Best places to retire in Kentucky

Everyone wants a great retirement. For the right senior, Kentucky has the potential to offer just that. Best known for appealing landscapes and its heavy horse culture, Kentucky also brings an interesting history and generally friendly communities to the table. Today, we explore some of the best cities to retire to in Kentucky, as well as the unique perks that each of these cities offers to retirees.

Kentucky’s largest city, Louisville, offers urban vibrancy without sacrificing some of the countryside appeal of Kentucky. It’s also home to the famous Kentucky Derby. Talking about horses, Lexington is known as the ‘horse capital of the world,’ and has plenty of soothing views and things to do. Embrace small-town charm in Bowling Green, or dive deep into the arts in trendy Paducah. If you’re looking for another great riverside destination, try Owensboro.

Why Retire to Kentucky?

Kentucky, or the ‘Bluegrass State’, is another state known for Southern hospitality and natural beauty. It’s also a reasonably affordable state, with the low cost of living being the major drawcard. It also ranks in the middle of the U.S. states for healthcare, with the best access coming from larger towns.

It’s a tax-friendly state for retirees, with Social Security being completely untaxed. Other forms of retirement income are partially taxed, but it isn’t onerous. Also, there are some tax credits that will help you lower your bill if you’re reliant on these forms of income. Property values are low here, so are the property taxes. Sales taxes are moderate, with some key retirement categories completely exempt.

Best Places to Retire in Kentucky

While there are plenty of fantastic places to retire in Kentucky, there are a few stand-out cities. They include:

Louisville

Louisville, the largest city in Kentucky, is a fantastic retirement destination for those who want the best of both worlds – the convenience of city living but a little countryside charm. It has a thriving arts scene, great dining, and plenty to do throughout the year, including watching the famous Kentucky Derby.

Unlike some parts of the state, medical facilities in Louisville are top-notch, and you will have the choice of several well-known hospitals and medical centers. Of course, this city also has the highest cost of living in the state, but that’s to be expected. You’ll find everything from condos packed with mod-cons to historic homes here.

Lexington

Like horses? Want to spend a retirement surrounded by all things equine? Then Lexington, the ‘Horse Capital of the World’ will appeal to you. Along with its equestrian inhabitants comes lush pasture and rolling hills, making it a scenic town. As with Louisville, you’ll have strong healthcare access here, and the cost of living is moderate.

But the town isn’t just about horses. You’ll also find theaters, galleries, and live music to enjoy. If you love the outdoors, the Kentucky Horse Park, historic sites like Ashland, and plenty of beautiful scenery along Bluegrass Parkway await.

Bowling Green

If city living isn’t for you, the hidden gem of Bowling Green, tucked into south-central Kentucky, is worth considering. It is both charming and affordable, with a lower cost of living than most of the state.

This is also the home of Western Kentucky University if you’re hoping to volunteer or even build up your own academic leanings. There are also theaters, parks, and golf courses. It’s a laid-back and friendly town where you can develop a close-knit sense of community.

Paducah

Located in western Kentucky along the Ohio River, Paducah is developing a reputation as a haven for the arts- perfect for creative retirees. It holds a UNESCO-designated Creative City of Crafts and Folk Art title! It’s also a riverside town with lovely views and a lower cost of living than you’d expect. Houses are pretty affordable, and there’s quality medical care.

The city's artistic spirit is evident in its historic downtown, where you can explore art galleries, craft shops, and the National Quilt Museum. Tranquility and inspiration are both easy to come by here.

Owensboro

Another riverfront gem, Owensboro lies along the Ohio River in western Kentucky. The cost of living is below the national average, and lower than in Paducah, so it’s easy to live an enjoyable lifestyle even on a constrained budget. Foodies take note- this is the home of the annual International Bar-B-Q Festival, highlighting the best of Southern comfort food.

The Owensboro Health Regional Hospital will keep you fit and healthy. Retirees can explore the scenic Smothers Park, take riverfront strolls, and enjoy local music festivals for a great balance of tranquility and activity in retirement.

Frankfort

Frankfort, the state capital, is a surprisingly great choice for retirees. The city's historic downtown features beautiful Victorian architecture, boutique shops, and art galleries. Frankfort's cost of living is relatively affordable, with reasonably priced housing options.

With Kentucky State University on hand, you’ll stay intellectually stimulated and have some fun cultural events to enjoy.  Retirees can explore the Kentucky History Center, visit the State Capitol, and enjoy the scenic views along the Kentucky River. The local healthcare system is robust, and Frankfort's small-town atmosphere feels close-knit and community-focused.

Elizabethtown

Fondly known as ‘E-Town’, Elizabethtown is a peaceful and scenic destination for retirees. In fact, the city is rather quaint. It’s known for its historic downtown area, offering a mix of antique stores, local boutiques, and eateries. Freeman Lake Park and the Bernheim Arboretum and Research Forest lie right at hand, so there’s plenty to do in the outdoors. The healthcare is solid, and the overall atmosphere is serene.

Whether you prefer the vibrant urban atmosphere of Louisville, E-Town’s serene and tranquil pace of life, the equestrian allure of Lexington, the small-town charm of Bowling Green, the wonderfully balanced pace of life in Frankfort, the artsy haven of Paducah, or the riverfront tranquility of Owensboro, the Bluegrass State has something special for every retiree.