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Tennessee isn’t just one state – it’s many. Anyone who’s ever visited can tell you that the misty hollows and rugged peaks of East Tennessee’s Blue Ridge Mountains are a world apart from the fertile valleys alongside the Tennessee River just 50 miles away. Middle Tennessee spreads across the Cumberland Plateau, the farthest southern reach of the Appalachians; while West Tennessee is bottomlands, bluffs and lakes. Tennessee Land for Sale is the bargain of a lifetime for anyone seeking to get the most out of their investment dollars.
Tennessee is most famous for country music and Jack Daniel’s. In 1875, Jasper Daniel – nicknamed Jack – opened his distillery in the town of Lynchburg; 135 years later, his whiskey is still one of the finest on the planet (though you can’t buy it in Lynchburg since the town’s situated in a dry county.) Though sales have dipped some from their mid 1990s peak, country music is still a $6.5 billion industry, and the Grand Ole Opry and Opryland in Nashville attract hundreds of thousands of visitors from around the world every year.
Nashville is the state capital, as well as the Mecca of country music. The city is also an important player in the healthcare industry. Over 250 health care corporations are headquartered in Nashville, including Hospital Corporation of America, the largest operator of for-profit hospitals in the world. Vanderbilt University Medical Center in Nashville is consistently ranked by U.S. News and World Report as one of the finest hospitals in the nation.
Memphis is Tennessee’s largest city and the corporate headquarters of FedEx which has turned the Memphis International Airport into the busiest cargo airfield in the world. Graceland, Elvis Presley’s Memphis mansion, is the second most visited house in America; and historic Beale Street was officially designated the Home of the Blues by an act of Congress.
At various times in its past, Knoxville has been dubbed “The Underwear Capital of the World” (for its many textile and clothing mills) and “The Marble City” (for the unique pink marble excavated from nearby quarries.) Today Knoxville is most famous for being the site of the University of Tennessee and the Women’s Basketball Hall of Fame.
Summers are hot and humid in Tennessee, and they seem to go on forever. Except at the very highest elevations, winters are quite mild. Heavy snows can fall on the mountains of East Tennessee but when extreme weather manifests in the rest of the state, ice storms are the norm. It rains a lot in Tennessee, and heavy rainfall has been known to cause severe flooding particularly along the rivers of Middle Tennessee.
Tennessee has suffered its fair share of woe in the recent economic downturn. The state has the 11th highest foreclosure rate in the nation, and in March 2010, according to a Gallup poll, fully 26% of Memphis citizens couldn’t afford to buy the food their families needed. In the early years of the recession, Tennessee’s unemployment rate was significantly higher than the nation’s as a whole but in recent months the two have been running neck and neck.
Tennessee does not have a state income tax; that coupled with a lenient regulatory stance on the part of state government makes Tennessee a great place for business. Memphis was rated as one best cities to launch a new business by Inc. Magazine, while Forbes Magazine ranked Knoxville in the Top Five – just behind New York and Los Angeles – for Business and Careers. Tennessee Land for Sale is a great investment for anyone who wants to make sure they’re in the right place to take full advantage of the economic recovery.