DAYTON, Ohio (Dayton Business Journal) – The city of Dayton has been named the fifth-best place to retire in America, according to a new report.

By: John Bush, DBJ Senior Reporte

A census data report carried out by consumer finance startup ranked the Gem City No. 5 in its top 15 list of retirement destinations following an in-depth study that looked at affordability, health insurance, safety levels and other factors.

The report analyzed numerous variables, including median home values, homeowner costs, rent, health insurance coverage and safety levels, which Dollar Hand says are «all key priorities for seniors looking to enjoy a great quality of life during their retirement.» This data was used to create a score, with Dayton receiving a tally of 50.59. That score ranked Dayton the fifth-strongest city in the table of 15.

In particular, Dayton had an affordable median home value of $67,900, a modest median monthly homeowner cost of $587 and a solid median monthly rent of $730. Alongside the low cost of living, Dollar Hand says seniors are «spoiled for choice» when it comes to recreational activities, with options to visit local attractions such as museums and exhibitions, as well as parks with an abundance of green space.

The data was compiled and analyzed by Dollar Hand, an independent consumer finance intermediary that uses over 8,000 data points in a single loan application to connect borrowers with loans or other sources of finance.

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