After a six-year gap, Charlotte makes Forbes’ Top 25 Best Places to Retire in 2019. If you’re ready to step foot into the Golden Years, Charlotte might be the perfect place to do it. Between the sandy beaches and the gorgeous lake and mountain views, it’s no surprise the Queen City made its way back to the list.
The Top 25 Places to Retire in 2019 were selected based on affordability and high quality of life. With a population of 860,000, distributed throughout the robust banking center of North Carolina, Charlotte has plenty of restaurants, shopping malls, sports, and activities for retirees to enjoy.
Median home prices average $224,000, 10 percent below the national median according to Forbes. In addition to affordable housing, the economy is growing, there’s no state estate or inheritance tax, and no state income tax on Social Security.
Not only does Charlotte offer affordable living options, the city provides great weather and air quality, with a good ratio of doctors per capital.
So, if your heart is set of Charlotte, let’s look at some of the places best suited for retirees. According to Niche.com, here are the top Charlotte suburbs for retirees:
Ranked #11 Best Suburbs to Live in Charlotte Area, Pineville has a population of 8,418 with a median home value of $183,100. This cozy suburb offers plenty of restaurants, coffee shop, parks, and local activities and is home to many young families and professionals. According to Niche, 67% of the residents in this area rent with a median rent of $956/month.
Ranked #1 Best Suburbs to Live in Charlotte Area, Davidson has a population of 12,325 with a median home value of $406,000. Like other top suburbs in this area, Davidson offers many restaurants, coffee shops, and parks and is home to many young families and young professionals. One reviewer on Niche described Davidson as “…a Norman Rockwell painting come to life with the even better addition of a top-tier University at its center.” Most people own their homes in this suburb, with just 24% renting at a median rental price of $1,095/month.
Ranked #7 Best Suburbs to Live in Charlotte Area, Cornelius has a population of 28,052 with a median home value of $279,000. Along with access to plenty of restaurants, parks, and shops, Cornelius has a highly rated public school system and is just a short drive from Lake Norman and Uptown. More people own their homes based on Niche’s data with just 31 percent renting at a median price of $1,182/month
Ranked #5 Best Suburbs to Live in Charlotte Area, Matthews has a population of 30,760 with a median home value of $231,300. Matthews is described as a friendly suburban town, offering lots of family friendly activities including movie theaters, ice rinks, trampoline parks, and mini golf. Matthews provides easy access to highways, shopping centers, restaurants, and parks. More residents own their homes with just 25 percent renting at a median price of $1,153/month.
When you’re ready to embark on a new chapter in your life, check out Charlotte. Retirees have plenty of options to stay active and enjoy the Golden Years.