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Small Town
Ambiance and Lake Recreation Bring Retirees to
Paris, Tennessee
Cost of Living: Below
the National Average
Retirees are attracted to
tranquil Paris, Tennessee (population 9,800) for
a variety of reasons. This small southern
town is located in Henry County in the
northwestern portion of the state and just 15
miles from the sprawling (140,000 acres)
recreation area Land Between the Lakes, which as
the name implies, is situated between two large,
shimmering bodies of water, man-made Kentucky
Lake and Lake Barkley. Here residents
enjoy water skiing, picnicing, camping, fishing,
sailing, canoeing and motor boating while
surrounded by lush, wooded geography. Paris' cost-of-living is below the national
average, and the town has a healthy downtown and
an active senior population. In fact, 22%
of the residents are aged 45 to 64 and another
22% are aged 65 or above. More
below....
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Paris real estate is very affordable and
consists primarily of single-family homes within
city limits and homes and new condominiums on
Kentucky Lake. In town, 2 and 3 bedroom
homes, some located within newer subdivisions,
can be found for under $100,000, but inventory
opens up in the $125,000 range. In an
historic neighborhood, $181,000 will buy a
beautiful, completely restored 1941 Greek
Revival, Neo Classical, 2,400 square foot home
on a 1/2 acre large lot with mature trees.
$250,000 will fetch a lovely, brick, 3 bedroom,
3 bath home with 3,000 square feet, a great
room, a formal dining room, a finished basement,
a gazebo and a sun room.
On Kentucky Lake, where many
seniors opt to live, real estate is more
expensive but still not completely out of reach.
Pleasant Place is a new condominium development
at Buchanan Resort and Marina and offers a
community boat dock, a beach, tennis courts, a
restaurant and a clubhouse. Two
bedroom, two bath units with 1,150 square feet
start at around $170,000. Lots along the
Lake start at around $35,000, but the average
price seems to be roughly $85,000 for land with
a view of the water and $150,000 for lots that
actually touch water. Small
(650 square feet), rather ramshackle homes
slightly back from the Lake can be found for
around $60,000, but most houses start at closer
to $250,000 and rise significantly in price from
there.
Outside of town, individual
manufactured homes on 10 acres can be found for
$87,000. Paris also has five manufactured
home communities, including Lone Oak Village
Mobile Home Park (731-642-1930)
and McClains Mobile Home Park (731-642-9050).
For homes within
town limits, property is taxed at $36.50 per
$1,000 assessed value, and homes are assessed at
25% of market value. The tax on a $135,000
house within town is $1,231 per year.
On homes outside of city limits but within the
county, property is taxed at $24.40 per $1,000
assessed value, and homes are assessed at 25% of
home value. The tax on a $135,000 house in
the county but not within the city limits is
$823 per year.
The median
apartment rent in Paris is $350, but we were
unable to find any apartments for rent at this
writing.
Paris dates from 1823 and was
named after France's capital as a tribute to the
Marquis de Lafayette, the young French
aristocrat who fought with the Colonists against
the British during the American Revolutionary
War and who visited Tennessee in the early 1800s
(the town also boasts a 65 foot tall replica of
the Eiffel Tower). During the Civil
War, Confederate General Nathan Bedford Forrest
began an offensive against Union forces at
nearby Paris Landing, which today is known as
Paris Landing State Park, now another large
recreation area. In 1944, Lake Kentucky
was created and is the largest man-made lake in
the United States. It continues to
be a popular draw for vacationers and retirees
alike.
The Henry County Medical Center in Paris is
comprised of a 142-bed acute care hospital, the
174-bed Henry County Nursing Home, the Henry
County Home Health and Hospice and the county
Emergency Medical Service, giving Paris retirees
access to excellent health care, particularly
for a city of its size. A wide range
of specialties, including internal medicine,
general surgery, orthopedics, ophthalmology,
psychiatry, gastroenterology, cardiology,
pulmonology, oncology and emergency services,
are provided. The Medical Center is
accredited by the Joint Commission on
Accreditation for Healthcare Organizations
(JCAHO) and is a recipient of the Tennessee
Quality Award.
Active downtown Paris centers on
the faithfully refurbished, historic Henry
County Courthouse, the second oldest working
courthouse in the country. Around the
downtown square are restored, small department
stores, restaurants, banks and antique shops
that successfully compete with the large chain
stores in town, including Wal-Mart, thanks to
the local Downtown Merchants' Association.
This group wields quite a bit of clout and urges
storeowners to return their storefronts to their
original, late nineteenth-century appearance,
creating an inviting downtown where people
gather, shop, dine and enjoy the small-town
ambiance. For anyone seeking more
shopping opportunities or theater or blues clubs
or country music venues, Memphis is 130 miles to
the southwest and Nashville is 110 miles to the
east.
The Charles R. Conger Senior
Citizens Center (731-644-3193) is located on
Jones Bend Road and offers social and recreation
classes for those 55 and above. Paris is
home to one Catholic church and more than 100
Protestant churches, but it does not have a
synagogue. The churches provide an
opportunity for volunteering, but Paris' seniors
also volunteer through civic clubs, garden clubs
and the Arts Council. No public
transportation is available, so seniors will
need private transportation to get around town.
One of Paris' claims to fame,
since much of life here revolves around water,
is its hosting of the annual, weeklong festival
known as the "World's Largest Fish
Fry," in which 100,000 people from all over
the region come to consume large quantities of
bass and crappie, watch parades and attend car
shows while vendors sell all kinds of wares.
This region of the country has
four distinct seasons. January
temperatures average in the 30s and low 40s, and
July temperatures average in the 80s, with
humidity averaging in the 70% range. Paris
receives roughly 50-55 inches of rain per year
and about 10 inches of snow. The sun
shines 60% of the time. The area is
also prone to tornadoes.
This is a small town in a rural
state, which may be a drawback for some
people. It is not an affluent destination
and has a below-average per capita income
rating, but Paris does not suffer from the
blight that affects many small towns.
Single, senior women should note, too, that
roughly 45% of the population is male, and 55%
is female, which could lead to dating
challenges. Single, senior men may like
the odds. The crime rate in Paris is also
slightly higher than the national average; most
of this is attributable to thefts and
burglaries.
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