
Tennessee is ranked among the top 10 states for lowest property taxes according to Forbes. This is an obvious benefit for anyone considering buying a home in Tennessee. To put this in perspective, a home selling for $600,000 in Franklin Tennessee will have property taxes around $3,500 a year, meanwhile in other parts of the country a $600,000 property could be double or triple, especially those in the northeast part of our country.
Nashville is centrally located and serves as a crossroads of commerce for some of the United State’s major hub cities including New York, Los Angeles, Chicago, Detroit, Boston, Atlanta and many others. Home to a large diversification of industries including entertainment, insurance, healthcare, tourism and hospitality just to name a few, results in a booming economy for Nashville and Middle Tennessee. Nashville is home to many large corporations including HCA, Nissan, Smile Direct Club, and more recently Amazon and AllianceBernstein.
Housing in Tennessee is extremely reasonable and affordable. The average home price in Davidson County for June 2020 was $345,000 which is significantly lower than home prices in other major cities.
Quality of Life
The overall quality of life in Middle Tennessee is superb. You can find just about anything here. Job opportunities are endless with large corporations moving in. Some of the best colleges in the country including Vanderbilt, Lipscomb and Belmont call Nashville home, as well as many other respected educational institutions. On top of opportunity, Tennessee is absolutely breathtaking. Endless parks, lakes, rivers and mountains fill the state and provide recreational activities such as hiking, boating, fishing and more. There is no shortage of entertainment. Professional sports teams such as the Tennessee Titans, Nashville Predators, Nashville Sounds and Nashville Soccer Club attract fans from all over. We can’t forget Nashville’s renowned music scene. Known as the ‘Capital of Country Music’, there is never a shortage of live music on Broadway or at the Ryman Auditorium. Not to mention, the South is extremely friendly.
Thinking of Relocating to Nashville? Let’s talk…
Our team prides ourselves on the white glove service we offer to each and every client. When you choose our team to begin your relocation journey we do everything we can to help you become familiar with all areas you are considering. We are your local tour guides and ensure our clients know exactly what they are getting into when deciding on a home.
If our clients are unable to be here during the home search process we have a virtual buying program to make the process seamless. We send detailed photos and videos of the homes of interest, as well as Facetime our clients for virtual tours of all areas of the home and the exterior. We take video of the drive into the neighborhoods from various directions and the surrounding community. We handle everything for our clients so when they arrive at their new home it’s exactly what they were expecting.
If you decide to partner with our team, you will also be provided with a custom relocation guide. The book will provide a breakdown of popular neighborhoods and activities to do in each, as well as important resources such as utility information. This relocation guide can not only help you choose the right community for you and your family, but can be a helpful guide once you have made the move to Tennessee. Use the guide as an outline to explore surrounding communities.
One of our favorite parts of their home buying journey is welcoming them on closing day with customized gift baskets filled with treats from our local favorites! Nashville is filled with popular shops, restaurants and attractions – more are popping up every day. For our clients new to the state, we love sharing some of our favorite local businesses to introduce them to Nashville culture. Some of our favorites to include are: Loveless Cafe, Goo Goo Clusters, Nash Collection, Batch, Whites Mercantile, Nashville Wax Co., Arrington Vineyards and so many others! We love building close relationships with our clients, even from miles away, so we tailor each basket to their personalities and phases of life. Whether that means including sweet treats and matching shirts for the kids, Predators gear for our hockey fans, Arrington bubbly for our celebrators or even Loveless biscuit mix with homemade jam, we make sure to include something for everyone! If you are looking to relocate to the great state of Tennessee we would be honored to help you on your journey!