Most Popular Spots to Retire in Nevada

Retirement in Nevada is becoming increasingly popular for a number of reasons. Nevada is one of few states without state income taxes or inheritance taxes. Add to that the beautiful surroundings, friendly people, and amazing recreational activities, so it is not hard to understand why people cannot get enough of Nevada.

Here are the most popular spots for people to flock when seeking out retirement in Nevada.

1. Henderson
The city of Henderson is one of the best retirement communities in Nevada. It is situated near Las Vegas, which puts residents a short distance away from all the glimmer and flashy lights anytime they feel like having a night out on the town. This city is the second largest city in Nevada after Las Vegas. According to Livability, Henderson has a median household income of $64,489 and a median home price of $213,700.

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

2. Paradise
One thing that makes Paradise a popular spot for retirees is that it is one of the largest cities in Nevada, offering greater access to a variety of living options and services. The United States Census Bureau reported the median household income to be $46,527 in 2013. This falls slightly below the Nevada average median household income of $52,800.

3. Reno
Although the cost of living in Reno falls above the national average, that is the price that many retirees are willing to pay to live in this beautiful city. Reno has a population of slightly more than 385,000 residents. It is not surprising that a city of this size is popular for the many social and recreational opportunities it brings retirees. The average household income is $46,770 and the average price of a home is $202,100, Livability noted.

4. Pahrump
This town is ideal for people who are seeking retirement in Nebraska for the purpose of living a small town life while still having luxuries that come with big city living close by. The cost of living here is 8.5 percent below the national average, MarketWatch reported. The added benefit of having a median home price of $88,870 also helps add more value to this town because of the affordable housing choices.

VOTE NOW: Is Nevada Gov. Brian Sandoval Doing a Good Job?

Related Stories:

• 5 Groups that Connect Veterans with Service Dogs
• Retirement: 5 Facts About 60-Plus Association