Athens is one of the most popular cities in Georgia. The city has a fantastic music scene with artists like R.E.M., Drive-By Truckers, and Neutral Milk Hotel, as well as a booming technology industry thanks partly to the University of Georgia. It has been considered one of the top places to retire for years. But what exactly makes retirement in Athens, GA such a popular city for retirees? Let’s take a look at some of the reasons why this Southern town attracts so many older adults!
Arts and Leisure
Athens is a city of art and music. The thriving art scene includes the Georgia Museum of Art, which houses an impressive collection of contemporary art as well as traditional pieces from ancient Greece. A lot of Athens’s arts are focused on theater, including the Elephant Theatre Company, which features plays that rotate throughout the year.
Home Prices
The average home price in Athens is $211,000, which is very affordable for retirees who want to live on a budget. The good thing about these prices is that they aren’t decreasing or increasing significantly and have remained relatively stable since last year.
This makes it easier for retirees to plan their finances because they know what they’ll be paying each month when it comes to housing costs.
Weather
Athens weather is among the best in the U.S. It’s mild, with an average of around 80 degrees Fahrenheit in winter and about 70 in summer. It rains less than most other places—averaging just under 30 inches per year—and generally doesn’t get too hot or too cold, meaning you can even enjoy your retirement year-round. Plus, if you’re looking for a little more winter chill, there are plenty of spots nearby, like North Georgia, that offer skiing and snowboarding opportunities during the colder months!
Cost of Living
The cost of living in Athens, GA, is lower than the national average. This means that you can live there on a budget, and it will be easier to afford your basic expenses. It’s also lower than other cities in Georgia. For example, if you live in Atlanta and want to move to Athens because of its low costs, you could save thousands each year!
Taxes
Taxation is an essential factor in any retirement plan. Taxes are lower in Athens than in most other cities, and this can be attributed to several factors. Firstly, there is no sales tax in the city of Athens. The lack of a state sales tax makes it possible for you to save money on the things you purchase daily. Property taxes are also low compared to other cities within Georgia and throughout the United States. This makes your home more affordable when comparing costs with other areas where you might consider retiring as well as making it easier to budget your expenses each month without overspending due to high property taxes on top of everything else that needs paying off each year! Finally, income tax rates are also lower than average: adult residents pay between 4% and 6%, while non-residents pay anywhere between 3% – 7%. Thus, if you’re looking for cheap living conditions while enjoying all those special amenities which make Athens such a great place, then perhaps now would be a good time to think about moving here yourself!
Conclusion
There are many reasons why Athens, GA, is a great place for retirees. It has good weather, a low cost of living, and plenty of activities to keep you busy.
We hope this article has helped you decide if Athens is suitable for you or not! If so, please contact us today, and let’s start planning your retirement adventure together!
