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retire

Finding the Best Places to Retire Since 2006!

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Retire in Golden, Colorado?

Overview: Founded during the Pikes Peak gold rush in 1859, cozy Golden is huddled between two table mountains and Clear Creek Canyon just west of beautiful Denver, Colorado's capital city. Today it is home to MillerCoors, known for years as the Coors Brewery, and to the prestigious Colorado School of Mines (5,600 students).

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This is a pleasant town with a casual Old West flavor. The downtown has attractive vintage buildings, touristy shops, emporiums and some very good restaurants. The main drag is busy, but side streets are quiet with smaller ranch style homes, four squares and brick bungalows. Most homes are in the surrounding hills are generally larger and more expensive. The town's museums per capita ratio is admirable, with the Colorado Railroad Museum and the American Mountaineering Center both noteworthy. Arts are represented by the Jefferson Symphony Orchestra, Miners Alley Playhouse and the Foothills Art Center. Golden also hosts a fine arts and music festival.

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This is, though, an outdoor oriented place, with bicycling particularly popular. A bike path runs along scenic Highway 6, and the town's Tony Grampsas Park has some of the state's first "purpose-built" mountain bike trails. Mountain ski areas, hiking trails and gambling towns are within an hour to the west.

Population: 21,000 (city proper)

Percentage of Population Age 45 or Better:  35%

Cost of Living:  46% above the national average

Median Home Price: $465,000 

Climate:  Summer temperatures are  in the 70s, 80s and 90s, and winter temperatures are in the 20s, 30s, 40s and 50s.  On average, the area receives 15 inches of rain and 52 inches of snow each year.  

At Least One Hospital Accepts Medicare Patients?  No, but Denver and the surrounding suburbs have several large hospitals that accept Medicare patients.

At Least One Hospital Accredited by Joint Commission?    No, but Denver and the surrounding suburbs have several large, very good hospitals that are accredited.

Public Transit:   Yes

Crime Rate:   Below the national average

Public Library:   Yes

Political Leanings:  Liberal

Is Colorado Considered Tax Friendly for Retirement?   Yes

Cons:   Thanks to its valley location, the air quality is slightly below the national average.

Notes:   Golden is cute, but it has a highway on its western edge. The brewery is large and hard to miss. 

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Recommended as a Retirement Spot?    Yes

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Colorado:

Similar to California, the Colorado area was surrendered to the United States in 1848 at the end of the Mexican-American War. It did not become a state until 1876, 100 years after the nation's birth.

The Centennial State's geography includes high plains, deserts, foothills, and mountains. Its Rockies are part of the 3,000-plus mile geologic uplift known as the North American Cordillera. More than 50 of the Cordillera's peaks taller than 14,000 feet are in Colorado. Outdoor recreation ranges from backpacking and climbing to road cycling and skiing.

With roots in mining and agriculture, Colorado's economy has branched in many directions. It currently has a high concentration of tech and scientific research companies. Food processing, manufacturing, and tourism round out the state's industries.

The Centennial State maintains a long list of superlatives. It has the highest paved road, the deepest geothermal hot spring, and the nation's largest concentration of scenic byways. Colorado is the only state in the Union to reject the Olympics and one of the first to legalize recreational marijuana.

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Stats:

Population - 5,540,322

Persons 65 years old and over - 13%

High school graduates, age 25+ - 91% 

Bachelor's degree or higher, age 25+ - 38% 

Persons of Hispanic or Latino origin - 21% 

White persons, not Hispanic - 68% 

Median household income - $60,422 

Median home value - $247,800

Social Security taxed? Yes

Source: U.S. Census Bureau

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