Is North Carolina a good state to retire in? It is, because there’s a mild and comfortable climate, excellent healthcare access, affordable cost of living, and a variety of lifestyle options. There’s also TerraBella Hendersonville in Hendersonville, NC, which offers exemplary senior living services.
According to Axios, the population aged 65 and up in North Carolina grew by 15.1% between 2020 and 2024, making it one of the states with the fastest-growing population of seniors in the nation. The state’s budget office also predicts that the older adult population will double by 2040.
Clearly, there’s a strong draw for seniors to spend their later years in this state, especially in Hendersonville, NC. But in reality, is North Carolina a good state to retire in?
Is North Carolina a Good State to Retire In?
Yes, we certainly believe it is! Here are the reasons why.
Mild and Comfortable Climate
Weather Spark shows that North Carolina has hot summers and cold winters. But what’s best is that the state experiences all four seasons without extremes. For example, coastal regions like Wilmington have mild winters and warm summers, while mountain areas around Asheville provide cooler temperatures, as well as beautiful fall foliage!
The overall mild weather allows seniors to stay active all year round. You can indulge in your favorite outdoor activities, such as golfing, hiking, and gardening.
The weather is better for your health, too, especially if you have arthritis or respiratory conditions.
Excellent Healthcare Access
High-quality healthcare is probably one of your top priorities, and luckily, you’ll get it in North Carolina. There are nationally recognized medical centers here, such as:
- Duke University Hospital
- UNC Health
- Wake Forest Baptist Medical Center
These are all known for their advanced care and research, and seniors will have access to specialists, innovative treatments, and comprehensive senior health programs.
Affordable Cost of Living
The cost of living in North Carolina is on par with the national average, but if you choose the right location, you can save some money. In addition, there are reasonable housing prices, so you won’t have to spend a fortune to have a roof over your head.
Do note that healthcare is slightly higher than the national average here, but if you’re financially prepared, it shouldn’t be a big deal.
Variety of Lifestyle Options
Earlier, we mentioned that the state goes through all four seasons. In addition, there’s an exceptional range of lifestyle choices here. For example, there’s anything from peaceful mountain retreats to lively urban centers.
There are also larger cities like Raleigh and Charlotte, where older adults can enjoy cultural attractions, dining, and entertainment. But if you’d rather get in touch with nature in a more peaceful setting, then you can choose the Outer Banks or the Blue Ridge Mountains.
For retirement in western NC, there’s Hendersonville. You’ll have great access to Tennessee, and there’s plenty to do in this city.
Reputable Senior Living Communities
If you want to retire near Asheville, then one of the retirement towns with care is Hendersonville. We have two senior living options: assisted living and memory care.
Whichever you choose, you’ll get your own private apartment where you can relax in your routines. When you want to stretch your legs, you can enjoy our amenities, which include:
- Arts and crafts studio
- Well-stocked library
- Multifunction game room
- Private courtyard and community garden
- Scenic walking paths
- Live entertainment
We also take our residents out on regular excursions, so you’ll get to explore Hendersonville and beyond.
What Benefits Do Seniors Get in North Carolina?
Seniors in North Carolina have access to several government benefits that can help with financial stability, as well as healthcare access. For example, you can get assistance through programs like:
- Social Security
- Medicare
- Homestead Exclusion
- Circuit Breaker
If you qualify for these programs, then it can be easier to manage your living expenses and maintain a comfortable standard of living in your golden years.
How Much Money Do You Need to Retire Comfortably in North Carolina?
The amount you’ll need will depend on where you live, as well as your lifestyle and healthcare needs. In general, you should aim for $4,500 to $5,500 per month to be comfortable.
Of course, the more you have saved up, the better prepared you’ll be for any unexpected things, such as health issues or injuries.
Frequently Asked Questions
Is North Carolina a Tax-Friendly State for Retirees?
Yes, North Carolina is a tax-friendly state for seniors. What’s great is that the state doesn’t tax Social Security retirement benefits, so this helps stretch your money further.
Do note that other forms of retirement income (such as pensions or withdrawals from 401(k) and IRA accounts) are subject to the flat state income tax rate.
If you want to own property in North Carolina, the taxes are moderate. And if you meet income and age requirements, you can qualify for property tax exemptions or deferments. Plus, there are no estate or inheritance taxes, so you can preserve more of your assets for your children and future generations.
Overall, the state’s tax structure is favorable for older adults.
Is North Carolina a Republican or Democratic State?
North Carolina is considered a “swing state,” which means that it’s politically mixed. So depending on the election, it can lean Republican or Democrat.
According to 270 to Win, in recent years, the state has narrowly voted majority Republican, with 2008 being the single year it’s voted Democrat. But do note that in urban areas, they tend to vote Democrat.
This means that it’s likely that you’ll find a community that aligns with your political and social preferences.
Come Spend Your Golden Years in North Carolina
Now you know the answer to the question, “Is North Carolina a good state to retire in?”
It’s clearly a fantastic state to be a retiree, and senior living in Hendersonville, NC, is excellent because TerraBella Hendersonville is here. We’re dedicated to making your golden years the best with our wonderful services and kind staff members.
At TerraBella Hendersonville, we have a well-stocked library where residents can borrow numerous books and keep up with mental stimulation. Get in touch with us now to get more information about senior living in Hendersonville, NC.
