This article takes a look at the 5 best places to retire in Alabama. If you wish to read our detailed analysis of the investment landscape surrounding US retirement, you may go to 15 Best Places to Retire in Alabama.
5. Hoover
Insider Monkey Score: 86
Livability Score: 83
Cost of Living Index: 84
Median House Price: $450,000
Environmental Score: 57.5
Starting off our top five for the best places to retire in Alabama is the dual-county city of Hoover. Located in the counties of Shelby and Jefferson, Hoover is a rapidly growing suburb. Residents can explore the city’s golf courses, the Riverchase Galleria shopping center and the Moss Rock nature preserve. The cherry on top is the city’s relatively affordable cost of living at 16% below the national average.
4. Rainbow City
Insider Monkey Score: 90
Livability Score: 64
Cost of Living Index: 80.2
Median House Price: $277,450
Environmental Score: 66
Rainbow City in Etowah County is our next pick. With a small population of just over 10,000 residents, Rainbow City is the ideal location for senior citizens craving a peaceful and laid-back retirement. The city gets its name from the road that passes in between the city – the US Highway 411 called Rainbow Drive. Residents can catch live music at the Little Bridge Marina barbecue restaurant, purchase authentic finds at the Rainbow City International Market, and dive into the world of literature at the Rainbow City Public Library.
3. Northport
Insider Monkey Score: 90
Livability Score: 76
Cost of Living Index: 85.3
Median House Price: $285,000
Environmental Score: 62.5
Set in west central Alabama in the county of Tuscaloosa, Northport takes the next spot on our list. With a sparse suburban feel, senior citizens can get the best of both worlds – city life without feeling suffocated or overwhelmed. Retirees can also spend a peaceful and fulfilling life in Northport with a local farmer’s market on hand, a community center, an art gallery, and museums for them to explore, and basic necessities such as a hospital and grocery store located in the city.
2. Dothan
Insider Monkey Score: 92
Livability Score: 62
Cost of Living Index: 85.1
Median House Price: $225,000
Environmental Score: 73
The number two spot goes to the tri-county city of Dothan. Located in the counties of Houston, Henry, and Dale, Dothan is known as the ‘Peanut Capital of Alabama’ and is home to the annual National Peanut Festival. One of the bigger cities, senior citizens in Dothan can spend an active retirement. The city’s top spots include the Adventureland Theme Park, the Dothan Area Botanical Gardens, and the Folklore Brewing & Meadery.
1. Alexandria
Insider Monkey Score: 98
Livability Score: 70
Cost of Living Index: 81
Median House Price: $139,900
Environmental Score: 71.5
Alexandria, with its small population and quiet community, claims the first spot on our list of the best places to retire in Alabama. Alexandria offers residents a rural suburban setting which is perfect for older citizens who want to spend their Golden Years relaxing and away from the hubbub of the city. Despite its small size, residents can find several dining and takeout options here including Li’s Place, Ron’s Goode BBQ, and Cutter’s Pizzeria of Alexandria.
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