At Copper Petal, a trendy boutique on walkable Franklin Street in the middle of downtown Clarksville, founder Megan Baggett, 25, rests on a plush green settee against an Instagram-ready monochrome backdrop. Above the woman head are the bright red statement “Community + Confidence.” Baggett, a Clarksville citizen since she had been six months old, understands anything or two about getting a property within Tennessee town: she and her partner Luke, who’s the next generation in a family of Clarksville residence designers, not too long ago purchased their unique first house — and even they’d to go fast.
“The housing industry is simply crazy today,” Baggett states. “You can barely also keep a property available on the market for extended than per week earlier deal.” To steadfastly keep up with requirements, she says, their husband try working on strengthening six various houses. The town of Clarksville addresses a relatively greater geographical place, and contains neighborhoods featuring several homes: brand new Craftsman-style, huge estates, duplexes, suite buildings, and more.
And, yes, you could manage to live-in one among them.
Clarksville, Tennessee might not be in your radar but, it ought to be, plus it’s Money’s No. 1 number 1 place to Live in 2019. To all the millennials moving in, the metropolis around 160,000 group are a place they could afford to grow down roots. The average age of a Clarksville homeowner is just 29, around a decade young compared to the condition of Tennessee as a whole. And guess what? They’re really getting houses. Between will and July 2019, about one in every two Clarksville mortgage loans was shut by a millennial, relating to Ellie Mae. That’s maybe not astonishing, since the typical Clarksville homes ended up selling for just under $156,000 in 2018, according to Attom Data — in fact it is almost $100,000 below the U.S. average homes rate in identical 12 months.
“Everyone is aware of san francisco bay area and Los Angeles and Boston and nyc,” states Kenneth Rosen, manager of the Fisher Center the real deal Estate and Urban Economics from the college of California, Berkeley. These places are popular, but they’re furthermore expensive and create a barrier that helps to keep away novice homebuyers.
“During The locations that group desire are now living in, the standard of lifetime matters alot in addition to cost of houses matters lots,” Rosen claims. That’s why, as home prices rise nationwide — an average homes marketed for $248,000 in 2018, up 5.5per cent through the season previous, according to Attom facts — millennials searching in alleged “secondary areas,” in states like Tennessee, Florida, and Colorado. “They’re moving to areas where in fact the cost of housing is actually 1 / 2 or even not as much as the seaside metro areas,” Rosen says.
That’s why contained in this year’s ideal areas to live on positioning, we attempted to select locations in which cost goes together with a high quality of lives. Whether you’re looking a town or area which to purchase your very first room or plan on renting indefinitely, our annual number is designed to support flourish and cut additionally.
After crunching some 159,844 data details, 100 stores in the united states generated by themselves known as locations with excellent tasks development, variety, and a great deal of activities to do — all at a reasonable cost point.
Also because places can frequently believe daunting, we released a location sort this current year, and regarded certain areas aswell. (Fifteen communities generated all of our last list.) Look for more and more all of our strategy here, to discover Money’s full standing of the finest areas to reside The usa.
But Clarksville stood out one of the hundreds of locations we considered.
Fifty kilometers northwest of this neon lights of Nashville, it is a place where charm coexists with a growing economic climate, unique small businesses tend to be thriving payday loans in Nebraska, an inexpensive dish out hardly ever spending more than $12, and there’s always a trivia night, community celebration or performance regarding the calendar.
Found near Kentucky’s Fort Campbell, one of the biggest armed forces bases inside U.S., Clarksville is definitely a beacon for servicemembers as well as their family members. Over 68,000 retired army users phone Clarksville residence, per a Tennessee division of business and area developing document. Relating to local lore, Jimi Hendrix himself satisfied briefly in Clarksville after are discharged from Fort Campbell, and ended up being a routine performer in downtown groups before relocating to nyc.
You will find progressively more reasons to inhabit Clarksville beyond the armed forces. “We in fact got anybody enter most likely three months in the past from Atlanta,” says Baggett. “They had been seeking move right here plus they didn’t come with hookup here. They just arrived and really preferred it.”
