March 7, 2017 | Chad Smith Group
When it comes to relocating, many younger people are looking for communities that help their career and family lives thrive. Fortunately, if you're considering moving to Lexington, you can take comfort in knowing that this booming city is perfect for retirees. And best of all, you'll have lots of properties to choose from, including condos, single-family homes, studios, and lofts. It all depends on your preferences as to which neighborhood will be best suited for you, but you can rest assured that Lexington offers a great lifestyle for those who are looking for a place to retire. Here's a close look at the top six neighborhoods for retirees.

1. Stonewall Estates

Lexington KY neighborhoods
  • Median Income: $85,680
  • Median Age: 38
If you're in search of a quaint neighborhood that values security and safety, then Stonewall Estates will be perfect. With a population of right around 2,000 and a median annual income of $85,680, this neighborhood features large single-family homes, making it perfect for retirees. Best of all, you'll be located near a vast range of restaurants and grocery shops, making it exceptionally convenient to run to the store for something to eat. You'll also be near several attractions, including museums and parks. Because this neighborhood is on the higher-end, you can expect to have several property rules to follow, such as keeping your pets in your own yard, and you'll need to keep your lawn well-mowed and landscaped, too.

2. Palomar

Lexington KY neighborhoods
  • Median Age: 39
  • Median Income: $91,953
Palomar is a rather small neighborhood and is home to around 700 residents. Those living in this community tend to best established professionals and retirees, earning an annual household income of more than $90,000. You will find lots of retirees living in the community, many of which intend to stay here for many years to come. With Lexington being such a great place to retire, you will find Palomar to be an excellent place to lay some roots.

3. Rabbit Run

Lexington KY neighborhoods
  • Median Age: 38
  • Median Income: $95,599
This neighborhood is well known for its unique architecture, especially being that many of it's homes were built from the 1930's through the 1980's. You will need to have a large retirement budget before moving to the Rabbit Run community, as the average home will cost you upward of $250,000. The average income for those living in the community is $95,599, and while many of the homes may be old, most have been remodeled and updated to provide some of the latest amenities. From heated floors to fiber optic Internet access, these homes are sure to meet all of your first-class needs.

4. Crestwood

Lexington KY neighborhoods
  • Median Age: 37
  • Median Income: $65,150
If you are a retiree that has a large retirement budget, then Crestwoodis definitely a neighborhood in Lexington that you may want to consider moving to. The average price of a home in this community is $303,648, meaning you'll likely be making a monthly mortgage payment of around $2,000 . Because of the lenient ownership options, many homeowners in this community choose to rent out their homes, providing them with a great way to supplement their incomes. This neighborhood is well-known for its high amount of maintenance, and even better is that most residents are wealthy and educated.

5. Chevy Chase

Lexington KY neighborhoods
  • Median Age: 39
  • Median Income: $61,924
If you're a golfer, you'll definitely want to consider moving to Chevy Chase. This lovely neighborhood features easy access to some of Lexington's more famous golf clubs, as well as many of its finer eateries and attractions. The median household income for those living in Chevy Chase in $61,924, making it the perfect place for retirees. The population here is right around 1,000 people, meaning it's not a very big neighborhood, providing lots of privacy.

6. Holly Way

Lexington Is a Great Place for Retirees

Whether you're looking for a quiet neighborhood or a community that is always hustling and bustling, you will find many great places in Lexington to retire. The weather here provides with four great seasons, all of which are greatly differentiated from one another; this means you'll enjoy a warm Spring, hot Summer, cool Fall, and cold and snowy wintertime. Some of the best attractions in the city include:
  • Kentucky Horse Park
  • Keeneland
  • Mary Todd Lincoln House
  • Rupp Arena
  • Aviation Museum of Kentucky
  • The Red Mile
  • University of Kentucky Art Museum
  • Hunt-Morgan House


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