NM 8th worst state for retirees

January 16, 2018

One economic development strategy that has been floated for New Mexico and the Albuquerque area is to attract retirees. The idea is that retirees have some money and don't cost that much to serve. Their kids are gone, but the oldsters still contribute to the school systems through their property taxes and rent, for example.

 

 

 

 

But WalletHub just put the kibosh on that strategy because it says that New Mexico is the eighth-worst state for people to retire to.

 

And the big negative for the state is crime. WalletHub used 41 metrics in which to rank the states, and when it came to property crime, New Mexico was dead last.

 

Here are WalletHub's scores for New Mexico:

 

Retiring in New Mexico (1=Best; 25=Avg.)

 

18th – Adjusted Cost of Living

25th – WalletHub ‘Taxpayer’ Ranking

36th – Elderly-Friendly Labor Market

19th – % of Population Aged 65 & Older

50th – Property-Crime Rate

34th – Life Expectancy

19th – Health-Care Facilities per Capita

 

Here are the rankings of surrounding states when it comes to being attractive places for retirees:

 

2. Colorado

9. Utah

10. Arizona

16. Nevada

22. Texas

36. Oklahoma

43. New Mexico

 

Share on Facebook
Share on Twitter
Please reload

Please reload

Who's Behind ABQReport

Independent Journalism

I've been a reporter, writer and editor for 37 years. I'm dedicated to honest, fair and hard-hitting reporting. I'm not conservative or liberal, but am just a reporter who tries to get to the truth at any given point in time. I don't believe in pulling punches or being a lap dog because that serves no one. A free and aggressive press is essential to human liberty. That's why the Founding Fathers put a free press in the Constitution. So on this site you'll get a variety of news, fearless opinion, analysis, humor, satire and commentary. It's kind of like a free-for-all. My motto is "Without fear and without favor."  But good journalism takes time and money, so I hope you will contribute what you can to these efforts by clicking on the "Donate" button above. I could use your help. Thanks, Dennis Domrzalski.

  • Facebook Social Icon
  • Twitter Social Icon
  • Google+ Social Icon
Follow ABQReport

Also Featured In

    Like what you read? Donate now and help me provide fresh news and analysis for my readers   

© 2023 by "This Just In". Proudly created with Wix.com

Search By Tags