The best places to retire are in the suburbs near a large metro area, according to a new analysis by GOBankingRates, a personal finance website. The cost of living may be higher near a big city, but a long list of nearby amenities makes these areas more livable when riding out your golden years, according to the analysis.
GOBankingRates analyzed the 18 largest cities in the nation to identify the neighborhoods that had a low median listing price, a high livability rating, and a high percentage of its population over the age of 65. Here are the 10 places that topped its list:
1. Spuyten Duyvil — New York
- Percentage of residents over 65: 28.1 percent
- Median list price: $365,000
- Percentage of residents over 65: 27.3 percent
- The median list price: $224,900
- Percentage of residents over 65: 18.7 percent
- Median list price: $495,000
- Percentage of residents over 65: 19.3 percent
- Median list price: $239,900
- Percentage of residents over 65: 26.3 percent
- Median list price: $174,900
- Percentage of residents over 65: 14.6 percent
- Median list price: $294,945
- Percentage of residents over 65: 15 percent
- Median list price: $185,000
- Percentage of residents over 65: 20.3 percent
- Median list price: $429,500
- Percentage of residents over 65: 15.4 percent
- Median list price: $169,900
- Percentage of residents over 65: 18.5 percent
- Median list price: $572,450
Source:
“Best Neighborhoods to Retire in Across America,” GoBankRatings (Dec. 4, 2018)