Real Estate
Here Are The Most Affordable Places To Retire In GA, Forbes Says
The cost of housing was the primary factor in determining the ranking. See how much homes cost in these top GA retirement towns.
GEORGIA — Two cities in Georgia have been named to Forbes’ ranking of the 25 Best Places to Retire in 2025.
Both Athens and Savannah are among the 950 localities Forbes compared on how well they meet the needs of older Americans.
The cost of housing was the primary factor in determining the ranking, Forbes said, citing National Association of Realtors data showing that since 2020, the median price of single-family homes nationwide has jumped 50 percent to $404,000.
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Home to the University of Georgia, Athens runs about 70 miles east of Atlanta. The popular college town has a population of 130,000 and has a median home price of $333,000. According to Forbes, Athens touts good climate and has an attractive cultural scene.
Meanwhile, Savannah is also a magnet for scholars. The coastal Georgia town houses Savannah State University and the Savannah College of Art and Design. Slightly higher than Athens, Savannah is home to 148,000 people. It sits 30 miles from the Atlantic Ocean and boasts mild winters. The median price of houses is $322,000.
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Median home values are below the national median in 22 of the 25 cities, which Forbes said was by design. Four of them — Iowa City, Iowa; Lincoln, Nebraska, Pittsburgh, Pennsylvania; and San Antonio, Texas — have median values under $300,000.
Housing costs are higher than the national median in three of the cities on the list. The most expensive is Raleigh, North Carolina, with a median home cost of $440,000, which is 9 percent above the national median. The others are Madison, Wisconsin, a college town and the state capital, with a median home price of $408,000, about 1 percent above the national median. Pasco, Washington has a median home price of $406,000.
Overall, the list features cities in 19 states in all four domestic time zones. Known for its frigid winters, Fargo, North Dakota, has been on the list in each of the 15 years since Forbes launched it. Pittsburg, Pennsylvania, which also has chilly winters, has been on the list 13 of the 15 years.
Forbes also looked at state tax rates, prospects for the local economy, air quality, serious crime, the availability of primary health care doctors, and how well they encourage an active lifestyle by making it convenient to walk or bike.
Since 2000, Forbes has also looked at the risks posed by natural disasters and climate change. Cities at substantial risk, as measured by the Federal Emergency Management Agency, were not considered, the news outlet said.
Here’s the full ranking:
- Apache Junction, Arizona
- Athens, Georgia
- Bethlehem, Pennsylvania
- College Station, Texas
- Columbia, Missouri
- Fargo, North Dakota
- Greenville, South Carolina
- Iowa City, Iowa
- Lawrence, Kansas
- Lexington, Kentucky
- Lincoln, Nebraska
- Madison, Wisconsin
- Newark, Delaware
- Pasco, Washington
- Pittsburgh, Pennsylvania
- Raleigh, North Carolina
- Rochester, Minnesota
- San Antonio, Texas
- Savannah, Georgia
- Sioux Falls, South Dakota
- Spokane, Washington
- Tucson, Arizona
- The Villages, Florida
- Virginia Beach, Virginia
- Winchester, Virginia
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