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retire

Finding the Best Places to Retire Since 2006!

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Retire in Fallon, Nevada?

Overview:  Situated in a green landscape of cantaloupe fields, alfalfa crops and grazing cattle about an hour east of Reno, quiet Fallon sits along Highway 50, the aptly named "Loneliest Highway in America." It is the home of Naval Air Station Fallon, where elite fighter pilots ("top guns") are trained.

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Although the town is located in an arid region, it also sits in the Truckee - Carson Irrigation District and receives irrigation water from two lakes and a river, giving it the nickname the "Oasis of Nevada." Several low key casinos are here, as is a motor speedway and a thriving county museum. The downtown is not fancy but is well maintained with wide streets, one and two story buildings, a few trees, mom and pop retailers and street parking. The meat and potato restaurants and diners have slot machines. Oats Park Arts Center is a town highlight. With its galleries, exhibitions and world-class performances, Oak Park draws audiences from Reno and Northern California.

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The Tuesday Night Farmers' Market brings people out for fresh food, and the town honors its agricultural heritage by hosting Tractors and Truffles, a farm to table culinary event. The Lahontan Reservoir, about 20 miles outside of town, is popular with boaters and campers. The nearby National Wildlife Refuge attracts hundreds of thousands of shorebirds during migration season.

Homes are mostly contemporary ranch ramblers and raised ranch ramblers.

Population:  8,400 (city proper)

Percentage of Population 45 or Better:  32%

Cost of Living:    9% below the national average

Median Home Price:  $190,000

Climate:   With an elevation of 3,965 feet above sea level, summer temperatures are in the 80s and 90s, and evenings are cool.  Winter temperatures in the teens, 20s and 30s with just five inches of snow per year on average. 

At Least One Hospital Accepts Medicare Patients?    Yes

At Least One Hospital Accredited By Joint Commission?   Yes

Public Transit:     No

Crime Rate:   Meets the national average

Public Library:   Yes

Political Leanings:   Very conservative

Is Nevada Considered Tax Friendly for Retirement?   Yes

Cons:    Fallon is isolated, 62 miles from Reno and 1,000 miles (it seems) from any town to the east.  Interstate 80 is about 50 miles to the north.  The earthquake risk is 498% greater than the national average, and the town has lost about 2% of its population in the last decade.

Notes:   Lahontan Reservoir has 69 miles of sandy shoreline. It is, though, contaminated with mercury from nearby mines.  The Truckee - Carson Irrigation District taps the water for irrigation purposes, so the lake is often half empty by September.   

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Recommended as a Retirement Spot?    Maybe. The population loss is a concern.

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Nevada:

The Sagebrush State entered the Union during the Civil War on October 31, 1864. It was the first state to ratify the 15th Amendment and give African American men the right to vote. Gambling may be Nevada's claim to fame. The state has approximately one slot machine for every 10 residents. Las Vegas has more hotel rooms than any other city on earth.

Although Nevada is the home of Lake Mead, Hoover Dam, and Lake Tahoe, water is a scarce commodity. The landscape can be characterized by alkalai sinks and sage brush. Nevada's named mountain ranges include the Battle, Monitor, Sierra Nevada, and Snake chains. Winters in Northwest Nevada can be cold. Summers in the south can be inhospitable.

Nevada is the largest gold producing state in the nation. Copper, silver, and mercury add to the state's wealth. Tourism, however, drives the state. Gambling taxes are its chief source of revenue.

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Stats:

Population - 2,940,058

Persons 65 years old and over - 15%

High school graduates, persons age 25+ - 85% 

Bachelor's degree or higher, persons age 25+ - 23% 

Persons of Hispanic or Latino origin - 28% 

White persons, not Hispanic - 55% 

Median household income - $51,824 

Median home value - $173,700 

Social Security taxed? No

Source: U.S. Census Bureau

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