Top 7 Reasons to Move to Nashville
We said it before, and we’ll say it again…Nashville is hotter than the biscuits at Loveless. According to a relocation trends report by PODS Enterprises, Nashville is holding fast at third of the Top Moving Destinations. According to the data, Nashville can boast the third highest increase of residential traffic from January 2021 to March 2022. The US Census Bureau backs up this estimation. In statistics released in 2020/2021, there were roughly 36 people a day move to Nashville. That’s over 13,000 people a year coming to this beautiful city. And why do we think that is? Well, we have our suspicions! Here are 7 great reasons to move to Nashville.
Music City!
Long celebrated as the “Capital City of Country Music”, Nashville has become known simply as “Music City”. This is definitely a destination for music lovers. The city is the home to the Country Music Hall of Fame and Museum, The Grand Ole Opry, and hosts the CMA Music Festival. Take one boot-scootin’ stroll down Broadway, and you’ll hear music spilling out of every honky tonk lining this famous street.
Don’t be surprised if you see some famous country faces joining you on your walk. Artists like Dolly Parton, Tim McGraw, Faith Hill, Taylor Swift, and Billy Ray Cyrus have Nashville properties.
And it’s not just country musicians that call Nashville home. Steven Tyler (Aerosmith) , John Oates (Hall & Oates), Steve Winwood (Traffic), Sheryl Crow, and Dave Mustain (Metallica) are just a few classic rockers who have settled down in our fair city.
No Income Tax
You didn’t read that wrong…in Tennessee there are NO income taxes. Instead, the state charges a flat 1% – 2% tax rate on income earned from interest and dividends. According to the Nashville Area Chamber of Commerce, Nashville provides one of the nation’s lowest overall tax burdens. In fact, Tennessee has the second lowest state and local tax per capita, and no income tax on wages.
U.S. News & World Report reviewed more than 2,000 locations in the United States. Nashville rose to the top as one of the most attractive destinations for retirees, due largely to the non-existent state income tax plus reduced taxes for retirees.
Growing Job Market
A 2022 report from Wall Street Journal lists Nashville as #2 with the second-strongest job market in the country. These statistics are derived from the assessment of unemployment rate, labor-force participation rate, job growth, labor-force growth, and wage growth. Hiring bonuses, booming construction, and job opportunities are even more reasons why this is an employee draw.
Lower Cost of Living
Tennessee has the 6th lowest cost of living, according to a 2022 Cost of Living Index. Nashville’s housing market is one of the most affordable in the country. It rates as 6% below the national average and utilities are even noted as being 10% less pricey in Nashville. This lower cost is living is one of many reasons to move to Nashville.
Property Value Increases
Six seems to be a lucky number for Nashville, as that is where it ranks on Zillow’s new list of hottest housing markets for 2022. What makes it so attractive to home buyers is that their investment will continue to gain value, year over year. We’re talking big numbers. The medium price of a single-family home was up almost 26% from last year! These projections of double-digit property value increases show no sign of slowing, which makes now an ideal time to secure your piece of the Nashville dream.
Spending Time Outdoors
If we could bottle Nashville weather and sell it, we’d be millionaires. Situated in a subtropic climate, Nashville is lucky enough to have mild winters and bearable summers. If you like experiencing all the seasons, this city is for you. The healthy rain fall encourages some of the most beautiful flowers and greenery. Take one walk around Cheekwood’s Botanical Garden and Museum of Art and you’ll see exactly what we mean.
Just 9-miles from downtown Nashville is the “Emerald Gem”, better known as The Warner Parks. Warner Parks are over 3,100 acres of forests, scenic roadways, overlooks, bike and horse trails, golf courses, and hiking opportunities.
For the more sophisticated palate, Arrington Vineyards is just a hop-sick-and-jump from Nashville. Rolling hills, lush vineyards, and wine tasting await!
The Food (and drink)!!
When we start a blog talkin’ about biscuits, you know “Food” has to make the list of reasons why to relocate! It’s no secret that Nashville is high on the flavor profile! It sits proudly on the food scene list by offering a blend of traditional Southern fare combined with unique culinary creations. Folks will fight over Hattie B’s vs Prince’s Hot Chicken. BBQ connoisseurs are going to celebrate the world-famous ribs and brisket. And we’d be remiss if we left the iconic Goo Goo Cluster off the list; not every city can claim its own candy but we certainly can!
Finally, let’s wash it all down with some good, old-fashioned Tennesse whiskey. Immortalized in song and glasses around the world, this golden liquid definitely pairs well with all of the above.
Need any more reasons to move to Nashville? Well, don’t just take it from us. Come on over to our beloved city and discover it for yourself. We bet you’ll fall in love just like we did. And when you’re ready to become our neighbor, give us a call and we’ll help you find your new address in Nashville, TN.