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Hotspot for wealthy retirees with 'sugary beaches' is named best place to live in the US
A hotspot for wealthy retirees in Florida has been named America's number one place to live.
Known as the 'preferred retirement spot for the rich, powerful and cold-averse,' Naples, Florida, has been crowned America's number one place to live on the annual US News & World Report.
Following closely behind Naples was Boise, ID, Colorado Springs, CO and Greenville, SC.
Naples offers beautiful attractions, including pristine beaches with powdery, sugar-white sand.
The city also features plenty of entertainment including golf courses, nature preserves, farms, museums, fine dining options and even some gaming opportunities at the Seminole Casino Hotel.
Known as the 'preferred retirement spot for the rich, powerful and cold-averse,' Naples, Florida, has been crowned America's number one place to live on the annual US News & World Report
'Long known as a preferred retirement spot for the rich, powerful and cold-averse, the greater Naples area supplies pristine beaches, sprawling golf courses, and fine dining and shopping,' the report wrote.
'Closer to the area's rural interior, meanwhile, cattle graze and seasonal workers pick tomatoes in the fields around Immokalee, a farming community an hour's drive outside of Naples.'
The city's appeal is further boosted by Florida's lack of income tax and the state's generous homestead exemption, which can significantly lower property taxes
'Much of the Naples area is subject to a seasonal ebb and flow as residents from cold-weather states – often called 'snowbirds' – flock to the region during the winter months to enjoy Florida's seemingly endless supply of sunshine and warm weather.'
The city's appeal is further boosted by Florida's lack of income tax and the state's generous homestead exemption, which can significantly lower property taxes
The city also features plenty of entertainment including golf courses, nature preserves, farms, museums, fine dining options and even some gaming opportunities at the Seminole Casino Hotel
'Those seasonal residents leave their second homes in Naples as the sweltering summer months approach.'
While the cost of living in Naples can be high, especially near the coveted beaches, more affordable options can be found further inland, the report explained.
To locals, Naples' top ranking comes as no surprise. Mark Danni, a resident of 22 years, told the Naples Daily News: 'I love seeing sunshine every day.
The average home in Naples is $577,769 - more than twice the national average of $281,900, according to the report.
For the past two years, the city has ranked sixth on the US News and World report's rankings.
Naples offers beautiful attractions, including pristine beaches with powdery, sugar-white sand
The average home in Naples is $577,769 - more than twice the national average of $281,900, according to the report
But its score has been bolstered by a strong job market, with unemployment at 3.6 percent - compared to a national average of 5.3 percent.
The median household income in the city is $98,120 - almost a third higher than the national average of $75,149.
What's more its crime rate is also below the rest of the country, with 106.8 crimes committed per 100,000 people in the city.
To establish the best places to live, researchers scored cities by six key criteria: affordability, happiness, health care, retiree taxes, desirability and job market.