Tags: Retirement | retirement | Arkansas | affordable places

Most Affordable Places for Retirees in Arkansas

By    |   Tuesday, 02 Jun 2015 05:03 PM

When searching for a place to retire, it is important to figure out what you want compared to what you can afford. There are plenty of places around the United States to retire where you can get more for the dollar, and retirement in Arkansas is no different. While not every city throughout the state is a great retirement option, there are many retirement destinations that are more than affordable for a retiree to live, whether they intend to live on their pension or working a side job in their later years. With that in mind, here is a look at the most affordable destinations when considering retirement in Arkansas.

Free Retirement Calculator: When Can You Retire? —
Click Here to Find Out

  1. Fayetteville - When it comes to retiring in Fayetteville, there are a lot of positives when it comes to affordability. The economy in this town is great thanks to large corporations such as Tyson and Wal-Mart. These major companies also open up a lot of options for educational opportunities, which is a great option for the older retired crowds. The median home cost in the state is $161,800 and the cost of living is 8.9 percent lower than the average rate. The unemployment rate has been dropping as well and is down to 4.6 percent.
  2. Bella Vista - Bella Vista is not only one of the most popular destinations for retirement in Arkansas, but it is also one of the most affordable. The city has a small population, but the retirement community that supports the town offers retirees almost anything they could hope for, with an incredibly low property owner's fee. It's located in the Ozark Mountains, has a median home cost of $180,700 and a cost of living rate that is 4.6 percent lower than average.
  3. How Soon Can You Retire? Free Test Shows You When — Click Here

  4. Conway - Even more affordable is the city of Conway, the home of three different universities. The schools provide great later educational opportunities for retirees and also provide entertainment, such as the Conway Symphony Orchestra and touring Broadway shows. The cost of living is an eye-popping 11.8 percent lower than average with a median home cost of $128,400.
  5. Hot Springs - Hot Springs is best known for resort living for retirees and presents plenty of options for golfing, fishing, hunting, hiking, and boating for those seeking retirement in Arkansas. The median price of homes is about $145,000 and real estate taxes in the area are usually less than $1,000.
An Extremely Simple Way to Determine If You're Ready to Retire — Find Out Now

© 2017 Newsmax. All rights reserved.

   
1Like our page
2Share
FastFeatures
When searching for a place to retire, it is important to figure out what you want compared to what you can afford. There are plenty of places around the United States to retire where you can get more for the dollar, and retirement in Arkansas is no different.
retirement, Arkansas, affordable places
434
2015-03-02
Tuesday, 02 Jun 2015 05:03 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved