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retire

Finding the Best Places to Retire Since 2006!

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Retire in Stowe, Vermont?

Overview:   Tucked between Mt. Mansfield State Forest and CC Putnam State Forest in scenic, wooded northern Vermont, Stowe is cute town best known for skiing. It has a "granola," alpine vibe and takes on a storybook quality during the winter.

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The Trapp Family Lodge, the Bolton Nordic Center, and the Stowe Mountain Resort draw tourists from around the country. The town manages parks, a community garden, snowshoe trails, a community center, a recreation path, and an ice arena. The library shares space with the Helen Day Art Center, which offers adult education and special events like the annual steamroller print making class. Stowe Performing Arts sponsors a free concert series in the meadow beside the Trapp Family Lodge. The Stowe Theatre Guild has been a theater staple for more than 50 years, and the Spruce Peak Performing Arts Center hosts the region's renowned Tango Music Festival.

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Fun restaurants, boutiques, craft breweries, and art galleries line Stowe's very charming, very touristy downtown. The farmers' market is usually a hopping place. The area is rich with hiking and biking trails. The Little River runs through town and empties into the Waterbury Reservoir where locals enjoy camping, boating, and swimming. Homes include Cape Cods, saltboxes, farm houses and new condos, most tucked in the forest.

Population:  4,500 (city proper)

Percentage of Population Age 45 or Better: 37%

Cost of Living:   26% above the national average

Median Home Price: $435,000

Climate:   Summer temperatures are in the 70s and 80s, and winter temperatures are in the single digits and teens. On average, Stowe receives 48 inches of rain and a whopping 148 inches of snow each year.

At Least One Hospital Accepts Medicare Patients?  No

At Least One Hospital Accredited by Joint Commission? No. The nearest accredited hospital is Central Vermont Medical Center, 20 miles away in Barre.

Public Transit:   Yes

Crime Rate:  Meets the national average

Public Library:  Yes 

Political Leanings:    Stowe is one of the most liberal towns in the country.

Cons:    This area can feel isolated in the winter.

Notes:  Stowe has grown by 3% within the last decade but has very little diversity. It is in a very rural area and has two roads in and out, although Interstate 89 is only about 12 miles away.

Is Vermont Considered Tax Friendly for Retirement?    No

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Recommended as a Retirement Spot?    Maybe. The distance to a hosptial is a concern.

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Vermont:

Vermont is the second smallest state by population and was admitted to the Union in 1781 as the 14th state. Its capital, Montpelier, is the smallest state capital in the nation.

Bordered Massachusetts, New Hampshire, New York and the Canadian province of Quebec, most of Vermont is forested with hardwoods and conifers. The Green Mountains run up the middle of the state, separating Lake Champlain and other valley terrain from the Connecticut River valley on the eastern side.

Vermont is the safest state in the country, and it is the largest producer of mayple syrup. Although many people think Ben and Jerry's is the state's largest employer, it is actually IBM.

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Stats:

Population - 623,049

Persons 65 years old and over - 19%

High school graduates, persons age 25+ - 93%

Bachelor's degree or higher, age 25+ - 37%

Persons of Hispanic or Latino origin - 2%

White persons, not Hispanic - 92%

Median household income - $60,076

Median home price - $233,000

Social Security taxed? Yes

Source: U.S. Census Bureau

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