Moving to Collierville, TN — what nobody tells you
Before you move to Collierville, here's what the real estate listings leave out. The stuff you learn after signing the lease.
Introduction to Collierville, TN
Collierville, TN is a charming suburb of Memphis, known for its historic downtown area, excellent schools, and family-friendly atmosphere. With a population of around 51,000 people, it's a popular choice for those looking to escape the hustle and bustle of city life. However, like any town, Collierville has its pros and cons, and it's essential to consider these factors before making a decision to move there.
Cost of Living
The cost of living in Collierville is relatively high compared to other parts of Tennessee. The median home price is around $340,000, with property taxes averaging 0.65% of the home's value. Renters can expect to pay around $1,200 per month for a one-bedroom apartment. Additionally, Tennessee has a sales tax rate of 7%, and Collierville has a local option sales tax of 2.25%, making the total sales tax rate 9.25%. While these costs may be a drawback for some, the town's excellent schools, low crime rate, and high quality of life may make it worth the extra expense for others.
Commute and Transportation
Collierville is located about 30 miles east of Memphis, making it a reasonable commute to the city for work or entertainment. The average commute time is around 30-40 minutes, depending on traffic. The town is also close to the Memphis International Airport, making it a convenient choice for frequent travelers. However, public transportation options are limited, and a car is necessary to get around. The town has a well-planned road network, with major roads like US-72 and TN-385 providing easy access to surrounding areas.
Types of People Who Suit Collierville
Collierville is an excellent choice for families with young children, thanks to its highly-rated schools and numerous parks and recreational facilities. The town is also suitable for retirees and empty nesters who want a quiet, peaceful lifestyle. Additionally, professionals who work in Memphis but want to escape the city's noise and crime may find Collierville an attractive option. However, young singles or those looking for a vibrant nightlife scene may find the town too quiet and suburban.
Tradeoffs
While Collierville offers many advantages, there are some tradeoffs to consider. The town's strict zoning laws and historic preservation efforts can make it difficult to find affordable housing or start a new business. Additionally, the town's growth and development have led to increased traffic and congestion, particularly during rush hour. The summer heat and humidity can also be oppressive, with temperatures often reaching over 100°F in July and August.
- Pros:
- Excellent schools and family-friendly atmosphere
- Low crime rate and safe community
- Convenient commute to Memphis and surrounding areas
- High quality of life and numerous recreational opportunities
- Cons:
- High cost of living and property taxes
- Limited public transportation options
- Strict zoning laws and historic preservation efforts can limit affordability and business opportunities
- Summer heat and humidity can be oppressive
Ultimately, whether or not Collierville is the right choice for you depends on your individual priorities and lifestyle. If you value a high quality of life, excellent schools, and a safe community, Collierville may be an excellent choice. However, if you're on a tight budget or prefer a more urban lifestyle, you may want to consider other options. For the full neighborhood report and more information on Collierville, TN, visit wouldyoulivethere.com to get a comprehensive look at the town's pros and cons and make an informed decision about your next move.