Batesville, IN—Batesville ranked as number 3 on the best places to live as a retiree according to a survey conducted by SmartAsset. A happy, healthy retirement depends a lot on location. To find the best places to retire, SmartAsset gathered data on three separate regional factors that affect the quality of life for retirees.
First, they looked at state and local tax rates, considering two types of taxes: income and sales. they calculated effective rates based on a typical retiree earning $35,000 annually (from retirement savings, Social Security or part-time employment) and spending their disposable income on taxable goods.
Next, they determined the number of doctors’ offices, recreation centers and retirement centers per thousand residents in each area.
Finally, they found the number of seniors in each area as a percentage of the total population.
In the final analysis, they ranked each county and city on these three factors. Then calculated an average ranking for each area, weighting the three factors equally. The areas with the lowest average ranking are the best places to retire.
Madison came in 10th in the state and Munster came is as the number 1 place to live as a retiree.
