Are you thinking of retiring in the Palm Springs area? Stay tuned for the top reasons to retire here in Palm Springs.
Hi. Neal here, realtor in the Palm Springs area. So you're thinking of retiring and moving to Palm Springs. There are lots of good reasons and things you should consider. The Palm Springs area is considered a world-class resort destination. It consists of popular cities like Palm Desert Indio, La Quinta, Indian Wells, Rancho Mirage, and Desert Hot Springs.
The Palm Springs area was made famous a few decades ago, thanks to celebrities like Frank Sinatra, Bob Hope, and Lucy and Desi Arnaz. They would all flock to the desert to get away from the hustle and bustle of Los Angeles. The Palm Springs area still attracts celebrities from television, the movies and musicians. But also, more and more baby boomers from all over the country are coming to Palm Springs now.
The Palm Springs area is known for its beautiful landscape and climate. It's also known for its endless recreational activities and events, the high end shopping, dining and cultural attractions. Not to mention the hiking, the golf and tennis events. And music festivals, including Stagecoach and Coachella. And there's a whole lot more going on here.
There's plenty to keep retirees busy here year round. The Palm Springs area has a long list of 55 plus communities that cater to the active and social lifestyles that retirees are seeking. Another big factor is the price of homes in the Palm Springs area. They're much more affordable than many other Southern California areas. And our cost of living is better also. I've done another video on the pros and cons of living in the Palm Springs area. You may want to check that out.
It's no wonder so many retirees choose the Palm Springs area as their ideal retirement destination. Now, let's take a look at some of the main reasons people retire to Palm Springs, California. Number one, the climate. Palm Springs receives at least 300 days of sunshine every year. Retirees choose to retire in Palm Springs for the beautiful year round hot and dry climate. In the summer, temperatures can rise to 100 degrees and sometimes higher. And they drop to 70 to 80 degrees at night. And winter days are warm with temperatures ranging from the 70s and low 80s and dropping into the 50s at night. You don't have to worry about having an umbrella because the Palm Springs area only receives about five and a half inches of rain each year. However, one thing that you do need is a lot of sunscreen.
Reason number two, attractions and recreation. If you're moving to Palm Springs and the Coachella Valley area, there's always something to do. Besides the breathtaking mountain views in all directions, there are all kinds of recreational opportunities. If you like hiking, check out the trails at the top of the Palm Springs Aerial Tramway on Mount San Jacinto, which is over 10,000 feet above the desert floor. And you don't want to miss the Tahquitz Canyon, Bump and Grind Trail or the five and a half mile long Chino Canyon trail. You also don't want to miss The Living Desert Zoo and Gardens, which always has new plants and animals and other exhibits.
For art lovers, you'll love the three Palm Springs art museums, all with ongoing programs and new exhibits and events. The Palm Springs Air Museum is world-class and now has a stealth plane on display, along with all of the World War II, Korean and Vietnam combat planes and aviation art. The Tramway Gas Station is also a great place to start looking at all the mid century modern architecture that Palm Springs is famous for.
And you can think about Palm Springs and not talk about golf and tennis. The Palm Springs area is host to the annual American Express PGA Tournament and the annual LPGA Golf Tournament held on the Dinah Shore Course at Mission Hills. And of course the BNP Paribas Tournament held at the Tennis Gardens in Indian Wells. There are many golf courses for golfers of all skill levels throughout the Coachella Valley. And also, you'll find tennis and pickleball courts, there are numerous places where they're located, all across the Coachella Valley. Let's not forget about the casinos. Along with gaming and dining, many of these casinos offer first-class, Vega style entertainment, including the Agua Caliente Casino, Fantasy Springs Casino, and the Spotlight 29 Casino.
Item number three, healthcare. One reason retirees consider the Palm Springs area is because it's known for its high quality medical facilities. There are several hospitals in the Coachella Valley that are ranked highly, including Desert Regional in Palm Springs, that was ranked as best regional hospital by US News. And then there's Eisenhower Medical Center that's also nationally ranked and very well known. The Palm Springs area is known for its doctors that are highly specialized, which is something that retirees are always looking for. So healthcare costs here are also lower than the national average.
Item number four, cost of living and taxes. Retirees living in 55 plus communities find that compared to others areas it's actually pocketbook friendly. The actual cost of living is less or about the same in many categories as it is across the US. Many of the 55 plus communities have great amenities included, including gated communities, dog parks, walking trails, pools and spas, clubhouse, tennis and pickleball courts, and some even have their own golf course. Residents never have to travel very far to enjoy the activities or the social events in a 55 plus community.
Item number five, the economy. The local Palm Springs economy is driven by tourism, by medical care, real estate and agriculture. Many of the resorts, hotels, golf courses employ thousands of people, as do the local hospitals and medical facilities. The East end of the Coachella Valley has a large agricultural economy. Overall, the Palm Springs area has a strong economy and relatively low unemployment.
One of the other main factors is your family and friends will really want to come to visit you in Palm Springs. It's a huge tourist destination and people love to come here because of all the things to see and do. Check out my video on all the things to do in Palm Springs. Palm Springs and the greater Coachella Valley are really an awesome place to live and retire.
We're here to help. If you want more information about retiring and relocating to the Palm Springs area, be sure to get in touch with me. So if you're thinking of moving, buying, or selling here, I'd love to help you and make the experience as smooth as possible. Now, be sure to watch my next video on all the things to do in the Palm Springs area.