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| The 10 Best Neighborhoods For Retirement |
Sangita Rousseau
01/23/2019
When it comes to living the lifestyle they
imagined, today’s retirees spend a lot of time worrying about how they
will afford their golden years. To that end, a new report by GOBankingRates determined the neighborhoods where they could stretch their dollars the furthest, without sacrificing their quality of life. The
personal finance website ranked the top spots for retirement — all in
or near major U.S. cities — based on median home prices, concentration
of other retirees, crime rate, weather and proximity to amenities such
as restaurants, shopping, coffee shops, public transportation, libraries
and parks. While half of the top spots are in Southern states
— and three are in retirement favorite Florida — there are a few
surprises, including two neighborhoods that are a stone’s throw from
Manhattan and one within the city of Boston. The spots at the very
top of the list offered the biggest bang for the buck without being too
far from downtown. That makes it possible for retirees to enjoy all the
benefits of living close to a major metropolis without sacrificing
their hard-earned savings. “The idea is that you can have city
amenities and still live in a neighborhood,†said Gabrielle Olya, a
senior writer at GoBankingRates. Here is the top 10: Location: Less than 10 miles outside of Boston Location: 200 miles outside of Dallas Location: 8 miles west of downtown Miami Location: Less than 20 miles south of Jacksonville Location: 30 miles north of Houston Location: Less than 13 miles from downtown Philadelphia Location: Within the city limits of Tampa Location: Less than 15 miles east of Manhattan Location: 59 miles north of Denver Location: Less than 10 miles north of Manhattan
City’s median listing price: $709,950
Neighborhood’s median listing price: $572,450
City’s median listing price: $385,000
Neighborhood’s median listing price: $169,900
City’s median listing price: $480,000
Neighborhood’s median listing price: $430,000
City’s median listing price: $210,000
Neighborhood’s median listing price: $185,000
City’s median listing price: $325,000
Neighborhood’s median listing price: $294,900
City’s median listing price: $214,900
Neighborhood’s median listing price: $174,900
City’s median listing price: $309,900
Neighborhood’s median listing price: $233,900
City’s median listing price: $825,000
Neighborhood’s median listing price: $495,000
City’s median listing price: $465,000
Neighborhood’s median listing price: $224,900
City’s median listing price: $825,000
Neighborhood’s median listing price: $360,000
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