Top Ten States to Retire in 2017
That includes nine places at or below $160,000: Bella Vista, Ark. ($160,000); Bethlehem, Pa. ($152,000); Clemson, S.C. ($129,000); Green Valley, Ariz. ($157,000); Jefferson City, Mo. ($138,000); Lincoln ($156,000); Maryville, Tenn. ($154,000); Port Charlotte, Fla. ($150,000) and Savannah, Ga. ($118,000).
But besides the nine states without a state income tax, 14 other states provide breaks to state income taxation of pension benefits to all retirees, regardless of their income: Alabama, Arkansas, Delaware, Georgia, Hawaii, Illinois, Iowa, Kentucky, Louisiana, Michigan, Mississippi, New York, Pennsylvania and South Carolina.
Tax Burden: At 9.3% the total state and local tax burden in Idaho for 2012 was average, 26th highest in the nation (the Tax Foundation). Marginal Income Tax Rates. The Idaho top marginal income tax rate ranges from 1.6% to 7.4%, which kicks in at just over $21,780 for couples. Retirement Income Exemptions.
The town of Brevard, North Carolina consistently ranks near the top of popular lists of “best retirement communities” and “best places to live, work, and play”. Located in southwestern North Carolina on the border with Georgia, Tennessee, and South Carolina, this small town is surrounded by the scenic Blue Ridge Mountains.
A small town environment along with a major university awaits those who choose Clemson, South Carolina as their retirement community. This town of 13,000 is nestled in the extreme Northwestern corner of South Carolina near the Georgia, North Carolina, and Tennessee borders.
Our review of Silver Sage , one of the country's first co-housing communities is definitely interesting. Colorado Springs, home of the U.S. Air Force Academy, has fantastic scenery with nearby Pikes Peak. Grand Junction and nearby Fruita on the center of Colorado's border with Utah frequently make the lists of best places to retire.
There are retirement communities and active adult communities to choose from in and around Fargo. The median selling price of a home in the 4th quarter of 2017, was $214,400, according to the National Association of Realtors.
25 Best Places To Retire In 2017 With the aging of the Baby Boomers, around four million Americans are retiring each year and several times that number are thinking about it.
Instead of heading to Florida, think of moving north in retirement. New Hampshire was named the best state for retirees this year in a new report from Bankrate. The report looked at eight factors: the cost of living, quality of accessible health care, crime rates, arts and culture, weather, taxes, senior citizens' well-being, and the prevalence of other seniors in the area.
25 Best Places To Retire In 2017 With the aging of the Baby Boomers, around four million Americans are retiring each year and several times that number are thinking about it.
The 5 Best States to Retire In 2017 Some states are more retirement-friendly than others, with low taxes, quality healthcare, ... South Dakota: Despite an above ...
Wyoming: Wyoming has no state income tax, and it also offers a property tax rebate to senior citizens aged 65 and older. However, low taxes aren't the only reason Wyoming is one of the best states to retire in.