New Jersey, known for high prices and proximity to NYC, claims three spots in the nation’s top 50 richest retirement towns.
According to a new GOBankingRates study analyzing wealth, livability, and retirement income across the country, Paramus, Tinton Falls, and Fort Lee stand out as especially popular destinations for affluent retirees who are seeking established communities with strong amenities, established neighborhoods, proximity, and more.
The study ranked cities with populations of at least 15,000 and a senior population of 25% or more, factoring in median household income, average retirement income, and livability metrics. The findings outline New Jersey’s position as a popular destination for wealthy retirees who look to remain in (or move to) the Northeast.
Paramus
Paramus ranks 12th among the richest retirement towns in the nation, with a median household income of $144,349 and a livability score of 82…