Many predict this trend to continue with a projected increase in home values of around 3.5% in the coming year, making a TN home a solid investment in your future. I absolutely love living in this town. Something needs to be done because this is definitely one of the worst things about Tennessee. Living in Franklin offers residents a dense suburban feel and most residents own their homes. You can always find your fair share of Starbucks shops when you start living in Tennessee. Franklin is a town in Tennessee with a population of 77,939. Its about a 30 minute drive to Nashville and there are plenty of things to do that are only about a 15 minute drive away. Between the low cost of living, natural beauty, and endless activities, there has never been a better time to call the state home. Pros And Cons Of Living In Franklin, Tennessee. It has a robust workforce. Most anywhere you choose to locate here, you will be close to all the essentials. Franklin, Tn Housing Market. Dont forget the Slawburger Festival in Fayetteville! And unlike Hurricanes that reak havoc on Texas and Florida. This property tax enables the municipality to finance programs and services like emergency response, parks, and public transportation. I find out new things about Franklin everyday, whether it be a historical site or just a pretty neighborhood I hadn't seen before. They also support local authors and even became the inspiration for the book The Bridge, by Karen Kingsbury. If your primary source of income is through investments, then you will see a bit of a tax bill. I'm single. According to statistics the Cost of living is 2% lower than the national average, and the unemployment rate is around 3%. Next, I have another potential negative about living in Franklin that can also increase your costs. It has a historic downtown square. It really is a one-of-a-kind experience. 9 Pros and Cons of Retiring in Tennessee - Aging Greatly 3. Named after Founding Father Benjamin Franklin, the town is most famous for the Battle of Franklin in 1864 which was considered one of the biggest disasters of war for the confederate states army. Next, lets talk money. Setting limits on what you can and can not do with your property. The goal is to phase out this remaining tax by 2022, but there is no guarantee that it will happen. The median home value is around $146,500 and monthly apartment rentals are around $700 per month. Our guide will help you decide between the two cities! Cost of living. This sites only purpose is general information & entertainment. The service is warm and friendly and makes you feel like youre getting a hefty dose of Southern Hospitality. When you can find the right balance of comfort and compromise, you will discover that this state really is an amazing place to live. Hard to fit in. 9/11/2022. My name is Caitlin and Im a REALTOR in Nashville, Tennessee. Niche may be compensated by the third party lenders and others who place ads on the website. The housing market is always on the rise and capital appreciation for homeowners has been great. Almost everything about living here involves lower prices, including your groceries, consumer goods, and utilities. The original store is located in the historical Gaut House and offers a wide variety of instruments for sale and provides music lessons. Next, we have Harlinsdale Farm. BLOG: www.theresnoplacelikehomenashville.com/blogIf you want have questions about moving to Nashville or just want to talk more about it, feel free to reach out! Franklin, TN Reviews - Niche So, the same nice weather that let you go for a comfortable bike ride in March. Copyright 2023, The Matt Ward Group at Benchmark Realty. Living in Tennessee? Pros and Cons? - Early Retirement Franklin is the place where you can see one of the most historic Main Streets in the United States. The Pilgrimage Music and Cultural Festival occurs in late September and has a wide lineup of big-name musicians along with local talent. You can watch the NHL thanks to the Nashville Predators as well. Nashville has a myriad of recording studios. Everyone is very friendly. Tennessee has its big city wonders, but the charm of the state still lies with the small towns that you can find from the east to the west. But don't worry. 12 Cities In Tennessee Perfect For Retirees | TravelAwaits What you need to know before moving to Tennessee About Us. Another pro of retiring in Tennessee is that it's a great place to settle down if you're looking to avoid the cold. Cheap cost of living. I really love Franklin because it has that feel of a small town community, but it is not too far out of the way. There also is The Factory. Along with private options from Uber and Lyft. You will discover that Tennessee whiskey is in a category all of its own. You will also discover that the same spice combination makes for an excellent addition to grilled vegetables too. Most of the year, temperatures rise into the 70s and 80s. King and Aretha Franklin. Everyone is friendly and its near the country side, so if it ever gets overwhelming, theres a place to retreat to. All Categories. You will find metropolitan cities like Nashville and Memphis when you move to Tennessee. In this video, we'll be discussing the pros and cons of living in Spring Hill Tennessee in 2023. Not only does Murfreesburo undercut many towns around the state, but it also is a great financial alternative to the capital, Nashville, which is about 35 minutes north. Here are some for Henderson, TN: Pro: Hendersonville is a safe community with low crime rates. Franklin, Tennessee, is an excellent area to live in and is located 22 miles southwest of Nashville. 11 Bad Things About Tennessee - OnlyInYourState Make sure that you know what your evacuation route happens to be if local authorities call for one. With a population of 73,000, Frankin is large enough to feel like a city but its still cozy enough to feel like a small town. In today's video, I'm covering the pros and cons to living in Franklin, TN. The places that offer paid tours are still worth the time to see if you happen to be in the area. Previous Article. Under the current tax structure for interest and dividend earnings, the first $1,250 in taxable income for single filers is exempt. Furthermore, Franklin is one of the safest towns in Tennessee. We have festivals ranging from Pumpkin fest in the fall to Spring fest in the Spring. There is something good here. Overall, Franklin i. Living in Chattanooga, TN - What is it like - Pros and Cons The city's violent crime is 46.9, higher than the US average of 22.7. Then everything is taxed at a flat rate of 6%. 4. 16 Pros and Cons of Living in Murfreesboro, TN (2023 Updated) For getting where you want to go and when you want to get there. There are a plethora of family-friendly activities happening year-round. 8. The 13 Pros and Cons of Living in Nashville | Landing But no where . The community does a great job of organizing and hosting gatherings for the town for every season that attract visitors from all over. Winters are mild in this area, while the summers can get pretty warm. There are a plethora of family-friendly activities happening year-round. There are plenty of fairs and festivals to enjoy when living in Tennessee. Living in Knoxville, TN means there are quite a few comfortable days between 70 and 80F, mainly in spring and fall. Im here only to share my thoughts about essential topics for success. I absolutely love living in this town. Franklin has a population of about 80,000 residents within Tennessees Williamson County. Franklin is a town in Tennessee with a population of 81,531. The temperate weather is part of the problem. What You Need To Know About Living In Brentwood, Tennessee If you purchase a home in the Memphis area, then you will be facing a bill each year that is closer to $2,000 annually instead. This area is part of what is known as Dixie Alley which includes a regional area of Kentucky, Tennessee, Mississippi, and other southeastern states. Living in Knoxville TN: Pros and Cons of the City | Goswitz So, be sure to check out the annual Pumpkin Festival. Thinking about moving and living in Franklin, TN? Some of the most sought after public schools in TN. Extreme Escape Games is a new feature to the town that gives the chance for you and your family or friends to play an immersive escape room game. If you're thinking of moving to Memphis, here's what you should know. Pros:-easy . ], finding ways to lift others up and watching reruns of The Office or Friends. And created nearly 200 jobs. Devour delicious etouffee, jambalaya, red beans, smoked sausage, creoles, and gumbos while you enjoy Saturdays open mic night offering. The state of Tennessee job market has grown by 1.8% over the last year. Learn more about Franklin and the Reasons To Visit America's Favorite Quintessential Main Street. You have access to professional sports in Tennessee. With warm summers, cool falls, and moderate winters. I also appreciate the town's recreational facilities and opportunities, as well as the cultural offerings. Franklin is overall a nice place to live. There are numerous poems, plays, and various literary works being composed in the state right now. Overall, Franklin is a wonderful place to live. The city is located just 21 miles from nearby Nashville and has a population of around 78,000. Tennessee will help you to fall in love with music all over again. The festival takes place along the main street and along the side street and its one of three yearly events that are hosted by the Downtown Franklin Association. Main Street Festival runs annually in mid-July and features 200+ local artists and vendors, musical talent, and great food for the whole family. It is definitely one of the safer places to live, and the school systems are amazing. I recently moved here and I fell in love with the city. The schools have a good reputation and provide a good education for students. Every place seems to have its own niche. And unlike moving to a warm coastal area in Florida. Then check out the opportunities at AcreTrader. Living In Franklin, TN - AreaVibes Rent for a one-bedroom apartment can range from $500 to $700 in many areas. Franklin, TN | Nextdoor Add another element to the areas rich beauty. Here's a simple breakdown of the state of Tennessee job market: The unemployment rate in the state of Tennessee is 3.5%. If youre not used to a little (okay, a lot) of flame on your tongue, then you may want to avoid the smoked meats for a while after your move. It opened not long ago. Knoxville is affordable. Another historical house youll want to tour is the Carter house at 1140 Columbia Ave which offers 60-minute tours along with slavery education, battlefield, and extended tours. 3. Chow down and drink up at 55 South located at 403 Main street. The famous southern delicacies. Many want to move here and for good reason, it's amazing!! It's a great place for anyone who wants to have some more space and land, but also be close enough to shopping and restaurants. You will like living here. Located in the heart of middle Tennessee about 20 miles from the fabulous city of Nashville. It has its fire station, shopping, restaurants, coffee shops, and more. Temperatures can rise well into the 90s. Tennessee offers a competitive cost of living experience. It is not unusual for people to think of Tennessee as the place where the country music genre resides thanks to Nashville, but Memphis and the other cities provide a well-rounded musical experience for those who live in the state. 4560 Pond Creek Rd, Pegram, TN 37143 | Zillow Minor League Baseball is present with the Nashville Sounds and the Memphis Redbirds. From clothing to records to artisanal goods, Franklin has everything you need. 2. Get approval in minutes. I recently moved here and I fell in love with the city. 110. Specifically, is Franklin a good place to live? When you start living in Tennessee, then you will discover that the state does not have an income tax. Moving to Franklin, TN? Your Ultimate Guide - Metro Self Storage Overall, I think this town is a great place to live and I'm really happy here. Living In Tennessee: 21 Things You Need To Know First - Movoto Real Estate