If you are considering retiring in the South, consider Alabama. It has weather similar to Florida’s but without the tourist crowds, and it is not quite as prone to hurricanes. It is a subtropical climate with mild winters and wonderful autumns (summers are hot and muggy).
This 2,000 acre retirement community attracts a slightly younger crowd than the norm (the average age here is 50, and there is no age-restriction), and most of the residents (75%) are from in-state. Located in east central Alabama, 40 miles northeast of Montgomery, Russell Lands sits on Lake Martin, a large, clean, shimmering body of water. Single family homes and condominiums are for sale, and almost all face the Lake. This area is generally recognized as one of the most affordable retirement spots in the nation. Cost of living and home prices are below the national norm.
More Alabama Retirement Communities
Foley, Alabama | Gulf Shores, Alabama | Guntersville, Alabama
Population, year 2009 estimate – 4,708,708
Persons 65 years old and over, year 2009 – 13.8%
High school graduates, percent of persons age 25+, year 2000 – 75.8%
Bachelor’s degree or higher, pct of persons age 25+, year 2000 – 19%
Persons of Hispanic or Latino origin, percent, year 2009 – 3.2%
White persons, not Hispanic, percent, year 2009 – 68%
Median household income, year 2008 – $42,586
Social Security taxed? No
Source: U.S. Census Bureau