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retire

Finding the Best Places to Retire Since 2006!

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Retire in Yellow Springs, Ohio?

Overview:   Yellow Springs is outside of Dayton in southwestern Ohio and is home to tiny Antioch College (135 students). It began as a utopian community in 1825 and takes its name from a nearby natural spring rich in iron ore.

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Today, Yellow Springs is a charming, offbeat village full of artists, musicians and nearly 100 art organizations, the kind of place where residents post notices on the downtown bulletin board when they want a lunch partner or need help painting their house. The town center brims with brightly painted boutiques, galleries, studios, bookstores, eateries, cafes and the like. Hand painted murals cover the sides of buildings. Colorful yarn drips from trees, and restrooms house art galleries. The Yellow Springs Street Fair showcases the works of local artists and chefs, as does the fun weekly Friday Fling. The Artists Studio Tour is an opportunity for locals to venture into the private workspaces of the town's eclectic collection of jewelers, sculptors, painters and others. A love of art and artists hangs in the air.

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Yellow Springs Chamber Music presents string ensembles, flute recitals, wine tastings and more. The Saturday farmers' market has two locations, and there is an organic grocery. Chains stores are in short supply. Two nearby state nature preserves provide plenty of opportunities for hiking, bird watching and camping, and a bicycle path runs through the village. Housing includes Cape Cods, bungalows, Victorians and Federal styles.

Population: 4,000

Percentage of Population Age 45 or Better: 43%

Cost of Living:   5% below the national average

Median Home Price: $230,000

Climate:  Summer temperatures are in the 70s, 80s and 90s. Winter temperatures are in the teens, 20s and 30s, and skies are often overcast. On average, the area receives 40 inches of rain and 30 inches of snow each year.

Public Transit:   Yes

Crime Rate:   Below the national average

At Least One Hospital Accepts Medicare Patients?  No, but Greene Memorial Hospital, eight miles away, accepts Medicare patients.

At Least One Hospital Accredited by Joint Commission?   No, but Greene Memorial Hospital, eight miles away, is accredited.

Public Library:  Yes

Political Leanings:    Liberal

Is Ohio Considered Tax Friendly for Retirement?    Somewhat

Cons:   Tourists descent in the summer, clogging streets, restaurants and shops.

Notes:     Most everyone seems to love Yellow Springs, but some people call it a "pretentious hippie enclave." The town has grown by 6% in the last decade.

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Recommended as a Retirement Spot?   Yes

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Ohio:

Ohio, also known as th Buckeye State, gets its name from the Ohio River and is the 34th largest state by area. It sits between Indiana and Pennsylvania in the Upper Midwest. Columbus its the capital and largest city. President Thomas Jefferson established the state's boundaries in 1803, but due to an oversight, Ohio was not formally admitted to the Union as the 18th state until 1953.

The state was mostly known for its fur trading business during the Colonial and Revolutionary periods and even today is recognized for its business friendly atmosphere. The largest industries are manufacturing, particularly plastics, rubber, fabricated metals, electrical equipment and appliances, and financial services.

Ohio has 24 universities and colleges, the fifth largest state university system in the country with an enrollment of 400,000 students. College athletics are big business in Ohio. In fact, the Ohio State Buckeye's football team is one of the winningest teams in the nation.

Seven U.S. presidents have been born in Ohio: Ulysses S. Grant, Rutherford B. Hayes, James A. Garfield, Benjamin Harrison, William McKinley, William H. Taft, and Warren G. Harding.

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Stats:

Population - 11,614,373

Persons 65 years old and over - 14%

High school graduates, persons age 25+ - 89%

Bachelor's degree or higher, age 25+ - 26%

Persons of Hispanic or Latino origin - 3%

White persons, not Hispanic - 80%

Median household income - $49,240

Median home value - $129,900

Social Security taxed? No

Source: U.S. Census Bureau

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