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Johnnie Creel & The Creel Group

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Livability Ranks Knoxville No. 2 on ‘Best Places to Retire’ List

Livability just confirmed what I already knew about Knoxville: it is one of the best places to retire. This Number 2 ranking comes as no surprise to statisticians either, as we were ranked Number 2 last year too.  According to the Knoxville Chamber of Commerce:

Knoxville ranked second highest for housing affordability and has the lowest unemployment rate for seniors. A variety of parks, bike paths, and trails allow residents to stay active and get plenty of exercise.

The article on Livability reads:

We looked for areas that have an active population and ways to stay active. Natural amenities, a temperate climate (as measured by the difference in January and July temperatures), golf courses, Walk Score and the number of golf courses were all considered.

For people on a fixed income, affordability is often an issue, so we looked at housing affordability measured by the U.S. Department of Housing and Urban Development’s Location Affordability Index. Overall cost of living was factored in as was the crime rate.

Most of these measures were selected from our overall Best Places to Live metrics with special attention paid to specific concerns of seniors and Boomers. But we also wanted to add some senior-specific metrics. We looked at Census data and data from Esri’s consumer segmentation system, Tapestry, to find areas with heavy concentrations of seniors and businesses and services that cater to them. Research has shown that people are staying in the workforce later in life, so we also analyzed data from the Bureau of Labor Statistics to find areas with low unemployment for seniors. Finally, using data from Kiplinger, we gave bonus points to cities located in states that have a tax climate that is especially friendly to retirees.

For both baby-boomer Knoxvillians and those looking to relocate, Knoxville proves to be one of, if not the, most perfect locations to consider. If you are looking to relocate, contact us today to get your complimentary Knoxville relocation packet. You may also view and search for available homes for sale.

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