Arizona is the Best State for Retirement

Tony Ray Baker
-
0
Arizona is the Best State for Retirement

Tucson has plenty of reasons for you to love it, the amazing Mexican food, the spectacular sunsets, and the low-key winters just to name a few. But did you know that being in Arizona puts us in one of the top 7 tax-friendly states? That’s great news for people looking to relocate and especially good for retirees on a fixed income. Here’s why Arizona is the best state for retirement.

Tucson For the Retired

We’ve assembled a list of tax-free items so you can see, at a glance, the biggest tax reasons Tucson, Arizona is the place to be and the best state for the retired.

Arizona is a Top 7 Tax-Friendly State
Arizona is a Top 7 Tax-Friendly State

Tax-free:

  1. Estate and inheritance 
  2. Groceries
  3. Military retirement income
  4. Prescription drugs
  5. Railroad retirement income
  6. Social-Security benefits

Tax-Breaks:

  1. Up to $2,500 of income from federal government, designated Arizona state government, and Arizona local government retirement plans is exempt.
  2. Senior residents could qualify for a property tax refund of $502.
  3. Seniors of 70 and older can qualify to defer their property taxes if they’ve lived in their home for 6 years and in Arizona for 10.
  4. For AZ state government, and AZ local government up to $2,500 in retirement plans are exempt.

Tax-Basics:

  1. Arizona has a 5.6% state levy
  2. Cities can add up to 5.6% but the states median is 8.4%
  3. Low end income tax is 2.5%, the high is 5.7%
  4. There is a 3.5% surtax on (taxable) income over $250,000 for single filers and $500,00 for joint filers.

Ok so technically all this information applies to the entire state of Arizona as a whole, however… We really believe that once you’ve looked around at what AZ has to offer you will find that Tucson is not only economically feasible but it’s also the warmest and welcoming city you will find on our stretch of the Sonoran Desert. When you’re done with the rest, come back to the best!

Buzzfeed ❤️ Tucson, And You Will Too!

Tony Ray Baker
-
0
Buzzfeed ❤️ Tucson, And You Will Too!

Not that we’re surprised but Tucson makes the news again! This time Buzzfeed author Anna Maria Glavan gives a glowing review of what makes Tucson the best city in Arizona. I mean, we know it, but it’s always nice to receive recognition from others.

The Reasoning

Joe Pagac's Latest Mural in Hamel Park
Joe Pagac’s Latest Mural in Hamel Park

Glavan lists 21 things that she believes makes Tucson the best city here in AZ. We’re going to look at a few to see if we agree! Actually, we’re just going to compare her list to ours and see how we do. Out of 21 reasons she lists, we’ve already covered these.

  1. Murals, near the top of her list was the mural hunt. It’s true, no matter where you go in Tucson you are bound to stumble across some amazing public art. 
  2. San Xavier Del Bac, truly a landmark here in the Old Pueblo. Known as the “White Dove of the Desert” it’s a must see for locals and visitors alike.
  3. La Estrella Baker, not surprising. Recently acknowledged by the Washington post for their amazing Pan de Muerto.
  4. Saguaro National Park, this is a go to for hikers and photographers.
  5. Arizona Sonora Desert Museum, yup we have that one too. It’s a great place to see a lot of native flora and fauna in one place.
  6. The Mexican Cuisine, Glavan even taunts that “I bet Phoenix can’t call itself a city of gastronomy.”
  7. Historic 4th Avenue, a great place to find an eclectic slice of Tucson.
  8. Shopping, there is no shortage of great places to shop, seriously take your pick.
  9. Tucson Museum of Art, this museum is bigger on the inside. It has a surprising collection of both regional and contemporary art with some classics thrown in for good measure.
  10. The Mercado, including the MSA Annex. Sprawling open markets to find coffee, food, and of course more shopping.
  11. Raspados! Of course our favorite place to get them is Sonoran Delights.

Our Conclusion

Maria Glavan has got everything we have and more. It’s time for us to go out and round out our own list. We hope this list is tempting you to make a visit, and if you’re already a local go check out something new! 

Check out the original article on Buzzfeed!

http://seetucsonhomes.com/wp-content/uploads/2021/12/21-Things-That-Prove-Tucson-Is-The-Best-City-In-Arizona.pdf

The 10 Cheapest Places for Millennials to Live

Tony Ray Baker
-
1
The 10 Cheapest Places for Millennials to Live
The Hub - Downtown Hot Spot for Millenials, Cheapest Places for Millennials to Live
The Hub - Downtown Hot Spot for Millenials

10 Cheapest Places for Millennials to Live

Housely.com published an article, The 10 Cheapest Places for Millennials to Live in the U.S. where they considered data about cheap housing, availability of jobs, and social + cultural advantages.

In the past, New York City and Silicon Valley were enticing millennials in groves with fast paced tech jobs and other business opportunities; unfortunately, housing prices were so high (and they still are!) that millennials had trouble finding affordable housing and those with dreams of home ownership had a difficult decision to make and the opportunity cost was high. But now people are saying that Tucson may be the next Silcon Valley.

On the flip side, Florida is known to have an abundant affordable rental housing market, but the retiree demographic and job availability makes it a less desirable long-term destination for millennials.

Young people today are being challenged to think-outside-the-box and find destinations that will offer a more complete package and Tucson definitely does.

Without further ado, The Cheapest Places for Millennials to Live:

10. Austin, TX

9. Dallas, TX

8. Louisville, KY

7. Columbus, OH

6. Dayton, OH

5. Wichita, KS

4. TUCSON, ARIZONA

3. New Bedford, MA

2. Sioux Falls, SD

1. Cape Canaveral, FL

“With a median one bedroom apartment price of $540, it’s no wonder that Money rated Tucson number 4 of their best places for millennials. The article credits the city’s revitalized downtown area and ethnic restaurants as a draw for young renters. Tucson’s job growth is expected to rise 11% over the next five years.”
We’ve done the research and this isn’t an all-encompassing description of why Tucson is one the cheapest places for millennials to live. Did you know we have one the lowest point of entry housing markets in the country? Boasting many programs to help first time home buyers and some the lowest homeowners insurance prices making Tucson a great place for someone just starting out to start their life.
Tucson also has an abundance of art, culture, and a very fun and hip downtown. There’s an abundance of nature– to hike, climb, ski and explore and there are a lot of other amazing places that are a short road trip away like: Las Vegas — 4 hours, Phoenix– 1.5 hours, Rocky Point, Mexico (Where you can rent entire beach front houses for the weekend for a couple hundred dollars)– 4 hours, San Diego, CA– 6 hours, and Showlow, AZ (home of Arizona’s biggest ski & snowboard mountain)– 4 hours.
This is only the tip of the iceberg… If you have questions about art, culture, or housing in Tucson please contact me– I’d be happy to help you however I can.
Download the 10 Cheapest Places for Millennials to Live

Best City for Young Creatives

Tony Ray Baker
-
0
Best City for Young Creatives
Tucson Voted Best City for Young Creatives
Tucson Voted Best City for Young Creatives

Tucson ranked #1 Best City for Young Creatives by CreativeLive.com.

Could the Southwest be the new Silicon Valley?

Organizations like Startup Tucson and the McGuire Center for Entrepreneurship seem to think so.

With collaborative co-working spaces like Connect Co-Working, The RailYard, Spoke6, GangPlankHQ, and Co+Hoots plus entrepreneurial, art and tech meet-ups springing up across the sunny city, Tucson is wooing young entrepreneurs like crazy, and was even named one of the top tech hubs of last year.

Top it off with really cheap rent, one of the lowest housing markets in the country and a happening downtown, Arizona starts to looking like a delicious place for young creatives with an idea and a dream.

The affordable housing market really does set Tucson apart from big cities.

Young creatives thriving in these cities are obviously pulling in a chunky paycheck, but when you factor in how much of that money is going towards housing, the big city appeal starts to dwindle. Not to mention many of these rentals are tiny, and crowded and lack privacy.

Home ownership still is a great way to build wealth and invest in the future. The peace of mind that comes with having this kind of stability and not having to move every year or every few years is also incredible.

Another thing to consider when you’re looking for a place to live and deciding where to buy a house, is would the property and location also make a good rental? Because you never know, with your more settled and thriving life, maybe you’ll be in a place to buy another home and rent out the first, or possibly you’d want to travel and rent out your house to a long term tenant or even AirBnB. There are many options and benefits of home ownership.

With the way things are booming in Tucson, self-starters, smarty-pants and other hard workers could even pull in those fat, big city paychecks. Mix that with a low cost of living and you’re on track to build actual wealth.

Another cool thing about Tucson is we have one the best music scene’s in the country and a huge population of young people… around 30% which is the same as Austin, Seattle, San Francisco, Portland and other young people melting pots.

I’d love to talk to you more about this!

Download the PDF of CreativeLive’s article: What Are the Best Cities for Young Creatives
1...678Page 7 of 8