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True Cost of Groves Reserve

Wilson County, Mount Juliet — lowest HOA in the market — all-in annual breakdown

All-In Annual Cost — $430,000 Home, Primary Residence, Wilson County

ComponentMonthly (est.)Annual (est.)Notes
HOA~$120–$175/mo~$1,440–$2,100/yrLowest HOA in Mount Juliet 55+ market — verify current rate
Wilson County property tax (primary)~$197–$234/mo~$2,365–$2,795/yrSame county as Del Webb Lake Providence
Homeowners insurance~$125–$205/mo~$1,500–$2,460/yrMount Juliet inland
Utilities~$200–$300/mo~$2,400–$3,600/yrTVA rates
State income tax$0$0Tennessee — zero
Total Annual Housing Cost (ex-mortgage)~$7,705–$10,955/yr — lowest HOA-anchored cost in Mount Juliet
Wilson County freeze limit: $63,470. Same as Del Webb Lake Providence. The lower HOA at Groves Reserve ($120–$175 vs $185–$225 at Lake Providence) saves $600–$1,200/year — but the amenity footprint is correspondingly smaller.

The Tennessee Advantage: Zero Income Tax + Low Property Tax + Tax Freeze

Tennessee eliminated its Hall Tax in 2021 — zero state income tax on all income. Combined with property tax rates well below the national average and a county-level tax freeze for 65+ homeowners, the total annual tax burden for Nashville retirees is among the lowest of any major metro we cover. Compare to: Florida has zero income tax but adds CDD fees and higher insurance. Texas has zero income tax but property tax effective rates of 2–2.5%. New Jersey has income tax plus property taxes of 1.5–2.8%. Tennessee wins on the combined total in most scenarios.

Groves Reserve →TN Tax Freeze →TN vs FL vs TX Taxes →

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