Land Market Insights and Pricing in Tennessee

Tennessee captivates with its striking geographical diversity, from the majestic Blue Ridge Mountains to the fertile plains along the Mississippi River. The state is a spelunker's paradise, boasting over 10,000 documented caves - the most in the United States. Nature enthusiasts flock to the Great Smoky Mountains National Park, America's most visited national park, while outdoor adventurers can explore 56 state parks spanning 132,000 acres. Tennessee's financial landscape is equally appealing, with no state income tax on earned income, allowing residents to keep more of their hard-earned money. Property taxes are also favorable, with an effective rate of 0.55%, lower than most neighboring states and ranking 40th nationwide. For hunters, Stewart County offers prime opportunities with 44% of its land controlled by federal and state agencies, including the Cross Creeks National Wildlife Refuge. Home seekers should consider Shelby County, the state's largest, where median worker earnings of $40,777 slightly exceed the national average. Tennessee's agricultural sector thrives, ranking 4th in hay production (excluding alfalfa) and 8th in upland cotton production, contributing $696 million and $165 million to the economy respectively. With its natural wonders, tax advantages, and strong agricultural base, Tennessee presents a compelling case for land buyers and offers promising economic prospects.