Overall
Kentucky is a state with many great retirement towns, including several that have been certified as retirement communities. Kentucky offers very good value for your retirement dollar - real estate and the cost of living is lower than most other states. Yet the recreational activities are exceptional in this beautiful state with ready access to the Appalachians.
This site will some basic facts about retirement to the best places in Kentucky.
Climate
The Kentucky climate is characterized as humid sub-tropical. Summers are hot and humid and winters are milder than in
states further to the south. In mountainous areas the climate can be quite different than in lower areas.
Per Capita Income
In 2004 the KY per capita income was almost $28,000, which put it in the lowest third of all states. This statistic means that the cost of living is relatively low.
Taxes
The Kentucky top marginal income tax rate is 6%. Sales tax is 6%.
Certified Retirement Communities
Kentucky has a list of 8 certified retirement communities chosen in its certified retirement communities program. The eight include: Glasgow, Danville, Campbellsville, Madison, Maysville, Murray, Morehead, and Richmond.
Best retirement communities
Some cities and towns in Kentucky are extremely popular as retirement communities. Some are located near very large man-made lakes, while others are identified as college towns.
- Berea - One of the fastest growing towns in America, Berea also one of the most unusual small towns in the south. It was was founded by abolitionist missionaries in 1853. They established Berea College,where tuition is free - but students must work. Arts and crafts are very big in Berea.
- Bowling Green - A delightful college town of about 52,000 in southwest Kentucky is about an hour's
drive north of Nashville. Bowling Green has been cited by Forbes
Magazine (Best Small Places to Do Business) as well as making a list of
the 2007 “Top Ten Value Towns” for retirees.
Murray - Situated near one of the biggest man-made lakes in the country, Paris offers low-cost living, a great climate, and unlimited recreation. Murray State University, a top institution, makes this a delightful college town.
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