Are you dreaming of living in Nashville? If so, you’re not alone. Nashville has 1.99 million residents, and the swell of new residents keeps coming. Between its vibrant music, top-tier education, booming industry, rich culture, and scenic landscape, Music City offers a unique blend of quality entertainment and elevated lifestyles. Since Tennessee is among the nine cities in the country without state income tax implications, Nashvillians enjoy more cash in their wallets at the end of the year.
Regarding home prices and the cost of living in Nashville, both are relatively cheaper compared to life in major cities in America. With a median household income of $79,020 and a median property value (MPV) of $344,700, the housing market is optimal for many homebuyers relocating from larger cities nationwide. Of course, affordability lies in the perspective of the beholder. However, life in middle Tennessee is pretty tempting. Nashville’s climate is moderate, with temperatures in Nashville averaging 85 degrees in the summer months and mild winters averaging 40-degree lows; the weather alone makes relocating to Tenessee a tempting option. Discover the heart of American music, and see if a relocation to Tennessee is on the horizon.
1. Living in Nashville is Vibrant
What is Nashville without dream-seeking musicians and its music-loving enthusiasm? Home to the Country Music Hall of Fame and the Grand Ole Opry, Nashville supplies the music industry with talent from around the globe. Historically, aspiring artists compete to fill the stages of local bars and music venues, eager to make their big break. In turn, as the local music scene thrives, exceptional live music becomes a way of life in Music City. Popular venues such as Ryman Auditorium and the Music City Walk of Fame draw visitors worldwide.Honky tonk is more than a catchy country music phrase in this southern city; it’s a way of life.
2. Living in Nashville is Enriching.
From singletons seeking small flats to parents needing family-friendly properties surrounded by good schools, there is a neighborhood to suit. Second only to music is the celebration of cultural diversity. Nashville is bursting at the seams with art venues, museums, and endless entertainment options. Regarding major cities in America, few states compete with Nashville for talent.
What is more enriching than a top-notch education? Vanderbilt University earns the rank #1 for the Best College for Education in Tennessee. Lipscomb University is in second place, and Middle Tennessee State University is in third place. As for the public school system, Niche ranks Nashville a B+.
3. Living in Nashville is Robust
Known for its stable job economy and dynamic job opportunities, Nashville is among the top cities in Tennessee for job stability and a robust workforce. Hosting a wide array of businesses, living in Nashville offers Nashville residents an ironclad job market ready to hire young professionals and seasoned career professionals alike. Industry in healthcare, education, technology, and entertainment abound in Music City. With corporations like Nissan (Headquartered nearby in Franklin) and Bridgestone Americas, HCA Healthcare, and Amazon’s Technology Center of Excellence all located within the Nashville area, this bustling town employs a workforce to contend with powerhouse coastal cities such as New York, Atlanta, and Seattle.
4. Living in Nashville is Eclectic
Regarding culinary delights and living in the South, especially in Nashville, restaurants don’t mess around. From lip-smacking barbeque to world-class fine dining to Nashville’s world-famous hot chicken, drenched in Nashville’s own fried chicken sauce done right, Nashvillians have the foodie scene dialed in.
Blending historic sites with modern culture is an art form, and it comes naturally to Nashville. From the Parthenon tribute to the bustling Music City Center, visitors enjoy the architectural character of this unique city. Tennessee’s laid-back, slow-grown country roots nearly disappear amongst the inclusive multicultural wave of new Nashville residents. Bands play reggae, jazz, indie, and rock in neighborhood venues. Art appreciation honors the expression of each artist’s inner vision, no matter how off-the-wall it may seem. Nashvillians enjoy the chaos and charm of this unique city, understanding that its quirks and evolutions are the magic of Nashville.
5. Living in Nashville is Active
Further enhancing Tennesse’s dynamic lifestyle, this big city teems with outdoor adventures and scenic state parks. With the Cumberland River running through town, Nashville offers outdoor activities for all. The Bicentennial Capitol Mall State Park is home to the only replica of the Greek Parthenon and the Johnny Cash Museum; it hosts an array of walking trails and prominent green spaces to explore. Brentwood‘s Crockett Park and Drakes Creek in Hendersonville are great for families with strollers since the walking paths are either paved or rubberized for easy and safe exploration.
Sports teams are a big deal in the South, and Nashville isn’t any exception. Nashville has two professional sports teams: The Tennessee Titans of the (NFL) and the Nashville Predators of the (NHL). Community-wide support of their local teams is seen, heard, and felt across the city as sports enthusiasts cheer on the Nashville Sounds (MiLB), the Nashville SC (MLS), and local college athletic teams like the Vanderbilt University and Belmont Unversity athletics.
Hot Memphis and Nashville Neighborhoods to Consider
Nashville:
- Downtown Nashville is where the action is. This electrified neighborhood is a hub for activity. With Bridgestone Arena, Nissan Stadium, and Broadway all just a short walk away, the neighborhood attracts millennials & young professionals seeking the best nightlife and entertainment scene in middle Tennessee. For the Honky Tonk enthusiast, go to Lower Broadway. It’s Nashville’s hot spot for live music featuring piano, steel guitar, and fiddle-playing hits.
- 12 South and East Nashville offer residents an urban vibe with more affordable homes. Neighborhoods east of I-24 are broadly considered East Nashville. Roughly five miles from downtown, this convenient locale is ideal for nearly any demographic. The hip and eclectic streets are walkable, and the neighborhood is a hot spot for real estate purchasing. Nashville realtors recommend this neighborhood to young families and professionals.
- South of downtown areas like The Gulch are filled with modern condos and lofts. Ideally located near downtown Nashville, residents enjoy the benefits of the lively downtown action with more relaxed upscale living.
Memphis:
- Midtown reflects Nashville culture, With arts and music venues to entertain families, support artists, and house professionals seeking historic neighborhoods and eclectic laid-back lifestyles.
- Germantown is one of the best neighborhoods for upscale homes, with excellent schools for families.
Also, for exclusive living and upscale properties, Belle Meade, Green Hills, and Forest Hills offer luxurious suburban life.
Transportation
One noteworthy fact about Nashville is that public transportation receives mixed reviews. Nashville’s only form of public transportation is bus lines via WeGo Public Transit. Many residents think the city needs to expand its horizons and work toward fewer cars on the roads. As a solution, Nashville Mayor Freddie O’Connell unveiled a transportation improvement plan with significant improvements to bus service, dozens of miles of new sidewalks, 600 new traffic signals, and a network of complete streets with improved cycling and pedestrian infrastructure. O’Connell has said that Nashville needs much better public transit to accommodate the astronomical growth over the last 25 years.
Overall, living in Nashville is more of a way of life than it is a location. As with most cities, you pay more than the national average for top-notch entertainment and endless amenities. The RentCafe Cost of Living Calculator ranks the cost of living in Nashville at 1% less than the national average but 10% higher than the state average.
Accordingly, in Nashville, TN, housing is 8% more expensive than the U.S. average, while utilities are about 2% pricier. Regarding necessities such as food and clothing, groceries are around 6% less in Nashville, TN, than in the rest of the country, while clothing costs around 6% less. Additionally, healthcare services such as doctor check-ups and dentistry cost 9% less here than the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 6% cheaper in Nashville, TN.
Ready to Move to Nashville?
Experiencing life within the heartbeat of musical talent, sitting in exquisite historical venues celebrating the Nation’s top performers in the current landscape and in times gone by is worth every penny.
Imagine living in The Volunteer State, where rich history and vibrant culture inspire songwriters and artists to craft beautiful melodies that resonate deeply within the spirited heart of Music City. Amidst the whimsical and attractive neighborhoods, surrounded by art enthusiasts, where quirky often transforms into charming, life is seldom dull in Nashville.
Why not get the ball rolling and buy into the American dream by connecting with a lender who can finance your next real estate adventure? Now is the best time to improve your quality of life and finance a new home in Tennessee. Taking the plunge and purchasing a new property in Nashville is only a click or a phone call away.
The Steps are Simple:
Schedule a Call: An experienced loan officer can discuss your needs and guide you through the possibilities.
Get Approved: We’ll help you through the application process and facilitate the steps for approval.
Exhale: Put your feet up and feel secure knowing you made the best decisions about your home loan.
With proper guidance, you can get your first home, accommodate your growing family, and start that renovation project—whatever goal is on the horizon. An alliance with Mortgage Insiders will give you the confidence to know that your mortgage loan is setting you up for financial success. Mortgage Insiders offers today’s latest financial news and mortgage trends. Check out our channel for current events.
