Georgia Best Places to Retire - A Guide
If you are thinking of retiring in Georgia, you can find the best places to retire in Georgia on this website. The Peach State, population just over 10 million, is one of the most popular states for active adults in retirement. It has a mild climate in winter and many towns and cities that cater to retirees. Cost of living is below average, and there is plenty of the southern charm and history that is famous around the world. The Wikipedia entry for Georgia has more facts.
Bridge near Augusta, Georgia
Best retirement communities in Georgia
Active adults over 55 will find Georgia communities that will welcome them.
You can live near the Ocean on a barrier island
- like St. Simons
- a college town like Athens
- riverside in Augusta
- - lakeside Gainesville
- in a downstate, Florida-like town like Thomasville.
- a small town in the mountains like Blue Ridge.
- Griffin, which was the set for "Driving Miss Daisy"
- Bustling Atlanta is not only an interesting retirement city
- Scenic and peaceful Lake Lanier offers a laid back retirement for those who like living on or near one of the biggest lakes in the country.
Georgia is home to many active adult communities. At Topretirements.com our mission is to provide the objective facts and peer-reviewed profiles to help you choose the best community. So if Georgia is where you will retire, check out the listings on this site.
The Georgia climate is called humid-sub-tropical. Summers are hot and humid and winters are mild.
Economy and Real Estate Prices
Living in Georgia is less expensive than many other states. Per capita income at $25,000 is $3000 under the national average. Statewide, the value of a home in early 2016 averaged $142,700 (Zillow.com), well under the national average. Median home prices can differ widely by area. In Atlanta the median home selling price in 2015's 3rd quarter was $178,900 (although the range is huge with many houses selling for high prices). Cost of living in Atlanta was 90, below the national average of 100.
Georgia Taxes for retired people
Tax Burden: Georgia has become very tax friendly for retired people. Total state and local tax burden in Georgia was 16th lowest in the nation in 2011.
Marginal Income Tax Rates. Georgia top marginal income tax rate is 6.0% (which kicks in at a low $7,000), the lowest is 1%.
Retirement Income Exemptions. Retirement income for people over 62 is exempt up to $35,000 per person and $65,000 for those over 65. (See Governor signs relief for retired people) and GA Retirement Income Exclusion. This exclusion might even become higher in 2016.
Social security exemption. Social security income is exempt.
Sales Tax: State sales tax is 4.0%, although some cities have additional sales taxes.
Property Taxes: Property tax collections are below the national average.
Homestead Exemption. There are a variety of property tax homestead exemptions at the state and local level, based on income and age.
Estate and/or Inheritance Taxes. There is no inheritance tax.
Certified Retirement Communities
Georgia does not have a certified retirement community program.
Here is more inside information on retirement living communities in the neighboring states of retire in Florida, North Carolina, South Carolina. These pages provide insight and data into economic conditions, climate, top communities, and taxes.