Not only is Nashville becoming one of the hottest real estate markets in the country, it is also attracting young professionals in droves.
According to a recent survey by City Observatory, Nashville ranks 2nd only to Houston when it comes to the percentage change in the number of college graduates ages 25 to 34 (from 2000 – 2012) moving to the area.
You maybe asking, why Nashville? Granted it’s not New York, LA, or Chicago but that’s it. It’s not New York, LA, or Chicago. Nashville has become the new “it” town over the past 10 to 15 years.
Affectionately referred to as the “third coast”, Nashville has slowly but surely gone from a country music town to a thriving city full of professional sports teams, world class restaurants, high-end shopping, and a place where celebrities hang out and live.
I think what makes Nashville special is that it is becoming a big city, but still has a small town feel. Celebrities know that they can live here and not be bothered by paparazzi. There’s an unspoken rule in Nashville that says, “don’t bother the celebrities”.
If you want to go see a popular music act in concert, chances are they have Nashville as one of their dates. If you want to go to a Titans football game or Predators hockey game, you can do this 9 months out of the year. How about a chic venue for dinner and a show? There’s City Wintery for that – or you could try one of the many modern hang-outs in The Gulch.
How about jobs? Nashville’s got jobs. With a recent figure of 4.6% unemployment rate, Nashville ranks as one of the leaders in the U.S. for jobs. Healthcare, logistics, entertainment, tourism, and education lead the way when it comes to industries for careers.
Did I mention, no income tax? That’s right, Tennessee has no state income tax. In regards to taxes, the greater Nashville area has much lower property taxes than other metro areas. Here’s a handy guide to help you figure property taxes in Nashville.
The weather is awesome in Nashville. While there are four full seasons, it is overall warmer than places like New York and Chicago.
With all these benefits, it’s no wonder why Nashville is becoming the “it” city to move to for young professionals 25-34.
One last reason I think people in this age range want to move here is the family environment. Nashville is a wonderful place to raise a family. Ask anyone who’s ever moved here from somewhere else and they’ll tell you this is a great place to raise a family.
If you need help finding a home in the greater Nashville area, we’d love to help you out. Give us a call and one of our friendly, experienced agents will help you find out for yourself why Nashville is a great place to live.