The decision of choosing a place to retire is a challenging one to make. There are so many choices to consider, and we’d like to add one more to the list: Charlestown, IN. Based on several considerations for retirement, we believe that to retire in Charlestown, IN is to retire in peace. Continue reading to learn why!
Size of Charlestown, IN
There are multiple benefits of living in a smaller town compared to a big-city neighborhood. Lower crime rates, a more tight-knit community, and even more. Even if you enjoy big-city life at the moment, when you’ve reached your senior years, you could appreciate the calm atmosphere of a smaller city in the future when settling down due to the relaxation and safety.
If you appreciate small-town life, Charlestown is the perfect size for you. Charlestown has a modest population of 7,775. Due to this small size, public transport is unavailable in Charlestown. However, if you enjoy driving, don’t let this stop you from the other positives that Charlestown has to offer!
Cost of Living in Charlestown, IN
Of course, the cost of living is also an important factor involved in retirement, as it determines how comfortably you can live out your days as a retiree. Another positive part of retiring in Charlestown is that overall, its cost of living is 5% lower than the US average.
A highlight would be an especially costly part of retirement, which is housing expenses. The housing expenses in Charlestown are a whopping 23% lower than the national average, including home price ($266,496), rent, energy, and other related expenses. Knowing that the cost of living is lower helps you to enjoy your retirement with fewer money-related worries, keeping anxieties away in exchange for joy and leisure.
Community and Diversity in Charlestown, IN
Charlestown is a primarily white neighborhood (89.4%), with its second-largest community being of mixed race (3.98%). English is also the most common language spoken, though other languages you may hear include Spanish and Italian. A very positive aspect is that the crime rate is below the national average, meaning that you can have some peace of mind in your day-to-day life with less fear of being a victim.
Tax Rates in Charlestown, IN
For those who are a big fan of low tax rates, you’re in luck! Indiana is one of the states with the lowest marginal income tax rates at 3.23%. Furthermore, Indiana as a state makes the process of residents finding the necessary tax credits and forms simple through online resources from the Indiana Department of Revenue. Such resources make filing taxes and seeking tax-related assistance a cinch.
Amenities For Retirement in Charlestown, IN
If you’re looking for day-to-day lifestyle support, quality options are certainly available in Charlestown. Looking for a retirement community to make friends and have a helping hand whenever you need one? Look no further than Rittenhouse Village At Portage. Our resources such as concierge and transportation services help to make your potential life in Charlestown, IN a dream come true! To learn more, talk to us about our senior living options.
