The Norman Transcript

Local news

October 13, 2013

Studies reveal desirable city qualities

NORMAN — According to a study by The MetLife Mature Market Institute and AARP Healthcare Options with Mathew Greenwald & Associates, 36 percent, or just more than one-third, of pre-retirees anticipate changing homes when they retire, with many planning to move to a different city or town.

Half of pre-retirees said being in a community with family and friends would be one of the three most important considerations in deciding where to live during their retirement years. For many, climate is an important consideration.

According to TopRetirements.com, natural beauty, recreational and cultural opportunities contribute to making cities appealing to retirees.

Norman has a low cost of living, affordable housing and many athletic and cultural amenities. Norman was recently named a top 10 city for frugal retirees by MoneyRates.com.

According to the website, frugal city rankings emerged by taking the U.S. metropolitan areas with the lowest costs of living based on 2012 data from C2ER and removing the cities that also appear on NeighborhoodScout’s list of the 100 Most Dangerous Cities in America.

Norman is cited as having a cost of living that is 85.6 percent of the national average and a median home value of $143,316. The average state income tax in Oklahoma is 3 percent, and the average property tax rate in Oklahoma is 0.74 percent. The state sales tax rate is 4.5 percent, according to the study.

— Transcript Staff

1
Text Only | Photo Reprints
Local news
  • Body 1 Police identify woman found dead Monday

    Norman police have identified a woman found dead in her home at 2202 Donna Drive Monday afternoon. Police responded at 1:25 p.m. to the residence of Cassandra Thompson, 30, after receiving a report that she had not shown up for work ...

    July 29, 2014 1 Photo

  • Residents speak out about document regarding shelter photos

    Norman and metro-area residents showed up in overwhelming numbers, many in red shirts, for an Animal Shelter Oversight Board meeting Monday night demanding for their opinions to be heard....

    July 29, 2014

  • Mixon’s attorney says athlete acted in self-defense

    The attorney for Oklahoma running back Joe Mixon says the incident that left a 20-year-old female OU student with multiple facial fractures was a case of self-defense. “This past Friday morning, Joe Mixon found himself in a situation ...

    July 29, 2014

  • County moves forward on nursing home bonds

    Cleveland County commissioners on Monday approved a resolution authoring a county trust to issue up to $15 million for a nursing home on the site of the former Whispering Pines nursing home at 501 E. Robinson St....

    July 29, 2014

  • Breast Care Center will relocate to HealthPlex

    The Norman Regional Health System will move its Breast Care Center to the HealthPlex campus, making it more accessible for patients, hospital officials said Monday. At its monthly board meeting, the Norman Regional Hospital Authority ...

    July 29, 2014

  • Little Axe Health Center hosting blood drive

    Norman-area blood donors this summer will not only save lives when they donate with Oklahoma Blood Institute (OBI), they’ll also get “Feel Cool” T-shirts and two tickets to the Oklahoma City Zoo....

    July 29, 2014

  • Woman arrested for allegedly bringing gun into courthouse

    Cleveland County sheriff’s deputies arrested a Norman woman Friday after she allegedly brought a loaded handgun to the Cleveland County Courthouse. Cynthia Bodnar, 52, of Norman, entered the courthouse through the east entrance shortly ...

    July 29, 2014

  • Man in critical condition after being pinned in wreck

    A Norman man remained in critical condition Monday after a single-vehicle wreck around 10:15 p.m. Sunday at 1100 80th Ave. SE. Norman police believe Justin Davis, 33, was intoxicated when he got tangled in his vehicle and pinned....

    July 29, 2014

  • Teen dies after drowning incident

    After rescue attempts by Good Samaritans and medical crews, Oklahoma Highway Patrol confirmed that a Yukon teen died at 5:50 a.m. Monday after a drowning incident Sunday at Lake Thunderbird....

    July 29, 2014

  • Police log

    Police responded to the following incidents Sunday: · 12:07 a.m. vandalism, 700 block of Asp Avenue · 1:29 a.m. larceny report, 300 block of North Interstate Drive East · 2:50 a.m. larceny report, 300 block of North ...

    July 29, 2014