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Retire in Illinois - active adults 55+
Overall
If you have been looking to retire in Illinois we have the information to help you make a better choice. This website will give you useful data and opinions about the best places to retire in Illinois, including the leading active adult retirement communities. This mid-western state had over 12.9 million people in 2008. It combines one of America's largest cities - Chicago - along with some unspoiled farming regions. The Wikipedia entry for Illinois has more facts.
Illinois Climate
The Illinois climate is called humid-continental. There are 4 seasons. Summers are hot and winters are cold with frequent snowstorms. The southern part of the state is considerably warmer.
Economy
Illinois's 2007 median income at just over $54,100 is slightly higher than the United States average. Median home prices are similar to those in most of the U.S.. In 2009's 2nd quarter the median home in the Chicago/Naperville Metro sells for $204,300 vs. the national median of $174,100. In the Champaign /Urbana area the median home goes for $141,000.
Illinois Taxes
Illinois has one of the lowest income tax rates with a flat rate of 3%. State sales tax is 6.25%; local governments also sometimes charge sales tax. Cigarette taxes are about average and gasoline taxes higher than average. Total tax burden in Illinois is 30th in the nation, so the state is slightly more tax friendly than average. A very good thing for retirees is that pensions and social security income is not taxed at the state level. For more information see this IL Tax Guide.
Certified Retirement Communities
Illinois does not have a certified retirement community program.
Best places to retire in Illinois
Illinois can be a great state for active adults and people over 50, depending on your interests. Choose from Illinois retirement communities that are popular with active adults over 55 near its larger cities of Chicago, Peoria, or Joliet. Or choose a smaller town such as Galena, one of America's most charming small towns, and located on a huge bay of Lake Michigan. Galena at one time was bigger than Chicago, but now has fewer than 10,000 inhabitants! Champaign/Urbana is a top college town known as a cultural oasis. A number of active adult and 55+ communities have been built in the Elgin area.
At Topretirements.com our job is to provide the objective facts and peer-reviewed profiles to help you find the best community for you. So if you are considering an Illinois retirement, check out the listings on this site. Here is more inside information on retirement living communities in the neighboring states to help you retire in Michigan, Ohio, Tennessee, Kentucky, Pennsylvania, and Arkansas. These links provide insight and data into economic conditions, climate, top communities, and taxes.
Get started with reviews of the best retirement communities.
Click on the Illinois Retirement Community reviews on the right. Or to find other state guides to retirement or more on types of retirement communities
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