Batesville named one of the top 5 best places to retire

0
809

A new study from SmartAsset.com entitled the 10 best places to retire in Arkansas ranks Batesville in the top five.

Hot Springs Village topped the financial technology’s website study with Mountain Home, Pocahontas, Batesville, and Greenbrier rounding out the top five.

To find the best places to retire, the website noted it ” …looked at state and local tax rates, considering two types of taxes: income and sales. We calculated effective rates based on a typical retiree, earning $35,000 annually (from retirement savings, social security or part-time employment), and spending their disposable income on taxable goods. Next, we determined the number of doctors’ offices, recreation centers and retirement centers per thousand residents in each area. Finally, we found the number of seniors in each area as a percentage of the total population.”

In our final analysis, we ranked each county and city on these three factors, and calculated an average ranking for each area, weighing the three factors equally. The areas with the lowest average ranking are the best places to retire.”

To read more, click here.

SmartAsset.com.pngAbove image via SmartAsset.com / Featured image of Batesville via Arkansas.com

Get up-to-date local and regional news along with the latest weather every weekday morning by listening to Gary B. and Ozark Newsline on Arkansas 103.3, 93 KZLE, and other W.R.D. Entertainment radio stations. If you have a news tip or event to promote, email White River Now at news@whiterivernow.com.

Leave a Reply