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Wilmington ranked 7th best city for working in retirement

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A new study by SmartAsset, a financial consulting company, has identified Wilmington as the seventh best city for working in retirement based on a combination lifestyle and economic factors.

For one, Wilmington has an effective retirement tax rate of 9.4 percent, the second lowest in the study. It also has the eighth-highest rate of medical centers per 1,000 residents and third-highest rate of recreation centers.

The study looked a total of 389 cities across the country.

The full top ten list includes:

  1. Boca Raton, FL
  2. Billings, MT
  3. Rapid City, SD
  4. Edmond, OK
  5. Tyler, TX
  6. Portland, ME
  7. Wilmington, DE
  8. Scottsdale, AZ
  9. Salem, OR
  10. Livonia, MI (Tie)  + Troy, MI (Tie)

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