Chicago has been named one of the best places to retire by U.S. News & World Report.
The 2021 U.S. News & World Report Best Places to Retire list analyzed 150 of the country’s largest metros to determine how well they meet both retirement needs and expectations. Chicago ranked No. 87 in the rankings which also stated “Your experience living in Chicago will depend on your ZIP code. From Uptown to Hyde Park, East Garfield to the Loop, each of the city’s 77 official community areas brings a unique personality.” Sarasota, Fla. ranked No. 1 on the list.
Chicago received an overall score of 6.3 out of 10. Its desirability ranking was 7.7. The city ranked 6.1 for value, 6.4 for its job market, 6.3 for quality of life and 4.9 for net migration.
The Windy City wasn’t the only Illinois community on the 2021 list. Rockford, as well as the the Quad Cities area of Iowa and Illinois also made the rankings.
Rockford took the No. 114 spot with an overall score of 5.8. It was rated 5.4 for desirability, 7.4 for value, 5 for its job market, 5.8 for quality of life and 4.8 for net migration.
Peoria also made the list ranking No. 92 with an overall score of 6.5. It rated for 5.6 desirability, 8.1 for value, 6.3 for its job market, 6.7 for quality of life and 4.3 for net migration.
The Quad Cities area of Iowa and Illinois also made the list and was ranked 105th and had an overall score of 6.5. It was rated 5.2 for desirability, 8.4 for value, 6.2 for its job market, 6.4 for quality of life and 5 for net migration.
Top criteria in this year’s Best Place to Retire list included the happiness of residents, housing affordability, tax rates and quality of health care.