Though one in 5 U.S. adults ages 50 or older has no retirement financial savings, those that have accrued a snug nest egg — which nearly all of American employees imagine to be at the very least $1.8 million — have some flexibility relating to the place they spend their golden years.
Greater than 338,000 U.S. residents retired to a brand new house in 2023, a 44% improve in comparison with 2022, in line with a report from on-line shifting providers market Rent A Helper.
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Nearly all of retirees relocating out of state opted for Florida (11%) and South Carolina (10%), per the info. Florida and different Southern states usually appeal to retirees with year-round heat climate and reasonably priced prices of dwelling.
Nonetheless, People with larger-than-average retirement accounts would possibly gravitate towards locations the place wealth and security are defining elements.
GoBankingRates got down to decide the wealthiest, most secure cities for retirees by analyzing knowledge from the U.S. Census American Group Survey, Sperling’s BestPlaces and the Bureau of Labor Statistics Shopper Expenditure Survey.
GoBankingRates solely included cities the place at the very least 25% of the inhabitants was aged 65 or older in its evaluation. Every metropolis’s livability rating was calculated from AreaVibes and the common single-family house worth from the Zillow Residence Worth Index for September 2024.
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The research discovered that Oro Valley, Arizona, ranks because the wealthiest, most secure retirement city, and that six further Arizona cities positioned within the prime 30: Prescott, Lake Havasu Metropolis, Scottsdale, Prescott Valley, Apache Junction and Bullhead Metropolis.
What’s extra, 12 of the wealthiest, most secure retirement cities are in California: Rancho Palos Verdes, Lincoln, Laguna Woods, Walnut Creek, Novato, La Quinta, Seal Seashore, Rancho Mirage, Cerritos, Banning, Palm Desert and Palm Springs.
Picture Credit score: Davel5957 | Getty Photos. Walnut Creek, California.
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Learn on to see GoBankingRate’s prime 30 most secure and wealthiest retirement cities within the U.S.:
1. Oro Valley, Arizona
- Violent crime per 1,000 residents: 0.57
- Property crime fee per 1,000 residents: 11.41
- Ages 65+ common retirement earnings: $52,098
- Single-family common house worth: $525,380
- Livability rating: 81
2. Pinehurst, North Carolina
- Violent crime per 1,000 residents: 0.43
- Property crime fee per 1,000 residents: 3.40
- Ages 65+ common retirement earnings: $50,351
- Single-family common house worth: $542,557
- Livability rating: 73
3. Bella Vista, Arkansas
- Violent crime per 1,000 residents: 1.48
- Property crime fee per 1,000 residents: 3.81
- Ages 65+ common retirement earnings: $32,209
- Single-family common house worth: $336,590
- Livability rating: 65
4. Rancho Palos Verdes, California
- Violent crime per 1,000 residents: 1.18
- Property crime fee per 1,000 residents: 8.48
- Ages 65+ common retirement earnings: $72,238
- Single-family common house worth: $1,913,039
- Livability rating: 58
5. Georgetown, Texas
- Violent crime per 1,000 residents: 1.59
- Property crime fee per 1,000 residents: 11.71
- Ages 65+ common retirement earnings: $46,886
- Single-family common house worth: $442,904
- Livability rating: 83
6. Centerville, Ohio
- Violent crime per 1,000 residents: 0.47
- Property crime fee per 1,000 residents: 14.01
- Ages 65+ common retirement earnings: $36,275
- Single-family common house worth: $329,817
- Livability rating: 84
7. Mesquite, Nevada
- Violent crime per 1,000 residents: 1.89
- Property crime fee per 1,000 residents: 11.97
- Ages 65+ common retirement earnings: $39,396
- Single-family common house worth: $406,306
- Livability rating: 76
8. Lincoln, California
- Violent crime per 1,000 residents: 1.43
- Property crime fee per 1,000 residents: 6.91
- Ages 65+ common retirement earnings: $47,966
- Single-family common house worth: $646,552
- Livability rating: 67
9. Prescott, Arizona
- Violent crime per 1,000 residents: 3.51
- Property crime fee per 1,000 residents: 14.42
- Ages 65+ common retirement earnings: $40,660
- Single-family common house worth: $614,569
- Livability rating: 72
10. Huntley, Illinois
- Violent crime per 1,000 residents: 0.42
- Property crime fee per 1,000 residents: 5.19
- Ages 65+ common retirement earnings: $30,962
- Single-family common house worth: $400,135
- Livability rating: 73
11. Aiken, South Carolina
- Violent crime per 1,000 residents: 3.22
- Property crime fee per 1,000 residents: 34.40
- Ages 65+ common retirement earnings: $40,311
- Single-family common house worth: $259,767
- Livability rating: 68
12. Fort Lee, New Jersey
- Violent crime per 1,000 residents: 1.06
- Property crime fee per 1,000 residents: 13.95
- Ages 65+ common retirement earnings: $47,944
- Single-family common house worth: $939,775
- Livability rating: 88
13. Lake Havasu Metropolis, Arizona
- Violent crime per 1,000 residents: 2.88
- Property crime fee per 1,000 residents: 12.32
- Ages 65+ common retirement earnings: $32,852
- Single-family common house worth: $488,313
- Livability rating: 63
14. Scottsdale, Arizona
- Violent crime per 1,000 residents: 1.66
- Property crime fee per 1,000 residents: 22.09
- Ages 65+ common retirement earnings: $45,771
- Single-family common house worth: $922,559
- Livability rating: 82
15. Laguna Woods, California
- Violent crime per 1,000 residents: 0.53
- Property crime fee per 1,000 residents: 5.42
- Ages 65+ common retirement earnings: $42,241
- Single-family common house worth: $481,924
- Livability rating: 73
16. Walnut Creek, California
- Violent crime per 1,000 residents: 2.94
- Property crime fee per 1,000 residents: 27.64
- Ages 65+ common retirement earnings: $52,918
- Single-family common house worth: $1,441,223
- Livability rating: 77
17. Prescott Valley, Arizona
- Violent crime per 1,000 residents: 2.61
- Property crime fee per 1,000 residents: 9.31
- Ages 65+ common retirement earnings: $30,927
- Single-family common house worth: $461,185
- Livability rating: 62
18. Novato, California
- Violent crime per 1,000 residents: 3.17
- Property crime fee per 1,000 residents: 16.78
- Ages 65+ common retirement earnings: $47,540
- Single-family common house worth: $1,190,655
- Livability rating: 71
19. La Quinta, California
- Violent crime per 1,000 residents: 1.83
- Property crime fee per 1,000 residents: 24.34
- Ages 65+ common retirement earnings: $50,039
- Single-family common house worth: $769,008
- Livability rating: 57
20. Seal Seashore, California
- Violent crime per 1,000 residents: 3.94
- Property crime fee per 1,000 residents: 27.02
- Ages 65+ common retirement earnings: $42,229
- Single-family common house worth: $1,491,445
- Livability rating: 61
21. Apache Junction, Arizona
- Violent crime per 1,000 residents: 5.06
- Property crime fee per 1,000 residents: 16.50
- Ages 65+ common retirement earnings: $30,211
- Single-family common house worth: $386,845
- Livability rating: 67
22. Rancho Mirage, California
- Violent crime per 1,000 residents: 2.73
- Property crime fee per 1,000 residents: 35.41
- Ages 65+ common retirement earnings: $61,573
- Single-family common house worth: $1,085,436
- Livability rating: 49
23. North Myrtle Seashore, South Carolina
- Violent crime per 1,000 residents: 4.48
- Property crime fee per 1,000 residents: 40.11
- Ages 65+ common retirement earnings: $40,259
- Single-family common house worth: $506,656
- Livability rating: 69
24. Cerritos, California
- Violent crime per 1,000 residents: 3.12
- Property crime fee per 1,000 residents: 48.15
- Ages 65+ common retirement earnings: $44,823
- Single-family common house worth: $1,086,655
- Livability rating: NA
25. Niles, Illinois
- Violent crime per 1,000 residents: 0.48
- Property crime fee per 1,000 residents: 18.42
- Ages 65+ common retirement earnings: $24,710
- Single-family common house worth: $390,387
- Livability rating: 80
26. Bullhead Metropolis, Arizona
- Violent crime per 1,000 residents: 4.33
- Property crime fee per 1,000 residents: 20.62
- Ages 65+ common retirement earnings: $25,343
- Single-family common house worth: $319,536
- Livability rating: 64
27. Gloucester, Massachusetts
- Violent crime per 1,000 residents: 2.57
- Property crime fee per 1,000 residents: 5.10
- Ages 65+ common retirement earnings: $41,304
- Single-family common house worth: $763,752
- Livability rating: 71
28. Banning, California
- Violent crime per 1,000 residents: 4.99
- Property crime fee per 1,000 residents: 16.94
- Ages 65+ common retirement earnings: $37,920
- Single-family common house worth: $414,314
- Livability rating: NA
29. Palm Desert, California
- Violent crime per 1,000 residents: 2.78
- Property crime fee per 1,000 residents: 36.27
- Ages 65+ common retirement earnings: $48,118
- Single-family common house worth: $627,545
- Livability rating: 51
30. Palm Springs, California
- Violent crime per 1,000 residents: 5.75
- Property crime fee per 1,000 residents: 36.86
- Ages 65+ common retirement earnings: $46,012
- Single-family common house worth: $1,015,431
- Livability rating: 65
