Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Retiring to a College Town
Old 06-23-2021, 10:35 AM   #1
Thinks s/he gets paid by the post
 
Join Date: Oct 2017
Location: Chapel Hill, NC
Posts: 3,708
Retiring to a College Town

I retired to a college town and I really like it. I went to UNC-Chapel Hill and then taught a few courses there over the years and when we retired we moved to Chapel Hill about 10 years ago. We live about a block from campus and walk or bike to campus almost every day. There are so many fun and interesting things to do on campus and around town (thing are opening back up now from the Covid shut down). This week UNC is having a summer jazz festival, with free concerts every night. Last night I went to an outdoor jazz concert and it was great. Many people retire to this area so there are many events geared to seniors. There is a Medical School here and one at Duke 8 miles down the road so there is excellent medical care.

For those of you looking for a place to retire, I suggest you look at college towns.
harllee is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 06-23-2021, 11:01 AM   #2
Thinks s/he gets paid by the post
 
Join Date: Jun 2002
Posts: 1,382
Have not actually lived in a college town. But for 8 years we lived in VT approximately midway between Burlington (U of VT) and Middlebury (Middlebury College). We certainly didn’t have the advantage of walking to a campus but attended many cultural and athletic events at both schools. I strongly second your suggestion.
__________________
friar1610
friar1610 is offline   Reply With Quote
Old 06-23-2021, 11:08 AM   #3
Administrator
MichaelB's Avatar
 
Join Date: Jan 2008
Location: Chicagoland again!
Posts: 35,259
Quote:
Originally Posted by harllee View Post
For those of you looking for a place to retire, I suggest you look at college towns.
I agree. So many cultural options, lots of performing arts. College towns also have lots of good restaurants with a wide variety of ethic options.
MichaelB is offline   Reply With Quote
Old 06-23-2021, 11:20 AM   #4
Full time employment: Posting here.
 
Join Date: Aug 2012
Posts: 952
Just make sure you don't actually live near fraternities, sororities or off campus student housing. Otherwise I can see the benefits.
finnski1 is offline   Reply With Quote
Old 06-23-2021, 11:29 AM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Feb 2013
Posts: 7,670
I don't live in a college town but we live in an urban area with multiple colleges not too far away. We also find them to be amazing sources of activities for seniors. I sign up for some of their theater, dance, music and astronomy department Facebook pages. U.C. Berkeley in our area has two really nice public gardens with scenic bay views open to the general public. Berkeley also has an astronomy night once a month open to the public, plus both Berkeley and Stanford are good sources of interesting speakers for the local, community astronomy clubs. Our local community college has surprisingly good play productions.
__________________
Even clouds seem bright and breezy, 'Cause the livin' is free and easy, See the rat race in a new way, Like you're wakin' up to a new day (Dr. Tarr and Professor Fether lyrics, Alan Parsons Project, based on an EA Poe story)
daylatedollarshort is offline   Reply With Quote
Old 06-23-2021, 11:35 AM   #6
gone traveling
 
Join Date: May 2021
Posts: 85
Quote:
Originally Posted by harllee View Post
I retired to a college town and I really like it. I went to UNC-Chapel Hill and then taught a few courses there over the years and when we retired we moved to Chapel Hill about 10 years ago. We live about a block from campus and walk or bike to campus almost every day. There are so many fun and interesting things to do on campus and around town (thing are opening back up now from the Covid shut down). This week UNC is having a summer jazz festival, with free concerts every night. Last night I went to an outdoor jazz concert and it was great. Many people retire to this area so there are many events geared to seniors. There is a Medical School here and one at Duke 8 miles down the road so there is excellent medical care.

For those of you looking for a place to retire, I suggest you look at college towns.
That's a great suggestions. One that gets mentioned a lot but forgotten often.
KingOfTheCheapos is offline   Reply With Quote
Is the Cost of Real Estate in College Towns Going Up or Down?
Old 06-23-2021, 11:37 AM   #7
gone traveling
 
Join Date: May 2021
Posts: 85
Is the Cost of Real Estate in College Towns Going Up or Down?

I'm curious whether this getting cheaper or more expensive? In the past I'd think it would be getting more expensive but with COVID and lots of colleges moving to on-line for 2020 and many keeping some online I see prices going down?
KingOfTheCheapos is offline   Reply With Quote
Old 06-23-2021, 11:44 AM   #8
Thinks s/he gets paid by the post
 
Join Date: Jun 2003
Location: Florida's First Coast
Posts: 4,991
We retired to a college town and like it.
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
ShokWaveRider is offline   Reply With Quote
Old 06-23-2021, 12:12 PM   #9
Thinks s/he gets paid by the post
 
Join Date: Oct 2017
Location: Chapel Hill, NC
Posts: 3,708
Quote:
Originally Posted by finnski1 View Post
Just make sure you don't actually live near fraternities, sororities or off campus student housing. Otherwise I can see the benefits.
Actually I have 3 sorority houses on my block. The sororities rarely make a lot of noise late at night. Sometimes I hear some cheering, singing and laughter during rush week but it is over pretty early. On the other hand the fraternities can be loud--they sometimes have loud bands outside. Our town has a pretty good noise ordinance that starts at 10 pm and that helps.

I like being around young people, I think it is fun to watch and remember my own youth.

One other thing I like about being in a college town is the diversity. I hear many foreign languages while I walk around town (or I did before Covid). The town also seems more tolerant of different life styles than other towns on my state.
harllee is offline   Reply With Quote
Old 06-23-2021, 08:17 PM   #10
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Koolau's Avatar
 
Join Date: Jul 2008
Location: Leeward Oahu
Posts: 6,696
There are several colleges and universities in Hawaii. Maybe I'm just getting old, but I don't see as much influence as I would expect for having so many schools and students. I suspect the tourist population washes out a lot of the influence. I do always know when U of H is out of session - traffic is bearable.
__________________
Ko'olau's Law -

Anything which can be used can be misused. Anything which can be misused will be.
Koolau is online now   Reply With Quote
Old 06-23-2021, 08:54 PM   #11
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Dec 2014
Location: Huntsville, AL/Helen, GA
Posts: 5,150
Like has been said, college towns are great places to retire to. They usually have decent restaurants, and cultural opportunities abound including sports, music programs and active theatre groups.

My university had a fraternity row where the houses looked nice from the street. Go inside and you quickly realize you've stepped into "Animal House." When that movie came out, I knew every person in it--including John Belusi's character. They were the brothers.

Many of the college towns now have condos developed by alumni for use on football weekends.
Bamaman is offline   Reply With Quote
Old 06-23-2021, 11:35 PM   #12
gone traveling
 
Join Date: Dec 2018
Posts: 1,196
Duke and UNC are bitter rivals especially in basketball, rarely you see anyone in Chapel Hill wearing a Duke shirt but Chapel Hill is a nice town. Down the road is Durham which has its sketchy parts near Duke.
Nick12 is offline   Reply With Quote
Old 06-24-2021, 04:36 AM   #13
Thinks s/he gets paid by the post
 
Join Date: Oct 2017
Location: Chapel Hill, NC
Posts: 3,708
Quote:
Originally Posted by Nick12 View Post
Duke and UNC are bitter rivals especially in basketball, rarely you see anyone in Chapel Hill wearing a Duke shirt but Chapel Hill is a nice town. Down the road is Durham which has its sketchy parts near Duke.
Duke and UNC are bitter rivals in everything. When newcomers come to town they have to choose which side to be on, no middle ground. I am a UNC Tar Heel all the way but DH just had his knee replaced at Duke and they did a very good job. I use to think Durham had a lot of sketchy areas but more recently they have really cleaned up their act and now most of the city, including downtown and around the University are nicer and have good restaurants and nice cultural events.
harllee is offline   Reply With Quote
Old 06-24-2021, 05:05 AM   #14
gone traveling
 
Join Date: Dec 2018
Posts: 1,196
Quote:
Originally Posted by harllee View Post
Duke and UNC are bitter rivals in everything. When newcomers come to town they have to choose which side to be on, no middle ground. I am a UNC Tar Heel all the way but DH just had his knee replaced at Duke and they did a very good job. I use to think Durham had a lot of sketchy areas but more recently they have really cleaned up their act and now most of the city, including downtown and around the University are nicer and have good restaurants and nice cultural events.
Most of Durham? Don't agree. Durham which is just a few miles from Chapel Hill still has high crime rates especially Lakewood which is adjacent to some of the expensive areas of Durham. Main street has continued to be cleaned up which is a good thing but Durham has a long way to go. When my relative went for his Duke MBA ( Fuqua ) we never ventured to Chapel Hill since like you said Duke and UNC are bitter rivals. That is so true.
Nick12 is offline   Reply With Quote
Old 06-24-2021, 06:38 AM   #15
Recycles dryer sheets
 
Join Date: Jun 2015
Posts: 122
We retired to Columbia, MO. City has wonderful parks, Katy Trail with spurs throughout the city, great health care and lots of activities. Not too crowded. University of Missouri, Stephens College, and Columbia College. We can hop on a trail and walk into town - never crossing a busy street (tunnels). Affordable housing, though prices are rising. However, plenty of land to expand.
molly312 is offline   Reply With Quote
Old 06-24-2021, 07:34 AM   #16
Moderator
Jerry1's Avatar
 
Join Date: Nov 2014
Posts: 5,610
Quote:
Originally Posted by molly312 View Post
We retired to Columbia, MO. City has wonderful parks, Katy Trail with spurs throughout the city, great health care and lots of activities. Not too crowded. University of Missouri, Stephens College, and Columbia College. We can hop on a trail and walk into town - never crossing a busy street (tunnels). Affordable housing, though prices are rising. However, plenty of land to expand.
My dad retired to Columbia about 30 years ago. He had a house there where a couple of his wifeís kids based themselves for college and then later, he renovated it and moved there. He has been very happy there.
__________________
Every day when I open my eyes now it feels like a Saturday - David Gray
Jerry1 is offline   Reply With Quote
Old 06-24-2021, 07:37 AM   #17
Thinks s/he gets paid by the post
GalaxyBoy's Avatar
 
Join Date: Jul 2009
Location: The Beautiful Blue Ridge Mountains
Posts: 2,265
Quote:
Originally Posted by KingOfTheCheapos View Post
I'm curious whether this getting cheaper or more expensive? In the past I'd think it would be getting more expensive but with COVID and lots of colleges moving to on-line for 2020 and many keeping some online I see prices going down?
With real estate skyrocketing in general it's hard to say. In my area Virginia Tech is rapidly expanding and there's an exceptional demand for housing in Blacksburg, not just for students but for all the other people who support the university as well as the local economy. I read that single-family housing is especially in short supply.
GalaxyBoy is offline   Reply With Quote
Old 06-24-2021, 07:49 AM   #18
Thinks s/he gets paid by the post
 
Join Date: Oct 2017
Location: Chapel Hill, NC
Posts: 3,708
Housing prices in Chapel Hill have definitely been going up recently and will probably continue. Chapel Hill is one of the more expensive places to live in NC but still it is low cost of living compared to many places in the U.S.
harllee is offline   Reply With Quote
Old 06-24-2021, 09:24 AM   #19
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 30,508
Once upon a time Austin was a somewhat sleepy university town, and the Texas legislature only met every two years for 140 days so didn’t have much impact. Not small or sleepy anymore, as high tech industry dwarfs everything else and many very wealthy technologists live there now.
__________________
Retired since summer 1999.
audreyh1 is online now   Reply With Quote
Old 06-24-2021, 09:42 AM   #20
Thinks s/he gets paid by the post
 
Join Date: Aug 2016
Location: Northern Virginia
Posts: 3,539
Quote:
Originally Posted by audreyh1 View Post
Once upon a time Austin was a somewhat sleepy university town, and the Texas legislature only met every two years for 140 days so didnít have much impact. Not small or sleepy anymore, as high tech industry dwarfs everything else and many very wealthy technologists live there now.
Yes. People I know from there do not recognize it anymore. I would not think of it as a college town, but a large city with a huge university.

Having said that some nearby areas can be attractive, such as Georgetown.

That Austin-San Antonio corridor sure is getting busy and developed.
Montecfo is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Retiring to a rural setting or small town street Life after FIRE 156 03-05-2017 04:34 PM
Has anyone considered retiring to the town you grew up in? Forced to Retire Life after FIRE 117 09-18-2016 11:13 PM
Purchase in a pricey area or college town? Orchidflower Other topics 44 03-28-2009 05:58 PM

» Quick Links

 
All times are GMT -6. The time now is 10:05 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2021, vBulletin Solutions, Inc.