Top 10 Retirement Hot Spots in the U.S.
Finding the perfect place to call home during your retirement years is an important decision. You want to keep an eye out for places that have a relatively low cost of living, reasonable tax situation, low crime rate, a fun and active downtown, great medical facilities, and a wide variety of activities guaranteed to keep you feeling great, according to USA Today. Here are 10 great U.S. cities that will make your retirement years even better.
1. Winchester, Virginia
“Spend hours wandering 250-year-old shady brick streets in its 45-block historic district, stopping in at the Old Court House, or checking out Gaunt’s Drug Store where Patsy Cline worked before heading for Nashville fame,” writes AARP. While this city is a great place for anyone who enjoys history, it’s also a great place for anyone who enjoys rural areas. There are plenty of apple and peach orchards and beautiful stone houses from the 18th and 19th centuries.
2. Raleigh, North Carolina
You can expect great weather and a solid economy in Raleigh, says The Huffington Post. Raleigh has a big city feel, yet maintains a low cost of living. The city also provides residents with a taste of all four seasons, but they’re milder than most — meaning you should be able to avoid a terrible winter. There’s a great restaurant scene, several music options (Red Hat Amphitheater and Duke Energy Center for the Performing Arts), and multiple art galleries.
3. Portland, Maine
This city offers a great urban environment filled with fun cultural opportunities. It’s balanced out by a ton of outdoor activities; Mackworth Island is only a quick drive away. There are also ocean beaches and great lakes, all within about 20 miles of Portland. According to AARP, this city also offers a vivacious restaurant scene for the foodies out there.
4. Pocatello, Idaho
You can expect the median home price to be $127,500, the median mortgage payment to be $487, and the median property tax to be $1,179, MarketWatch says. There is a state tax on exemptions but none on Social Security. Hoping to further pursue your education? Idaho State University offers classes called New Knowledge Adventures, which are open to those 50 and older and allow people to take unlimited classes for a reasonable fee.
5. Lexington, Kentucky
“Considering Lexington? It has great access to continuing education and affordable downtown housing,” writes The Huffington Post. There’s ample country charm, great galleries, beautiful boutiques, and delicious restaurants. The area is also perfect for sports fans — particularly basketball enthusiasts.
6. Daytona Beach, Florida
According to MarketWatch, there’s no state tax on Social Security or pensions here. The median home price is $108,900, the median mortgage payment is $416, and the median property tax is $1,161. For baseball fans hoping to see more of the sport in their retirement years, the Silver Sluggers Club is a great option. For $15, you get in free to some of the games where the Class A Daytona Cubs play.
7. Gainesville, Georgia
Southern charm, brick sidewalks, and great shopping are all part of beautiful Gainesville. Lake Lanier provides a great opportunity to take a boat out on the water for a leisurely day of relaxation. You can also water ski, jet ski, sail, row, kayak and canoe, AARP writes. It’s also a great place for golfers; the area provides 15 courses.
8. Greenville, South Carolina
Enjoy free admission to the Greenville County Museum of Art, relaxing trolley rides, or leisurely afternoons taking advantage of the free Wi-Fi offered in downtown Greenville. According to MarketWatch, the median home price is $127,600, the median mortgage payment is $487 and the median property tax is $753. As an added bonus, there are no state taxes on Social Security. There are state taxes on pensions, though.
9. St. Petersburg, Florida
“Can’t imagine retirement without a beach? In St. Petersberg, you can dip your toes in the Gulf of Mexico or Tampa Bay — plus play a round of golf, eat virtually any type of cuisine, and see famous art, all in a single day,” according to CNN Money. There are plenty of beaches, great art, and tons of sports teams to follow. It has made a nice oasis for plenty of others enjoying retirement; 39 percent of the population is over 50, and the median home price is $108,000.
10. Tulsa, Oklahoma
A small city, great art, and tons of green space are a few of Tulsa’s appealing qualities. According to AARP, the city offers 26 miles of paved cycling and walking trails, so it’ll be easy to stay active. Travelers also have easy access to Tulsa International Airport. Oh, and if you’re hoping to find a place filled with friendly people, Tulsa is known to be both warm and inviting.