Camp Hill, Pennsylvania – A hidden gem as the ideal American small town for retirees, offers a perfect blend of low living costs, minimal crime rates, and exceptional livability. According to a recent study conducted by GoBankingRates.com, Camp Hill stands out among small towns with populations between 1,000 and 10,000 as the top choice for retirement. Researchers considered various factors such as median household income, housing costs, crime rates, and overall quality of life to determine the best places for retirees.
The study ranked Camp Hill as the number one small town to retire in, with Northville, Michigan, Fort Mitchell, Kentucky, and Freeport, Maine following closely behind. Despite its modest population of 8,000 residents and around 3,200 households with a median income of $105,000, Camp Hill boasts an affordable cost of living. Residents can expect to spend an average of $3,360 per month on expenses, including rent and other necessities, making it a financially attractive option for retirees compared to other towns like Kensington, California, with significantly higher monthly costs.
Camp Hill, located just two miles from the state capital of Harrisburg, offers a vibrant shopping scene primarily made up of small businesses, many of which are women-owned. The town is also home to the acclaimed Cleve J. Fredricksen Library and hosts a popular weekday farmer’s market from May to October. However, for many Americans, the dream of retiring at 65 remains out of reach, with a growing number of individuals opting to work past traditional retirement age due to financial constraints.
According to labor economist Theresa Ghilarducci, only a small portion of Americans between 62 and 70 are able to retire comfortably, with many either continuing to work out of necessity or facing financial challenges in retirement. This reality underscores the importance of careful planning and consideration when choosing a retirement destination. Camp Hill’s allure as a retiree-friendly town reflects a growing trend of individuals seeking affordable, safe, and livable communities to spend their golden years in bliss.