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Saratoga Springs, New York

What It Is Like to Retire in Saratoga springs

Saratoga Springs, also known as Saratoga, is one of the more interesting towns in New York, if not the country. For one thing, it is best known for the Saratoga Race Course which opened on August 3, 1863. This thoroughbred track is the oldest continuously-operating sporting event of any kind in the United States. Many race regulars come here to this town on the west bank of the Hudson for the summer racing season. Saratoga is also home to 2 colleges, Empire State and Skidmore. The city has a number of cultural and recreational institutions, with more than 20 golf courses in the area. The area is also justly famous for its mineral springs, where people have historically come to take the waters. Superhorse photo courtesy of Wikipedia and Adam E. Moreira. Photo of downtown condo development courtesy of Barry Potoker.

Where to Retire in Saratoga springs and Home Prices

The city has many historic neighborhoods. The median home value was $364,943 in early 2020, according to Zillow.com.

What Is Special about Saratoga springs

The Saratoga Race Course is one of the top racing scenes in the world, culminating in the Travers Stakes. Its history of its mineral springs going way back into the 1800's makes this a special place - springs are still prevalent throughout the town. During the season the town is extremely busy. Crime is low.

What Is Not Special about Saratoga springs

Real estate prices are fairly high, as is traffic during the summer season. Winters are cold.

Who Will Like Retirement in Saratoga springs

People who want to live in a vibrant, historic town and enjoy horse racing will love it here.

Local Economy Is Driven by

Saratoga has a low unemployment rate thanks to the 2 colleges, the racetrack, and a busy tourist season. It is also home to some major companies including Quad Graphics and Stewarts.

Climate and Physical Environment

Saratoga Springs is in eastern New York, just north of Albany and 20 miles from Schenectady. The average Jan temp is about 20 degrees and the average July temp is 70 degrees.

Restaurants & Cultural Scene

The Saratoga Performing Arts Center (SPAC) is a covered outdoor amphitheater located on the grounds of the Saratoga Spa State Park. a. SPAC is the summer home of the Philadelphia Orchestra and the New York City Ballet. There is the Spa Little Theater as well as several museums. Those include the National Museum of Dance and Hall of Fame, and the National Museum of Racing and Hall of Fame. The city is also notable for its vibrant night life, of which Caffè Lena has seen many big performers, including Bob Dylan.