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Retire in New Hope, Pennsylvania?
Overview: Next to the New Jersey border in southeastern Pennsylvania, prosperous New Hope sits at the confluence of the Delaware River and Aquetong Creek. It dates from the late-1700s and is surrounded by rolling hills and open space.
Tourists come to New Hope because it is just six miles north of the Washington Crossing Historic Park, the place where George Washington crossed the Delaware River in 1776. Historic buildings include the Bucks County Playhouse, the state theater of Pennsylanvia. Having helped launch numerous Broadway productions, it gives New Hope an artistic flavor. The busy, touristy town core contains the Parry Mansion Museum, colorful shops, fun antique stores, all sorts of eateries, cozy galleries, an outdoor market and more. A car show, a film festival and an arts and crafts festival are among the town's diverse celebrations. The New Hope Arts League supports numerous events and classes.
The Delaware Canal runs through the center of New Hope, and its 60-mile long towpath is popular with walkers. Bowman's Hill Wildflower Preserve has a botanical garden, a museum and trails that attract birds and people who watch them.
Neighborhoods have a country ambiance, and large, elegant residences are the norm. Home styles include Tutor, Craftsman, farmhouse, Cape Cod, Victorian and more.
Population: 2,700 (city proper)
Age 45 or Better: 42%
Cost of Living: 48% above the national average
Median Home Price: $605,000
Climate: This area has hot, humid summers and cold winters. Summer temperatures are in the 80s and 90s, and winter temperatures are in the 20s, 30s and 40s. On average, the area receives 47 inches of rain and 22 inches of snow per year.
At Least One Hospital Accepts Medicare Patients? No, but Doylestown Hospital Hospital, 10 miles away, accepts Medicare patients.
At Least One Hospital Accredited by Joint Commission? No, but Doylestown Hospital, 10 miles away, is accredited.
Public Transit: No
Crime Rate: Below the national average
Public Library: Yes
Political Leanings: Liberal
College Educated: 62%
Is Pennsylvania Considered Tax Friendly for Retirement? Yes
Notes: New Hope is a popular gay tourist destination, and motorcyclists ride into town during the summer. The population has remained steady over the last decade.
Recommended as a Retirement Spot? Yes
Established by William Penn as a sanctuary for Quakers, the Keystone State was the site of two Continental Congresses. The Declaration of Independence and the American Revolution became products of the second congress in 1775. Pennsylvania also played a decisive role in the American Civil War. The Battle of Gettysburg gave General Meade with a key win and put an end to the South's Northern Invasion.
The Appalachian mountains are Pennsylvania's backbone. The state has 140 miles of shoreline along Lake Erie and the Delaware Estuary. Five regions - the Allegheny Plateau, the Ridge and Valley, the Atlantic Coastal Plain, the Piedmont, and the Erie Plain - help provide a diversity of landscape and climate. Although Philadelphia, the state's most populous city, may experience some subtropical temperatures, the rest of the state can experience cold winters.
Pennsylvania's economy is one of the largest in the country and the world. It's a leading coal producer and the only state to mine anthracite. Fortune 500 companies based in Pittsburgh include U.S. Steel, PPG Industries, and H.J. Heinz. Locomotives for GE Transportation Systems are assembled in Erie. Mushrooms, apples, and Christmas trees are a few of the state's agricultural products.
Although it was the second state to enter the Union on December 12, 1787, Pennsylvania has recorded a large list of firsts. Betsy Ross made the first American flag in Philadelphia. Philadelphia is also the birthplace of the nation's first zoo. Titusville claims the world's first oil well.
Population - 12,784,227
Persons 65 years old and over - 17%
High school graduates, percent of persons age 25+ - 89%
Bachelor's degree or higher, pct of persons age 25+ - 29%
Persons of Hispanic or Latino origin, percent - 7%
White persons, not Hispanic, percent - 77%
Median household income - $53,599
Median home value- $166,000
Social Security taxed? No
Source: U.S. Census Bureau
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