Here are the top places for middle-class Americans to retire


Two in five US the elderly say they will “never move” from their home, according to a survey conducted by OnePoll on behalf of ClearMatchMedicarefor speaker.

However, Americans who are open to it moving into retirement there are several factors to consider – and one of the most important is cost of living.

Although many dream of a luxury, negligent pensionmost Americans face a different reality. The typical worker believes he'll need $1.46 million to retire comfortably, but the average retirement account balance stands at just $88,400 for a Northwestern Mutual study.

Related: Are you actually on track to retire well? A financial expert reveals the milestones to reach at every age – plus 3 common oversights.

About half of US adults (52%) lived in middle-income households in 2022, according to a Pew Research Center analysis from the latest available government data. Those approaching retirement age may wonder where their savings will stretch the most.

A new study by GOBbanking prices set out to determine the 30 best cities for middle-class retirement.

The research was drawn from U.S. Census and Federal Reserve data and analyzed cities across the country with a minimum population of 10,000 and at least 25% of that population age 65 or older. GOBankingRates then factored in data including median household income, median home value, total annual cost of living and median Social Security benefits.

Related: These are the 5 most desirable places to retire – but most retirees can't afford them, new data reveals

Perhaps not surprisingly, country no. 1 went to a city in Florida: The Villages, which boasts a median household income of $73,415 and an annual cost of living of $48,808.

Two cities in Arizona followed – Green Valley City, with a median household income of $57,785 and an annual cost of living of $41,989, and Sun City West, with a median household income of $61,941 and an annual cost of living of $48,781.

Related: Young Americans don't necessarily want to retire in Florida — and the 2 affordable states at the top of their list may surprise you

See the full list of the 30 best places for a middle class retirement, according to GoBankingRates data, below:

1. The Villages, Florida

  • Median household income: $73,415
  • Median single-family home value: $408,342
  • Annual cost of living: $48,808
  • Average Social Security benefits: $30,704

2. Green Valley City, Arizona

  • Median household income: $57,785
  • Median single-family home value: $321,915
  • Annual cost of living: $41,989
  • Average Social Security benefits: $27,102

3. Sun City West, Arizona

  • Median household income: $61,941
  • Median single-family home value: $398,930
  • Annual cost of living: $48,781
  • Average Social Security benefits: $28,190

4. Hot Springs Village, Arkansas

  • Median household income: $68,580
  • Median single-family home value: $305,455
  • Annual cost of living: $41,487
  • Average Social Security benefits: $28,754

5. Venice, Florida

  • Median household income: $68,843
  • Median single-family home value: $466,895
  • Annual cost of living: $53,436
  • Average Social Security benefits: $27,226

6. Sun City, Arizona

  • Median household income: $51,263
  • Median single-family home value: $329,036
  • Annual cost of living: $44,204
  • Average Social Security benefits: $25,346

7. Sun City Center, Florida

  • Median household income: $64,661
  • Median single-family home value: $341,594
  • Annual cost of living: $45,845
  • Average Social Security benefits: $26,759

8. Punta Gorda, Florida

  • Median household income: $75,898
  • Median single-family home value: $419,564
  • Annual cost of living: $49,123
  • Average Social Security benefits: $28,854

9. Mesquite, Nevada

  • Median household income: $69,146
  • Median single-family home value: $406,306
  • Annual cost of living: $48,562
  • Average Social Security benefits: $26,855

10. Englewood, Florida

  • Median household income: $61,734
  • Median single-family home value: $382,567
  • Annual cost of living: $47,686
  • Average Social Security benefits: $25,610

11. Murrells Inlet, South Carolina

  • Median household income: $71,019
  • Median single-family home value: $438,475
  • Annual cost of living: $49,996
  • Average Social Security benefits: $26,060

12. Pinehurst, North Carolina

  • Median household income: $102,917
  • Median single-family home value: $542,557
  • Annual cost of living: $57,335
  • Average Social Security benefits: $28,853

13. Oro Valley, Arizona

  • Median household income: $101,394
  • Median single-family home value: $525,380
  • Annual cost of living: $56,423
  • Average Social Security benefits: $29,587

14. Wildwood, Florida

  • Median household income: $68,121
  • Median single-family home value: $319,201
  • Annual cost of living: $42,621
  • Average Social Security benefits: $28,259

15. Sebastian, Florida

  • Median household income: $65,650
  • Median single-family home value: $362,710
  • Annual cost of living: $46,421
  • Average Social Security benefits: $23,019

16. Naples, Florida

  • Median household income: $135,657
  • Median single-family home value: $713,541
  • Annual cost of living: $69,932
  • Average Social Security benefits: $30,538

17. Middleburg Heights, Ohio

  • Median household income: $74,109
  • Median single-family home value: $279,112
  • Annual cost of living: $38,585
  • Average Social Security benefits: $23,154

18. Seven Hills, Ohio

  • Median household income: $91,975
  • Median single-family home value: $282,436
  • Annual cost of living: $39,049
  • Average Social Security benefits: $24,539

19. Lady Lake, Florida

  • Median household income: $46,694
  • Median single-family home value: $328,600
  • Annual cost of living: $44,328
  • Average Social Security benefits: $25,143

20. Centerville, Ohio

  • Median household income: $79,509
  • Median single-family home value: $329,817
  • Annual cost of living: $42,813
  • Average Social Security benefits: $25,906

21. North Myrtle Beach, South Carolina

  • Median household income: $69,792
  • Median single-family home value: $506,656
  • Annual cost of living: $54,861
  • Average Social Security benefits: $27,638

22. Golden Canyon, Arizona

  • Median household income: $83,654
  • Median single-family home value: $493,623
  • Annual cost of living: $55,036
  • Average Social Security benefits: $32,475

23. Tavares, Florida

  • Median household income: $54,271
  • Median single-family home value: $328,077
  • Annual cost of living: $44,351
  • Average Social Security benefits: $23,898

24. Kerrville, Texas

  • Median household income: $58,797
  • Median single-family home value: $354,444
  • Annual cost of living: $44,075
  • Average Social Security benefits: $21,751

25. Pahrump, Nevada

  • Median household income: $54,988
  • Median single-family home value: $350,128
  • Annual cost of living: $44,349
  • Average Social Security benefits: $23,592

26. Mountain House, Arkansas

  • Median household income: $42,281
  • Median single-family home value: $224,906
  • Annual cost of living: $34,449
  • Average Social Security benefits: $23,209

27. Greenville, Ohio

  • Median household income: $45,746
  • Median single-family home value: $159,902
  • Annual cost of living: $159,902
  • Average Social Security benefits: $19,574

28. Lyndhurst, Ohio

  • Median household income: $84,697
  • Median single-family home value: $225,429
  • Annual cost of living: $35,093
  • Average Social Security benefits: $22,809

29. Hermitage, Pennsylvania

  • Median household income: $66,922
  • Median single-family home value: $210,762
  • Annual cost of living: $34,178
  • Average Social Security benefits: $24,091

30. Ormond Beach, Florida

  • Median household income: $65,238
  • Median single-family home value: $399,777
  • Annual cost of living: $48,401
  • Average Social Security benefits: $22,946



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