 Anderson County and the metropolitan Knoxville area have received superlative ratings by research organizations, economic development publications and site consultants.
Awarded Five Star Status and "Best Metro for Business and Expansion"3rd place by Expansion Management Magazine.
Received “Best Place To Live in the United States and Canada Award” for areas with a population less than 1 million by Places Rated Almanac.
Ranked 5th best metro area in the United States by Forbes Magazine.
Ranked as the “Best Place in the United States” for recent college graduates by ERI Research Institute.
Housing Costs are 18% below the national average.
Residential electric rates are 22% below the national average.
Lowest individual tax burden in the United States.
No Tennessee Personal Income Tax on wages.
COST OF LIVING
The cost of living in the Anderson County and Knoxville MSA is 10% below the national average.
ACCRA Cost of Living Index for Selected US Cities, 2007 Average
City |
State |
Composite |
Knoxville |
TN |
87.0 |
| Columbia |
SC |
89.2 |
Memphis |
TN |
89.3 |
Charlotte |
NC |
89.7 |
Chattanooga |
TN |
89.9 |
Cincinnati |
OH |
90.4 |
Dallas |
TX |
91.2 |
| St. Louis |
MO |
91.5 |
Huntsville |
AL |
92.5 |
Nashville |
TN |
95.1 |
Montgomery |
AL |
95.5 |
Atlanta |
GA |
96.1 |
Columbus |
OH |
97.4 |
Louisville |
KY |
97.5 |
Detroit |
OH |
98.2 |
Lexington |
KY |
98.2 |
Cleveland |
OH |
98.9 |
Pittsburgh |
PA |
98.9 |
Rochester |
MN |
99.9 |
Grand Rapids |
MI |
102.5 |
Richmond |
VA |
106.4 |
Chicago |
IL |
110.3 |
Philadelphia |
PA |
123.5 |
Newark |
NJ |
126.4 |
Los Angeles |
CA |
144.6 |
New York |
NY |
212.8 |
Climate
Moderate climate with four distinct seasons.
Extended periods of extremely hot or cold are rare.
The average annual temperature: 57
The monthly average high temperature: Jan. 40 - July 93
The average low temperature: Jan. 27 - July 63
Average Annual Precipitation: 56”
Annual Average Snowfall: 11”
Prevailing winds: Southwest
Mean Length of Freeze Free Period(Days): 205
Elevation: 839’ above sea level
Healthcare
Health Care costs are 10% below the national average.
Area Hospitals
Methodist Medical Center of Oak Ridge
www.mmcoakridge.com
Baptist Hospital West
www.mercy.com
East Tennessee Children’s Hospital
www.etch.com
Parkwest Medical Center
www.yesparkwest.com
Fort Sanders Reg. Medical Center
www.fsregional.com
St. Mary’s Medical Center
www.mercy.com
Univ. of Tennessee Medical Center
www.utmedicalcenter.org
St. Mary's Medical Center North
www.mercy.com
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