Chattanooga is a moderately-sized city located in the state of Tennessee. The city has a population of 175,462 people. Not a fan of sitting in traffic? One big advantage of living in Chattanooga is the reasonable commute times to work. With an average one way commute time of 19 minutes, getting to work is faster than the national average of 26 minutes.
Are you trying to figure out if living in Chattanooga is the right fit for your lifestyle? To ensure a good experience before relocating to any new city in Tennessee, you will probably want to make sure that you check all of the most important boxes. The best areas in Chattanooga and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, cost of living, you will see a detailed breakdown of the most important information as well as comparisons to the Tennessee and national averages.
Using data and statistics Chattanooga has received a livability score of 68/100. This score is ranked in the 54th percentile when compared to all other cities. Based on the scores for each individual category, Chattanooga has been rewarded with high marks for amenities (A+) and cost of living (B-). There are some categories that Chattanooga ranks poorly for, including: crime (F), education (D) and employment (D-). It might be worth taking a closer look to find out why.
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Chattanooga, there is no shortage of amazing local amenities and interesting things to do. Some of the interesting things to do and attractions include: Tennessee Aquarium, Ruby Falls, and Rock City.
Assuming that Chattanooga meets all of your requirements, the next most important item to examine is the affordability of real estate in Chattanooga. Everything else becomes a lot less important if it turns out that home prices in Chattanooga are simply unattainable. Median real estate prices in Chattanooga come in at $152,000, which is 4.1% higher than the Tennessee average. The home price to income ratio compares the median home prices to the median household income. In Chattanooga, the home price to income ratio is 3.7, which is 19.4% higher than the Tennessee average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Chattanooga area were 6.5% and 5 year appreciation rates were 7.3%.
|Signal Mountain, TN||79||7||8,500|
|Lookout Mountain, GA||77||6.2||1,754|