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Home        Vol VII   Issue 9       January 31, 2012     Previous Issues

 

 

Small Town Values, a Quieter Pace, Lake Recreation and a Low Cost-of-Living Bring Retirees to Cookeville in Pastoral Middle Tennessee 

Cost of Living:  Below the National Average

 

Located in the scenic Upper Cumberland Plateau of Middle Tennessee, about 80 miles east of Nashville, Cookeville (population 28,000) is surrounded by rolling hills, farmland, lakes, rivers and some spectacular waterfalls.  It is a conservative place where traditional values are alive and well and where residents boast about the city's quality of life.  In fact, according to a recent city survey, a whopping 96% of residents say that they are either satisfied or very satisfied with Cookeville's general quality of life, and they point to its small town ambiance, friendly neighbors, pretty scenery, affordable housing, excellent health care facilities and relatively mild climate as reasons that they live here.   Thirty-three percent of Cookeville's population is age 45 or better, and more retirees are discovering this appealing mid-South city every day (in fact, the city has grown by 15% in the last 10 years).

While Cookeville is the economic hub of Putnam County, its cost of living is 15% below the national average.  The median home price of $145,000 is also below the national median, and a real estate dollar goes a long way here.    Older but well-kept homes with 3 bedrooms, 2 baths and 1,000 square feet can be found for less than $85,000.   The median price of $145,000 will fetch a ranch-style, brick home with 3 bedrooms, 2 baths, 1,500 or more square feet, a large manicured yard, mature trees, an attached garage and a backyard storage shed.    Beautiful 2,000 + square foot homes with tile floors, wrap-around porches, cathedral ceilings and acreage are for sale for less than $175,000.   Mini-mansions can be found in the low- to mid-$200,000s.  Most neighborhoods are leafy and tidy, but some have "fixer uppers" in need of some TLC.

 

Condominiums and town homes are not plentiful.  Apartments are in somewhat short supply as well, but the average price is around $600 per month for a 1 bedroom unit and $800 per month for a two bedroom unit.   Private homes lease from around $650 per month.  There are also at least 11 manufactured home/mobile home parks in and around Cookeville.    Depending on home size and location, prices range from approximately $12,000-$75,000.  

When it comes to property taxes, a city residence is assessed at 25% of fair market value, and the annual taxes on a $125,000 home are approximately $850.   Tennessee does not offer a homestead exemption but does have a tax relief program for those age 65 and better.    There is also no state income tax on salaries, Social Security or pension income.  

Residents find plenty to do in Cookeville, and cultural options are impressive for a city this size.   The Bryan Symphony Orchestra presents year-round concerts and attracts top talent from throughout Tennessee.   The Cookeville Arts Center exhibits works by regional artists.  The 458-seat professional Cookeville Drama Center produces the award-winning Backstage Series and presents Shakespeare in the Park during the summer and autumn.   The Cookeville Arts Council sponsors a Sundays in the Park concert series featuring an eclectic array of jazz vocalists, bluegrass ensembles and mountain-style rock and roll.

The Cookeville Community Concert Band performs monthly from May through August at the Dogwood Performance Pavilion.    The Cookeville Depot Museum, built in 1909, is home to an engaging collection of railroad memorabilia, and the Cookeville History Museum houses the city's extensive history collection.   The city's historic West Side showcase's Cookeville's past and is home to shops and restaurants.     Downtown Cookeville has been undergoing a renovation that is being overseen by a non-profit group called CityScape, and this is bringing new business ventures to this southern metropolis.

Cookeville, Tennessee


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Cookeville enjoys a strong community spirit, and this is seen in its celebrations.  Festivals include the Fall Fun Fest (a family-friendly street event), the Cookeville CookOff (a competition to see who can stir up the best chicken, ribs, beef, brisket, pork, sides and dessert dishes), the Renaissance Festival and Faire (a celebration of days gone by), and Taste of the Town (a foodie's delight as each spring as restaurants bring out their best dishes for free tastings).

Tennessee Technological University, a four-year institution with roughly 9,700 students, also makes its home here and contributes to the community fabric through its concerts, art exhibits, athletic events, plays and workshops.    The Appalachian Center for Craft, a satellite campus of TTC, has a 500-acre facility overlooking Center Hill Lake and exhibits handblown glass, pottery, ceramic, fabrics, iron and metal pieces, handcrafted wooden items and other treasures.  Public workshops are available as well.

 

 

For an outdoor-themed retirement, Middle Tennessee has a lot to offer.  Three large man-made lakes, Cordell Hull Lake, Center Hill Lake and Dale Hollow Lake (400 miles of shoreline alone), are within an hour's drive of Cookeville and are quite peaceful during the week.  They can become crowded on weekends, though, attracting vacationing water skiers, fishermen, boaters and sailors.   State parks are plentiful and several with waterfalls (Burgess Falls, Cummins Falls and Fall Creek Falls) are within 15 to 45 minutes of town.   Hiking, camping and fishing opportunities are in abundance.  In town, there are 13 parks, including Cane Creek Park, a lovely 262-acre community park, and Dogwood Park, a beckoning downtown green oasis.   The active Cookeville Leisure Services Department, the Putnam County Family YMCA, a softball complex and 12 golf courses make staying in shape easy to do.  

Residents also have 105 restaurants from which to choose, and nearly all cuisines are represented (no vegetarian, though).   Most eateries are chain establishments or mom and pop diners.   A good selection of major retail stores includes Wal-Mart, Office Max, Walgreens, Kroger, Sears and more, and the Cookeville Mall has 35 specialty stores (and is the only indoor mall in the Upper Cumberland area).    CATS is the public transit system and provides service 7 days a week, major holidays excluded.  Rides are $1 each.   Cookeville has 137 churches (this is the Bible Belt) and at least 2 Jewish congregations.

Cookeville Regional Medical Center, the primary health care facility and a regional referrer hospital, has 247 beds and is award-winning, having just recently received the Outstanding Achievement Award by the Commission on Cancer of the American College of Surgeons.  CRMC has also won several national awards for its spine surgery and orthopedic surgery and is fully accredited by the Joint Commission.  It offers full service emergency medicine, cardiac care and cancer care and has a diabetes center, a rehabilitation center, a women's center and the Lifeline Program, a personal emergency response system for the chronically ill, elderly and disabled.   Cookeville has won national recognition as well for its work in increasing the survivability of sudden cardiac arrest by working to train 25% of its population in the use of  portable defibrillators.

   

 

There are two senior centers, the Algood Senior Citizen Center and the Putman County Senior Center.  Both offer social, recreational and educational classes and activities.  There are also numerous ways to volunteer in the community.  The local YMCA seeks people to teach preschool classes, coach teams and cook for bake sales, among other things.  The Putnam County Habitat for Humanity is always looking for those handy with a hammer and a nail gun, although they also welcome those with no building experience.  CASA is a non-profit group that works with the courts and needs people to advocate for neglected children in the Cookeville area.

With warm summers, mild winters, and breezy autumns, Cookeville's weather is seasonal but without many extremes.  It sits at an elevation of 1,133 feet and is several hundred feet higher than Nashville, which helps moderate summer heat.  July daytime temperatures top out in the high 80s and low 90s.   January temperatures are in the 20s, 30s and 40s.   Five to six inches of precipitation fall each month, but very little of it is snow.   Humidity averages 68% and the sun shines 208 days of the year.  Air quality is below the national average, but water quality is excellent.  The chance of a tornado is 100% greater than the national average.

Cookeville, with a crime rate that meets the national average, is popular with residents, but there are a few drawbacks to retirement here.   This is rural Tennessee and not a particularly ethnically diverse area.   The nearest large city is Nashville, so it is a trek to find symphonies and museums and other big city amenities.   The Cookeville economy has been tethered to manufacturing and has suffered some setbacks in recent years, but retail, health care and education jobs have compensated for some of the loss of manufacturing jobs.   

 

In a hectic world, Cookeville is a pleasing haven, a pretty spot with friendly folks and a quieter pace.   And with 96% of residents saying that they are happy with its quality of life, Cookeville seems like a great retirement spot indeed.

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