6 Top-Ranked Towns in Michigan for Retirees

Michigan is known as the "Great Lakes State" because it is the only state in the country that shares borders with four out of the five Great Lakes. While the state has abundant natural beauty, with numerous lakes, streams, and waterfalls, it is also becoming an ideal destination for retirees.

With its low cost of living, a beneficial tax structure, and plenty of activities to keep seniors engaged, Michigan stands out with its charming small towns that offer tranquil spots to spend the "golden" years. Here are six of the best communities to consider when entering the retirement phase of life.

Holland

This community sits on the shore of Lake Macatawa and the eastern side of Lake Michigan. The town is a suburb of Grand Rapids and has found its way onto several top places to retire lists. With a low cost of living, excellent schools, and diverse cultures, Holland might be the place seniors have been looking for. The median cost of a home is around $300,000, which is below the national median ($380,000). Almost two-thirds of the residents own their own homes, and 16.9% of the population is aged 65 and over. There is a fine local hospital, but residents usually drive to Grand Rapids, about 40 minutes away, for specialized services. 

Holland is one of the prettiest locales to visit during the spring when the tulips bloom. Throughout the town, there are colorful flower beds filled with vibrant colors. The Windmill Island Gardens has fields of tulips that bloom yearly, with a working grist mill. If you prefer the beach, the Hutton State Park Beach is on Lake Michigan and features a beautiful place to walk along the shoreline.

The downtown district has plenty of Victorian architecture and cobblestone sidewalks to add to the ambiance. With more than 100 locally owned shops, galleries, and dining options, there is always something to do. If you visit, be sure to grab a bite at Deboer Bakkerij, which has authentic Danish pastries and strudles. The Centennial Inn is a quaint Bed and Breakfast in a restored Victorian home. 

Frankenmuth

Known as "Michigan's Little Bavaria" for its strong German heritage, Frankenmuth boasts a picturesque setting with its European-inspired architecture. The town has lush parks, scenic riverside walks, and charming shops. Retirees can enjoy the tranquility of the Cass River, explore the iconic Covered Bridge, and immerse themselves in the town's many quaint attractions.

The cost of living in Frankenmuth is reasonable, making it an attractive option for retirees. With a median home price of $350,000 and an average rent of $748 per month, housing expenses are lower than the national average. The community has a strong senior presence, with almost 30% of the residents aged 65 and over. 

One of the best places to lose yourself for a day is the Frankenmuth River Place Shops, with over 40 unique small stores in a Bavarian village setting. The Bronner Christmas Wonderland is a must-visit during the holidays, with hundreds of thousands of unique ornaments and holiday decorations. History buffs will enjoy the many museums and historic sites, like the Michigan Heroes Museum or the Frankenmuth Historical Museum, with interesting local history displays. When you stay, there are several unique bed and breakfasts, including Bender Haus, Midtown B & B, or Frankenmuth Country Bed and Breakfast, located just north of town. For dining, Prost is a delightful wine bar, and Honey B's is a popular local spot for breakfast or brunch. 

Petoskey

This small town sits along Lake Michigan's Little Traverse Bay, offering retirees a stunning waterfront setting. The town is known for its historic architecture, boutique shopping, and abundant outdoor recreational opportunities. The median price for a home is $400,000, and the average monthly rent runs around $839. Almost 20% of the residents are retired over the age of 65.

Retirees can indulge in outdoor activities like hiking and biking at the Petoskey State Park or stroll along the beach while searching for fossilized coral stones. The Bear River Recreational Area features a beautiful trail along the water in the city's heart. There are plenty of places to capture beautiful fall foliage or even fish along the rapids.

The Gaslight district is filled with historic architecture, shops, and boutiques. This community loves to celebrate, so don't be surprised if you visit during a festival. Travelers often stay at the Stafford's Perry Hotel, a 122-year-old historic hotel sitting on the water. The dining options are plentiful, but the Palette Bistro is a unique casual spot with a Mediterrain-inspired menu. If you need a burger and an excellent craft beer, try the Petosky Brewing Company. 

Marquette

Located in Michigan's Upper Peninsula, Marquette sits on the shores of Lake Superior and combines natural beauty with an active outdoor lifestyle. The town has a rich history in iron ore, and during the late 1800s, it was a significant port for the resource. Throughout its history, Lake Superior's pristine forests and calm shores have made the town a summer haven for tourists. Today, retirees can find ample opportunities to stay active by embracing the many hiking and biking trails and excellent fishing and winter sports.

The median home price in Marquette is $300,000, significantly less than the national average. The town's safe streets and lower cost of living make the area very appealing. There is excellent access to medical care with several hospitals and medical centers, and finding specialized care is not an issue. 

The town has a vibrant arts scene, and one of the best venues to explore is the Lakenenland Sculpture Park, with its vast array of sculptures made from scrap iron. Outdoor enthusiasts will love the Presque State Park, which has picture-perfect scenic views. If you want to shop, venture downtown, where you can find eclectic shops and galleries. If you need a place to eat, do not miss the Portside Inn, a popular local hangout with great burgers. Donckers is a lovely breakfast place where you can shop their artisan chocolates and caramels and then sit at the counter to order pancakes. Don't be surprised if you have to wait for a seat; it is always pretty busy. 

Traverse City

Traverse City is located on the shores of Lake Michigan's Grand Traverse Bay, and it's a popular destination for visitors and retirees due to its stunning natural beauty and lively community. Although the city has a higher-than-average home value of $380,000, the overall cost of living is lower, making it an attractive option for seniors. Additionally, the town offers excellent outdoor activities and top-notch medical care. With 23.4% of the population over 65 years old, there is strong support for services dedicated to the elderly.

Outdoor adventurers will want to explore the many freshwater beaches or the Sleeping Bear Dunes National Lakeshore. Traverse City's downtown area adds charm with diverse boutique shops, art galleries, and delectable restaurants. The city's commitment to the arts is evident in its numerous cultural events and festivals. Whether attending the Traverse City Film Festival or strolling through the downtown streets during the National Cherry Festival, retirees can immerse themselves in a rich cultural tapestry. Be sure to stay at the Cambria Suites Hotel with its excellent dining option, Reflect Bistro.

Okemos

Okemos is a suburb of Lansing and is consistently rated high for its housing, educational system, and diverse population. The median price for a home is $380,000, which is slightly higher than in other areas. Still, with the amenities and convenience of being located near an urban center, there is much to like about this town of 25,000 residents. There is excellent medical care, and the town has safe streets, abundant places of worship, and a host of family neighborhoods. Most of the town supports young families, with 15% of the town's population over 65 years of age. The residents are amiable, and retirees will find them hospitable and welcoming. 

Retirees will love exploring the Harris Nature Center or wandering through the vintage buildings at the Meridian Historical Village. The town is near many family farms and orchards, so finding fresh meal produce is never a problem. If you stay in Okemos, there are several motel options, and the Wild Goose Inn is in nearby East Lansing. Be sure to stop by the Stillwater Grill, one of the town's favorite local hangouts. 

In Conclusion

Michigan's small towns provide a perfect retirement destination for those seeking natural beauty, tranquility, and engaging activities. Whether looking for the charm of European-inspired architecture, the serenity of lakefront living, or a blend of small-town life with urban amenities, these six towns offer an idyllic lifestyle. Retirees who choose to start this new chapter of their life here will find themselves living in some of the best places for senior living in the country.