Tennessee enjoys a moderate four-season climate
with average daily highs in the low to mid-80s
during the summer and the 50s during the winter.
Some snowfall is expected during January and
February, especially in the highlands of East Tennessee, but it usually melts in a few days. Spring
showers encourage abundant seasonal growth, but
the fall months are dry and refreshingly cool.
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ON THE SHORES OF LAKE TELLICO
Fred Toettcher is a resident of the Tellico
Village, Loudon, TN:
Tennessee is an ideal retirement location, with 93% of
new properties purchased by people who have migrated
here from other states. Taxes are very low, including
the lowest per capita property taxes in the country. The
climate is great, winters are mild, and the fall colors
are breathtaking. Easy travel connections and superior health care facilities are also a plus. Located near
Knoxville, Tellico Village has become one of the premier
waterfront communities in the Southeast, featuring three
private golf courses and a host of other high-quality
JUST THE RIGHT LOCATION
Dan and Susie Fagan live in the
Jasper Highlands community:
“We originally considered locations in Colorado and
Wyoming, but decided the distance and winter climate
would be too challenging. Tennessee is within a one-day
drive to three of our four children and grandchildren.
Additionally, the real estate taxes are modest and there’s
no state income tax. We are also pleased with the quality of medical care that is available. Our home in Jasper
Highlands is near Chattanooga, which offers great restaurants, shopping, and entertainment venues.”
State Sales Tax: The statewide sales tax is 7%, with an ad-
ditional 2.75% in some areas.
Income Tax Rates: Tennessee has no state income tax, nor
any tax on pensions.
Tax Incentives: Property taxes are based on just 25% of
assessed real-estate value.
Average Cost of Living: Based on the Federal Cost of
Living Index, Tennessee has the 2nd lowest cost of living in
Medical Centers: Tennessee has regional medical centers
located throughout the state, plus top-rated facilities like
the Vanderbilt University Medical Center (Nashville), the
University of Tennessee Medical Center (Knoxville), CHI
Memorial Hospital (Chattanooga), and the renowned St.
Jude Children’s Research Hospital (Memphis).
TN — AT A GLANCE