South Carolina has become a destination for retirees. Most often, coastal areas and places in the Upstate are cited as the top locations. Add Orangeburg to the list.
The fifth annual study of Best Places to Retire by Smart Asset, a financial technology company, ranks Oangeburg eighth on the list of 10 top places to retire in South Carolina.
The study rated cities by their tax friendliness, recreational and social opportunties for seniors and availablity of medical care.
It looked at state and local tax rates, considering two types, income and sales, calculating 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.
The study determined the number of doctors’ offices, recreation centers and retirement centers per thousand residents in each area. And it ranked locations on the number of seniors as a percentage of the total population.
South Carolnina’s top retirement locations are: 1)Seneca, 2)Murrells Inlet, 3)Hilton Head Island, 4)Myrtle Beach, 5)Greenville, 6)Anderson, 7)Beaufort. After Orangeburg at No. 8 is Georgetown and West Columbia.
Orangeburg’s effective tax rate was calculated at 16%. It has 3.4 doctors’ offices per 1,000 people and .8 recreation centers per 1,000. The percent of seniors in the total population is 13.3%, leading to an overall retirement index score of 30.07. By comparison, No. 1 Seneca’s score is 39.31.
Some may be surprised at Orangeburg’s score, but they should not be. Expanding the playing field to all of Orangeburg County, we remind you today of a T&D project in 2017 that identified the top 10 reasons to choose the county as a place to live, work and do business.
• Orangeburg County boasts a diverse industrial landscape of more than 100 firms, with manufacturers employing more than 8,200.
• Situated at the nexus between two major interstate highways -- just 41 miles from the state capital of Columbia and 75 miles from Charleston -- Orangeburg County offers location and convenience.
• Mother Nature is kind to Orangeburg County, which has an average normal temperature of 64.4 degrees.
• The county offers plenty of fishing, hunting, golfing, camping, museums and festivals. Orangeburg is home to the famous Edisto Memorial Gardens and Lake Marion is a major recreational attraction.
• Whether referring to the city or the county, Orangeburg is a "community.” Leaders are passionate about their home.
• Orangeburg County features affordable homes, low utility rates, outdoor recreational opportunities and plenty of places to satisfy your palate.
• Orangeburg County offers rich choices in education with four institutions of higher learning.
• The Regional Medical Center and Family Health Centers Inc. serve the citizens of Orangeburg and surrounding counties with comprehensive health care services.
• Revitalization efforts begin with downtown Orangeburg and extend to all areas of the county.
• Orangeburg County's more than 300 churches create a community rooted in love for service to its social and spiritual needs.
You can review the special edition from 2017 with this editorial today at TheTandD.com. You’ll learn a lot more about what makes our home special. Then you can help spread the word about Orangeburg as a leading retirement destination.