SNELLVILLE – The city is one of the top places to retire in the state, according to a new study.
The study, by SmartAsset, a financial technology company, ranked the cities with the most recreational and social opportunities for retirees. SmartAsset’s index factors in the number of recreation centers and retirement centers available to seniors as well as the percentage of the city’s population they represent.
Snellville finished sixth in the state in the rankings.
The study looked at state and local tax rates, considering two types of taxes - income and sales. The study calculated effective rates based on a typical retiree, earning $35,000 annually (from retirement savings, social security or part-time employment), and spending their disposable income on taxable goods. Next the study determined the number of doctors’ offices, recreation centers and retirement centers per 1,000 residents in each area. Finally, it found the number of seniors in each area as a percentage of the total population.
Snellville has 7.9 doctor’s offices, one recreation center and .5 retirement centers per 1,000 people. The percentage of the population deemed a “senior” is 17.1 of Snellville’s population.