Top affordable U.S. cities for retirement
Median housing price: $141,400 State tax on pensions: No State tax on Social Security: No Sales tax: 6%
An isolated farm June 26, 2007 in Cheyenne, Wyo.
The magazine ranked the destinations by examining financial data on more than 350 cities across the country. The publication based their results, not only on property- and sales-tax rates, median housing price, and cost of living, but also the tax rate on pensions and Social Security. Recreation, climate, and arts and culture were also considered.
Median housing price: $124,200 State tax on pensions: Yes State tax on Social Security: No Sales tax: 7%
Children play in snow, Columbus, Ind.
Median housing price: $96,600 State tax on pensions: No State tax on Social Security: No Sales tax: 8.25%
The childhood home of George W. Bush in Midland, Texas sits on a well-manicured and tree-lined block, seen here on September 4, 2000.
Median housing price: $144,200 State tax on pensions: Partly State tax on Social Security: No Sales tax: 6%
A view from the Susquehanna River near Harrisburg, Pa.
Median housing price: $146,100 State tax on pensions: Partly On Social Security: No Sales tax: 8%
(L-R) Chris Wood, John Fitzpatrick, Brian Sullivan, Steve Kelling and Ken Rosenberg of The Sapsuckers team, from the Cornell University Lab of Ornithology from Ithaca, N.Y., search for birds during the World Series of Birding, May 12, 2007, in Stokes State Forest, New Jersey.
Median housing price: $192,000 State tax on pensions: No State tax on Social Security: No Sales tax: 8% Property tax rate: 10.52
The snow appears deep on Washington Pass, April 15, 2001, near the North Cascades National Park, Wash., near Wenatchee, Wash.
Median housing price: $141,800 State tax on pensions: Yes State tax on Social Security: No Sales tax: 7% Property tax rate: 7.76%
A general view of a Women's K1 competitor during the 33rd Flatwater Racing World Championships on September 12, 2003, at Lake Lanier in Gainesville, Ga.
Median housing price: $125,600 State tax on pensions: Yes State tax on Social Security: No Sales tax: 5.5% Property tax rate: 8.77%
A view of the 'Signature Hole' which is the 12th hole at the Southern Hills Country Club in Tulsa, Okla.
Median housing price: $202,800 State tax on pensions: Yes State tax on Social Security: No Sales tax: 5% Property tax rate: 14.35%
The surf crashes on the rocks around Sima Simic, of Portland, Maine, while fishing for striped bass below Portland Head Light at Fort Williams Park in Cape Elizabeth, Maine, Monday, July 25, 2011.
Winchester, Va.
No. 1 on AARP The Magazine's 10 Affordable Cities for Retirement list is Winchester, Va.Median housing price: $151,500. State tax on pensions: Partial State tax on Social Security: No Sales tax: 5% Property tax rate: 5.53%
In a July 9, 2011, photo, Ken Gathercole of Winchester, Va., photographs the Confederate soldier monument in front of the Old Court House Civil War Museum on the Loudoun Street Mall in Winchester, Va. to prove his visit for the Civil War Sesquicentennial Race.