What are the top suburbs for retirement in 2015? As we reach our retirement age, one of the most pressing questions on everyone’s mind is where to live. As we are moving forward to a more quiet time in our lives, living in the big city might not always suit our needs and wishes. So where to turn to? The suburbs of course. But, as many of you might already know, not all suburbs are the same and they might not all be as suitable for retirement.
Following, we would like to present you with a list we have compiled of the top 10 suburbs for retirement in 2015, based on a report released by Forbes Magazine. Experts at Forbes analyzed a wide range of indicators in determining their rankings, from home values and distance from suburb to city center, to crime rates and proximity to health care facilities. Only suburbs with a population of over 5,000 were taken into account for the purposes of this countdown.
Is your retirement approaching and you would like to learn more about the best living choices you have at your disposal? Then this is the list for you. You may also consider checking out 10 cheapest places to retire abroad, cheapest places to live in South America, and best places to retire in Florida East Coast.
Here are the top 10 suburbs for retirement in 2015.
No. 10: Henderson, Nevada
Population: 266,000
Distance from city centre: 16 miles from Las Vegas
Average home price: $220,000
Cost of living: 4 points below national average
Pluses: low crime rate, good tax climate, local hospital
No. 9: Gilbert, Arizona
Population: 221,000
Distance from city centre: 22 miles from Phoenix
Average home price: $239,000
Cost of living: 7 points below national average
Pluses: three hospitals, very low crime rate, nearby rail services
No. 8: Gaithersburg, Maryland
Population: 63,000
Distance from city centre: 19 miles from Washington
Average home price: $270,000
Cost of living: 17 points above national average
Pluses: nearby hospital and college facilities, rush-hour rail service
No. 7: Fitchburg, Wisconsin
Population: 26,000
Distance from city centre: 5 miles from Madison
Average home price: $234,000
Cost of living: 1 point below the national average
Pluses: great mass transit, local hospital, and low unemployment rate
No. 6: East Grand Rapids, Michigan
Population: 11,000
Distance from city centre: 3 miles from Grand Rapids
Average home price: $328,000
Cost of living: 11 points below the national average
Pluses: low unemployment rates, easy access to hospital and college
No. 5: Eagen, Minnesota
Population: 65,000
Distance from city centre: 10 miles from Minneapolis
Average home price: $255,000
Cost of living: 15 points above national average
Pluses: strong local economy, easy access to facilities, local hospital, and low crime rates
No. 4: Doylestown, Pennsylvania
Population: 8,000
Distance from city centre: 22 miles from Philadelphia
Average home price: $280,000
Cost of living: 9 points above national average
Pluses: local hospital, low crime rate, and on-foot access to most facilities
No. 3: Cary, North Carolina
Population: 146,000
Distance from city centre: 9 miles from Raleigh
Average home price: $249,000
Cost of living: 4 points below national average
Pluses: low crime rate, local hospital, good air quality, and strong local economy
No. 2: Broomfield, Oregon
Population: 58,000
Distance from city centre: 13 miles from Denver
Average home price: $284,000
Cost of living: 7 points above national average
Pluses: strong local economy, very low crime rate, good air quality, nearby hospital
No. 1: Beaverton, Oregon
Population: 93,000
Distance from city centre: 9 miles from Portland
Average home price: $275,000
Cost of living: national average
Pluses: quality of air, good weather, rail line connection to downtown Portland, 5 miles away from the nearest hospital, and strong local economy
