Money Magazine Rates Prescott in Top In USA To Retire in 2008

Prescott, Arizona in top five cities to retire to!

Prescott, Arizona
 
Population: 40,400
Maximum income tax: 5% on income over $150,000
Sales tax: 8.3%
Typical three-bedroom house: $390,000
Est. property tax: $3,700
Prescott attracts retirees who enjoy being outdoors, with more than 6 golf courses, and the Prescott National Forest, which offers 450 miles of trails among acres of ponderosa pine. There are outdoor events on the lawn of Courthouse Plaza; saloon-style bars and restaurants that line historic Whiskey Row; and plays at the Prescott Fine Arts Association. Other pluses: three hospitals, a recently expanded library and a new adult center opening this fall. Housing prices are on the high side, but property taxes are relatively low and seniors enjoy some state breaks.
 

 

Taxes
  City stats
State income tax rate
(highest bracket)
5.04%*
State income tax rate
(lowest bracket)
2.87%*
Retirement tax break from state? Yes
State property taxes Below average
Sales tax 8.35%
State gas tax
(cents per gallon)
18.0
Housing
  City stats
Median home price $273,826
Home price gain
(2004-2005)
23.42%
Financial
  City stats
Median household income
(per year)
$37,869
Auto insurance premiums
(Average for the state)
$2,588
Quality of life
  City stats
Air quality index
(% of days AQI ranked as good)
75.7%
Personal crime risk
(100 is nat'l average; lower is better)
78
Property crime risk
(100 is nat'l average; lower is better)
106
Personal crime incidents
(per 100,000)
n/a
Property crime incidents
(per 100,000)
n/a
Leisure and culture
  City stats
Movie theaters
(within 15 miles)
3
Restaurants
(within 15 miles)
263
Bars
(within 15 miles)
30
Public golf courses
(within 30 miles)
10
Libraries
(within 15 miles)
10
Museums (accredited by AAM
within 30 miles)
1
Colleges, universities and professional schools n/a
Ski resorts (within 100 miles) 0
Weather
  City stats
Annual precipitation
(inches)
19.19
Clear days 162
High temp in July ° F 88.3°
Low temp in Jan ° F 23.3°
Health***
  City stats
Hospitals
(within 30 miles)
6
Doctors 149
Body mass index
(avg. for residents)
n/a
Cancer mortality
(per 100,000, age-adjusted)
n/a
Cardiac mortality
(per 100,000)
n/a
Meet the neighbors
  City stats
Median age 46.6
Completed at least some college
(% of residents)
67.3%
Married 49.5%
Divorced                                               13.0%

 

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