N※N

Affordable Small Towns That Are Hidden Gems for Retirees: A Quick Guide

75

  //travel-leisure.news-articles.net/content/2025/ .. -are-hidden-gems-for-retirees-a-quick-guide.html
  Published in Travel and Leisure on Friday, November 21st 2025 at 10:41 GMT by Investopedia

• 🞛 This publication is a summary or evaluation of another publication
• 🞛 This publication contains editorial commentary or bias from the source

2025-11-21 248 x 204 / 10475 Bytes

2025-11-21 179 x 224 / 17082 Bytes

2025-11-21 179 x 224 / 10627 Bytes

2025-11-21 251 x 201 / 8955 Bytes

Affordable Small Towns That Are Hidden Gems for Retirees: A Quick Guide

Choosing the right place to settle down in retirement can be one of the most important decisions a person will ever make. While many retirees dream of large cities with endless cultural offerings, the reality is that the cost of living, quality of healthcare, and sense of community are often far better in smaller towns. The Investopedia article “Affordable Small Towns for Retirees: 6 Hidden Gems” offers a well‑researched look at six lesser‑known locations that combine low housing costs, favorable tax treatment, and a welcoming atmosphere—exactly what retirees are looking for.

1. Birmingham, Alabama

While Birmingham is technically a midsize city, it still retains a small‑town feel in many neighborhoods. The article notes that the median home price is only $140,000, well below the national average. Birmingham also boasts a robust medical network, including the renowned Birmingham‑Southern Medical Center, which is highlighted in the linked “Top 10 Healthcare Facilities in Alabama” section. Retirees appreciate the 9% personal‑income tax exemption for residents over 62—an incentive that makes Alabama an attractive retirement destination.

Why it’s a hidden gem
Affordable housing, low taxes, and a historic downtown that hosts weekly farmers’ markets and summer concerts. The city’s mild climate and proximity to the Red Mountain State Park* provide ample outdoor recreation.

2. Rochester, Minnesota

Rochester is often overlooked for its affordability, with a cost‑of‑living index 12% below the national average. The Investopedia piece points out that the Mayo Clinic, one of the world’s top hospitals, is located here, ensuring top‑tier medical care without the expense of a larger metro area. The linked “Cost of Living Calculator” demonstrates that retirees can stretch a $50,000 pension far further in Rochester, especially given the low property taxes of 1.2%—one of the lowest in the country.

Why it’s a hidden gem
Excellent public transportation, a thriving arts scene, and an active senior community through the Rochester Senior Center*.

3. Gainesville, Florida

The article highlights Gainesville as a sweet spot for retirees who want sunshine without the price tag of the big Floridian cities. The median home price sits at $215,000, and Florida’s lack of a state income tax is a major draw. The Investopedia “Retirement Tax Guide” link explains that Florida’s capital gains tax exemptions apply to seniors, making this city a tax haven for retirees. In addition, the University of Florida’s College of Veterinary Medicine provides access to specialized animal care for pet lovers.

Why it’s a hidden gem
* Lively university town vibe, plenty of parks, and a climate that balances warm summers with comfortable winters.

4. Ashland, Oregon

Often mistaken for its larger namesakes, Ashland is a charming little town where the median home price is $335,000—a 15% savings over the national median. The article references the Ashland Medical Center link, which showcases its 24‑hour emergency department and geriatric care specialists. Oregon’s “Property Tax Calculator” reveals a 0.93% tax rate that allows retirees to preserve more of their savings. The town’s cultural scene, highlighted in the linked “Local Arts Festivals” page, attracts retirees who appreciate theater, music, and art.

Why it’s a hidden gem
Proximity to the Shasta-Trinity National Forest*, a thriving arts community, and a welcoming environment for seniors.

5. Clovis, New Mexico

Clovis is noted for its affordable real estate, with median home values around $125,000. The Investopedia article links to a “Healthcare Access Index” that notes the Clovis Health Services and the nearby Albuquerque VA Medical Center. New Mexico’s generous tax credits for retirees—particularly the 25% exemption on rental income—are highlighted in the linked “New Mexico Tax Incentives” section. The town’s low crime rate and quiet, southwestern charm appeal to those seeking a slower pace.

Why it’s a hidden gem
Mild climate, access to outdoor recreation (the Santa Fe National Forest* is a short drive away), and an active senior community.

6. Morgantown, West Virginia

Morgantown offers a blend of low housing costs and strong community ties. The median home price is $175,000, and the local West Virginia State Hospital is featured in the linked “Top Medical Facilities in West Virginia” page. With a property tax rate of 1.3% and the state’s “Pension Protection Act,” retirees enjoy favorable tax treatment. The city’s strong public transportation network and the West Virginia University campus provide cultural and educational opportunities for seniors.

Why it’s a hidden gem
* Rich history, scenic Appalachian landscapes, and a friendly, small‑town atmosphere.

How to Use This Information

1. Check Your Own Budget – Use the Investopedia “Cost of Living Calculator” linked within each town’s profile to see how your monthly expenses compare.
2. Review Healthcare Options – The articles link to local hospital ratings and geriatric care statistics to help you assess medical needs.
3. Understand Tax Implications – Each town’s section includes links to state tax guides, which are crucial for retirees who rely on pensions, Social Security, or investment income.
4. Visit the Town – Many of these locations offer free tours, senior centers, and community events that can give you a feel for the local vibe.
5. Plan for the Long Term – Consider property taxes, insurance costs, and the availability of public transportation or home‑care services.

Bottom Line

Retirement should be about enjoying the fruits of a lifetime’s work, not about drowning in debt. The Investopedia article’s deep dive into six affordable small towns shows that you can find a high quality of life on a modest budget. Whether you prefer the sun‑baked streets of Gainesville, the academic buzz of Rochester, or the mountain vistas near Ashland, there’s a hidden gem out there that matches your priorities—cost, care, community, and climate. Start by visiting the linked resources, test out the cost calculators, and take a trip to see which town feels like home. Happy hunting!