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retire

Finding the Best Places to Retire Since 2006!

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Retire in Altamonte Springs, Florida?

Overview:   Suburban Altamonte Springs is north of Orlando in east central Florida. People choose to live here primarily for its low cost of living and central location. The white sands of New Smyrna Beach, Port Orange and Daytona Beach are just an hour away.

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The heart of Altamonte Springs is Cranes Roost Lake and Park, which includes a walkway, a plaza, a musical fountain and the Eddie Rose Amphitheater. The city's pedestrian-friendly Uptown is filled with lofts, shopping venues and events, including Winestock and Central Florida's largest 4th of July celebration. Seminole State and the University of Central Florida have satellite campuses in Altamonte Springs, and the city's well-stocked library hosts guest authors and art exhibits. Residents enjoy two pools, four recreation centers, a boardwalk, a fishing dock, and a science center in Lake Lotus Nature Park. There is a public boat ramp at Lake Orienta, and nearby Wekiva Springs State Park offers swimming and kayaking. Fishing, hiking, and biking are permitted in the Wekiva River Buffer Conservation Area.

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Altamonte Mall has major retailers, including Sears, Dillard's and Macy's and more. Restaurants include everything from very good national chains to mom and pop delis. The city has a good mix of single family homes and condominiums, and neighborhoods run from the elegant with Mediterranean-style homes to the very modest with simple concrete block ranch ramblers.

Population:  44,000 (city proper)

Percentage of Population Age 45 or Better: 30%

Cost of Living:   4% below the national average

Median Home Price: $155,000

Climate:    Summer temperatures are in the 80s and 90s with high humidity levels and frequent rainstorms.  Winter temperatures are in the 60s and 70s.

At Least One Hospital Accepts Medicare Patients?  Yes

At Least One Accredited by Joint Commission?   No, but Orlando Regional Medical Center, nine miles away in Orlando, is accredited.

Public Transit:   SunRail, a commuter train service, runs south to Orlando and north to Lake Mary and other towns.

Crime Rate:   Meets the national average

Public Library:  Yes

Political Leanings:  Slightly conservative

Is Florida Considered Tax Friendly for Retirement?    Yes

Cons:   Residents complain about traffic congestion.

Notes:   Disney World, SeaWorld and Orlando's big city amenities are all close at hand.   The city sits along Interstate 4, which is the main drag between Daytona Beach and Tampa.  Altamonte Springs has grown by 22% within the last couple of decades.

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Recommended as a Retirement Spot?    Yes

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Florida:

Named Pascua Florida by Juan Ponce De Leon, the Sunshine State did not enter the Union until March 3, 1845. Balmy mild winters began attracting snowbirds to the state in the late 19th century. Retirees continue to flock to the state. It's not hard to see why tourism has become the leading industry.

International trade and citrus are also major contributors to the state's economy. Eighty percent of the nation's oranges and grapefruits are grown here, and 40 percent of all U.S. exports to Latin America flow through Florida.

Florida's landscape includes uplands and coastal plains. It contains more than 11,000 miles of waterways and about 4,500 islands spread across 10 acres.

The state has 1,250 more golf courses than any other state in the Union. The 47 mile Pinellas Trail is the longest urban trail on the east coast. Orlando theme parks attract more visitors than any other theme parks in the U.S. The only place in the world where alligators and crocodiles co-exist is in National Everglades Park.

Florida, particularly the Keys and the Gulf Coast, were struck by Category 4 Hurricane Irma in early September, 2017. Towns will rebuild, perhaps this time with climate change in mind, making them safer and better equipped to handle major hurricanes going forward.

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Stats:

Population - 20,612,439 

Persons 65 years old and over - 20%

High school graduates, persons age 25+ - 87% 

Bachelor's degree or higher, persons age 25+ - 27% 

Persons of Hispanic or Latino origin - 24% 

White persons, not Hispanic - 58% 

Median household income - $47,525 

Median home value - $159,900 

Social Security taxed? No

Source: U.S. Census Bureau

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