Vernal, Utah
Vernal, Utah, is heavily reliant on the oil industry and is suffering as demand for fossil fuels declines. According to the Utah Geological Survey, crude production in the state is expected to drop by 20% in 2020, with another 10% drop expected in 2021. The surrounding Uintah County has been the state’s primary oil producer for more than 70 years, according to Mother Jones, but the ups and downs of the oil industry have taken a toll on the locals’ quality of life. Even though Vernal’s median household income is currently over $48,000, a fifth of the city’s residents are poor, and the unemployment rate is more than twice that of the rest of the state.
Vernal, Utah
Now that we’ve seen what cities in each state you should avoid when you want to move somewhere, that doesn’t mean that the rest of the state are equally as bad as its worst city. Which is why we’re changing things up a bit! This time, we’d be taking a look at the places you might want to move to (or not) for your retirement! Yes, we may have already talked about some of the negative things about some cities, but this time, we would be helping you out with your retirement plan.
Hawaii
Most retirees in the tropical state prefer to live in Maunawili, O’ahu, according to Niche.com. In addition, the state has a population of 1.4 million people. Because of its almost ethereal natural beauty, it is very appealing to people who are passionate. The average annual income for people aged 65 and up is more than $71,000. Hawaii’s cost of living is 87 percent higher than the national average, making it a poor choice for those hoping to stretch their savings for a long time.
Hawaii
