Lancaster tops lists of places to retire
Lancaster was recently named the best place to retire in the country, according to U.S. News & World Report.
The area, praised for its variability, was named the 32nd best place to live overall in an earlier ranking this year by the organization. While there is ample farmland, Lancaster also boasts a booming downtown scene. Lancaster is seen as more affordable than other metros across the country, with homes especially being more affordable. The median home price is $179,408, compared to the national median price of $222,408.
The average annual salary, $43,000, is lower than the national average by more than $6,000, but the unemployment rate is lower than the national average, as is the cost of living. Crime is also below the national average, according to the report, the number of crimes committed per 100,000 people is 175.2, compared to 382 nationally.
Lancaster is also accessible to other major metro areas, such as Philadelphia, New York City and Washington, D.C. With a population of just over 500,000, the area has many big city amenities without the crowds.
The Lancaster area also typically offers all four seasons, and boasts a shorter than average commute time, three minutes lower than the national average of 26.1 minutes. More than 40 percent of Lancaster residents are 45 and older, and 16.4 percent are 65 and older.
Fort Myers, Florida, was named the second best city to retire in. Six areas in the commonwealth made the list of the top 100 places to retire. Pittsburgh landed in fifth, followed by Allentown in 18th and Harrisburg in 29th. Philadelphia was named the 31st best city to retire and Scranton was named the 68th.
Topics
Share this post
Member Discussion
Recent Articles
-
Tri-County Realtor® Leads Efforts to Fight Hunger
- November 21, 2024
- 2 min. read
Heather Griesser-LaPierre, a member of Tri-County Suburban Realtors®, led an initiative last month to pack 238,000 meals for hurricane victims alongside fellow Realtors® and other volunteers.
-
9 Tips to Save Money When Moving
- November 20, 2024
- 3 min. read
For new homeowners, moving costs can add up quickly. Here are nine tips to keep moving costs down, from Point2.
-
Earn Pa. CE Credit at Triple Play: Agency Relationships and Disclosures
- November 19, 2024
- 2 min. read
Taught by two PAR associate counsels, “Agency Relationships and Disclosures in Pennsylvania” is a three-hour course that is a Pennsylvania SREC-required topic for the 2024-2026 continuing education cycle.
Daily Emails
You’ll be the first to know about real estate trends and various legal happenings. Stay up-to-date by subscribing to JustListed.