Search

Chattanooga is the Best Place to Retire


Thinking about retiring? Consider Chattanooga.

Recently, Tennessee earned a number-one spot among states considered prime retirement locations in a Bankrate.com study. Ranked by data such as climate, tax rates, cost of living and access to healthcare, Tennessee has a cost of living 9.6 percent below the national average.

Our state and local tax burden is the third lowest in the nation, with residents enjoying no income tax except on interest and dividends. State sales tax is 7 percent; 5 percent for food.

Tennessee has no state property tax. Property taxes are locally determined and collected.

Chattanooga’s median home value is $132,000. 

From outdoor recreation to affordability to a location within a day’s drive of one-third of the U.S. population, Chattanooga boasts something for everyone.

Learn more about retiring in Chattanooga here

Other Topics

In the dynamic landscape of entrepreneurship, navigating the path to success requires more than just a visionary idea and entrepreneurial spirit. The one key element often overlooked?   A well-crafted business plan.   Integral to sustained growth and prosperity, a strategic business…

In the bustling landscape of many cities throughout the United States, innovative solutions are vital to keep traffic flowing safely, yet efficiently. At the forefront of this innovation is Xtelligent, an L.A.-based startup reshaping the way we approach traffic control.  …

Happy 160th Birthday, First Horizon Bank. You've got lots to celebrate.   "March 25, 1864," said Richard Shaffer, regional president. "Our documents go back to 1864."  It was Memphis, 1864. The US government approved bank charters for First National Bank of…

On March 2, 2024, the Chattanooga Metropolitan Airport marked a significant milestone to celebrate the completion of its $28 million expansion.   For those acquainted with the Chattanooga airport, many remember its compact and intimate layout. Waving off your loved ones…

As a New York University student enrolled in a course on entrepreneurism, Michael Marczi was studying the energy industry when he realized, quite acutely, the very big problem we are all facing.   To provide clean power to electric vehicles, the…

On a recent morning, Abhi Sastri, holding a Mean Mug latte in one hand and his iPhone in the other, makes a bold prediction as he looks across the North Shore landscape.   In the next five to 10 years, Chattanooga…

Sign up for weekly updates.