10 best U.S. suburbs for retirement

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Your Money, Your Future

10 best U.S. suburbs for retirement

Fly-fishing in Missoula, Montana.
johnrandallalves | Getty Images

You may not want to retire in a large city with a big population.

And the good news is there are some quality suburbs from which to choose.

Personal finance website GOBankingRates recently ranked the top suburbs for retirees based on cost of living, median home prices and property tax rates, among other criteria.

Many of the towns that landed on the top 10 are based in Southern states across the country.

"They offer both cheap costs of living and social conditions that are conducive to retirees," said Andrew DePietro, content strategist, research and data analyst at ConsumerTrack, the company that owns GOBankingRates.

Here's where you may want to settle down in your golden years.

  • 10. Olympia Fields, Illinois

    Mean household income: $116,779

    Median home listing price: $185,000

    Property tax (based on median home price): $4,249

  • Top States 2015: Illinois
    Fotosearch | Getty Images
  • 9. Bermuda Run, North Carolina

    Mean household income: $108,558

    Median home listing price: $167,450

    Property tax: $1,666

  • Golf retirement
    alexsokolov | Getty Images
  • 8. Dennis, Massachusetts

    Mean household income: $97,988

    Median home listing price: $362,400

    Property tax: $2,634

  • Marthas Vineyard, Massachusetts.
    Steve Dunwell | Getty Images
  • 7. Plantation, Florida

    Mean household income: $79,797

    Median home listing price: $329,250

    Property tax: $4,122

  • John Meyer | E+ | Getty Images
  • 6. Pecan Plantation, Texas

    Mean household income: $97,902

    Median home listing price: $279,900

    Property tax: $2,733

  • Boone Pickens quail hunting on Mesa Vista Ranch.
    Handout: Mesa Vista Ranch
  • 5. Sun City, Arizona

    Mean household income: $46,040

    Median home listing price: $169,900

    Property tax: $1,356

  • 554076959
    Thomas Roche | Getty Images
  • 4. Fairfield Harbour, North Carolina

    Mean household income: $65,903

    Median home listing price: $189,900

    Property tax: $1,343

  • Dougal Waters | Digital Vision | Getty Images
  • 3. Sunset Beach, North Carolina

    Mean household income: $70,992

    Median home listing price: $324,900

    Property tax: $1,348

  • The Outer Banks, North Carolina.
    Mark VanDyke Photography | iStock | Getty Images
  • 2. Green Valley, Arizona

    Mean household income: $59,317

    Median home listing price: $198,990

    Property tax: $1,800

  • Sunset in Saguaro National Park, Arizona
    Tonda | Getty Images
  • 1. Timber Pines, Florida

    Mean household income: $56,974

    Median home listing price: $159,900

    Property tax: $1,590

  • 506327061
    Squaredpixels | Getty Images