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What are the
Benefits of an Urban Retirement?
Most surveys report that many
people want to retire in a small town or rural location.
Yet an urban retirement has benefits, too. It is
true that cities are usually more expensive than small
towns, and cities sometimes have a higher crime rate
than less populated areas, but they generally have a
bounty of amenities - theater, museums, movies,
shopping, sporting events, etc. - that smaller towns
cannot match. Health
care facilities are often more sophisticated; dining
options are usually more varied and transportation
options are generally more in-depth than in small towns.
And residents usually come from a wide
socioeconomic spectrum, creating an interesting tapestry
of cultures and viewpoints.
So while small towns and rural spots have a lot
to offer and always will, cities are worth a look at
retirement time, too.
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San Jose Population: 975,000
| Percentage Age 45 or Better: 35%
| Cost of Living: 73% Above U.S.
Average | Crime Rate: Meets
U.S. Average
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The Villages
San Jose, California
95135 (408)
270-4400
Condominiums, town homes
and a few single family homes
(and a few rentals)
Age
Restriction: 55+
Priced from $130,000 to
$700,000s
Web
Site
27 holes of golf, riding
stables, 550 acres of open
space, recreation director,
100+ clubs
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California Stats:
Population, year 2009 estimate - 36,961,664
Persons 65 years old and over, year 2009 - 11.2%
High school graduates, percent of persons age 25+, year 2000
- 76.8%
Bachelor's degree or higher, pct of persons age 25+, year
2000 - 26.6%
Persons of Hispanic or Latino origin, percent, year 2009 -
37.0%
White persons, not Hispanic, percent, year 2009 - 47.1%
Median household income, year 2008 - $61,078
Social Security taxed? No
Source: U.S. Census Bureau
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