Tennessee attracts nearly 64,000 new residents yearly due to no state income tax, a cost of living 10–15% below the national average, and a strong job market in healthcare, tech, and manufacturing. Outdoor access to the Great Smoky Mountains and affordable housing, especially in Memphis, are key draws. Downsides include high sales tax (9.61%), hot humid summers, limited public transit, traffic congestion in Nashville and Memphis, and varying school quality.