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Retire in Loudon, Tennessee?
Overview: Nestled in the foothills of eastern Tennessee's lush Great Smoky Mountains, charming Loudon was once a busy Tennessee River steamship port. It is named after nearby Fort Loudoun, a reconstructed Colonial-era British fort.
Today Loudon is an attractive town with a small, walkable core that has a farmers' market, antique stores, ice cream shops, as well as historic buildings such as the Carmichael Inn and Orme Wilson Storehouse. The intimate, red brick Lyric Theatre is home to two theatrical groups and hosts anything from concerts and plays to movies. The town's Riverside Park and the nearby Poplar Springs Recreation Area have boat ramps, docks, and fishing piers. There are seven golf courses in the county, and three of them are within Loudon's city limits. The annual Smoky Mountain Fiddler's Convention is held in Loudon's Legion Park, and the convention coincides with an antique fair and crafts festival.
Many neighborhoods have a country feeling, and older areas have modest homes on large lots. The resort-style communities of Tennessee National and Tellico Village also have a Loudon address. Both have golf course homes and waterfront homes, many of which are large and made from brick.
Population: 5,800 (city proper)
Percentage of Population Age 45 or Better: 48%
Cost of Living: 7% above the national average
Median Home Price: $245,000
Climate: Summer temperatures are in the 80s and 90s, and humidity is high. Winters are mild with temperatures in the 40s, 50s and 60s. On average, the area receives 50 inches of rain per year.
At Least One Hospital Accepts Medicare Patients? No, but Lenoir, six miles away, has a hospital that accepts Medicare patients.
At Least One Hospital Accredited by Joint Commission? No, but Lenoir, six miles away, has a hospital that is accredited.
Public Transit: No
Crime Rate: Below the national average
Public Library: Yes, located in Tellico Village
Political Leanings: Very, very conservative
Is Tennessee Considered Tax Friendly for Retirement? Somewhat
Cons: The tornado risk is 25% higher than the national average.
Notes: Loudon is racially diverse and has grown by 8% within the last decade.
Recommended as a Retirement Spot? Yes
Explorer DeSoto visited this area in 1540, and in 1763 England won the land by winning the Indian Wars. Early pioneers named the new state Franklin, and in the mid-1780s, the region was allowed to send representatives to the legislature. The state joined the union in 1796 and the Confederacy during the Civil War. Many residents remained pro-Union and the state was the scene of extensive fighting.
Today the majority of Tennessee locals live in urban areas. Textiles, chemicals, electrical machinery, leather goods and furniture are the state's primary products. Tennessee also produces a lot of tobacco, but other income is derived from dairy products, livestock, nursery and greenhouse products, as well as cotton.
A few of the state's points of interest are the Great Smoky Mountains National Park, the Hermitage (home of Andrew Jackson), the American Museum at Oak Ridge (atomic energy), three national military parks, and Rock City Gardens (in Chattanooga).
Population - 4,961,018
Persons 65 years old and over - 16%
High school graduates, persons age 25+ - 85%
Bachelor's degree or higher, age 25+ - 25%
Persons of Hispanic or Latino origin - 5%
White persons, not Hispanic - 64%
Median household income - $45,483
Social Security taxed? No
Source: U.S. Census Bureau
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