News Summary
Columbia, Missouri and Lawrence, Kansas have been highlighted as prime retirement destinations by Forbes, featuring in the top 25 places to retire in the U.S. Both cities offer a high quality of life at affordable prices, making them desirable for retirees. Columbia’s median home price is significantly lower than the national average, and both cities are recognized for their healthcare access and environmental quality. While Columbia presents some challenges with crime rates, Lawrence boasts a more bike-friendly environment and lower crime statistics, attracting retirees seeking a fulfilling lifestyle.
Columbia, Missouri and Lawrence, Kansas have recently been recognized as prime retirement destinations in a Forbes ranking, featuring in the esteemed list of the 25 best places to retire in the United States. This accolade may delight alumni of the University of Missouri and the University of Kansas, who can now celebrate their cities as desirable locales for retirement.
Forbes writer William P. Barrett noted that the rankings highlight cities that offer a high quality of life at relatively affordable prices. The analysis looked into over 950 cities across the country, evaluating factors such as housing costs, taxes, healthcare availability, air quality, crime statistics, and risks related to climate change.
The median price of single-family homes across the United States has risen dramatically since 2020, with prices now averaging $404,000—an increase of 50%. In contrast, Columbia’s median home price stands at $306,000, which is 24% lower than the national average. Lawrence follows closely, with a median home price of $318,000, marking 21% under the national median.
Healthcare and Environment
Both Columbia and Lawrence have been recognized for their access to primary care doctors and maintain good air quality, making them attractive destinations for retirees who prioritize health and wellness. Columbia is home to around 130,000 residents and is located just two hours east of Kansas City, while Lawrence has a population of approximately 97,000 and is situated about 45 minutes to the west of Kansas City.
Tax Benefits and Drawbacks
Columbia boasts the lowest income tax rate in Missouri, currently at 4.7%, with no state tax levied on Social Security benefits and no estate or inheritance taxes. However, the city does face challenges, including a serious crime rate that exceeds the national average, with 2,443 serious crimes reported in 2024 according to the Columbia Police Department. The city’s walkability rating is also low, which may deter some retirees who enjoy walking in their neighborhoods.
On the other hand, Lawrence provides a different environment for retirees. The city is characterized as very bikeable and enjoys a serious crime rate that is significantly below the national average. The state income tax in Kansas for retirees stands at 5.58% for couples with a taxable income exceeding $46,000, though, like Missouri, Social Security benefits are exempt from taxation. Lawrence’s local tax rate is currently 9.35%.
Conclusion
The ranking by Forbes, while listed alphabetically, ensures that alumni from the University of Missouri and the University of Kansas cannot dispute which city is superior this time. As these cities gain recognition for their affordability and quality of life, they continue to attract attention as top options for retirees seeking a fulfilling life after their professional years. With both unique advantages and challenges, Columbia and Lawrence stand out as promising locales for those considering a move in their later years.
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Additional Resources
- Columbia Tribune: Forbes Names Columbia Among 25 Best Places to Retire
- Fox 4 Kansas City: Kansas and Missouri Cities Named Best for Retirees
- Dignity Memorial: Lawrence Gilbert Obituary
- Dignity Memorial: Lawrence Nelson Obituary
- Dignity Memorial: Lawrence Bury Obituary
- Wikipedia: Retirement
