20 Best U.S. Suburbs For Your Happy Retirement

You don’t have to spend a fortune to be a happy retiree. This article will provide you the best suburbs for retirement based on a number of factors, including cost-of-living comparisons, median home prices and property tax rates.

The best retirement destination states are Arizona and Florida where the weather is warm and living costs are lower. Also, you will be surprised to see some states on this article.

Check them out for more information and start to see our world through photos!

20. PERRYVILLE, MARYLAND

Percentage of households collecting Social Security: 30.3 percent
Median home listing price: $207,700

Amenities in the historic town of Perryville include an outlet center and a community park. Of the suburbs included in this study, Perryville has the smallest percentage of households that collect Social Security. Perryville also has the lowest average annual income among households receiving Social Security income, at $16,041.

On the plus side, the cost of living in this Baltimore suburb is near the middle compared to other suburbs on this list. If you prefer to live in the city itself, Baltimore is one of the cities where your retirement nest egg will stretch the furthest.

19. BLUE BELL, PENNSYLVANIA

Percentage of households collecting Social Security: 39.6 percent
Median home listing price: $449,000

Blue Bell is a Philadelphia suburb with about 2,500 households. The area received high livability scores from Area Vibes for its low crime rates and stable housing market, both of which make it a good choice for retirees. But living there does come at a relatively high price.

Home prices are the third-highest of all the suburbs included in this study, and Blue Bell has the highest cost of living as well. The cost to retire comfortably in Pennsylvania is about $51,000 a year.

18. LINCOLN, CALIFORNIA

Percentage of households collecting Social Security: 48 percent
Median home listing price: $462,000

Downtown Lincoln is a hub for arts and entertainment, dining, shopping and more. The Sacramento suburb has the second-highest home prices and the second-highest cost of living compared to other suburbs included in this study, because home prices in California are always high. On the plus side, the average income for Lincoln households with retirement income is on the higher end at $36,237 a year.

17. PARKWOOD, WASHINGTON

Percentage of households collecting Social Security: 40.2 percent
Median home listing price: $299,000

The Seattle suburb of Parkwood has just more than 2,500 households. The property tax rate is 1.039 percent. Although the cost of living in Parkwood is about 10 percent higher than the national average, it’s much more affordable to live there than in the Seattle metro area, where the cost of living is 76.5 percent higher than the national average.

16. GARDEN RIDGE, TEXAS

Percentage of households collecting Social Security: 35.1 percent
Median home listing price: $470,000

Garden Ridge is a small, close-knit community located outside of San Antonio. The Texas suburb has the highest median home price of the suburbs included in the study, but it also has the third-highest average yearly income of households with retirement income at $43,077. Garden Ridge is ideal for retirees looking for a small-town feel. With only 1,372 households, it’s one of the least-populated suburbs in this study.

15. SAPPINGTON, MISSOURI

Percentage of households collecting Social Security: 47.6 percent
Median home listing price: $289,900

Sappington is a St. Louis suburb that’s home to just shy of 3,300 households. It has the third-highest property tax rate of all the suburbs included in this study, with a rate of 1.406 percent. On the plus side, the cost of living is about average, so retirees in good financial standing should be able to live comfortably in Sappington.

14. FORT WASHINGTON, MARYLAND

Percentage of households collecting Social Security: 37.7 percent
Median home listing price: $322,450

Housing in Fort Washington is much more affordable than in its neighboring urban center, Washington, D.C., where the median home price is $553,600 and it’s tough for anyone to be able to buy. The cost of living is also 40 percent less in Fort Washington than in the nation’s capital. Retirees who love to golf are in luck — Fort Washington is home to the National Golf Club, the east coast’s only Ted Robinson Signature Course.

13. LAGUNA WOODS, CALIFORNIA

Percentage of households collecting Social Security: 82.6 percent
Median home listing price: $329,000

The heart of Laguna Woods is Laguna Woods Village, an active lifestyle community for people 55 and older located outside of Los Angeles. The retirement village is located only 10 minutes from the Laguna Beach coastline and has a variety of amenities, including golf courses, tennis courts and an equestrian center.

Laguna Woods has one of the lowest property tax rates compared to other suburbs in this study, at 0.715 percent. Although the cost of living in Laguna Woods is about 30 percent higher than the national average, it’s still around 36 percent less than the cost of living in L.A.

12. MESQUITE, NEVADA

Percentage of households collecting Social Security: 58.4 percent
Median home listing price: $275,000

Retirees can find plenty to do in Mesquite, which has casinos, golf courses, entertainment venues and outdoor attractions in the Virgin River Valley. This town, an hour and 15 minutes away from Las Vegas, has about 7,400 households and a property tax rate of 0.966 percent. The cost of living in Mesquite is slightly above the national average but lower than the cost of living in Las Vegas.

11. LADY LAKE, FLORIDA

Percentage of households collecting Social Security: 67.4 percent
Median home listing price: $229,450

The picturesque town of Lady Lake features oak tree-lined streets, orange grove-covered hillsides and scenic lakes. The Orlando suburb has about 7,200 households and a cost of living that’s just slightly above the national average. The property tax rate in Lady Lake is 1.116 percent.

10. OLYMPIA FIELDS, ILLINOIS

Percentage of households collecting Social Security: 51.7 percent
Median home listing price: $185,000

The village of Olympia Fields is home to the Olympia Fields Country Club, unique architecture, convenient public transportation access and more than 140 acres of parkland. Homes are pretty affordable in this Chicago suburb, but its 2.009 percent property tax rate is the highest of all the suburbs included in this study.

Compared to other suburbs in the study, however, Olympia Fields has the highest average income among households with retirement income at $49,963 a year.

9. BERMUDA RUN, NORTH CAROLINA

Percentage of households collecting Social Security: 55.4 percent
Median home listing price: $167,450

Bermuda Run offers a small-town atmosphere just minutes away from Winston-Salem. The suburban town is home to golf courses, vineyards and a minor league baseball team, all of which can help make retirement life more entertaining. Bermuda Run also boasts affordable housing, with the second-lowest median home price of all the suburbs included in this study and the fourth-lowest property tax rate at 0.718 percent.

8. DENNIS, MASSACHUSETTS

Percentage of households collecting Social Security: 59.1 percent
Median home listing price: $362,400

The New England town of Dennis is home to scenic historic districts, beaches and recreation trails. It’s the smallest suburb included in this study, with fewer than 1,200 households. Although home prices are on the high side compared with other suburbs in this study, taxes are comparatively low, with a property tax rate of only 0.766 percent.

7. PLANTATION, FLORIDA

Percentage of households collecting Social Security: 77.2 percent
Median home listing price: $329,250

Plantation is home to tree-lined streets, multiple recreation facilities and a vibrant business community. The Miami suburb blends an urban environment with a hometown lifestyle and offers numerous amenities, including golf courses, parks, shopping and a public library.

Plantation has about 2,700 households, and the property tax rate is 1.336 percent. The cost of living in Plantation is slightly below the cost of living in Miami, so it could be a good alternative for retirees hoping to plant roots in South Florida.

6. PECAN PLANTATION, TEXAS

Percentage of households collecting Social Security: 61.7 percent
Median home listing price: $279,900

The gated residential community of Pecan Plantation gets its name from the thousands of mature pecan trees that populate this Dallas suburb. The community features country club amenities, parks, a commercial center and access to Lake Granbury and the Brazos River.

There are about 2,500 households in Pecan Plantation and the property tax rate is 1.194 percent. The cost of living in Pecan Plantation is below the national average, so retirement dollars will stretch further there than in most places.

5. SUN CITY, ARIZONA

Percentage of households collecting Social Security: 85.2 percent
Median home listing price: $169,900

Sun City is a 55+ active adult community that was founded more than 50 years ago. Sun City calls itself “The Original Fun City” and offers amenities such as golf courses, a fitness center and fitness classes, aquatic facilities and easy access to national parks and monuments.

The Phoenix suburb is the largest of all the suburbs included in this study, with more than 23,000 households. The property tax rate in Sun City is 0.802 percent.

4. FAIRFIELD HARBOUR, NORTH CAROLINA

Percentage of households collecting Social Security: 68.4 percent
Median home listing price: $189,900

Fairfield Harbour is a gated retirement and resort community ideal for boating and golf enthusiasts. It’s located a short drive from the coast and just across the river from New Bern, N.C., which has its own vibrant culture, music and arts scene. Fairfield Harbour is an affordable living option for retirees, with the third-cheapest homes of the suburbs included in the study and the second-lowest property tax rate at 0.713 percent.

3. SUNSET BEACH, NORTH CAROLINA

Percentage of households collecting Social Security: 77.4 percent
Median home listing price: $324,900

Sunset Beach is located on the Brunswick Islands and was named one of the 21 best beaches in the world by National Geographic. The beach town is home to multiple golf courses, museums, nature preserves, fishing options, parks and other senior-friendly attractions. Of all the suburbs included in this study, Sunset Beach has the lowest property tax rate at 0.603 percent.

2. GREEN VALLEY, ARIZONA

Percentage of households collecting Social Security: 85.1 percent
Median home listing price: $198,990

Green Valley is a retirement community located in the lush hills of the Santa Cruz River Valley. In addition to teeing off on the numerous golf courses, residents can enjoy bird-watching and hiking trails. The Tuscon suburb is one of the larger suburbs included in this study, with more than 13,000 households. Green Valley has the third-lowest cost of living of the suburbs in this study, with costs about 4 percent below the national average.

1. TIMBER PINES, FLORIDA

Percentage of households collecting Social Security: 92 percent
Median home listing price: $159,900

Timber Pines is a private retirement community that boasts “Country Club Living for Active Adults.” The community has more than 3,400 homes and villas and features amenities such as golf courses, tennis courts, heated community pools and walking paths.

The Tampa suburb is the best suburb to retire in because it has the greatest percentage of households collecting Social Security income — which means lots of fellow retirees — as well as the lowest median home price and the lowest cost of living of all the suburbs included in this ranking. It also has one of the highest average household incomes among households, with annual Social Security income averaging $23,853.

 

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