The Tennessee migration is real, with the state being sixth in the nation in population growth from 2022 to 2023. Tennessee has some notable large urban areas, but one under-the-radar choice if you’re looking to relocate to the Volunteer State is Maryville. According to the most recent census data, the town, located just south of Knoxville, has a small population of just under 32,000. But don’t be surprised if more and more retirees begin flocking there once the word gets out.
Maryville is best known for its small-town feel and Smoky Mountain views. The median age in the city skews a bit younger at 41.2, making it a hip spot for active seniors who prefer to feel young at heart. More importantly, it also has affordability appeal for budget-minded seniors. In fact, Maryville is recognized as one of the most affordable places to retire in the South by Investopedia and Southern Living. Learn more about this hidden gem in the Smoky Mountains.
Key Takeaways
- Maryville, Tennessee has a median income on par with the nation but lower housing costs that are 3% below the median in the South.
- Property tax costs in Maryville are lower than in many other places, and the state and local tax burden is the third lowest in the nation.
- Tennessee is one of just a few states that do not charge income tax, making it very attractive to retirees who want to keep all of their social security and pension dollars.
- Maryville’s small-town appeal, natural beauty, and recreational opportunities make it a good fit for active seniors.
Below-Average Cost of Living
In Maryville, the median income is $74,610, which is almost even with the national median of $74,580. However, median home prices are lower in Maryville compared to the national cost, putting aspiring homebuyers in a more favorable financial position…