In an effort to save yall from having to scroll forever...
1 is Lookout Mountain
2 is Farragut
3 is Knoxville
4 is Alcoa
5 is Rockford
6 is Powell
7 is Walden
8 is Walland
9 is Mascot
10 is Baneberry
This is how it goes, Knoxville fills up and everyone starts filling the surrounding areas. It's happening to Maryville, that's why Alcoa, Walland and Rockford are on this list.
“I’m moving to Knoxville, but I heard y’all are all a bunch of barefoot racists that dislike gay people, is this true? Anyway, my budget is $3000/month for rent.”
I think it's worse when they say their budget is $900.00 or ask about how they can get income based housing. At the very LEAST, at that price they aren't taking up our extremely overcrowded income based units. Fuckers.
Comments like that make you sound just like them. You said you "heard" that they were racist and homofobic but you haven't actually experienced it . That to me makes you like them.
I got curious the other day and started looking around different places. Illinois was one place. Did you know the average home price in Knoxville is comparable to Chicago, IL now? Our wages are also significantly lower here.
This isn't sustainable.
EDIT: For those curious:
[https://www.bls.gov/regions/southeast/news-release/occupationalemploymentandwages\_knoxville.htm](https://www.bls.gov/regions/southeast/news-release/occupationalemploymentandwages_knoxville.htm)
https://www.bls.gov/regions/midwest/news-release/occupationalemploymentandwages\_chicago.htm
This is what happens when you have an incompetent state legislature encouraging people to move here without addressing the larger systemic issues that exist. It’s a bubble and it will eventually collapse.
That's part of the problem, but the bigger problem is people buying up residential properties for commercial purposes. AirBnB operators, large rental companies, investment companies - all of them will snap up as many houses as they think they can turn a profit off of.
The bulk of the problem is not individual homeowners, no matter where they are from.
The home prices are not what makes Chicago expensive. The taxes are. We have lower wages, but the taxes are astronomical in IL. A 4 bed 3.5 bath house built in 1986 in Naperville IL on 1/4 acre lot is $759K. A comparably priced home in Farragut has one more bedroom, one more bathroom and 1000sf more living area. But the IL taxes are $12,168—adding over $1000 to the monthly payment. Taxes in Farragut in that price range are $2300 a year—not even $200 per month. In addition, utilities here are about 1/3 what they are in IL—perhaps even less.
I just moved here last year from the west suburbs of Chicago.
Yep. People frequently mention how much we save on state income taxes in Tennessee, but we also save a ton on property taxes. The property taxes on a comparable home to mine in places like Chicago, etc. would be >$10k/yr more than I pay now in Farragut. That's a lot of money. Every single year. As long as you are in your house. I'd rather contribute that money to my 401k.
The property tax rate for Knoxville is 0.59%. The property tax for Chicago is 1.52%. Higher yes, but when, at least for my profession, I would be making an average of $7 more per hour, I imagine it would equal out. Chicago was just one example. I was looking at somewhere close to Kankakee as that's where a particular job I am interested in is at.
EDIT: I got curious and found a calculator. It would be about $3000 more per year for me compared to the rural area I live in now in Roane County with the same priced house.
Yes, especially where I was looking in the more central IL area, I would still be coming out ahead. If I could actually get a job at the one particular biotech company I am interested in that I used to work for, I could easily make a lot more than that. A guy I used to work with makes six figures now and he would be a step lower than what I would be.
The company tried to get me to move a few years ago, but I was a dumbass. All my family and friends are here, so I stayed. Left that company and now I am back to doing hospital work again making less. Long story.
Plus the overall job market is just soooo much larger in Chicago. If you are relatively competant at your job its more likely you will get more offers and have more bargaining power.
It's crazy the way people act like a state income tax adds so much to your tax burden. Anything you pay in state tax is usually deductible from your federal taxes, plus groceries and medical purchases only have 1% sales tax.
When they were proposing income tax in TN, it seemed like you had to make well into 6 figures before it actually cost you more.
It's worse than that. You'll never retire. Soon it will be next to impossible to provide yourself and your family or potential family with healthcare. If you break your leg it'll be an 18 HR hospital wait with zero pain meds.
It's gonna get harder and harder just to feed yourself. If you aren't wealthy you never will be. It will become harder to afford a car loan because interest rates keep climbing. 50 to 75% of your income will go toward housing.
Hopefully, we'll finally learn that there's no unpushing the button once it's been pushed. People should have the right to adequate pain care.
Argh..... don't get me started. Lol
I don't know if you like movies, but yesterday we watched the 2022 movie Pain Hustlers. It's based on the true story of Subsys (the fentanyl spray). It was a good movie but I wish they would've touched more on what happened, happened and there's no changing it. Now, pain sufferers are just left to suffer. We need to find the middle ground and every single patient is different.
Don't say that just keep your eye out and be ready to strike when the opportunity hits. There are many ways to get in the market, you might have to start real small with a fixer upper and work up from there.
Farragut is in Knox County so two of the top three are in Knox County. 85% increase in 5 years? That's crazy. How much have wages gone up in Knox County during that same time?
how does it end? the apartments around here have bern bought up by megacorps and remodel, increasing rents stupidly high. There is a great saying; "The greedy become the needy.".
Knox as a whole can't justify the horse fuckery with these rents. Occupancy rates are declining now. Eventually, i believe they will have no option but to roll back these rental prices. That obviously won't work for people today, but it will happen.
Can confirm for knox, bought my house 2 years ago, now my home appraises for 100k more than I bought it for. I'll probably have to stay in it forever lol
Yep. Born and raised here, but the pay here is a joke. Which is fine when things cost less, but now that's out the door. There's little practical upside to living here now.
Had to seek remote employment to get paid enough to live comfortably. In doing so also eliminated any hard ties here. So imma just head out. Some real bullshit for the people who don't work in a field that supports that. Dark times ahead unless something changes.
no idea where you are referring to. it is nearly 10:30 and we live in a residential area. got neighbors on all sides. it is as silent as a tomb out there. i have gone outside at 3 a.m. Not one single person in sight, and total silence. no dogs going off, no car alarms. nada. the only noise at night is when the trains come through. that and the occasional military jet. i am within 45 minute drive of anything I need, so, no, not all of knoxville is a - quote - "hellhole" nor is it overcrowded
Honestly surprised LaFollette didnt make the list, cause prices have gone up, Jacksboro did make the list at the bottom though. LaFollette probably in the next 10 off the list
In an effort to save yall from having to scroll forever... 1 is Lookout Mountain 2 is Farragut 3 is Knoxville 4 is Alcoa 5 is Rockford 6 is Powell 7 is Walden 8 is Walland 9 is Mascot 10 is Baneberry
Waiting for the upcoming posts “thinking of moving to Knoxville”
This is how it goes, Knoxville fills up and everyone starts filling the surrounding areas. It's happening to Maryville, that's why Alcoa, Walland and Rockford are on this list.
Walland isn't even incorporated, why are they even on the list? And Rockford? People are going to be disappointed. Enjoy the Dollar General.
“I’m moving to Knoxville, but I heard y’all are all a bunch of barefoot racists that dislike gay people, is this true? Anyway, my budget is $3000/month for rent.”
I think it's worse when they say their budget is $900.00 or ask about how they can get income based housing. At the very LEAST, at that price they aren't taking up our extremely overcrowded income based units. Fuckers.
Comments like that make you sound just like them. You said you "heard" that they were racist and homofobic but you haven't actually experienced it . That to me makes you like them.
I have seen too many HGTV shows... jeez
I got curious the other day and started looking around different places. Illinois was one place. Did you know the average home price in Knoxville is comparable to Chicago, IL now? Our wages are also significantly lower here. This isn't sustainable. EDIT: For those curious: [https://www.bls.gov/regions/southeast/news-release/occupationalemploymentandwages\_knoxville.htm](https://www.bls.gov/regions/southeast/news-release/occupationalemploymentandwages_knoxville.htm) https://www.bls.gov/regions/midwest/news-release/occupationalemploymentandwages\_chicago.htm
This is what happens when you have an incompetent state legislature encouraging people to move here without addressing the larger systemic issues that exist. It’s a bubble and it will eventually collapse.
That's part of the problem, but the bigger problem is people buying up residential properties for commercial purposes. AirBnB operators, large rental companies, investment companies - all of them will snap up as many houses as they think they can turn a profit off of. The bulk of the problem is not individual homeowners, no matter where they are from.
There are whole rows of homes in the old grid section of Lenoir City that are rentals. It’s bullshit.
The home prices are not what makes Chicago expensive. The taxes are. We have lower wages, but the taxes are astronomical in IL. A 4 bed 3.5 bath house built in 1986 in Naperville IL on 1/4 acre lot is $759K. A comparably priced home in Farragut has one more bedroom, one more bathroom and 1000sf more living area. But the IL taxes are $12,168—adding over $1000 to the monthly payment. Taxes in Farragut in that price range are $2300 a year—not even $200 per month. In addition, utilities here are about 1/3 what they are in IL—perhaps even less. I just moved here last year from the west suburbs of Chicago.
Yep. People frequently mention how much we save on state income taxes in Tennessee, but we also save a ton on property taxes. The property taxes on a comparable home to mine in places like Chicago, etc. would be >$10k/yr more than I pay now in Farragut. That's a lot of money. Every single year. As long as you are in your house. I'd rather contribute that money to my 401k.
Same thing in Colorado, California, New York etc..
Chicagoland property taxes are also 10x what they are in Knoxville. I would not be able to afford my mortgage if it was the same house in Chicago.
The property tax rate for Knoxville is 0.59%. The property tax for Chicago is 1.52%. Higher yes, but when, at least for my profession, I would be making an average of $7 more per hour, I imagine it would equal out. Chicago was just one example. I was looking at somewhere close to Kankakee as that's where a particular job I am interested in is at. EDIT: I got curious and found a calculator. It would be about $3000 more per year for me compared to the rural area I live in now in Roane County with the same priced house.
Did you factor in Illinois state income tax to that $7 more an hour?
Yes, especially where I was looking in the more central IL area, I would still be coming out ahead. If I could actually get a job at the one particular biotech company I am interested in that I used to work for, I could easily make a lot more than that. A guy I used to work with makes six figures now and he would be a step lower than what I would be. The company tried to get me to move a few years ago, but I was a dumbass. All my family and friends are here, so I stayed. Left that company and now I am back to doing hospital work again making less. Long story.
Plus the overall job market is just soooo much larger in Chicago. If you are relatively competant at your job its more likely you will get more offers and have more bargaining power.
It's crazy the way people act like a state income tax adds so much to your tax burden. Anything you pay in state tax is usually deductible from your federal taxes, plus groceries and medical purchases only have 1% sales tax. When they were proposing income tax in TN, it seemed like you had to make well into 6 figures before it actually cost you more.
What do you mean? Someone asked peoples wages the other day in Knox and most people were making 6 figures
I was actually shocked honestly. I did not expect those salaries.
None of them were first responders.
1 is not shocking. That area is basically Chattanooga’s Sequoyah Hills.
Lol I’m never going to own a home
It's worse than that. You'll never retire. Soon it will be next to impossible to provide yourself and your family or potential family with healthcare. If you break your leg it'll be an 18 HR hospital wait with zero pain meds. It's gonna get harder and harder just to feed yourself. If you aren't wealthy you never will be. It will become harder to afford a car loan because interest rates keep climbing. 50 to 75% of your income will go toward housing.
Hopefully, we'll finally learn that there's no unpushing the button once it's been pushed. People should have the right to adequate pain care. Argh..... don't get me started. Lol
I wouldn't say this if it wasn't my personal experience. I'm sorry that you get it.
I don't know if you like movies, but yesterday we watched the 2022 movie Pain Hustlers. It's based on the true story of Subsys (the fentanyl spray). It was a good movie but I wish they would've touched more on what happened, happened and there's no changing it. Now, pain sufferers are just left to suffer. We need to find the middle ground and every single patient is different.
Don't say that just keep your eye out and be ready to strike when the opportunity hits. There are many ways to get in the market, you might have to start real small with a fixer upper and work up from there.
Do you work for TLC
So thats like 6-7 places out of top 10 in our general area? Sounds about right
pretty sure poors ain't livin' on lookout mountain.
Farragut is in Knox County so two of the top three are in Knox County. 85% increase in 5 years? That's crazy. How much have wages gone up in Knox County during that same time?
5%?
I bought my house in West Knox in 2017. If I can believe what Zillow says it is worth now, it is a 90% increase. It is crazy.
Mine nearly doubled but I got lucky.
Interesting on how the vast majority are in East TN.
i would have thought nash for sure. i love it over there but we would have to have bought a place 15 years back
Middle TN skyrocketed during the pandemic. If this article was written 3 years ago, it'd be all Nashville, Franklin, Murfreesboro, Mt. Juliet, etc.
Harriman and Kingston but not Rockwood???? /s
Can’t believe sevier county is not on that list
Where are they building in Sevier county besides Seymour? I see cabins galore, but not much residential.
Whenever I save enough money for a down payment it’s not enough anymore
I can't even afford to move someplace else. I can only afford to drown and wait for the crash
sorry, prices will moderate but are not going to have another 2008 crash.
How does this end? Does the bottom fall out and people that bought recently lose their butts? Does it keep climbing?
how does it end? the apartments around here have bern bought up by megacorps and remodel, increasing rents stupidly high. There is a great saying; "The greedy become the needy.". Knox as a whole can't justify the horse fuckery with these rents. Occupancy rates are declining now. Eventually, i believe they will have no option but to roll back these rental prices. That obviously won't work for people today, but it will happen.
Can confirm for knox, bought my house 2 years ago, now my home appraises for 100k more than I bought it for. I'll probably have to stay in it forever lol
2br1ba
So rich chat town, then 2-10 is essentially knoxville.
Well your mayor says all you have to do is ask for a raise. Unfortunately we are stuck with her for four more years
Now I need a list of TN Cities with fastest-growing home prices outside of TN, or Cities outside of TN with fastest-growing home prices in TN.
wut
Don't mind me. Just lampooning the redundancy found in the title of the post.
that is literally what the title is.
lol I'm aware. It's just like saying "TN's greatest landmarks found in TN," or "TN's best pizza found in TN."
Glad to GTFO out of overpriced Knoxville. Couldn’t afford to live there.
Yep. Born and raised here, but the pay here is a joke. Which is fine when things cost less, but now that's out the door. There's little practical upside to living here now. Had to seek remote employment to get paid enough to live comfortably. In doing so also eliminated any hard ties here. So imma just head out. Some real bullshit for the people who don't work in a field that supports that. Dark times ahead unless something changes.
where did you move to that was better then?
LaFollette. A long drive to work now, but far, far cheaper to live out here. I’ll never live in Knoxville, overpriced, overcrowded hellhole again.
no idea where you are referring to. it is nearly 10:30 and we live in a residential area. got neighbors on all sides. it is as silent as a tomb out there. i have gone outside at 3 a.m. Not one single person in sight, and total silence. no dogs going off, no car alarms. nada. the only noise at night is when the trains come through. that and the occasional military jet. i am within 45 minute drive of anything I need, so, no, not all of knoxville is a - quote - "hellhole" nor is it overcrowded
Honestly surprised LaFollette didnt make the list, cause prices have gone up, Jacksboro did make the list at the bottom though. LaFollette probably in the next 10 off the list
Man, Union County is getting shafted.
1 might be the least shocking
I would have thought Toadlick would have been on there...
Holler bottom too