Why Retirees Are Flocking to Vancouver, Washington: Nature, No Income Tax, and More

Key Takeaways

  • Vancouver, Washington, attracts retirees with no state income tax.
  • Housing costs in Vancouver are higher than the national average but lower than nearby Portland.
  • The city offers riverfront living, outdoor recreation, and access to high-quality healthcare.

Vancouver, Washington, is situated along the north bank of the Columbia River, just across from Portland, Oregon. It offers residents Pacific Northwest beauty, riverfront views, access to an outdoor lifestyle, and proximity to one of the region’s largest urban hubs. And it was named one of the best places to retire in America.

Vancouver also stands out for retirees because it has no state income tax. That, combined with its beautiful landscapes, modern amenities, and access to both Washington and Oregon, has made it an attractive retirement destination.

Cost of Living & Tax Advantages

Housing costs in Vancouver are $510,577, higher than the national average of $368,198 but slightly lower than in nearby Portland. The higher housing costs underline the city’s popularity and its location within the broader Portland metropolitan area. Retirees won’t find bargain home prices here, but many view the combination of natural beauty and Washington’s lack of state income tax as a worthwhile tradeoff.

The general cost of living is also 6% higher than the national average. Housing, groceries, and transportation are all above the national average. While the housing costs and cost of living are not a financial draw, residents can take advantage of being close to Oregon’s shopping districts, cultural attractions, restaurants, and healthcare providers…

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