From Money Magazine
One of the 25 Best Places to Retire
Your post-work years are a time to improve your golf game, take up a new
hobby, or just enjoy a well-deserved break. In these great college towns, you
can expand your intellectual horizons too.
4. Prescott, AZ
Population: 42,265
% over 50: 49%
Median home price: $230,500
State income tax: 4.54%*
Where to take classes: Yavapai College
Prescott, a popular retiree destination 100 miles north of Phoenix, is dotted with Victorian
homes, 19th-century Whisky Row saloons, and a leafy Courthouse Plaza. With the world's
oldest rodeo and more than 70 buildings on the National Register of Historic Places, the
town's cowboy heritage is hard to miss.
The weather here is hard to beat: plentiful sunny days, but also four distinct seasons, thanks
to the town's elevation at 5,400 feet. That lures residents out to 650 miles of trails in the
adjacent 1.25-million-acre Prescott National Forest. Plus they enjoy half a dozen golf
courses, and a revolving door of art shows, film festivals, craft fairs, and outdoor concerts.
Of course, until recently, high home prices were a drawback to settling here. But with the
market down 35% since 2007, Prescott has become a decidedly more affordable retirement
haven.
And for those comers who are education minded, Yavapai College's 17-year-old lifelong
learning program offers roughly 200 classes a year
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