NAPLES IS RANKED NO.1 PLACE IN FLORIDA TO RETIRE

March 10, 2016

According to SmartAsset, a New York financial services company, Naples is the top ranked destination in Florida to retire to. Nationally, Naples is ranked No. 3. Utilizing government data, the annual study rated 4,700 cities by their tax friendliness, recreational, social opportunities, and availability for medical services – which affects the quality of life.

 

Naples received its highest ranking based on several factors. First was the low 10.2 percent tax rate. Second was access to medical care, and third, the percentage of seniors as part of the total population. Throughout Florida the tax rate was calculated at 13 percent.

 

Interestingly, the metrics used by SmartAssets did not include weather. Naples' tropical climate and top-ranked beaches and amenities such as championship golf courses, world-class boating and fishing were not a factor in the rating.  Naples has an average high temperature of 85 degrees. The numbers one and two nationwide best places to retire to according to the metrics are both in Alaska. Alaska, like Florida is a very tax-friendly state. In Florida there is no state income tax, no tax on Social Security retirement benefits, no estate tax or inheritance tax.

 

This makes Naples not only a superb place to retire to, but also an ideal spot to relocate prior to retirement. In addition the job market is very strong with the unemployment rate below 5 percent.

 

Since 1999 Big Island Builders has been building luxury custom homes in Naples and Marco Island, Florida. Building in Naples' and Marco's finest neighborhoods, the team at Big Island Builders has proven over time their expertise and experience is a big reason they are considered

one of the area's finest luxury home builders. For more information call 239 262 6867 or visit www.bigislandbuilders.com

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