Tags: Retirement | retirement | Iowa | affordable places

Most Affordable Places for Retirees in Iowa

By    |   Friday, 05 Jun 2015 01:44 AM

They call it "Iowa nice," that attitude Iowans are known for that welcomes anyone to live, work and raise a family here. It also extends to retirees in the Hawkeye state. "People smile and say hello here," Walt Mozdzer, a financial advisor at Syverson Strege and Company in West Des Moines, told MarketWatch in a SmartMoney story on where to retire in Iowa. Here is a look at some of the best retirement cities in Iowa.

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  1. Waterloo- With a median home cost of $89,300 and a cost-of-living that's 17.5 percent lower than the national average, Waterloo, on the banks of the Cedar River, appeals to retirees who love the outdoors. From hiking and biking trails to affordable golf, Waterloo can help keep you active. If you're into art, the Waterloo Center for the Arts showcases traveling exhibits and has an award-winning children's gallery.
  2. Decorah - This small town, 15 miles south of the Minnesota-Iowa border, has a population of around 8,000 and is known for its charming downtown, close-knit community and natural beauty. The median home cost is $137,500, and Decorah is home to Luther College, a liberal-arts college affiliated with the Lutheran Church. The town has a Norwegian history, a museum with the most extensive collection of Norwegian-American art in the world, and celebrates Nordic Fest each July. The town has been featured in Smithsonian Magazine's annual list of the "20 Best Small Towns to Visit in America," Forbes magazine's "America's Prettiest Towns" and the 2015 Best Choice Reviews list of the "50 Best Small Town Downtowns in America."
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  4. Ames - Ames, 30 miles north of Des Moines, has a median home cost of $173,200 and is home to Iowa State University. It has both small-town charm and all of the culture of a big university. The state promotes itself for its "great schools, no traffic jams, safe communities and clean air." Ames fits the bill for all of those things. It also ranks No. 1 on Livability's 2014 "10 Best College Towns" in America. However, college seniors aren't the only ones who love it. So do senior citizens.
  5. Des Moines - The state capital is Iowa's answer to urban living. The median home cost is $116,800, and the city offers a taste of Broadway, the symphony and ballet, the political excitement of the Iowa caucuses, an artsy, literary feel and a local economy driven by insurance companies. It also offers ample health care with several hospitals, including Iowa Lutheran and the Veterans Affairs Hospital, and transportation that features an extensive downtown skywalk. With its free festivals, outdoor concerts, trails, restaurants, wineries and breweries, Des Moines offers something for people of all ages.
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They call it Iowa nice, that attitude Iowans are known for that welcomes anyone to live, work and raise a family here. It also extends to retirees in the Hawkeye state.
retirement, Iowa, affordable places
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2015-44-05
Friday, 05 Jun 2015 01:44 AM
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