Atlanta Ranks as the Top Recession-Proof City to Retire In

Atlanta has made it to the top of another Forbes list, and this one is pretty important. Out of all of the cities in the nation, Atlanta ranks #1 as the most “Recession-Proof City to Retire In.” So, basically, anyone thinking about retiring in the near future should look to Atlanta as their city of residence, and go ahead and get involved in the real estate market now while the median home prices are still so low.

Forbes looked at the country’s 40 largest metropolitan areas and ranked them according to seven different categories:

1. current median home price
2. five-year projected home price
3. median monthly housing expense
4. cost of living index
5. median income for households over age 65
6. five year job growth outlook
7. sunny day statistics

And, this may come as no surprise to you, but Atlanta scored very high on every single category – lots of sunny days, an incredibly strong economy, low cost of living and low home prices that are expected to increase in value over the next five years. To get specific, the job market is projected to grow by 13.5% within the next five years. Our median home price is only $118,000 with home prices projected to grow by 13.4% in the next five years. Basically, now is a great time to invest in a new home and watch your investment grow.

For those entering their retirement years, Atlanta has a plethora of active adult communities specifically designed to cater to your needs. Here are just a few of them:

• Park Springs (pictured above right)and Peachtree Hills Place are two luxury developments from Isakson Living. Both of which offer an extensive list of amenities and a continuum of care.
• Jim Chapman Communities (pictured above left)builds active adult homes throughout metro Atlanta. Each Jim Chapman Community features a variety of amenities to promote a sense of community between neighbors.
• Windsong Properties (pictured right)builds active adult homes in Woodstock and Dallas. These homes are built to EasyLiving standards and feature a desired courtyard-style home plan.