The elderly. Current Resident: Douglass Hills is a very pleasant suburb amid the emerging city of Middletown. 2023 Best Places to Retire in Kentucky - Niche This Cincinnati, Ohio-area town is one of the best places to retire in Kentucky for its outdoor areas and history. There aren't too many cities on this list that are super close to Louisville, with Lawrenceburg being the only place within an hour of the state's biggest city. Growing up everyone, including myself, always complains about how this town is the worst place in the world. Which city performed the best based on these metrics? Capital gains are taxed as regular income. From a practical standpoint, rent in Kentucky is 30% less than national average and it's among the safest states in America. Your email address will not be published. Edgewood provides sidewalks along its major thoroughfares which promotes walking and biking. Are you looking for a peaceful retirement in the Bluegrass State? He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. Best Places to Retire in Kentucky? (Lexington, Louisville: best towns The total tax-deductible for non-relatives stands at $500, with applicable tax rates for inheritance valued excess of this amount ranging from 6% to 16%. When asked if Kentucky is the best place to retire, some residents will recommend Paducah, a thriving suburb with a charming historical downtown area. HomeSnacks is reader-supported. Current Resident: I was born in this community, which is very small. From nationally-recognized hospitals like Kings Daughters Medical Center to smaller specialty clinics like ResCare Home Health Services in nearby Russellvillea range of medical services are within easy reach for those who retire in Ashland. There are also many opportunities to get involved at Trinity including in the arts, clubs, and athletics. Read 44 reviews. Generally, utilities for a relatively small apartment cost less than $140. Villa Hills - Population: 7,331 #23. While youll pay more for living youll also be closer to amenities in the big city. To empower a confident, worry-free retirement for everyone. I'm happy I used this tough experience as a stepping stone. Next: 25. I've lived in this small town most of my life. The city peaceful and quiet, but is also just minutes from several major expressways connecting residents to the rest of the greater Cincinnati area. Being in the suburbs means that youll have plenty of dining, shopping, and healthcare options. Youll also get a sales tax break on groceries, which will allow you to save more of your earnings. It is close to malls, grocery stores, movie theaters located in the heart of two neighboring states, West Virginia and Ohio. Read 17 reviews. The area has a high median income, with most commuting into Cincinnati or telecommuting. I've lived here for 5 years now and have not once not felt safe to venture out =, or go for a jog.. Parent: A special place in Louisville: if you have children check this out! Langdon Place, a delightful little suburb, demonstrates that the best things sometimes come in small packages. Very welcoming and respectful staff. Paducah continues to grow and expand. Best Places to Live in Kentucky Kentucky 24 Reviews | Review This Place Population 4,494,141 +3.2% since 2020 Unemployment Rate 5.0% Median Income $43,342 Median Home Price $194,300 Median Age 38.6 Comfort Index (Climate) 7.9 / 5.7 summer / winter Subscribe to Download Report Subscription Benefits United States / Kentucky How is Kentucky for retirement? - meetbeagle.com Kentucky ranks number 11 as the best state to retire to, and its for, Im sure we can all remember the first time we thought about checking out those retirement communities. if(window.innerWidth<700){ezoicSiteSpeed(jQuery(document),String(/documentReady/).substring(1).slice(0,-1),String(/jQuery-document-dot-ready/).substring(1).slice(0,-1),function($){$("#skip_expand").html("(Expand+)");$("#toc ul").css("display","none");$("#skip_expand").on("click",function(){$("#toc ul").toggle()});$("#toc h3").on("click",function(){$("#toc ul").toggle()});});}. Because of its many hiking trails and parks, this charming college town is one of the best places to retire in Kentucky in 2020 and 2021. The most disaster-prone part of the year happens to be the Derby period, between April and May. If your organization is interested in becoming a Stacker The Caribbean is one of the most exotic and affordable travel destinations globally. Food, transportation, healthcare and leisure can go for 30-40% cheaper than other cities in the state. You literally know everyone that lives. Current Resident: Middletown is a great upper-middle class suburb of Louisville with lots of nice neighborhoods, tons of great restaurants and shopping, and easy travel via the interstates close by. Read 63 reviews. The school system is excellent with great athletics and academics.. class size is small so each child gets lots of one on one attention. According to the data, Versailles is the best place to retire in Kentucky for 2023. Your email address will not be published. Is it a good place to live in Kentucky? The population of the city: 16,263 people over the age of 65: The cost of living for retirees is 16.1%: Population income per capita is 12% lower than the national average: $43,980 Retiree tax bracket: tax-friendly. We just hope you're not too committed to another college basketball team, because folks in Kentucky are pretty serious about supporting the Wildcats. The state is a blend of small and mid sized towns, with plenty of suburban and rural options if you prefer. My favorite part is the local swim. 3 Niche users give it an average review of 3 stars. There are a few guidelines and Best Places To Live in Kentucky - Livability Property values in Edgewood are continually on the rise due in no small part to the pride that residents take in their city and in their neighborhoods. Read 22 reviews. Empower Personal Wealth, LLC (EPW) compensates BestRetirementCities.org (BRC) for new leads. An Article Writer |Blog Post| Photographer | Entrepreneur and much more; I am a well-rounded individual who is extremely dependable and quick to pick up new skills. We then narrowed it down to places with at least 10,000 people that weren't townships. The numerous horse events held each year draw visitors from all over the world, which means youll have access to a diverse range of restaurants and shops. Also, you can always consult the disaster risk map before purchasing a property in any part of the state. However, when growth rates, The Western North Carolina mountains have a way of enchanting individuals who come into contact with their natural, If youre looking to live in California, youd like to know the most expensive, or lets say, comfortable, Best Place To Live In Kentucky: 20 Best Cities In 2022. Featured Review: Current Resident says Crestview Hills is a great neighborhood for children and adults alike. , you may be able to buy a decent home for around $150,000. 2015 best towns to retire Kentucky, Kentucky, 1 replies View detailed profiles of: Louisville, Kentucky. I have particularly enjoyed the French and science programs at Trinity. Then pack your belongings and travel to the small town of Cherokee Seneca. Overall, Somerset is a great destination for retirees who want convenient access to medical care while still enjoying the great outdoors of Kentuckys Appalachian region. If you like live music, there are also quite a few venues to choose from, as well as outdoor concerts during warmer months. We also have traditions that are very appealing to others such as BBQ on the River. Key Stats: Residents age 65 and up: 15 percent. Featured Review: Current Resident says I have lived in the great St Matthews area for the last 30years, I have lived on NorbourneBlvd, wonderful neighbors, nowI live on Grandview ave, it is as if you have know this part of the city,forever, it is such a peaceful .,loving, and diversity place to live,I am a woman of color, and have always been at peace, because, of my neighbors, this place is next to Heaven!!. The 10 Best Places to Retire in Kentucky in 2021, Common Questions About Retiring in Kentucky, The 10 Best Places to Retire in New Jersey. Golfers will appreciate the areas many golf courses, and visitors will appreciate the easy access to Cincinnati, Lexington, and Louisville. She spent nearly a year as a writer for a credit card processing service and has written about finance for numerous marketing firms and entrepreneurs. While states that dont charge income tax may seem attractive, most of them have other ways of collecting revenues. They provide world class medical care but keep fees reasonable due to Mayfields close proximity to bigger cities like Memphis, Tennessee that have difficulty competing with lower prices of a smaller town ($15-$40 per specialist appointment). Featured Review: Visitor says Indian Hills is an unincorporated town, a post office, and a census-designated place (CDP) located in and governed by Jefferson County, Colorado, United States.. Niche User: This was a great area to experience my childhood years. If you like having plenty of shopping and dining options, combined with arts and culture, Louisville could be the perfect choice for you. For these 38, we looked at the following criteria taken from the Census, the FBI's Crime Report, National Weather Service, and OpenFlights: We then ranked each of these places for each criteria from one to 38, with the lowest number being the best. If you want to enjoy a tranquil retirement surrounded by hills, lakes, and rivers, you should consider retiring in Kentucky. Banking services provided by Blue Ridge Bank N.A. Investing involves risk and past performance is not indicative of future results. Lake Frederick in the Shenandoah Valley (near Winchester VA) was nominated by Jan Sedaka. Earning the top spot on our list of best places to retire in Kentucky is Pike County, the largest county in Kentucky in terms of land area. Ashland. For more information, see our Form ADV Part II and other disclosures. COST OF LIVING FOR RETIREES: 12% below the national average, PER CAPITA INCOME FOR POPULATION: $43,980. #23. You might also be able to eat a decent meal at an inexpensive restaurant for only $8. There are great cities for retirement around Bowling Green, with Glasgow being the best of the bunch. Empower Personal Wealth, LLC (EPW) compensates BestRetirementCities.org (BRC) for new leads. Not only does Francis Parker offer a great education with amazing faculty; the experience is tailored to the child's age. The area is also home to Lake Cumberland Regional Hospital, one of the largest hospitals in the state. In addition, Lexington has a new construction neighborhood for active adults going up right now with the Silk Club starting in the $500s. The Derby season is arguably the most fun part of the year in Kentucky. City of Villa Hills/Facebook. COMING UP: 7 AM ET - Wake Up America 9 AM ET -. Next on our list is Fort Thomas, a home rule-class city in Campbell County. The population of the city: is 11,585 people over the age of 65: The cost of living for retirees is 19.1 percent higher: 15% less than the national average per capita income for the population: The tax rate for retirees: is $22,571: tax-friendly. It is known as much for its bourbon and bluegrass as it is for its horse racing and food. It is also the 11th largest, population-wise, with . A low cost of living, reasonably retiree-friendly tax rates, and plenty of opportunities for fun and adventure are the states main selling points. In all fairness, though, the various counties in the state have adequate disaster preparedness resources. This beautiful community was listed on Forbes list of best places to retire in 2014, which is quite an accomplishment considering the out of state competition. We have a few resturants, churches, banks, dollar store, gas stations, grocery stores, and a park! SmartAsset: Overview of Kentucky Retirement Tax Friendliness, Moving Business: What you need to know before moving to Kentucky, Moneywise: Natural Disasters by State: The 25 Most Disaster-Prone Areas in the US, USA Today: 10 least expensive states to live in the US, Vittana: 19 Major Pros and Cons of Living in Kentucky, link to Best Places To Retire in the Caribbean. COST OF LIVING FOR RETIREES: 5% below the national average, PER CAPITA INCOME FOR POPULATION: $29,825. Are you looking for a peaceful retirement in the Bluegrass State? 160 Niche users give it an average review of 4.1 stars. This left us with 38 places from across the state. Where Are The Best Places To Retire In Kentucky? The combination of great affordability and a great climate make a perfect retirement location. Belknap, as one of Louisvilles safest neighborhoods, provides the best of both worlds: a safe, friendly community for families to raise their children, as well as easy access to all of Louisvilles actions. Stacker distribution partners receive a license to all Stacker stories, your CMS. So you've deposited your last paycheck and you're looking for a place to retire in the Bluegrass State. Whether youre a lifelong Kentuckian looking to stay close to home or an out-of-state retiree seeking the charm of Kentucky, weve got you covered! Why did Versailles take the top spot? Stacker compiled a list of the best places to retire in Kentucky using data from Niche. Featured Review: Parent says Wonderful learning environment. We only looked at the 38 cities in Kentucky with populations of at least 10,000 people in order to weed out some anomalies that pop up in the data with super small communities. Kentucky is a fun and fascinating best place to live for retirement and travel that has a lot going for it. The whole area is very willing to show their school spirit while also showing up for the rivalry games. Come check out the classes and it will feel more like college than high school. Those looking at the best small towns in Kentucky to retire should consider Somerset, a lakeside town with plenty of festivals and events. Current Resident: I enjoy the small town of Russell, as I have lived here my entire life. Named as one of the best places to retire in Kentucky 2019 through 2021 in many lists, Louisville is great for those looking for city life. Kentucky is an excellent place to retire, with tax-free Social Security income and retirement tax exemptions up to a certain limit. Crime, unemployment, and poverty rates are all low, and the odor of affluence in the air is no doubt aided by the very healthy $102,036 median income most households can boast. In doing so, youre agreeing to the below guidelines. Youll have plenty of dining, shopping, and healthcare options if you live in the suburbs. They also drive a lot slower, let seniors across the street, wave whenever appropriate, and may let you take your time to find your way in the parking lot without giving you an earful. There are several parks and they are well-maintained and easily accessible by either car, bicycle, or walking. Frankfort is one of the best places to live in Kentucky for a more suburban retirement. 2023 Best Places to Live in Kentucky - Niche The 10 Most Beautiful Towns In Kentucky - Culture Trip PER CAPITA INCOME FOR POPULATION: $24,083. Instead, lets focus on other critical determinants of the cost of living. State: Kentucky County: McCracken County Metro Area: Paducah Metro Area City: Paducah Zip Codes: 42003 42001 Cost of Living: -23.3% lower New! Check Out Our Premium Movers. @media(min-width:0px){#div-gpt-ad-aginggreatly_com-large-mobile-banner-1-0-asloaded{max-width:336px!important;max-height:280px!important;}}if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[336,280],'aginggreatly_com-large-mobile-banner-1','ezslot_9',108,'0','0'])};__ez_fad_position('div-gpt-ad-aginggreatly_com-large-mobile-banner-1-0'); The fact that the friendly people of Kentucky drive slower than most parts of the country hurts traffic. It currently has 5 active adult (55+ communities) that range from $200s to the $500s. Beechwood Village. I've lived here for 5 years now and have not once not felt safe to venture out =, or go for a jog. Read 1 review. Lexington, Kentucky is the second-largest city in the state and a great place for retirees who want to stay close to home. The only downside is that it does not have the below average health care options. The 5 Best Cities To Retire To In Kentucky The city is home to Claudia Sanders Dinner House, as well as several other charming local restaurants and shops. Basically, this season is several weeks of celebrations, festivals, and parties before the big day of racing. There is always something new to discover with a piece of rich music; literature, and folklore heritage, and Southern hospitality is a given wherever you go. COST OF LIVING FOR RETIREES: 8% below the national average, PER CAPITA INCOME FOR POPULATION: $33,251. We couldn't be happier! Taylor County - Niche grades: good for retirees (B), cost of living (A-), weather (C+), outdoor activities (B) - Top places to live: Campbellsville (B-) Featured Review: Parent says A special place in Louisville: if you have children check this out!Not only does Francis Parker offer a great education with amazing faculty; the experience is tailored to the child's age. What would be the best towns to explore for retirement in Kentucky? Quaint little small. Current Resident: Lyndon is a nice little quiet neighborhood of Louisville that allows residents to be close enough to some of the hottest spots in Louisville while also being able to enjoy the seclusion of suburbian. Read 17 reviews. The average home price is high but not outrageous (expect to pay around $396,792), while the median income is a very desirable $83,165. Kentucky is the 11th best state state to retire to. There are also plenty of housing options available depending on your taste level and budget with several options in retirement communities as well as regular homes available for rent or purchase.