Money
What Your Dollar Buys in Spring Hill
Tennessee has no state income tax. That's the headline. If you're moving from a state that does, the savings are real. A family earning $250K saves roughly $21,500 a year coming from California — that's almost $1,800 a month back in your pocket.
Tennessee is one of 8 states with no income tax. Combined with moderate property tax rates, the total tax burden is significantly lower than most coastal states.
Property Tax: It Depends on Your County
Same city, different county rate. The Williamson side has a lower tax rate — but homes there cost $100-130K more. So your actual annual bill can end up similar. Here's what you'd pay on a $500K home:
On a $500K home. Rates as of 2025 assessment year.
Keep in mind: The median home on the Williamson side is ~$550K vs ~$420K on the Maury side. So while the Williamson tax rate is lower, you're paying it on a more expensive house. On a typical Williamson home at $550K, your bill is ~$2,800/yr. On a typical Maury home at $420K, it's ~$3,130/yr. The gap narrows a lot when you compare what people actually buy.
Cost of Living Index
National average = 100. Above 100 is more expensive, below is cheaper.
Center line = 100 (national average). Source: BestPlaces / Sperling's.
What $500K Gets You
Spring Hill (Williamson side): $500K is below the ~$550K median here. You're looking at a smaller or older home — maybe 1,800-2,200 sq ft, built 2005-2015, in an established subdivision. Competitive market with limited inventory.
Spring Hill (Maury side): $500K is above the ~$420K median. You get 2,200-2,800 sq ft, 3-4 bedrooms, 2-car garage, likely built after 2015. New construction is a real option here — several builders are actively selling in this range.
Franklin: $500K is well below Franklin's $800K+ median. You're looking at a condo or townhome, not a single-family home.
Nashville: 1,100-1,800 sq ft, older stock from the 70s-90s, smaller lot, likely needs updates. Or a newer condo/townhome in a developing area.