Oxford, Mississippi, has been selected a top retirement destination by Where to Retire, the only magazine in America geared toward helping people with retirement relocation decisions. Oxford is profiled in a feature titled “8 Tax-Friendly Cities” in the January/February 2018 issue, available nationwide on December 12.
Where to Retire Editor Annette Fuller said many relocating retirees consider taxes when making their move. “Retirees find they must take into account the tax situation in their potential location to make a well-rounded, wise decision. With a historic downtown and all the benefits of the University of Mississippi, Oxford paints an overall rosy picture, with a lesser tax bite,” Fuller said.
Each year, 700,000 Americans relocate to new towns to retire. Generally, relocating retirees are healthier, better educated and more affluent than those who choose to not relocate. They bring significant economic benefits to their new states and hometowns. Nationally, two dozen states and hundreds of towns seek to attract retirees as a source of economic development.