When people reach the point in their lives where they start thinking about places to spend their retirement, one thing becomes very clear, the warmer the better. No one wants to deal with the snow and cold weather of the Northeast or the Midwest during their “Golden Years” after most of them have had to deal with it all of their lives.
Here are 5 of the most popular places in America to retire:
A lot of people choose Asheville, North Carolina when it comes time to retire. Asheville is a flourishing mid-sized city in the Blue Ridge mountains of western North Carolina.
Asheville sits just off the Blue Ridge Parkway, a 469-mile, limited-access highway that curls through stunning scenic overlooks that link the Great Smoky Mountains National Park in western North Carolina to Shenandoah National Park in Virginia.
The largest private residence in America, with its 250 rooms, the Biltmore Estate was built by the Vanderbilts not far from Asheville. The Biltmore House offers acres of scenic walking paths through gardens and along the creek and pond.
There is rarely a lack of something to do in this idyllic mid-sized city. The renovated historic downtown Asheville is packed with art and craft galleries which run the gamut from folk to contemporary; there are also unique locally owned shops and roughly 500 restaurants.
Residents of Asheville include artists, musicians, corporate executives, merchants and entrepreneurs.
Overall, North Carolina’s state income tax recently dropped, from between 6% to 7.75%, down to a 5.8% flat tax of 2014. However, the cost of living is 4.8% above the national average.
The median price of homes in Asheville is $175,600. In 2014, residential homes have appreciated at a rate of 4 percent.
In 2014, Asheville had a population of 83,796, and it has experienced a property growth rate of 13% since 2012.