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Miami ranks No. 7 best places to retire

by Stacy Carchman

Miami ranks No. 7 best places to retire

The metro Miami area ranked No. 7 in the top 25 places to retire in the U.S., according to a ranking by U.S. News & World Report. In fact, 13 of the top 25 cities in which to retire were in Florida. The other areas in Florida included: Sarasota (first place), Fort Myers (second place), Port St. Lucie (third place), Naples (fourth place), Ocala (sixth place) and Melbourne (10th place).

The report stated that Florida dominated the top spots due largely to “affordable homes, low taxes and high ratings for happiness and desirability.”

“After a prolonged period of staying at home, people are taking a critical look at where they live, and many are looking to find a place they can feel happier, afford more or pursue new opportunities,” said Devon Thorsby, the real estate editor at U.S. News, in a press release. “The Best Places rankings can help people examine the details they consider important in a larger community.”

This year, U.S. News increased the number of metropolitan areas evaluated for both sets of rankings from 125 to 150 for a broader more accurate reflection of where Americans want to live and retire. Some other areas that ranked in the final tally included three communities in Texas, and two places each in Michigan, North Carolina and Tennessee.

Many factors were taken into consideration in the methodology of the study, including happiness, affordability, health care quality, retiree taxes, desirability and job market.

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