Fayetteville, Arkansas, has earned a spot on Kiplinger’s prestigious list of the 50 Best Places to Retire in the U.S. Thanks to its below-average cost of living, vibrant community, and scenic beauty, this Ozark Mountain city is a top choice for retirees seeking affordability and quality of life.
Affordable and Livable
With a cost of living nearly 10% below the national average, Fayetteville is an attractive destination for retirees looking to stretch their savings. The average income for residents aged 65 and older is $56,466, providing financial stability in a city that balances affordability with amenities.
A Welcoming Community
Fayetteville’s population of just over 101,000 enjoys a strong sense of community. Locals report high satisfaction with their city, citing a strong feeling of safety, pride in their surroundings, and access to cultural and recreational opportunities. The area, which includes neighboring Springdale, Rogers, and Bentonville, offers a mix of small-town charm and metropolitan conveniences.
Culture, Nature, and Entertainment
Retirees in Fayetteville can explore the beauty of the Ozark Mountains, which provide endless outdoor activities such as hiking, fishing, and scenic drives. The city is also home to the University of Arkansas, infusing the downtown area with an energetic arts and music scene. Residents can enjoy top-tier performances at the Walton Arts Center, browse unique shops, and dine at locally owned restaurants.
Considerations for Retirees
While Fayetteville offers numerous advantages, Arkansas is ranked as “Not Tax Friendly” for retirees, meaning those considering a move should evaluate their tax situation carefully. However, with its affordable housing, access to quality healthcare, and rich cultural offerings, Fayetteville remains a standout choice for those looking to retire in a dynamic yet budget-friendly city.
For retirees seeking a mix of outdoor adventure, cultural engagement, and affordability, Fayetteville, Arkansas, is a compelling option worth considering.