Welcome from Tennessee. Hunting Man is right about that debate; it all boils down to personal preference. They both have +/- and it will depend on what you want out of the experience. If your goal is meat on the table I think the cross bow would get you there quicker. When the state of Tennessee allowed cross bows during regular archery season a lot of the guys I hunt with including my brothers switched to CB. I personally enjoy using my compound bow and will continue to use it as long as I am physically able.
Whichever you choose be prepared to put in a lot of practice, be patient and don't expect to score any time soon. As a new comer there will be a lot to learn before you get proficient. Unless you are blessed with the luck some newbie’s get it will take some trial and error.
About not having anyone to hunt with; if you become a hunter you will find friends that hunt.
Good luck and keep us posted on your progress.