At Copper Petal, a fashionable boutique on walkable Franklin Street in the heart of downtown Clarksville, president Megan Baggett, 25, rests on a luxurious red sofa against an Instagram-ready black and white backdrop. Above the girl head are bright red terms “Community + Confidence.” Baggett, a Clarksville resident since she is half a year outdated, understands a thing or two about purchase a house within Tennessee city: she and her spouse Luke, who’s the third generation in a family group of Clarksville home contractors, not too long ago purchased their particular first house — as well as they’d to go quickly.
“The housing market simply insane at this time,” Baggett claims. “You can hardly even hold a house available on the market for longer than a week earlier offers.” To keep up with demand, she claims, their spouse is doing strengthening six different houses. The town of Clarksville covers a rather broad geographical place, possesses communities featuring several home: brand-new Craftsman-style, grand properties, duplexes, house buildings, and a lot more.
And, yes, you can actually be able to live in one of these.
Clarksville, Tennessee may possibly not be in your radar however, it should-be, therefore’s Money’s number 1 Best Place to Live in 2019. To all or any the millennials moving in, the town of approximately 160,000 everyone was someplace they may be able be able to plant down root. The common ages of a Clarksville citizen is only 29, nearly a decade younger than the condition of Tennessee as one. And guess what? They’re in fact purchase houses. Between May and July 2019, about one in every two Clarksville mortgages was actually closed by a millennial, according to Ellie Mae. That’s perhaps not shocking, ever since the ordinary Clarksville residence ended up selling for under $156,000 in 2018, based on Attom facts — that will be almost $100,000 below the U.S. median room costs in the same year.
“Everyone knows about bay area and Los Angeles and Boston and nyc,” states Kenneth Rosen, manager associated with the Fisher middle for Real house and city Economics at college of California, Berkeley. These locations tend to be popular, but they’re in addition overpriced and create a barrier that helps to keep aside novice homeowners.
“inside locations where individuals choose inhabit, the standard of existence matters a whole lot together with cost of homes issues loads,” Rosen says. That’s exactly why, as home values rise nationally — the average homes sold for $248,000 in 2018, upwards 5.5percent from year previous, per Attom information — millennials wish in alleged “secondary markets,” in says like Tennessee, Fl, and Colorado. “They’re thinking of moving areas where the price of construction are 1 / 2 as well as below the coastal metro avenues,” Rosen says.
That’s exactly why within year’s ideal spots to Live standing, we set out to come across places where affordability happens hand in hand with a high quality of lifetime. Whether you’re shopping for an urban area or city in which to buy your first room or intend on renting forever, the annual number is made to allow you to prosper and save in addition.
After crunching some 159,844 information things, 100 locations across the country made on their own named areas with exemplary work growth, assortment, and a best payday installment loans wealth of things you can do — all at a reasonable cost point.
And because places can often think intimidating, we introduced a new geography kind this current year, and thought about specific communities as well. (Fifteen communities produced our final number.) Look for more about all of our strategy here, and watch Money’s full ranking of the Best locations to reside in The usa.
But Clarksville endured out on the list of hundreds of locations we thought about.
Fifty miles northwest on the neon lighting of Nashville, it is a location where natural splendor coexists with an expanding economy, distinctive small businesses include flourishing, an inexpensive dinner out rarely costs significantly more than $12, and there’s always a trivia evening, community show or performance regarding diary.
Present near Kentucky’s Fort Campbell, one of the biggest army basics when you look at the U.S., Clarksville is definitely a beacon for servicemembers in addition to their groups. Above 68,000 retired military users name Clarksville home, per a Tennessee Department of business and Community Development report. Relating to local lore, Jimi Hendrix himself decided shortly in Clarksville after getting released from Fort Campbell, and had been a frequent musician in the downtown area organizations before moving to New York.
You’ll find a growing number of reasons to are now living in Clarksville outside the military. “We in fact have somebody enter probably 3 months back from Atlanta,” claims Baggett. “They had been looking to go right here and had no relationship right here. They Simply came and really liked it.”