A Sacramento-area city has been named the best place to retire in California by Retirement Living.
The rankings focused on California cities with populations over 100,000. They were evaluated based on five criteria: the percentage of residents age 65 and older (30%), median home sale price (20%), median monthly rent (20%), poverty rate (20%), and sales tax rate (10%).
According to Retirement Living, the 20 best cities to retire in California are:
Roseville
Oceanside
Torrance
Vacaville
Richmond
Modesto
Santa Rosa
Thousand Oaks
Simi Valley
Vallejo
San Buenaventura (Ventura)
Huntington Beach
Inglewood
Garden Grove
Concord
Visalia
Elk Grove
Clovis
Glendale
Sacramento
This is what the researchers had to say about the top pick, Roseville:
About one in five residents here is 65 or older (18.9%), which means you won’t be the only retiree trying to find senior activities or wondering where everyone your age hangs out. The median home price is $635,000, which is not cheap by most standards, but relatively reasonable for California. Renting is a different story, though, with a median rent of $2,158, one of the highest on this list.
Roseville stands out for its low poverty rate of 5.6%. That’s incredibly low compared to the state average of 11.3%, and suggests people aren’t struggling to make ends meet. Add in a 7.75% sales tax, and your day-to-day expenses become a lot more predictable than what you’d face in many California cities.
For a full breakdown of the other cities and their scores, click here.
List and data were compiled by Retirement Living and do not reflect statistics on all cities.
