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retire

Finding the Best Places to Retire Since 2006!

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Retire in Northlake, South Carolina?

Overview:   Northlake is a residential community situated in upstate South Carolina, about 30 miles southwest of Greenville. It has grown by 35% within the last decade or two.

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This growth is mostly due to Northlake's waterfront location and affordable cost of living. It sits on both sides of a northern offshoot of 56,000-acre Lake Hartwell, a man-made reservoir that is one of the most popular recreation areas in the South. Tourists can easily reach the reservoir via Interstate 85, and they and residents alike enjoy water skiing, fishing, camping, swimming and wildlife watching. Northlake neighborhoods are leafy, meandering, low density and well tended with new Craftsmans, plantation styles and brick ranch ramblers. Homes directly on the water tend to be larger and have covered boat docks. Nearly all shopping and dining options are in Anderson, population 26,000 and the County seat, about five miles away.

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Population:  4,400 (city proper)

Percentage of Population Age 45 or Better:   43%

Cost of Living:   7% below the national average

Median Home Price: $165,000

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

At Least One Hospital Accepts Medicare Patients?  No, but Anmed Health in Anderson, five miles away, accepts Medicare patients.

At Least One Hospital Accredited by Joint Commission?  No, but Anmed Health in Anderson, five miles away, is accredited.

Public Transit:   No

Crime Rate:   Below the national average

Public Library:   No

Political Leanings:   Very conservative

Is South Carolina Considered Tax Friendly for Retirement?   Yes

Cons:   The tornado risk is 70% higher than the national average.

Notes:  Northlake seems to be a nice, reasonably priced waterfront community.

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Recommended as a Retirement Spot?   Yes

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South Carolina:

South Carolina is nicknamed the Palmetto State and its motto is "Dum spiro spero," which is Latin for "While I Breath, I Hope." It is 40th in size in the United States and was the eighth state to be admitted to the Union on May 23, 1788. The largest city and state capital is Columbia.

Formerly known as the Province of South Carolina, the area was also one of the 13 colonies that declared its independence during the American Revolution. The state was the first to secede from the Union and was the first and founding state of the Confederate States of America.

South Carolina is in what is considered the Deep South and is bordered by the states Georgia on the south and North Carolina on the north.

The state does not host any major professional sport franchises. However, the Carolina Panthers and the Carolina Hurricanes actually represent both North Carolina and South Carolina.

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Stats:

Population - 4,961,018

Persons 65 years old and over - 16%

High school graduates, persons age 25+ - 85%

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

Persons of Hispanic or Latino origin - 5%

White persons, not Hispanic - 64%

Median household income - $45,483

Social Security taxed? No

Source: U.S. Census Bureau

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