Foley, Alabama has made another national list. World Atlas placed the town on the “Best Towns in Alabama” for retirees. The nationally read magazine highlighted eight small towns in the state that could be optimum locations for retirees to set-up their future household.
Foley, Alabama is considered a good town for retirees due to a combination of affordability, a favorable tax environment for seniors, a pleasant climate, and a variety of activities and community resources tailored for older adults.
Here are the main reasons Foley is attractive for retirees: Cost-Effectiveness and Finances
Most Cost-Effective City: Foley was named the nation’s most cost-effective retirement city in a national study that analyzed factors like home values, property taxes, and health costs.
Affordable Housing: The average 2023 home value in Foley was $296,232, which is significantly lower than in other sought-after areas, such as Malibu, California (average home price almost $3.84 million).
Low Taxes: Alabama is very tax-friendly to retirees.
- Social Security Exemption: Social Security retirement benefits are entirely exempt from state income tax.
- Low Property Taxes: The state has some of the lowest property tax rates in the entire country, and homeowners aged 65 and older may qualify for additional homestead exemptions. The property tax rate in Foley is 0.39%.
Lower Cost of Living: Foley offers a low cost of living with competitive prices compared to other communities. Average annual grocery costs are $4,326, and utilities average $3,858.
Coastal Proximity: Foley is located on the Gulf Coast and is just a short, easy drive—about 15 to 20 minutes—to the white-sand beaches of Gulf Shores and Orange Beach. The area is great for boating, water sports, and fishing. Other options include the Antique Rose Trail for walking and biking, and the GlenLakes Golf Club, which offers senior-friendly rates.
Retirement Communities: The town has reputable retirement communities and assisted living facilities, such as Live Oak Village and Leisure Lake, offering amenities like clubhouses, pools, and low-maintenance lifestyles. A new 55-plus neighborhood, Cresswind at Sandy Creek, is also in development.
Vibrant Downtown: Foley has a historic downtown district known for Southern charm, locally owned shops, antique stores, museums, and a diverse dining scene. Downtown revitalization efforts have earned national recognition.
Growing City Services: Recent or planned city improvements include a $20 million library and community center, expanded police facilities, new fire stations, and upgrades to parks. Foley is recognized as one of the safest cities in Baldwin County.
You can view the full list of Alabama towns listed in World Atlas HERE.
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