Scottsdale, AZ

Scottsdale Ranks as the 2nd Best City in the US to Retire

Mark Hake

5 Arizona Cities Rank in the Top 50 in a Survey by WalletHub

Scottsdale, Arizona was recently ranked the second-best retirement city in the U.S. It came in strong in a survey by WalletHub for the "Best and Worst Cities to Retire (2023)."

Arizona ended up with five cities in the top 50. The five cities are, by ranking:

  • ranked #2 - Scottsdale, AZ;
  • ranked #16 - Tempe, AZ;
  • ranked #42 - Tucson, AZ
  • ranked #45 - Chandler, AZ, and
  • ranked #47 - Phoenix, AZ.

Arizona has the most cities in the top 50 ranked in the survey, other than Florida and California.

The survey generated a total score from 4 factors: affordability, activities, quality of life, and healthcare.

Note that almost all of the Arizona cities in this survey other than Tucson are in the Phoenix metropolitan area. That shows how popular the Phoenix metropolitan area (other than possibly Mesa) has become for retirees.

Recently, Scottsdale was ranked as the nation's 8th most educated city in the U.S. in a Forbes survey. As a result, the city has become more attractive to employers.

Other High Ranking States

Florida has 9 cities ranked in the top 50, including Tampa, which was ranked #1.

The other Florida cities are Fort Lauderdale (#3), Orlando (#4), Miami (#5), St. Petersburg (#12), Cape Coral (#23), Pembroke Pines (#25), Jacksonville (#39), and Port St. Lucie (#48).

California has 6 cities ranked in the top 50. They are San Francisco (#11), San Diego (#20), Glendale (#33), Los Angeles (#34), Sacramento (#41), and Huntington Beach (#46).

Why People Like Arizona

Arizona is popular with retirees for many reasons. The weather is one of the chief reasons. Arizona is much warmer in winter compared to most other states in the U.S.

Here are some other reasons, according to Leisurecare.com:

  • Arizona has tax benefits: Arizona does not tax social security income, nor does it have a gift tax, estate tax, or inheritance tax;
  • Arizona is a desert state - it has the quality of life benefits for those with allergy and asthma issues;
  • Arizona has breathtaking parks and natural landscapes, including the Grand Canyon, Red Rock State Park, and numerous other parks;
  • Golf courses and resorts galore - this is a specialty and feature of Scottsdale, AZ, and other cities in the Phoenix metropolitan area.
  • Other reasons are luxury shopping, perfect weather, diversity, great healthcare, and a "strong state culture."

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Mark R. Hake, CFA, writes articles on national and local news, stocks, and market events at Kiplinger.com, Barchart.com, Medium.com, and Newsbreak.com as well as TalkMarkets. He is also the Chief Strategy Officer for AnaChart, a new sell-side stock analyst tracking service.


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Mark Hake is a financial analyst, investor, and Chartered Financial Analyst (CFA). He writes about US and foreign stocks and wealth, financial, and economic issues. He previously ran his own hedge fund and investment research firm and is presently Chief Strategy Officer for Foldstar Inc. and AnaChart.com.

Phoenix, AZ
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