If you’re interested in retiring in North Carolina, then opt for Hillsborough, NC. It has small-town charm, proximity to excellent healthcare, an affordable cost of living, scenic beauty and outdoor recreation, rich history and cultural appeal, and great senior living options, such as TerraBella Hillsborough.
The North Carolina Department of Commerce says 18% of North Carolinians are 65 or older, which is a 6% increase from 2000. This is projected to grow to 20% in 2030, and this is because there’s a huge draw for retirement here.
Those who think retiring in North Carolina is a good idea may want to do research first, especially if they’re not certain which city is right for them. We’ll show you why Hillsborough, NC, should be where you settle down in your golden years.
Is NC a Good State for Retirees?
Yes, North Carolina is considered a good state for retirees. In fact, it’s at the top of many lists, as there’s a low cost of living here, yet a high quality of life.
In addition, there’s a lot of natural beauty here. There’s everything from mountain towns and peaceful coastal communities to vibrant urban centers.
The state also has a mild climate. This makes it easy to do year-round outdoor activities, and older adults find it fun to stay active and healthy.
Seniors also enjoy retiring in this state because it doesn’t tax Social Security benefits.
Is Hillsborough, North Carolina, a Good Town to Live In?
Are you now wondering about NC retirement towns since the state seems excellent for seniors? Here are all the benefits of choosing Hillsborough, NC.
Small-Town Charm
Hillsborough offers the perfect small-town feel, especially with its historic downtown. There are many locally owned shops, cozy cafes, and art galleries, all of which you can spend hours leisurely strolling and browsing. Retirees are sure to appreciate the town’s slower pace of life, which lends to a peaceful and relaxed lifestyle.
There are plenty of opportunities for connection and engagement, too. For example, there are farmers’ markets and outdoor concerts.
Proximity to Excellent Healthcare
The best part about living in Hillsborough is that you’ll have access to high-quality healthcare. This town is home to UNC Hospitals Hillsborough Campus, which is part of the renowned UNC Health system.
If you need more advanced care, you’re just a short drive from Chapel Hill and Durham, where there are top-rated institutions like UNC Medical Center and Duke University Hospital.
Affordable Cost of Living
Payscale shows that Hillsborough, NC, has a cost of living that’s 6% higher than the national average, but that’s not much. Instead, think about the balance of affordability and quality of life, which makes it a city that allows for a budget-friendly retirement.
Keep in mind that North Carolina doesn’t tax Social Security income, which can help stretch your retirement money. And the state’s property taxes are among the lowest in the US, so it’ll be less of a financial burden to own property in this state if you wish.
Scenic Beauty and Outdoor Recreation
Hillsborough is nestled along the Eno River, and there are rolling hills all around this town, which makes it dreamy. There are ample opportunities for you to appreciate nature and outdoor activities, so you can indulge in wellness activities whenever you want.
Things you can do include:
- Kayaking
- Birdwatching
- Having a riverside picnic
Rich History and Cultural Appeal
Not only does Hillsborough have rich historical roots, but it also has a thriving arts scene. This is one of North Carolina’s oldest towns, so you can admire well-preserved architecture from the 18th and 19th centuries, as well as historic landmarks.
Other points of interest include:
- The Orange County Historical Museum
- Art galleries
- Local festivals
It’ll be easy to learn, explore, and support the arts in Hillsborough.
Great Senior Living Options
If aging in place in NC isn’t an option for you, then you may be searching for senior living communities. Well, you’re in luck, as TerraBella Hillsborough is here with assisted living and memory care services.
Whichever you choose, you’ll have an apartment to call your own. Don’t worry about chores, as we provide weekly housekeeping, as well as personal laundry and linen services, and professional home maintenance.
In our pet-friendly community, you can enjoy our amenities, which include:
- Live entertainment
- Wellness classes
- Scenic walking paths
- Private courtyard
- Community garden
Frequently Asked Questions
How Much Money Do You Need to Retire Comfortably in North Carolina?
To retire comfortably in North Carolina, the amount will differ from senior to senior. This is because not only do they have different lifestyle preferences, but they’ll also have varying healthcare needs and housing situations.
With that said, you may need between $55,000 and $70,000 per year ($4,583.33 to $5.833.33 per month) for a moderate lifestyle. If you want to travel, or if you’re living in a more expensive area, then you’ll need closer to $80,000 annually ($6,666.66 monthly).
Is It Cheaper to Retire in NC or SC?
In general, it’s slightly cheaper to retire in South Carolina than in North Carolina, but the difference isn’t huge for the two Carolina communities. Plus, North Carolina has a more diverse geography and more access to larger cities. Therefore, you’ll get a better balance of affordability, healthcare access, and cultural amenities in North Carolina.
Where to Live in NC to Avoid Hurricanes?
If you want to retire in NC but avoid hurricanes, then the safest areas are inland and in the western part of the state, away from the Atlantic coast.
This means that Hillsborough is a great location to choose. Although storms do still make it over here, they’re not as strong.
Retiring in North Carolina Can Be Fantastic
Is retiring in North Carolina on the cards for you? Then, senior living in Hillsborough is what you want.
This town has charm, and there are many outdoor activities to enjoy in the mild climate. Add in the affordability, and the fact that TerraBella Hillsborough is here, and it’s the perfect combination for an outstanding retirement.
TerraBella Hillsborough gives our memory care residents personalized care and 24/7 support to ensure they’re comfortable and secure. Contact us today to hear more about pet-friendly senior living in Hillsborough, NC.
