Winter is moderate, and snowfall is rare. These States Have the Highest Gas Tax in the U.S. Take Our Poll: Are You Concerned About the Safety of Your Money in Your Bank Accounts? Meanwhile, 18.55% of the population in this southern Oregon city is 65 or over, which puts Medford in the top 50 for this metric. Some seniors already have figured that out; the 65-and-older population is 13.35%. - Population: 12,978 (17% age 55-64 and 41% age 65+) A maximum of 10 towns from each state and towns with a population of fewer than 40,000 were considered for the rankings, which Niche calculated according to retiree representation, weather quality, cost and safety, access to healthy living, and a handful of other factors. There are also practical reasons to move to a small town upon retirement, including affordability, safety, wellness, culture, and comfort. Pennsylvania. Edgewood Wikimedia Commons Edgewood is located directly to the east of Pittsburgh, and thus offers quick and easy access to the city. - Median rent: $1,309 (24% rent). This city of 70,722 residents also has the 46th-lowest violent crime rate and the 46th-lowest property crime rate. - Population: 2,433 (19% age 55-64 and 33% age 65+) ", - Population: 25,544 (12% age 55-64 and 84% age 65+) - Population: 10,669 (20% age 55-64 and 40% age 65+) 10 Best Cities To Retire In Pennsylvania In 2023 - Retirable - Median home value: $1,194,200 (100% own) Perched on Lake Palestine in eastern Texas, Emerald Bay is a top spot in the state for retirees because of its small population (approximately 1,300 residents), rural feel, and affordable cost of living. - Median home value: $456,600 (95% own) Richmonds livability score of 88 and a cost of living almost 4% less than the national average landed the city in the No. Some ways to narrow down the list include moving closer to grandkids or settling in a vacation spot that has generated family memories over the years. Methodology: GOBankingRates determined the Southern city gems that could be perfect for retirees by compiling a list of the biggest Southern cities by population size, based on the U.S. Census Bureaus definition of the South region of the United States. In Georgetown, housing costs are 23.66% of the average retirement income, which puts this small Central Texas city of nearly 80,000 in the top 35 for this metric. One-Time Checkup with a Financial Advisor, Rent Increased by 30% or More This Year in Some U.S. Cities 2023 Study, Climbing the Income Ladder: How Taxes Impact Different Salaries 2023 Study, Compare Up to 3 Financial Advisors Near You. - Median rent: $1,232 (14% rent). Best Places to Raise a Family in Pennsylvania. City: Pocono. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. . You may also like: Best places to retire in America, - Population: 2,540 (17% age 55-64 and 24% age 65+) Thats almost 10% below the national average. Additionally, Central Arizona College in Coolidge offers personal enrichment classes, continuing education, and workshops for the community. Annual events are centered around arts and crafts. - Median home value: $1,017,100 (82% own) Offers may be subject to change without notice. (lower merion school district) and maintains a small town feel even though it borders the city. - Median household income: $38,490 The senior population is about 12.5%, perhaps drawn by its lower crime rate. These Pennsylvania retirement spots were selected based on a U.S. News analysis of the 125 largest metropolitan areas in the United. Olmos Park is surrounded by San Antonio, offering the community quick access to all the attractions found in the larger city. - Median rent: $1,250 (12% rent). Served by the Greenville-Spartanburg International Airport as well as Amtrak, the city is accessible and convenient to additional amenities in nearby Greenville. - Median household income: $187,569 - Population: 1,557 (14% age 55-64 and 36% age 65+) This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). To help retirees thinking about a move, Stacker referenced Niche's 2020 Best Places to Retire study, which lists 50 American small towns that offer the best retirement options. Report says Pennsylvania and Florida towns among top places to retire 8 Best Places to Live in Pennsylvania in 2023-2024 | U.S. News The favorable livability score helped Cape Coral to secure its place in the rankings. Please try again later. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. 8 Best Places to Live in Texas, According to Real Estate Experts, 10 Best States to Retire, According to Experts, 12 Best Places to Retire Around the World, This Michigan City Is One of the Best Places to Retire in the U.S. Here's Why, 8 Best Places to Live in Italy for a Better Quality of Life, 9 Best Places to Live in Colorado, According to Real Estate Experts, 8 of the Cheapest Countries to Retire Around the World, 11 of the Best Small Towns for Recent College Grads, The 12 Best Islands for Retirement, From the Caribbean to the Mediterranean, The 15 Best U.S. Small Towns for a Summer Vacation. - Median home value: $415,000 (89% own) SmartAsset does not review the ongoing performance of any Adviser, participate in the management of any users account by an Adviser or provide advice regarding specific investments. - Median home value: $944,700 (78% own) Residents are just minutes from Detroit and 30 miles from the Brighton Howell area, which has 123 miles of trails and 20 golf courses. - Median home value: $221,500 (88% own) Located in the foothills of the Green Mountains, Bristol's population is under 4,000 residents. Chevy Chase sits at the border of Maryland and the District of Columbia, just a few miles from the White House and the U.S. Capitol down Connecticut Avenue. It's a half-mile boardwalk along a saltwater estuary where residents can eat, listen to live music, shop, and enjoy recreational water activities. Pennsylvania is filled with great places to retire. Even better . The 10 Best Small Towns to Retire in the U.S. - Yahoo News There was an unknown error. New Hope, PA Its walkable downtown combines historical architecture and modern amenities including restaurants, wine bars, museums, galleries, shops, antique stores, and hotels. 2019's Best, Most Affordable Small Towns to Retire In - 55Places.com The Best Small Towns to Retire in the US - WorldAtlas Youngstown, Ohio benefits from housing costs that are relatively low. 11, and Lancaster soared to near the top of the list at No. The cost of living in Dillsboro is comparable to the national average. This community sits on the 25.4-mile barrier island of Bogue Banks, which is part of an area called the Crystal Coast for its white beaches and clear water. Best Places to Retire in Pennsylvania. When it comes to livability, though, Grand Prairie tops the list with a score of 92. - Population: 4,287 (19% age 55-64 and 25% age 65+) Best Small Cities for Retirement - 2021 Study - SmartAsset Retirees seeking true small town life, a historic setting, and year-round outdoor activities might enjoy Dillsboro; and when they need a change of pace, Asheville is less than an hour away. Set on the Gulf Coast with fewer than 900 residents, the town is considered quiet and relaxed. For a truly vintage touch, recycling is picked up by horse and wagon. You may also like: 50 Best Value Public Colleges in America. - Median home value: $272,400 (89% own) The small town enjoys a great perch from which to access the busier cities, as well: Chapel Hill is an hour-and-a-half away and Charlotte is two hours away. Nature lovers will appreciate the proximity of Cedar Keys National Wildlife Refuge, nature trails, and unspoiled environment. Hamilton is defined by its wide-open spaces and rural small-town feel with a strong community atmosphere, but the convenience and amenities of a bigger city are available in Missoula, about an hour's drive away. More than 13% of the population is 65 and over. Palm Valley is a veritable nature lover's paradise, with hiking and biking trails, the Harlingen Country Club, and the shores of the Gulf of Mexico. This is our tenth time ranking the best places to retire in Pennsylvania. - Population: 8,852 (15% age 55-64 and 31% age 65+) South Sarasota in Sarasota County is near Roberts Bay, home to Edwards Islands Park, a pair of islands perfect for beach days, boating, and fishing. Garden City is a prime spot for crabbing and fishing because of its access to the Atlantic Ocean and Murrells Inlet. The first of two Western cities in the top 10, Medford, Oregon has the third-lowest estimated senior tax burden (12.18%) and the fourth-most retirement communities per 10,000 residents (2.90). - Population: 3,874 (16% age 55-64 and 24% age 65+) Shared by Charlotte and Sarasota counties, Englewood's beaches are wide and uncrowded, making them popular spots for water activities and observing the many bird species that call this part of the state home. - Median rent: $1,433 (19% rent), This hilly, 4-square-mile patch of Texas is conveniently located near Austin's downtown and two Austin gems Zilker Metropolitan Park and Lady Bird Lake. - Population: 14,362 (20% age 55-64 and 27% age 65+) Cape Coral is attracting people 65 and older in drives as nearly one-fourth of the population is 65 and older the highest on the list. - Population: 1,343 (22% age 55-64 and 47% age 65+) You may also like: These Are the Best Places to Raise a Family in the U.S. - Population: 24,729 (20% age 55-64 and 38% age 65+) We looked at small towns with populations up to 100,000 residents that have been touted for their low cost of living, affordable housing, public safety, good-quality healthcare and low tax rates. Jupiter also has the eighth-highest percentage of residents 65 and over (24.15%) and an estimated senior tax burden of 14.51%, tied for 20th-lowest. - Median home value: $497,300 (99% own) The Southern California town also sponsors a number of sporting and cultural events, including the BNP Paribas Open, the tennis tournament. - Median household income: $82,081 With nearly 20 medical centers per 10,000 residents, this Orange County city ranks 13th for this metric. Retiring to life on the lake is one of the ultimate fantasies used to keep spirits up during those tiresome mid-life work weeks. Here's How Much Money Americans Need to Retire Comfortably | Money ", - Population: 20,902 (14% age 55-64 and 80% age 65+) - Median home value: $162,400 (59% own) That contributes to its livability score of 88, tied for second on the list. North Port, Florida has the studys highest percentage of residents who are 65 and older (32.42%). Advertiser Disclosure: Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. Last year, they said $1.25 million. The 11 Best small towns in Pennsylvania To Chill Out Allentown. Courtesy of Ardmore Rock 'N Ride. Some of the best cities are popular for younger adults entering the workforce, but soon-to-be retirees might be overlooking these hidden gems when searching for themost affordable cities to retire. But Philadelphians know their city as a green, welcoming, community-minded place. This is not an offer to buy or sell any security or interest. It has a senior population of just over 13%. The "best" is ultimately a matter of taste. Retirees looking to settle in North Carolina could consider Greensboro, where the cost of living is more than 17% below the national average. Many retirees look for that atmosphere, whether it recalls their own history or a long-imagined ideal place to settle down. Whether you prefer a location for its affordable housing or for its weather, you'll most likely find a great place to retire on this list of small towns. Copyright 2022 Travel + Leisure Co. All Rights Reserved. - Median rent: $1,000 (11% rent). 10 Great Small Towns to Retire - U.S. News - Median home value: $734,800 (85% own) Top 10 Best Places to Retire in Pennsylvania - SmartAsset In total, we analyzed 22 cities. Tampas annual expenditures of about $54,000 exceed the national average by 3.7%, making it considerably costlier to live there than in Tallahassee, its neighbor to the north. Initially built for entertainment, 480-some single-family homes within a private, gated community designed for gracious living emanate Southern charm. Meanwhile, this city of nearly 85,000 residents also has the 22nd-most medical centers per 10,000 residents (18.90), cementing its spot near the top of our rankings. All data compiled and is up to date as of June 13, 2023. Travel + Leisure is published by Meredith Corporation under license from Travel + Leisure Co. Suppose youre looking for a less expensive North Carolina destination than Durham. Garland is the safest city included on this list, with a rate of 10.56 crimes per 1,000 residents. The tight-knit island community was built along 500 acres of pristine natural beauty and prides itself as a perfect place for retirees thanks to its quiet and serene atmosphere. People in their 50s say $1.56 million the largest amount reported on average. Located on Floridas western coast, North Port has the studys 20th-lowest estimated senior tax burden (14.51%). Between Fort Pierce and West Palm Beach sits Jensen Beach, a vibrant community known for its major shopping centers, fine dining, and water sports. The small, lively town feels heavenly-remote, along with its pleasant climate, beaches galore, and other retiree-friendly features. - Median household income: $58,250 - Median home value: $1,516,200 (93% own) Each city was scored across multiple factors; [1] Safety scores (total crimes per 1,000 residents), sourced from NeighborhoodScout; [2] Percentage of seniors, sourced from the U.S. Census Bureau American Consumer Survey, [3] Livability scores, sourced from AreaVibes; [4] Annual expenditures of a person 65 years and over, based on the Bureau of Labor Statistics 2021 Consumer Expenditure Survey, which was multiplied by the cities overall cost of living, sourced from Sperlings BestPlaces. Best Small Towns for Retirees in America | Stacker How'd we determine the best places to retire in Pennsylvania? Yes, folks, Pennsylvania is one of 37 states that does not tax Social Security and one of nine states that does not have an income tax. - Population: 1,832 (14% age 55-64 and 18% age 65+) The population of a small town can vary from under 10,000 to several times that. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). Logansport Logansport, Indiana. - Median rent: $2,634 (3% rent). It's bicycle- and pedestrian-friendly, and Metro trains are a quick trip to downtown Washington D.C. - Population: 873 (14% age 55-64 and 29% age 65+) The much-beloved village of Carlsbad is a must-add to any list discussing the best beach towns in California. To see how your favorite places in the Quaker State compared, take a look at the list below; and if you don't see it there, head to the bottom. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. 1 of 1,307. Erie, while not exactly a small town, does have a population under 100,000 people, and more importantly, is one of the few places in the state that isn't landlocked. - Median rent: $1,071 (45% rent). - Median rent: $1,645 (11% rent). This south-central Arizona town set in the northern area of the Sonoran Desert, about 60 miles from Phoenix has a population of just over 14,700 residents. - Median home value: $554,100 (100% own) Chesapeake ranks better than Alexandria in cost of living, coming in almost $20,000 below the national average. Travel + Leisure magazine may receive compensation for some links to products and services on this website. Though South Kensington has its share of bars, restaurants, coffee shops, and parks, residents also have easy access to the sights, shops, and eateries of Washington D.C. and the surrounding areas. And where are Allentown and Erie? The town is home to the Emerald Bay Community, as well, which has an 18-hole golf course, clubhouse, and restaurant. Best Places to Live | Compare cost of living, crime, cities, schools and more. - Median household income: $50,945 Although not every town offers the ideal combination of these factors, there are many that meet the needs of retirees seeking a simpler life. Livability score: 79. - Population: 854 (23% age 55-64 and 62% age 65+) The great outdoor and indoor pursuits . - Median home value: $754,200 (89% own) When it comes to retiring in Texas, Palm Valley ranks among one of the best small towns because of its low crime, family atmosphere, warm weather, and relatively low cost of living. Data for all 32,900 zip codes in one easy-to-use Excel file. Still, it's interesting to find out that, yes, Fox Chapel is the richest small town in the state. Palm Coast, which is located on Floridas eastern coast between St. Augustine and Daytona Beach, has the 17th-lowest property crime rate and ties for 20th-lowest estimated senior tax burden (14.51%) of all 247 cities included in our study. 5. The Isle of Palms is one of the South Carolina Lowcountry barrier islands, with six miles of sugary beaches, wildlife, resorts, spas, golf, and restaurants. Average Retirement Savings: How Do You Compare?