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Overall
If you have been looking to retire in Michigan we can help you make an informed choice.
This website will give you useful data and opinions about the best places to retire in Michigan, including the top active adult retirement communities.
This mid-western state had just over 10 million people in 2006. It has several large cities such as Detroit, many mid-sized cities like East Lansing, and the sparsely inhabited and very wild Upper Peninsula (UP). Michigan is surrounded by 4 of the 5 Great Lakes and reportedly has the longest fresh water coastline in the world.
The Wikipedia entry for Michigan has more facts.
Michigan Climate
The Michigan 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 a bit warmer, and the UP is notorious for frigid weather.
Economy
Michigan's per capita income at just under $32,000 is about equal to the United States average. Median home prices are quite less expensive than in rest of the U.S. The median home in the Grand Rapids Metro sells for $136,400 vs. the national median of $220,000 and the cost of living index there is 87 (national index is 100). In the Battle Creek area the median home goes for $124,100 and the cost of living index is 84. Wealthy suburbs around Detroit such as Grosse Pointe can be more expensive.
Michigan Taxes
Michigan has one of the lowest income tax rates at 3.9%. State sales tax is 6%. Total tax burden in Detroit is among the highest of all large cities at 10.5%.
Certified Retirement Communities
Michigan does not have a certified retirement community program.
Best retirement communities in Michigan
Michigan can be a great state for active adults and people over 50, particularly if they like living in a college town like East Lansing, Ann Arbor, or Ypsilanti. Active adults who enjoy living near a lake will find many great retirement communities such as beautiful Charlevoix or the popular tourist town of Holland.
Topretirements will be profiling other Michigan towns that make great retirement communities in the coming months.
At Topretirements.com our job is to provide the objective facts and peer-reviewed profiles to help you choose the right retirement community. So if you are considering an Michigan 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 Illinois, Ohio, Tennessee, Kentucky, Pennsylvania, and Arkansas. These links provide insight and data into economic conditions, climate, top communities, and taxes.
Free eBook - Baby Boomers Guide to Selecting a Retirement Community - 16 Factors
Download this free eBook and use its fun exercises to help you find your perfect active adult retirement community.
Get started with reviews of the best retirement communities.
Click on the Michigan 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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