Many retirees choose to retire where the weather is warm and sunshine is plentiful. I agree warm, southern states like Florida and Arizona can be great places to retire. Neither would be my choice though (no offense to those of you in Florida or Arizona). When I retire I want to stay in one of the great college towns in the Northern US or almost north. Here is my list of the three best college towns for retirees.
Ann Arbor, Michigan Tops My List
For those who have not been to Ann Arbor, it is a beautiful college town, home to the University of Michigan. Ann Arbor was voted one of the United State’s greenest cities. It was also listed as the 27th best place in the United States to live in a 2008 CNN survey. Because Ann Arbor is home to the large University of Michigan, it has many cultural activities. There are 156 parks in Ann Arbor and its location close to the Huron River provides many opportunities for outdoor activities. The median home price (2008) in Ann Arbor was $220,000 and the median family income in 2008 was $87,061. An interesting tidbit about Ann Arbor that many do not know is that Ann Arbor ranks number one in the number of books sold per capita. If you are a retiree looking for a high brow, intellectual college town for retirement, Ann Arbor may be the perfect college town for you.
Annapolis, Maryland -Picturesque College Town near Washington DC
Living near Washington DC can be ideal for retirees, but Washington DC itself with high cost of homes and high crime rates may not be the ideal retirement town for you. Annapolis, Maryland, which is home to St. John’s College and the US Naval Academy, is close to both Washington DC and Baltimore, Maryland. Annapolis has many beautiful historic buildings and many cultural offerings. Annapolis is considered a great college town for retirement by many.
Pittsburgh, Pennsylvania – Great College Town with Low Cost of Living
Many, who are not familiar with Pittsburgh, still think of the city as a “dirty steel town”. I can attest that Pittsburgh is anything but a dirty steel town. The city of Pittsburgh is home to numerous colleges and universities including the University of Pittsburgh and Carnegie Mellon University. Pittsburgh has a large older population and a low cost of living. Housing prices in Pittsburgh are typically around 30% lower than the national average. Pittsburgh has many cultural activities and if you like sports, you will fit in well with other Pittsburghers (except me I much prefer the Pittsburgh Opera to the Pittsburgh Steelers). Retirees choosing to retire in Pittsburgh will not be disappointed.
These are the three college towns that top my list for retirees.