10 best U.S. suburbs for retirement

Fly-fishing in Missoula, Montana.
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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

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9. Bermuda Run, North Carolina

Mean household income: $108,558

Median home listing price: $167,450

Property tax: $1,666

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8. Dennis, Massachusetts

Mean household income: $97,988

Median home listing price: $362,400

Property tax: $2,634

Marthas Vineyard, Massachusetts.
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7. Plantation, Florida

Mean household income: $79,797

Median home listing price: $329,250

Property tax: $4,122

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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

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4. Fairfield Harbour, North Carolina

Mean household income: $65,903

Median home listing price: $189,900

Property tax: $1,343

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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
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1. Timber Pines, Florida

Mean household income: $56,974

Median home listing price: $159,900

Property tax: $1,590

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