Knoxville, Tennessee, is a city that offers residents a variety of benefits, from an affordable cost of living to a vibrant arts and culture scene. Knoxville also ranks as one of the top 10 fastest-growing cities in Tennessee. However, like any city, there are also some downsides to consider, such as limited public transportation, nightlife and shopping options, hot summers, and higher sales tax. In this article, we will explore the pros and cons of living in Knoxville, and give you a complete rundown to help you make the best choice for you.
So whether you’re looking at apartments in Knoxville, TN or thinking of buying a home in the city we’ve got you covered with all the information you need to know.
Pros of living in Knoxville
1. Affordable cost of living
Knoxville, TN, has a more affordable cost of living in comparison to other nearby major markets, making it a great place to call home. In contrast, Nashville, located about 170 miles to the west, is known for being a more expensive city, with a cost of living that is 15% higher than Knoxville’s. One of the primary reasons for Knoxville’s low cost of living is the relatively inexpensive housing. For example, the median sale price in Knoxville is $306,000, which is 23% lower than the national average of $400,500 and 30% lower than the median sale price in Nashville.
2. Vibrant arts and culture scene
Knoxville’s vibrant arts and culture scene offers numerous museums, galleries, theaters, and festivals. The city is home to the Knoxville Museum of Art, the Clarence Brown Theatre, the World’s Fair Park, and the Sunsphere, among others. It also hosts several cultural festivals, such as the Dogwood Arts Festival and the International Biscuit Festival. Knoxville’s rich history and commitment to the arts provide residents and visitors with diverse cultural experiences.
3. Beautiful natural scenery
The Great Smoky Mountains surround Knoxville, providing residents access to beautiful natural scenery. The city is a hub for outdoor activities such as hiking, biking, and kayaking, and its numerous parks and greenways offer opportunities for residents to enjoy the outdoors. From scenic drives in the mountains to exploring the Tennessee River, Knoxville’s natural beauty provides residents a peaceful retreat from city life.
4. Diverse job opportunities
There are diverse job opportunities across many industries, including healthcare, education, manufacturing, and technology. With the University of Tennessee and Oak Ridge National Laboratory located in the city, Knoxville has an intense research and development sector. The city is also home to several major companies, such as Pilot Flying J, Bush Brothers & Company, and Regal Entertainment Group. Whether you are starting your career or looking for a change, Knoxville offers a variety of options for jobseekers.
5. Convenient location
The city is conveniently located in the heart of the Southeastern United States, providing easy access to major cities like Nashville, Atlanta, and Charlotte. The city is served by McGhee Tyson Airport, making air travel convenient for residents and visitors alike. Knoxville is also situated at the intersection of various major highways, including I-40 and I-75, making it easy to travel by car.
Cons of living in Knoxville
1. Limited public transportation
Unlike larger cities such as Manhattan, Knoxville’s public transportation system is limited. With a Transit Score of 27, the city only has a few bus routes and no commuter rail service. While the city is compact and walkable in some areas, getting around without a car can be challenging, particularly for those living in outlying areas. This may be a barrier for some residents who rely on public transportation to get to work or run errands.
2. Limited nightlife
Knoxville’s nightlife is limited compared to larger cities, with fewer bars, nightclubs, and entertainment venues. While some popular spots exist in areas like Market Square and Old City, the city may not have the same variety and excitement as larger urban centers. However, Knoxville does have a thriving music scene, with many local bands and musicians performing at smaller venues throughout the city. Additionally, the city hosts several cultural events and festivals throughout the year, which may offer opportunities for evening entertainment.
3. Limited shopping options
For those who love to shop, options may be limited in some areas, with fewer high-end retailers and luxury shopping destinations compared to larger cities. While the city has several shopping centers and malls, including West Town Mall, some residents may need to travel outside the city for more diverse shopping experiences. However, Knoxville does have a solid local retail scene, with many unique boutiques and shops offering handmade and one-of-a-kind items.
4. Hot summers
Knoxville experiences hot summers, with average high temperatures in the 80s and 90s (°F) from May to September. Humidity can also be high, making the heat feel more intense. This may be uncomfortable for some residents who are sensitive to the heat, particularly those who do not have access to air conditioning. However, the city’s proximity to the Great Smoky Mountains provides opportunities for outdoor recreation in cooler mountain temperatures, and many indoor attractions and activities offer respite from the heat.
5. Higher sales tax
Tennessee’s sales tax is notably higher than the national average, hovering around 7%. In comparison, most states have a sales tax rate within the 4-7% range. Tennessee’s high sales tax rate can impact residents’ purchasing power and overall cost of living. Knoxville, TN, has a combined sales tax of 9.25% when factoring in state, county, and city sales tax rates.
The post Is Knoxville, TN a Good Place to Live? 10 Pros and Cons to Consider appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
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