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retire

Finding the Best Places to Retire Since 2006!

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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.

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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 Legion Park and coincides with an antique fair and crafts festival.

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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)

Age 45 or Better:  48% 

Cost of Living:  2% below the national average

Median Home Price: $255,000

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 conservative

College Educated:   26%

Is Tennessee Considered Tax Friendly for Retirement?    Somewhat

Cons:   The tornado risk is 25% higher than the national average.  

Notes:    Loudon has grown by 8% within the last decade.

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Recommended as a Retirement Spot?    Yes

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Tennessee:

The state's nickname was born in the War of 1812 when a contingent of volunteer soldiers fought valiantly at the Battle of New Orleans. The Volunteer State was the 16th to enter the Union on June 1, 1796. Today, it may be best known as the home of blues and country music. Its largest cities, Memphis and Nashville, have hosted the best in both genres from Muddy Waters and B. B. King to Johnny Cash and Dolly Parton.

Tennessee is only 112 miles wide, but its longitudinal borders stretch from the Appalachian Mountains to the Mississippi River. It contains 41,200 square miles of land and 926 square miles of water. Main land regions include the Blue Ridge, the Appalachian Ridge, the Cumberland Plateau, the Nashville Basin, and the Gulf Coastal Plain. Clingman's Dome, the state's highest point, is in the Blue Ridge. Weather throughout is generally mild. Winter and spring are the rainiest seasons. Hazardous storms are rare.

Farmland spreads over 44% of the state. Beef cattle and calves are top agricultural products. Tennessee's manufacturing industry produces processed foods, transportation equipment, and chemicals. Tourism is also a driving force.

Nashville's Grand Ole Opry began in 1925 as the WSM Barn Dance. It's one of the state's most popular attractions and remains on the record books as the longest running radio show in the U.S. Named after a city in Egypt, Memphis is home to Sun Studio and Elvis Presley's Graceland.

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Stats:

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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