Tags: Retirement | retirement | Arkansas | benefits

Benefits of Retiring in Arkansas

By    |   Tuesday, 02 Jun 2015 06:34 PM

When considering retirement in Arkansas, there are a lot of benefits that makes the state routinely rank high on lists of retirement destinations for seniors. While there are some drawbacks, such as tornadoes and a less than satisfactory health system, there is also the fact that this has some of the most beautiful country in the United States and the cost of living is far below the national average. When looking for a place to settle down in your later years, here are a few reasons for making retirement in Arkansas your top choice.

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  1. Home Costs - The biggest advantage to choosing Arkansas for a retirement destination is that home prices there are lower than most parts of the U.S. The average home value for Arkansas is only $114,200, which is far below the national average of $178,400. Of course, some areas are cheaper than others, but even retirement communities in prestigous Arkansas areas like Fayetteville are still lower than comparable cities around the country at $170,800. The property tax in Arkansas is also extremely low, ranking only 35th in the U.S.
  2. Cost of Living - The great prices of homes goes hand-in-hand with the low cost-of-living expenses in the state. The state ranks 14.4 percent lower than the national average for cost of living and that is largely due to the great options for employment in the state combined with the low cost of building homes. With Tyson Foods and Wal-Mart headquarters both located in Arkansas, there are plenty of jobs and the retirement communities make it even more affordable for those choosing retirement in Arkansas.
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  4. Extracurricular Activities - The main selling point for people when they choose Arkansas is the fact that there is so much to do, especially for retirees who love to spend a lot of time outdoors. With the Ozark Mountains, numerous lakes, and more, there are a lot of recreational activities to choose from. The hunting in Arkansas is always plentiful, there are a lot of golf courses in the state, and the lakes allow for almost endless fishing and boating. The winters are bearable and much nicer than other retirement spots, and the summer, while hot, is nowhere near as bad as places like Arizona, making the outdoor life an almost year-round experience.
  5. Planned Retirement Communities - In the 1960s, developers realized the importance of retirement communities and began to change former resort destinations into a perfect place for people to seek their retirement in Arkansas. A few notable examples of this are Eureka Springs, Hot Springs, and Fayetteville, which offers countless communities with everything a retiree could need, from medical facilities to golf and water sports.
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When considering retirement in Arkansas, there are a lot of benefits that makes the state routinely rank high on lists of retirement destinations for seniors.
retirement, Arkansas, benefits
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2015-34-02
Tuesday, 02 Jun 2015 06:34 PM
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