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As our top moving to Franklin pros and cons continue. Most Expensive Homes: Homes less than 10 yrs old: All Single Family Homes: Pros; Entertainment : Expanding amenities : Cost of living : Cons; Hot, humid summers: Growth and sprawl: Crime rates: . Instead, Im a 50-something-year-old, early retired CPA, finance professional, and business school teacher with 40+ years of DIY dividend investing experience. The list goes on. If you like summertime temperatures which feel like you are taking an afternoon at the beach, then living in Tennessee is going to be a challenge for you. I'm single. Agricultural, tourism, and manufacturing all provide a strong GDP for Tennessee each year, with the primary products including cattle, poultry, and soybeans. Thats why I love to come along beside transplants and help guide them through finding the perfect fit for them. And the humidity levels are just as high. The temperate weather is part of the problem. The cost of living index in Knoxville is 86 out of 100. King and Aretha Franklin. It is a struggle to run out of things to see and do once you start living here. Provides auto-suggestions when entering text. The places that offer paid tours are still worth the time to see if you happen to be in the area. Spirit Airlines relocated its operations control center here from Florida. Niche requires Javascript to work correctly. Tennessee has a cost of living which is 18.94% lower than the national average and has its place among the ten most affordable states to live out of all 50. 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. The schools have a good reputation and provide a good education for students. A gateway city to the Smoky Mountains. This is probably one of the cheapest areas in the country. And with it comes a heavy allergy season. Franklin is in Williamson County and is one of the best places to live in Tennessee. The US average is 3.9%. But doesnt have very extensive coverage. The holidays are the perfect time for the community to come together for the annual Dickens of a Christmas event. Drawbacks of living in Tennessee. Overall, I think this town is a great place to live and I'm really happy here. Sales tax will tack on another $3,000. What is a bankruptcy estate? You will also discover that housing prices are rising rapidly, so you will need to start looking right away for a place to live if you plan on moving right away. Since the area is located underneath the Cumberland Plateau. Living just outside of the hustle and bustle of the big city is perfect for anyone who wants to stay connected without the high living cost of the urban areas. There . Lovers of jazz, blues rock and country will all find Tennessee's music scene and music history thrilling. As of late 2020, Tennessee had an unemployment rate of just 6.3%, which was even better than the 8.6% in 2019. One more of the bad things about moving to Franklin. Mitsubishi Motors North America relocated its headquarters here from California. Winstead Hill Park is located near downtown Franklin and contains a 61-acre historical battle site along with a walking trail. I live near the edge of town, where there is a lot of farmland, but I love downtown Franklin as well! I also appreciate the town's recreational facilities and opportunities, as well as the cultural offerings. The Sewanee Review is believed to be the oldest continually published periodical of its kind in the United States. Median household income is a lofty $135,000 and 91.5% of residents are homeowners. Union City. 9. Pros: Friendly people, Cons: Although you may just find out some wierd sides of them since the place is so small. Middle Tennessee cities in general have a low unemployment rate. Because its nothing compared to those places. The gallery is home to art in many different forms created by local artisans including painting, sculptures, glass, jewelry, antiques, and pottery. Such as biometric technology company IBT, Advanced Correctional Healthcare, Kaiser Aluminum, and CKE Restaurants. They pride themselves in their in-house designs which incorporate positive messages into classic looks. Very beautiful town. And the state you are moving from, your savings can be substantial. I like smaller towns, like 30-50K. A 50-something, early retired business professional and teacher who loves to share his everyday expertise about: I am not a licensed investment adviser, financial counselor, real estate agent, or tax professional. It is definitely one of the safer places to live, and the school systems are amazing. There are 4 areas for entertainment and activities such as keg tapping, performances from various musical acts, and A Dickens of a Christmas theatrical experience at the Franklin Theater. With quick access to Read More, Completed in 2021, Broadwest is Nashville's newest mixed-use development located in the heart of downtown Nashville. But no where . 5. Ouch! The cost of living in Johnson City and the . While wintertime in Gallatin is relatively warm (and, thankfully, short), summer here can get intensely hot and humid. Many want to move here and for good reason, it's amazing!! The festival is all about fall and has kid-friendly activities along with vendors selling seasonal goods. Literature has a home in Tennessee as well. Dont forget the Slawburger Festival in Fayetteville! Can get small-town stale. Although you may not be able to earn a 4-year degree from this option and it may not be as effective as AP or International Baccalaureate classes, it is still a better option for continuing education compared to what other states offer. 1. Furthermore, the residents take great pride in their hometown. Going about the business of your day. I really love Franklin because it has that feel of a small town community, but it is not too far out of the way. According to BestPlace.net, the median home value in Franklin is more than double the national average in the United States. A civil war monument stands in the area where General Hood watched the advancing Confederate troops and strategized his next move. I absolutely love living in this town. Cost of Living. Finally, the private schools and public schools are very good too. I have grown up in the Franklin area. 2 photos. 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. So, you need to be prepared to take shelter on short notice. If you are on the outside looking in, then this environment can feel exclusionary, and there may not be much that you can do about it. Along with private options from Uber and Lyft. Depending on how much money you make. Today, I'd want to talk about the advantages and disadvantages of living in Franklin, Tennessee. Main Street Festival runs annually in mid-July and features 200+ local artists and vendors, musical talent, and great food for the whole family. 893. Franklin has a population of about 80,000 residents within Tennessees Williamson County. The two-acre McGavock Confederacy Cemetery, named for the family that resided here for generations, is the final resting place of nearly 1,500 soldiers. You will not be disappointed with what you get to enjoy when attending a popular event like Bonnaroo. DRAWBACKS of living in Kentucky. Liberty Park is located at 2080 Turning Wheel lane and houses 3 baseball diamonds within the 85-acre park. Tennessee might not be in the heart of Tornado Alley with its location in the United States, but it does sit in the lower Midwest or upper South where cold fronts hit warm weather to create severe thunderstorms. There is more polarization in our relationships in the United States then at arguably any other time in history. Franklin is very family friendly with lots of opportunities to make great memories. Niche is not a lender and does not endorse the products of these advertisers. Civil war buffs will enjoy being surrounded by a piece of American History whether its touring one of the historical areas or visiting one of the educational museums, theres history everywhere you look in Franklin. The city has so much, going for it already and it just keeps getting better. Imago Dei is a small but mighty local shop selling high-quality clothing, home goods, and jewelry for women and children. Many people travel to the New England states during the fall season because of the way the trees change the colors. With the average household income at less than $39,000, it almost needs to be structured this way to be livable for the average family. 1. Even though Tennessee is something thought of as a rural state, there are several professional sports teams that are located in the area. These things combine to mean one thing. Some of the most sought after public schools in TN. Residents complain about it. Our 76.3-year life expectancy is one of the lowest in the nation. Tennessee Tourism 3. 4. It would be less than a decade later, in 1796, that Congress would declare that it was the 16th state of the union. So, be sure to check out the annual Pumpkin Festival. Franklin is more costly. You already know about the historic downtown area. The service is warm and friendly and makes you feel like youre getting a hefty dose of Southern Hospitality. Anything above 6.2% ABV has to be sold in a liquor store, which can't sell anything below 6.2% ABV. The Tennessee Promise Program allows the child who graduates from high school in the state to attend a local community college at zero cost of the family. You will discover a magical wonderland under the ground, with stalactites and stalagmites offering beautiful pillars that make you feel like youre visiting a natural cathedral. Meridees is a great place to grab a quick lunch with friends or grab a tray of cookies for your next gathering. I love Franklin. The city has 4 designated historic districts that are listed in the National Register of Historic Places. As it relates to your money. The land area that would become this state was originally part of North Carolina, and then the Southwest Territory. And it does so by taxing your purchases. Im here only to share my thoughts about essential topics for success. Warm weather. Between the events and the games, it's a lot of fun. Calculated annually per 100,000 residents. 1. There are some larger developments and master-planned communities. 4. HOA fees can get expensive, rarely go down, and do not build equity in your real estate. Next, we have Harlinsdale Farm. Things to Consider Before Relocating to Franklin, Tennessee.