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From the breathtaking scenery to 12 of the country's premiere golf courses, Crossville and Cumberland County is "the best-kept secret in Tennessee."

Located in the triangle of the state's three major cities - Nashville, Knoxville and Chattanooga, visitors will find some of the region's best outlet shopping, antique shops and attractions. Crossville is also home to local wineries, museums, historical landmarks and the nationally known Cumberland County Playhouse, making it a popular destination for thousands of tourists and business professionals.

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Look what the FDIC is saying about Crossville:

FDIC Outlook Spring 2006

Affluent Mid-South suburbs have attracted baby boomers, and insured financial institutions have followed.

The Mid-South continues to be characterized by modest population growth, depopulation of the Mississippi Delta area, and a growing concentration of baby boomers in metropolitan areas. Overall population growth in the area has trailed the nation during the past 40 years. Since 1962, when the first baby boomers entered the workforce, the total population of the Mid-South grew 46 percent, compared with 60 percent for the nation. During the same period, nearly all counties in the Mississippi Delta declined in population as residents, including baby boomers, left the area in search of jobs and amenities in metropolitan areas, such as Memphis, Little Rock, and Jackson.12 Approximately 66 percent of the area's 4.2 million baby boomers now live in the Mid-South's metropolitan areas.

A few smaller Mid-South communities also are drawing these individuals as they retire. The baby boomer population of these "retirement havens," including Hot Springs, Arkansas, and Crossville, Tennessee, has grown in recent decades. A few other areas are now beginning to attract aging baby boomers, including communities near the Smokey Mountains, the Mississippi Gulf Coast, and college towns, such as Oxford, Mississippi. These communities share a number of desirable factors: a relatively low cost of living, affordable housing, favorable climate, cultural opportunities, and other amenities.13

Interesting distinctions among populations are now emerging in the Mid-South's metropolitan areas. Drilling down to the county level, our analysts found the demographic characteristics of suburban county households generally include higher income and rates of home ownership, more years of education, and a higher ratio of married couples to single individuals.14 Our analysis identifies 20 "affluent" counties that are home to significant numbers of residents who share these traits (see Table 2); these affluent counties are primarily suburban counties that have attracted an influx of relatively high-earning baby boomers from the urban core. As a result, these counties have experienced strong population growth. The Mid-South's median county population growth between 1995 and 2003 fell below 5 percent; however, median growth for affluent counties was 18 percent, including a disproportionate number of baby boomers.15

 

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