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retire

Finding the Best Places to Retire Since 2006!

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Retire in Breckenridge, Colorado?

Overview:   Beautiful Breckenridge, known as Breck by the locals, started out in the 1850s as a support town for gold miners in nearby Idaho Springs. It sits at 9,600 feet above sea level in spectacular northwestern Colorado and today it is the home of Breckenridge Ski Resort, the second most popular downhill ski resort in the country.

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Swaddled by mountain peaks and national forest, Breckenridge is cute, trendy and touristy. The main street is full of ice cream shops, outdoor gear stores, clothing boutiques and funky bistros. The Blue River, which is actually a creek, runs through town and has a pretty park and attractive public space next to it. Housing includes expensive properties along winding mountain roads and high-end, in-town condominiums. Outdoor recreation could not be better. More than 1.5 million skiers, snowboarders and snowshoers come each year to enjoy four mountains and some of the nation's best powder. In the summer, tourists flock to town for the scenic camping spots, rugged hiking trails, quiet fly fishing venues and miles of challenging biking paths.

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Breckenridge has lots of festivals, fairs and competitions, including the amazing International Snow Sculpture Championships each winter. The National Repertory Orchestra and the Breckenridge Music Institute both bring a bit of culture to this high altitude gem.

Population:   5,000 (city proper)

Percentage of Population Age 45 or Better:  20%

Cost of Living:   50% above the national average

Median Home Price: $490,000

Climate:   Summers are short but gorgeous with temperatures in the 70s and 80s.  Winters are long with temperatures in the single digits, teens and 20s.   On average, the area receives 170 inches of snow and 19 inches of rain per year. 

At Least One Hospital Accepts Medicare Patients?  No, but St. Anthony Summit Medical Center, eight away in Frisco, accepts Medicare patients.

At Least One Hospital Accredited by Joint Commission?  No, but St. Anthony Summit Medical Center, eight miles away in Frisco, is accredited.

Public Transit:   Yes, and it is free.

Crime Rate:   Below the national average.

Public Library:   Yes

Political Leanings:   Liberal

Is Colorado Considered Tax Friendly for Retirement?     Yes

Cons:   Breckenridge is somewhat isolated.

Notes:  Tourists are always present.  The town has tripled in size during the last two decades.

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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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