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Fairport, Webster shine in report on N.Y.’s best places to retire

Fairport is the third best place to retire in New York and Webster is sixth, a report from SmartAsset shows.

The report looked at state and local income and sales tax rates and calculated effective rates based on a typical retiree, earning $35,000 annually and spending their disposable income on taxable goods. The report also determined the number of doctors’ offices, recreation centers and retirement centers per thousand residents in each area. Finally, SmartAsset found the number of seniors in each area as a percentage of the total population.

Fairport’s effective tax rate is 17.9 percent and has 7.8 doctors’ offices per 1,000 people, the report states. The area has 3.5 recreation centers and 0.7 retirement centers per 1,000 people. Some 21.5 percent of Fairport’s residents are seniors.

Webster’s tax rate is the same as that of Fairport and it has 7.1 doctors’ offices per 1,000 people. Webster has four recreation centers and 0.4 retirement centers per 1,000 people. Nearly 15 percent of Webster’s population is seniors.

The best place statewide to retire is Great Neck, Nassau County.

Last year, Fairport ranked third statewide, Webster ranked fourth and Canandaigua ranked fifth.

Follow Velvet Spicer on Twitter: @Velvet_Spicer

(c) 2017 Rochester Business Journal. To obtain permission to reprint this article, call 585-363-7269 or email madams@bridgetowermedia.com.

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