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retire

Finding the Best Places to Retire Since 2006!

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Retire in Mt. Juliet, Tennessee?

Overview:   The leafy town of Mt. Juliet is just outside of Nashville in north central Tennessee. Well managed, well kept and known for its high quality of life, it has grown by 500% within the last decade or two.

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Established neighborhoods with modest bungalows and ranch ramblers on large lawns exist side by side with new subdivisions that have Craftsman and contemporary brick styles on smaller lots. Lake Providence is a lovely 55+ community. Shopping and dining opportunities are more than adequate with five malls that have national retailers (Belk, Walmart, Walgreens, etc.), nicer chain restaurants and movie theaters. The farmers' market happens throughout the summer. The parks and recreation department has a robust menu, and two nearby lakes, 14,000-acre Percy Priest and 22,500-acre Old Hickory Lake, provide opportunities for fishing, camping and boating. Nashville's big city amenities are just down Interstate 40.

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Population: 32,000 (city proper)

Percentage of Population Age 45 or Better:  28% 

Cost of Living:  8% above the national average 

Median Home Price: $260,000

Climate:  Summer temperatures are in the 80s and 90s, and winter temperatures are in the 20s, 30s and 40s.   On average, the area receives 55 inches of rain and 4 inches of snow per year.

At Least One Hospital Accepts Medicare Patients? No, but Summit Medical Center in Hermitage, five miles away, accepts Medicare patients. 

At Least One Hospital Accredited by Joint Commission?  No, but Summit Medical Center, five miles away, is accredited.

Public Transit:  No

Crime Rate:  Below the national average

Political Leanings:   Conservative

Is Tennessee Considered Tax Friendly for Retirement?   Somewhat

Cons:  The tornado risk is 150% above the national average.

Notes:   Racial diversity is minimal.  Highly regarded Vanderbilt Medical Center is only a few miles away in Nashville.

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Recommended as a Retirement Spot?   Yes

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Tennessee

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).

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Stats:

Population - 6,651,218

Persons 65 years old and over - 15%

High school graduates, percent of persons age 25+ - 85%

Bachelor's degree or higher, pct of persons age 25+ - 24%

Persons of Hispanic or Latino origin, percent - 6%

White persons, not Hispanic, percent - 75%

Median household income - $45,219

Social Security taxed? No

Source: U.S. Census Bureau

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