Cleveland
5 Ohio cities make Best Retirement Towns for Middle Class list
D.Brown25 min ago
When it comes to retirement, most people think of Florida, Arizona and other southern, sunny locations to plant their roots. But what about Ohio? The Buckeye State is home to five of the best retirement towns in the U.S. for the middle class, according to a report from GoBankingRates.com. The report, " The Best Retirement Towns for the Middle Class in 2024, " ranked the top 30 towns for middle class retirees to live in based on a number of metrics, including annual cost of living, median household income, average home value and average social security benefits. The five Ohio cities to make the list of top 30 are No. 17 Middleburg Heights, No. 18 Seven Hills, No. 20 Centerville, No. 27 Greenville and No. 28 Lyndhurst. What's more, Greenville, Ohio - located about 50 minutes northwest of Dayton - has the lowest overall annual cost of living of all the cities on this list, at $30,173.More stats about the Ohio cities in the top 30: Household median income: $74,109 Single family home average value: $279,112 Annual cost of living: $38,585 Average Social Security Benefits: $23,154 Household median income: $91,975 Single family home average value: $282,436 Annual cost of living: $39,049 Average Social Security Benefits: $24,539 Household median income: $79,509 Single family home average value: $329,817 Annual cost of living: $42,813 Average Social Security Benefits: $25,906 Household median income: $45,746 Single family home average value: $159,902 Annual cost of living: $30,173 Average Social Security Benefits: $19,574 Household median income: $84,697 Single family home average value: $225,429 Annual cost of living: $35,093 Average Social Security Benefits: $22,809
Read the full article:https://www.cleveland.com/news/2024/11/5-ohio-cities-make-best-retirement-towns-for-middle-class-list.html
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