If you are finding plenty of work with clients who are looking for a place to retire, you may find it even easier if you live in one of the best cities for retirement.
A recent CNBC report detailed the best cities for retirement in states with no income tax. This includes seven states with no personal income taxes on wages, earnings or investment income.
The CNBC report focused on a GOBankingRates study, which identified the best cities to retire in each of those states.
The seven states without income tax include Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming.
According to the report, Juneau is the best city in Alaska, with 8.4 percent of the population age 65 or older. The median rent per month is $1,838 and utilities are $295.
In Florida, Tampa is the place to retire. The Sunshine State remains an attractive retirement locale for the 65-and-over crowd. According to the report, 11 percent of the population is over 65. The median rent is $1,512 and utilities are $125.
Nevada’s retirement hot-spot is in Henderson, with 14 percent of the population in the 65-and-over category. Nevada’s climate and the city’s proximity to Las Vegas are attractions. Median rent is $1,500 monthly and utilities are a cool $100.
San Antonio is the place to retire in Texas, with 10.4 percent of its population over 65. The median rent per month is $1.450 and utilities are $130.
Retiring in Washington? The Pacific Northwest has plenty to offer and Spokane is the place to head, where 12.8 percent of the population is more than 65, median rent is $1,250 and utilities are $120.
If the natural beauty of Wyoming is appealing, then Casper is the city. A total of 12.9 percent of the population falls in the 65-and-over category. Median rent is $1,050 and utilities are $121 a month.
Agents working in these markets find themselves in an enviable position as the demographic of baby boomers hitting retirement age continues to grow.
