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11 Best Retirement Towns Under 0 Mortgage

11 Best Retirement Towns Under $700 Mortgage

September 26, 2025 Victoria Sterling -Business Editor Business

Here’s a breakdown‍ of the⁤ counties mentioned‍ in the text, focusing on key details⁤ for retirees:

1. La Paz County, Arizona

* ⁣ ⁤ Typical Mortgage‍ Payment: ~$610
* Population: ~3,400
* ‍ ⁢ Climate Risk: Relatively low
* Pros: ⁤ Convenient access ‍to ​Phoenix (less ‌than 2 ⁢hours away).
*‌ Tax Benefit: Residents age 55+‌ are exempt from state ⁢taxes.

2. ⁤Choctaw County, Oklahoma

* Typical Mortgage‌ Payment: ~$613
* Median Home Price: Just under $120,000
* Population: ⁣~5,200
* Climate Risk: Relatively low
* Pros: Within a 3-hour drive of ⁣Dallas, Oklahoma‍ City, and Tulsa.

3. Delaware County, Indiana

* ​ Typical Mortgage Payment: ~$648
* Population: ~65,000
* Pros: Strong ​healthcare ‌access, less‌ than ‍an hour from Indianapolis, anchored ‌by⁤ Muncie (Ball State University).

4. Gregory County, South Dakota

* Typical Mortgage Payment: ~$658
* ⁤ Population: ‍ ~1,200
* Pros: Small-town living, no state income⁢ tax (Social Security and retirement ⁣withdrawals are not taxed).
* ⁤ Location: Along the ⁣Missouri River.

5. Bay County, Michigan

* typical Mortgage Payment: ‍~$690
* ⁣ Median Home Price: Just over $135,000
* Population: ~32,000
* ⁤‍ Pros: Strong healthcare​ access, borders Lake⁣ Huron’s Saginaw Bay.

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