Ready to choose a new city for your retirement? Look no further than Greensboro, NC. According to rankings from U.S. News, Greensboro is among the top 50 best places in the US for retirees to settle – and it’s easy to see why. The city is nicknamed the “Gate City” because of how close it is to all the major cities in North Carolina. You can head to the Blue Ridge Mountains for a day, or you could head east for the coast to enjoy a beach weekend. In Greensboro, you’re never too far from where you need or want to go. Greensboro also gets four distinct seasons, which means you can enjoy brisk falls, fresh springs and hot summers each and every year. 

Need more convincing? Read on to find out more about why Greensboro is the idyllic choice for retirees looking to enjoy their Golden Years:

Big City Amenities, Small Town Feel

The day to day vibe of Greensboro is perfect for just about any retiree. The city is big enough to have everything you need while still being small enough for you to regularly run into folks you know. Do you want a big night out? There’s plenty of restaurants, bars and entertainment for you to enjoy. Would you rather keep things quiet? The city is home to nearly 200 beautiful public parks and gardens to stroll through and relax. 

Particularly amazing highlights include Weatherspoon Art Museum, Greensboro Science Center, the Antique Marketplace and the Tanger Family Bicentennial Garden. 

Greensboro is Affordable for Retirees

If you’re concerned about money in retirement, you are definitely not alone. Luckily, Greensboro is super affordable for retirees – especially when it comes to real estate. According to the National Association of Realtors, the median home sold price in Greensboro is $195,000 – which is far below the national average of $234,900. Overall, accounting for factors like food, transportation and utilities, the cost of living in North Carolina is 1.7% below the national average.

Additionally, the tax environment in the state of North Carolina is really friendly for retirees. North Carolina exempts all Social Security retirement benefits from income taxes, while other forms of retirement income are taxed at the state’s flat income tax rate of 5.499%. The state’s property and sales taxes are both in line with the national average, and both prescription drugs and medical devices are exempt from sales tax, which is great news for retirees who ultimately have changing and more complex health needs. As a bonus, seniors may be eligible for a property tax break under homestead exclusion. Your real estate agent can help you determine your eligibility.  

Greensboro is Home to Different Senior Living Options

Maybe, during your house hunting journey, you decide that buying a home isn’t the best choice for you. That’s totally okay! There are many different senior living options for you to choose from in Greensboro. Each one has distinct benefits for people that have different preferences and circumstances.

If managing an entire house is too much for you, but you’d like to remain independent, you can consider an active adult living community. These “55-plus communities” are safe neighborhoods designed especially for retirees. Management in these communities handles all the home maintenance issues while you can kick back and relax. Retirement communities often offer different amenities for you to maximize your retirement – including pools, fitness centers, arranged transportation and senior happy hours. 

There may come a time when you will need help with activities of daily living, including medication management, bathing or dressing. If you think this will be you, then an assisted living facility could be the best living option for you. There are 17 assisted living facilities in Greensboro and 26 in surrounding areas for you to choose from. Your real estate professional can help you choose what’s right for you. 

Ready to Commit to Greensboro?

Convinced? Contact DeDe’s Real Estate Group today to get started on finding your dream home in Greensboro for your retirement. We are dedicated to ensuring your home buying experience is smooth, enjoyable and as easy as possible. Call today!


Barbara Thompson
Senior Care Advocate

 

Image Credits: iStock/Kruck20