Looking for a place to spend your golden years? Atlanta may not be a good fit, because it has been named one of the worst states to retire by BankRate.
To determine its results, the personal finance site used data from the U.S. Census, The Tax Foundation, The Council for Community and Economic Research, Federal Bureau of Investigation and other sources.
It then compared the 50 largest U.S. metro areas using nine key metrics. Those factors were health care quality, tax burdens, crime rates, living costs, weather, public transportation, cultural amenities, percentage of the population over 65, and the overall well-being of seniors.
The Peach City fell towards the bottom of the list at No. 45, overall. It received an “average” score for its weather, but lost points for low grades in other categories.
Here’s a snapshot of the Atlanta findings:
Cost of living: Very low
Crime rate: Average
Health care: Poor
Population over 65: Poor
Public transit: Poor
Taxes: Low
Things to do: Below average
Weather: Average
Well-being: Below average
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Atlanta fared much better at No. 5 on WalletHub's "2017's Best & Worst Places to Retire," which was released in August. It came out on top thanks to its high activities ranking. It even tied with New York, San Francisco, Washington D.C. and St. Louis for most museums per capita.
As for the BankRate list, it joined other southern cities, including Louisville, which was No. 48, and Memphis, which was No. 49, in the bottom 10.
Which location took the top spot? Pittsburg was No. 1.
While it earned a “poor” score for weather, it had a very low crime rate and a great population of people 65 and older.
Boston placed second and Los Angeles third.
Want to know how other areas fared? Take a look at the full study here.
