A journalist for upwards of five decades, I've written for Forbes since 1987. I cover personal finance, taxes, retirement, nonprofits, scandals and other topics that interest me. I also am the author of a novel, OFFSIDE: A Mystery. Email me at: [email protected] .
Forbes compared more than 800 locales in America on everything from housing costs and taxes to healthcare, air quality, crime and climate change and natural hazard risk. These are the top 25 cities for retirees.their two children in a century-old three-story, six-bedroom Prairie-style home near Lake Michigan in Milwaukee, Wisc. They knew they wanted to move someplace warmer and cheaper for retirement.
All but two of our 25 picks have home prices below the national median; Charlotte, N.C., at $399,000, and Virginia Beach, Va., at $398,000, are both 1% above. The cheapest locale, Augusta, Ga., has a median home price of just $172,000, 56% below the national median. The distribution is relatively divided between colder and warmer climates. In fact, the northernmost choice, Fargo, N.D. is the only city on the list for all 14 years of its existence. Pittsburgh, which also has frosty winters, is another of our perennial favorites—on the list for 11 of 14 years and for the seventh year in a row, despite its above-average crime rate.
Median home price $375,000, 5% below national U.S. median. High ratio of primary care doctors per capita. Good air quality. Serious crime rate below U.S. average. Somewhat walkable and bikeable. Good retiree tax climate. Commonwealth income tax can be taken as dollar-for-dollar credit on U.S. federal income tax returns. No commonwealth tax on Social Security.Median home price of $291,000, 26% below national median. High number of primary care doctors per capita. Good air quality.
Median home price of $359,000, 9% below national median. Low serious crime rate. Adequate number of primary care physicians per capita. No state income, estate or inheritance tax. Median home price of $320,000, 19% below national median. Outstanding ratio of primary care doctors per capita. Low serious crime rate. Very bikeable.Cold winters. State taxes Social Security as part of a progressive state income tax, which hits 9.85% for income above $321,450 for a couple.Gracious river city of 164,000, known for its preserved architecture and historic city squares, 30 miles inland from the Atlantic Ocean.
Best Retirement Places Las Cruces Taxes On Social Security State Income Taxes Housing Costs Taxes In Retirement Spokane State Estate Taxes Climate Change Risk
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