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retire

Finding the Best Places to Retire Since 2006!

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Retire in Davidson, North Carolina?

Overview:   Davidson, a progressive, fast growing town, is on the east shore of Lake Norman in southwestern North Carolina and receives good reviews all around. Just 20 miles north of Charlotte, it is the home of Davidson College (1,800 students), a selective liberal arts institution.

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The college promotes the public good and opens its arts gallery, theatre, arboretum, concert hall and sculpture gallery to residents. It also supports a symphony, a jazz ensemble and a chorale. Davidson's quaint, historic downtown has shops, outdoor cafes and red brick sidewalks. The town encourages volunteerism and activism, and local non-profits include the Davidson Community Players, ReadDavidson, the Davidson Land Conservancy, and the Davidson Farmers' Market. Popular events include the Gallery Crawl, Town Day, and Concerts on the Green. Davidson is both pedestrian and bicycle-friendly, and there are miles of greenways within town borders. Roosevelt Wilson Park has a fishing pond and boardwalks, and Lake Davidson is perfect for paddling.

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Neighborhoods are leafy and well tended with newer bungalows, arts and craft styles, Craftsmans, Georgians and Colonials. Many have a community boat dock.

Population:  12,500 (city proper)

Percentage of Population Age 45 or Better:  29% 

Cost of Living:  18% above the national average

Median Home Price: $300,000

Climate:   Summer temperatures are in the 80s and 90s, and winter temperatures are in the 30s, 40s and 50s.  On average, the area receives 44 inches of rain each year.

At Least One Hospital Accepts Medicare Patients?   No, but Lake Norman Regional Medical Center is just five miles away and accepts Medicare patients.

At Least One Hospital Accredited by Joint Commission?   No, but Lake Norman Regional Medical Center is just five miles away and is accredited.

Public Transit:   No

Crime Rate:   Below the national average

Public Library:   Yes

Political Leanings:   Liberal

Is North Carolina Considered Tax Friendly for Retirement?    Somewhat

Cons:   The air quality is below the national average. 

Notes:  Davidson has grown by 200% in the last 10 to 20 years. The Ada Jenkins Center has a free medical clinic and dental bus.

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Recommended as a Retirement Spot?   Yes

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North Carolina:

"Esse quam videri" is the motto of North Carolina, also known as the Tar Heel State. It was the 12th state to be admitted to the Union, joining the other states on November 21, 1789. North Carolina was also one of the Thirteen Colonies and was originally named the Province of Carolina. It was the second to the last state to declare its secession from the Union during the Civil War.

The state is situated in the Southeastern region of the United States and is bordered by South Carolina, Georgia, Tennessee and Virginia. The capital is Raleigh, but the largest city is Charlotte.

The historical people of North Carolina include the Chowanoke, Roanoke, Pamlico, Coree and Cape Fear Indians. The Revolutionary War impoverished the state of North Carolina for several years.

Charlotte is on a rapid growth streak thanks to its banking industry. North Carolina is also home to several universities, including the University of North Carolina, Duke University and North Carolina State University.

The state hosts more than 80% of the NASCAR racing teams and is the site of the Charlotte Motor Speedway. The Carolina Panthers represents North Carolina in the National Football League, and the Charlotte Bobcats play in the National Basketball Association.

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Stats:

Population - 10,147,788 

Persons 65 years old and over - 16%

High school graduates, age 25+ - 86% 

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

Persons of Hispanic or Latino origin - 10% 

White persons, not Hispanic - 63% 

Median household income - $46,868 

Median home value - $162,500

Social Security taxed? No

Source: U.S. Census Bureau

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