In a recent post, venerated financial publication Kiplinger rated all 50 states and the District of Columbia for their feasibility as places to retire. And West Virginia not only came out in the Top 10… it was ranked third!
Based on quantifiable factors that are important to many retirees, Kiplinger’s rankings favored states that are affordable and economically healthy, as well as those with low crime rates. They also rewarded states with large but relatively prosperous populations of residents age 65 and up. They also weighed the tax situation for retirees in each state.
This is how West Virginia came out:
- Share of population 65+: 5%
- Cost of living: 0% below the U.S. average
- Average income for 65+ households: $37,788
For outdoor-lovers, West Virginia is heaven with the Blue Ridge Mountains and Shenandoah River. And the low cost of living is very attractive for homeowners age 65 and older. The median home value is just $91,400, and rental costs are also rock-bottom.
When you’re ready to start considering your retirement options, come visit one of Kettler Forlines Homes’ communities in West Virginia! We have a variety of captivating homes sure to fit your needs!
For over 35 years, the details have made all the difference in Kettler Forlines Homes and neighborhoods. Come visit and you will find award-winning, energy-efficient designs, the highest quality materials and craftsmanship, a genuine dedication to affordability and value, countless included features, and many ways to create a home that is truly unique. For more details about our homes, visit www.kettlerforlineshomes.com.