Jul13
Why Should You Retire in North Carolina?

 

Reasons to Retire in North Carolina

There are dozens of reasons North Carolina is a great state for retirees. The diverse landscape includes both mountainous and coastal areas, so anyone can find a setting that suits them. New residents will also enjoy the unique mixture of Old South and New South cultural tones and the kaleidoscope of people and cultural variety. Of the many compelling reasons North Carolina is an ideal retirement destination, here are our top eight.

Mountains

North Carolina boasts countless scenic drives and lookout points from beautiful hiking trails scattered among the ancient mountains. The towering trees, thrilling wildlife and swift rivers serve to enhance these natural attractions. Western NC hosts part of the Appalachian chain, including the Great Smoky Mountains and the Blue Ridge. During fall, travelers from all over visit the Blue Ridge Parkway to drive and see the autumn leaves change colors.

Piedmont Triad

Although Charlotte is still North Carolina’s largest city, the suburbs are booming and drawing many new residents. Greensboro, Winston-Salem and High Point make up the Piedmont Triad. The area manages to be historical while also playing host to hip neighborhoods waiting to be discovered. This area is home to business-friendly policies that are attracting more and more employers, recreational amenities and excellent medical facilities.

Coast

North Carolina residents have more than 300 miles of barrier island coastline to enjoy. The Outer Banks are particularly fascinating slices of sand islands located a stone’s throw from the coast and are within the state limits. With so many great beaches to choose from, finding your favorite will surely be a fun, rewarding activity.

Triangle Areas

In addition to the Metropolitan Triad, North Carolina is known for another triangle area of research and education. Durham, Chapel Hill and Raleigh encompass Duke University, the University of North Carolina and North Carolina State University. The many high-skilled graduates of these universities have made the local populace particularly well educated, with more than 27 percent of Piedmont Triangle residents having a bachelor’s degree and another 17 percent possessing a graduate degree.1 The area’s increasingly educated workforce has been attracting numerous high-tech enterprises and companies.

Professional Sports

With 21 professional and minor league teams calling North Carolina home, whatever sport you prefer can be found nearby. Watch the Carolina Panthers NFL action. There are 10 minor league baseball teams to choose from. Attend a Hornets or Swarm game if you like basketball. The Hurricanes and Checkers are here for hockey lovers. Even lacrosse and soccer have major league teams in NC. North Carolina is also home to the NASCAR Hall of Fame and the Charlotte Motor Speedway.

Lower-Than-Average Cost of Living

According to Sperling’s Best Places, North Carolina has a lower cost of living than the nationwide average. Some highlights include NC’s lower-than-average housing, utility and transportation costs.2

Tax Friendly

In 2013, North Carolina became very tax-friendly in comparison to many other states. Social Security income is fully exempt from state income tax. Income taxes were lowered to a flat rate, which has continued to decrease over time. The “death tax” has been eliminated, and the corporate income tax was lowered to 5 percent.3 All of these factors have combined to attract many large corporations, which have lowered unemployment, brought high-skilled workers from out of state and set a renewed emphasis on higher education. Although you may not be searching for a job, it’s great to reside somewhere with a vibrant economy.

Historical Sites

North Carolina is home to a rich history. One of the country’s biggest mysteries, the 16th century colony on Roanoke Island, can be explored at the Fort Raleigh National Historic Site. The “Lost Colony of Roanoke Island” is one of many historical sites to discover in NC. There are many Civil War historical spots as well since North Carolina played a huge role in that defining conflict. If you find American history interesting, you’ll love North Carolina.

Why Choose Twin Lakes?

There are many intriguing reasons to retire in North Carolina including our beautiful four season climate. In the heart of this wonderful state lies Twin Lakes Community, a premier retirement community. Our neighborhoods are filled with people from diverse backgrounds and locations all across the country; people thriving and living an intentional, purposeful life. Visit our website to schedule a tour of our community or call us at 336-538-1572 today!

 

1https://censusreporter.org/

2https://www.bestplaces.net/cost_of_living/state/north_carolina

3https://taxfoundation.org/state/north-carolina/


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