When I think about retirees in New Jersey, I think of places like Holiday City, Manchester, Leisure Village, and others. Actually, when I think of retirees in New Jersey (which I don’t do often), I think of them fleeing to Florida or the Carolinas.

While many do choose to leave, there are reasons people stay in New Jersey when they retire:

New Jersey offers a high quality of life for retirees, with access to recreational facilities, social activities, health care, and education. The state has many beautiful natural attractions, such as the Jersey Shore, the Pine Barrens, and the Delaware Water Gap. It also has a rich cultural and historical heritage, with museums, theaters, and landmarks. New Jersey is close to major cities like New York and Philadelphia, which offer more entertainment and opportunities.

Adventurous senior couple taking travel selfie at Giglio Island

Of course, there are reasons people are eager to leave, too:

New Jersey is one of the most tax-unfriendly states for retirees, with high property taxes, income taxes, and inheritance taxes. However, some retirees may qualify for tax exemptions or deductions on their retirement income, depending on their income level and source of income.

According to Finance Buzz, the most popular city for retirees in New Jersey is Princeton.

Photo by Tim Alex on Unsplash
Photo by Tim Alex on Unsplash

Here’s how they describe Princeton:

The incredibly charming city of Princeton is even better than it looks in photos, and Princeton University isn’t the only attraction in this college town. There’s shopping, restaurants, history, and quick access to New York and Philadelphia.

Looking at some of the other states, Finance Buzz seems to place a premium on college towns for retirees (or maybe that’s where the retirees are choosing to live). I always think of Princeton as being pretty pricey, so it wouldn’t seem like it would be desirable for anyone on a fixed income, but there it is.

Interestingly, Finance Buzz doesn’t explain the methodology they used to arrive at their conclusions.

15 US Cities You Can't Afford In 5 Years + The most expensive in NJ as of now

According to Financebuzz.com, you're not going to be able to afford these 15 cities in 5 years across the US. Plus a look at 5 of New Jersey's least affordable places today.

Gallery Credit: Kyle Matthews, Mike Brant

America's new #1 supermarket has 21 locations in New Jersey

The ACSI (American Customer Satisfaction Index) analyzed data to determine which supermarket chains ranked highest in customer service. Even though some numbers appear to be the same, there are numerous factors that help determine the overall ranking across the U.S. that are not listed here.

Gallery Credit: Mike Brant

Opinions expressed in the post above are those of New Jersey 101.5 talk show host Bill Doyle only.

You can now listen to Deminski & Doyle — On Demand! Hear New Jersey’s favorite afternoon radio show any day of the week. Download the Deminski & Doyle show wherever you get podcasts, on our free app, or listen right now.

Click here to contact an editor about feedback or a correction for this story.

More From New Jersey 101.5 FM