News Summary
Tennessee is experiencing a remarkable increase in its population as new residents flock to the state for its attractive living conditions. Cities like Knoxville and Nashville are among the top choices for movers, with significant move-in rates reported by PODS. The state’s favorable economy, affordable housing, and cultural appeal contribute to its rising reputation as a desirable destination for individuals and families seeking fresh opportunities.
Tennessee is witnessing a historic influx of new residents, with various cities across the state experiencing significant population growth over the last year. A recent report by moving and storage company PODS shows that cities in Tennessee are among the top destinations for movers between January 2024 and March 2025, further enhancing the state’s reputation as an attractive place to live.
According to the data, Knoxville ranks eighth nationally for the highest number of move-ins, while Nashville follows closely in ninth place. Other cities such as Chattanooga and Johnson City also made the list, sitting at 11th and 14th, respectively. This trend correlates with findings from U-Haul, which has placed Tennessee among the top five growth states for 2024, marking the fifth consecutive year for the state in the top-10 category.
In a demonstration of its burgeoning appeal, Tennessee recorded approximately 203,156 new arrivals in 2023, leading to a net gain of 22,749 residents. The state’s attractive characteristics include a burgeoning economy, lower cost of living, and a pro-business atmosphere, which are drawing individuals and families seeking new opportunities.
U-Haul’s migration data indicates that inbound one-way moving traffic to Tennessee comprised 51% of move-ins in 2024, showcasing a robust net gain in population. This movement is particularly prominent in cities located in Middle Tennessee, including regions such as Brentwood, Clarksville, Cookeville, and Nashville. These areas have become popular destinations for those looking to relocate, highlighting their growing appeal.
In terms of housing affordability, Tennessee offers a compelling proposition. With a median rent of approximately $1,578 and a median home sale price of $387,100, the state boasts home costs that are about 7.9% more affordable than the national average. The cost-of-living index in Tennessee stands at 90.4, placing the state as the 10th most affordable in the U.S. In addition, the property tax rate in Tennessee is one of the lowest nationwide at 0.67%.
The economic landscape of Tennessee is also a contributing factor to its growing population. The unemployment rate in the state is lower than the national average, currently at 3% compared to 4.2%. Major industry sectors include trade, transportation, utilities, education, and health services, which collectively employ over 49% of nonfarm workers in the region. Such factors bolster the state’s attractiveness as a migrating destination.
Demographically, Tennessee showcases a diverse population, with the largest segment of residents aged between 25 and 44 years, representing 25.6% of the total population of approximately 7,126,489. The racial breakdown reveals that 78.4% of the population identifies as White, while 16.5% are Black, 7.5% Hispanic, and 2.1% Asian.
Moreover, cultural hospitality is a hallmark of Tennessee, further fueling its desirability as a relocation hotspot. The state consistently ranks among the top 10 destinations for retirees, emphasizing affordability and vibrant cultural experiences as key factors that attract newcomers.
Tennessee’s appeal also extends to its reasonable gas prices, currently averaging around $3.04 per gallon, which is similarly lower than the national average. With these economic conditions coupled with a welcoming community, Tennessee remains a top choice for those considering a change in scenery.
As the trend of new residents moving to Tennessee continues, it is clear that the state will remain an attractive option for those seeking opportunities in a picturesque environment characterized by southern charm and hospitality.
Deeper Dive: News & Info About This Topic
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Additional Resources
- The Tennessean
- Wikipedia: Tennessee
- WATE
- Google Search: Tennessee cities population growth
- News Channel 5
- Google Scholar: Tennessee economic growth
- FinancialContent
- Encyclopedia Britannica: Nashville
- WKRN
- Google News: Knoxville population increase
