Retirement in Washington D.C.
Washington D.C. – at a Glance
|Population||Climate||State Income Tax||State Sales Tax||Median Home Price|
|588,290 (US Census Bureau, 2006)||Humid Subtropical Climate||9.00%||5.75%||$351,579|
Pros:This US city has a rich mix of culture and charm, and offers a wide array of options in terms of lifestyle, shopping, entertainment, festivals, fine restaurants, and outdoor recreation. As the city is centrally located, it offers various getaways within a few hours drive. The weather is mild and you can enjoy four seasons.
Cons:Here, you will find that the cost of living and housing are quite high compared to certain other states in the US.
Why should you Want to Retire in Washington D.C.?
You are looking for retirement homes in the US and wondering where to retire? In that case Washington D.C., the capital city of the nation, will offer you your desired retirement location. There are many retirement homes in Washington D.C. offering varied lifestyle options and accommodation facilities.
The city has been named after George Washington, the first US President and military leader of the American Revolution. If you are one of those baby boomers who want to settle in a place that is one of the major political centers of not just the US but the entire world, then Washington D.C. should be the place for you.
Washington D.C. is not famous for the White House or the Capitol, it is also popular as one of the most beautiful cities in the US. Many of the government buildings show a strong classical influence.
Best Places to Retire in Washington D.C.
Two of the best places in Washington D.C. for retirement living are Penn Quarter and Woodley Park. If you are a huge history buff, then Penn Quarter will just be the perfect place for your retirement living as this newly named neighborhood is within walking distance of the Smithsonian museums, Spy Museum and many art galleries.
Moreover, you can also easily access the local restaurants and theaters from Penn Quarter. If you are one of those retirees who prefer to stay amid lot of greeneries, then Woodley Park will be the best place for you to settle after retirement. Besides green parks and neighborhoods, you will also find many art galleries, restaurants, museums, salons, theaters, shops to make your life really happening.
How much do you Need to Spend in Washington D.C.?
The above graph shows the percentage fluctuations in expenditures incurred in Washington D.C., as compared to the nation’s average, which is taken as 100%.
Washington D.C. is a less expensive city and a good place for retirees as compared to many other US states like Rhode Island, Hawaii, California, or Massachusetts. Be it the cost of housing, transportation, healthcare, groceries, utilities, or other goods, Washington D.C. is an “affordable” city for budget-conscious retirees and seniors.