Appleton was named one of the best places to retire in the United States by Investopedia because of its affordable housing and arts scene.
Every year, Investopedia releases a list of 100 top places to retire in the country, and Appleton was one of five cities in Wisconsin to make it on the list.
Wausau, Waukesha, La Crosse and Eau Claire also made it on the list, highlighting areas in the Midwest.
According to Investopedia, cities are scored based on affordability, healthcare options, lifestyle and climate factors important to retirees. It compares over 500 cities around the country to finalize the list, which is separated by region. The Midwest section includes 25 cities.
Appleton mixes “Midwestern charm and a bustling cultural scene,” Investopedia said May 3. The city’s housing market played a significant role in making the list, with Investopedia saying the average cost of a house in Appleton was $291,197, below the national average of $360,591.
Between the Fox Cities Performing Arts Center, Lawrence University and a downtown music scene, Appleton’s art scene stands out. Combined with a more affordable housing market, the art scene offers retirees more activities than they might get in another city of the same size.
“Appleton’s cultural energy sets it apart from many cities of its size and from more traditional retirement destinations. The art scene is an important thread in the city’s fabric,” Investopedia said.
Appleton’s downtown area, particularly College Avenue, is a significant draw for residents with “sparse” traffic and plentiful restaurants, cafes, bars and small shops. The trails and parks in the area outside of the busier downtown also appeals to retirees who want to enjoy Wisconsin’s four-season climate.
Overall, Appleton “brings together cultural energy, community warmth and financial practicality in ways that many other retirement locations can’t do,” Investopedia said.
Contact Benita Mathew at bmathew@usatodayco.com.
This article originally appeared on Appleton Post-Crescent: Investopedia names Appleton one of the best places to retire in US
Reporting by Benita Mathew, Green Bay Press-Gazette / Appleton Post-Crescent
USA TODAY Network via Reuters Connect
