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"A recent GOBankingRates' study ranked Hot Springs Village, Arkansas, one of the safest and wealthiest places to retire in the South-and in the U.S. in general. The small community, located 50 miles west of Little Rock, ranked second after Pinehurst, North Carolina. There are quite a few reasons to make the move to Hot Springs Village, following your retirement. It boasts nine golf courses, 15 tennis courts, 12 lakes, and over 30 miles of trails, making it a haven for outdoor enthusiasts."
"A majority of its population-nearly 60 percent of the 16,500 full-time residents-is 65 and over, and the average retirement income before Social Security is $38,156. The percentage of households that pay under 30 percent for housing costs is 77.6 percent, and the property crime rate and violent crime rates are 1.89 and 0.88, respectively. If you look at Hot Springs Village outside of the study's findings, however, you'll see that it isn't one of the most affluent communities in the U.S.It was recently named the best place to retire with little to no savings, and the average home value is just north of $300,000."
Hot Springs Village is a small community 50 miles west of Little Rock with about 16,500 full-time residents. Nearly 60 percent of residents are 65 or older. The community offers nine golf courses, 15 tennis courts, 12 lakes, and over 30 miles of trails that support active outdoor lifestyles. Average retirement income before Social Security is $38,156. Seventy-seven point six percent of households pay under 30 percent of income for housing costs. Property crime rate is 1.89 and violent crime rate is 0.88. Average home value is just north of $300,000, reflecting affordability rather than extreme wealth.
Read at Travel + Leisure
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