![]() ![]() ![]() On average, housing costs for the cities in this study make up 26.78% of average retirement income. Housing costs, on average, won’t be a burden. In the United States, you are considered burdened by housing costs if you are spending more than 30% of your income on housing.Chicago, the biggest city in the region, ranks near the bottom in our study, and other major urban centers like Indianapolis and Columbus don’t fare much better. Small cities beat out big cities. While there are plenty of bigger cities in the Midwest, smaller locales lead this study.For more details on how we found and analyzed our data, read the data and methodology section below. SmartAsset Advisors, LLC has crunched the numbers to find the best cities to retire in the Midwest.They considered data across eight metrics in 98 Midwestern cities: the percentage of the population that is retirement age, housing costs as a percentage of average retirement income, estimated senior tax burden, residential communities, medical centers, violent crimes, property crimes and unemployment. The City of Southfield has been named one of the 10 best places to retire in the Midwest by SmartAsset Advisors, LLC! ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |