Advertisement
retirement

Columbus, Ohio: A Great Large City for Retiring in Good Health

Would-be residents will find a walkable city with a variety of affordable housing options.

Population: 850,106

Cost of living: 90.5 (national median = 100)

Median home price: $144,900 (national median: $185,000)

Healthy highlight: Wallace Gardens community garden plots

Although Grandview Heights is just minutes from downtown Columbus, this small city (population 7,300) has a distinctly small-town vibe. Many of the town's Arts-and-Crafts-style homes have big front porches, which means people know their neighbors, says Teri Alexander, a certified financial planner and longtime resident. Most neighborhoods have sidewalks, and the town's small size—about 1.3 square miles—and mix of commercial and residential buildings throughout the city make it easy to get places without a car. "It was meant to be walkable," says Ray DeGraw, the city's mayor for the past 13 years. Local businesses include an in­dependent bookstore and record store, along with a wide assortment of nonchain restaurants. Grandview is also a hotbed of microbreweries, with at least half a dozen places to sip some suds.

Advertisement - Article continues below

Homes here are more expensive than they are in other parts of the Columbus area. Condos are available for about $200,000, and prices for historic single-family homes with three or more bedrooms range from $355,000 to more than $500,000.

The Ohio State University Hospital System, less than three miles from Grandview Heights, includes the Wexner Medical Center, a 900-bed hospital that offers specialties in critical care, organ transplant and rehabilitation. The hospital system also includes the James Cancer Hospital, with more than 200 oncologists.

Other Columbus attractions a short drive from Grandview Heights include the newly renovated Columbus Museum of Art, the Franklin Park Conservatory and Botanical Gardens, and the German Village and Brewery District.

Ohio exempts Social Security benefits from state taxes. Other retirement income is taxable, but retirees can claim a tax credit of up to $200.

Advertisement
Advertisement

Most Popular

7 Surprisingly Valuable Assets for a Happy Retirement
happy retirement

7 Surprisingly Valuable Assets for a Happy Retirement

If you want a long and fulfilling retirement, you need more than money. Here are the most valuable retirement assets to have (besides money), and how …
August 3, 2020
Turning 60 in 2020? Expect Lower Social Security Benefits
Coronavirus and Your Money

Turning 60 in 2020? Expect Lower Social Security Benefits

When you file for Social Security, the amount you receive may be lower.
July 30, 2020
How a Second Stimulus Check Could Differ from Your First One
Tax Breaks

How a Second Stimulus Check Could Differ from Your First One

The HEROES Act, which was passed by the House in May, would authorize a second round of stimulus checks. While the new payments would be similar to th…
July 22, 2020

Recommended

12 Cheapest Small Towns in America 2020
real estate

12 Cheapest Small Towns in America 2020

Affordable small towns aren't necessarily the best places to live for everyone, but each cheap small town on our list has its charms.
August 6, 2020
5 Great Places to Buy a Vacation Home
buying a home

5 Great Places to Buy a Vacation Home

With remote work on the rise, more people are looking for a permanent getaway.
July 30, 2020
Timely Reasons to Buy a Vacation Home
Smart Buying

Timely Reasons to Buy a Vacation Home

With remote work on the rise, more people are looking for a permanent getaway.
July 30, 2020
13 Tax Breaks for Homeowners and Home Buyers
income tax

13 Tax Breaks for Homeowners and Home Buyers

Owning (or buying) a home is expensive. But at least there are some tax deductions, credits, and exclusions that can help you recoup some of those cos…
June 22, 2020