Abberly Grove Apartments

1160 Auston Grove Drive, Raleigh, NC 27610
Call: 833-779-8856 Email UsAbberlyGrove.PropertySite.HHHunt@aptleasing.info View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

$800-$1250

Apartments Raleigh NC Blog

Raleigh: Best Places People Are Moving to in 2018

Raleigh: Best Places People Are Moving to in 2018

Joseph Coupal - Wednesday, July 18, 2018

Auston Grove Apartments in RaleighIn calculating the Best Places to Live, US News factors in each metro area's growth due to net migration over a five-year period. For the 2018 ranking, we used net migration data from 2012 to 2016 from the US Census Bureau, the most recent complete data set at the time of our calculations. Places with the most growth might be attracting new residents thanks to a hot job market, affordable housing, a desirable location or some other factor. Raleigh is one of the top metro areas out of the 125 most populous in the US.

14. Raleigh, NC

  • Best Places to Live 2018 rank: 13
  • Median Annual Salary: $52,669
  • Net Migration Rate from 2012-2016: 6.63%

Home to major universities - the University of North Carolina- Chapel Hill, Duke University, and North Carolina State University - The Raleigh and Durham area has plenty of former students who are choosing to lay down permanent roots, while others are flocking to the metro region for the job opportunities the schools and other locally based corporations offer.

For more information on apartments in Raleigh, NC contact Auston Grove.

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US News - Real Estate


North Carolina is one of the Best States to Retire for Finances

North Carolina is one of the Best States to Retire for Finances

Joseph Coupal - Wednesday, July 11, 2018

Auston Grove Apartments in RaleighWe all want to make the most of our money, especially once we retire. Finances pay a big part in deciding where to spend your golden years; fortunately, North Carolina is one of the most tax friendly states for retirees – perfect for enjoying the finer things in life.

North Carolina Retirement Taxes

There’s a few reasons why North Carolina makes the cut as one of the best states to retire to for taxes. Due to a tax reform back in 2013, the Tar Heel state now charges income tax at a flat rate of just 5.75% as well as a tax exemption on all Social Security retirement benefits. There’s no wonder these retiree friendly taxes add that extra appeal for those looking to relocate during retirement.

Competitive Cost of Living

As well as North Carolina providing great taxes for retirees, you’ll also find a low cost of living in the state. The lower price of food, utilities, transport and housing here compared to other states means you’ll have more freedom to spend money on the things you love. If you’re in need of healthcare, you’ll be happy to know that prescription drugs are fully exempt from tax in North Carolina as well. The low cost of living retirees can enjoy here has even lead to the city of Durham being featured in MSN Money’s list of top ten places to retire.

Adventure On Your Doorstep

North Carolina has an abundance of spectacular scenery to discover. With national parks, waterfalls and mountains at every turn, you won’t need to travel far or spend much to explore this beautiful state. The state’s well-maintained highways provide easy access to North Carolina’s stunning beaches and quaint coastal towns, as well as the breath-taking views of the Blue Ridge Mountains – perfect locations for money saving days out!

Keep Active For Less

Living on a retirement income doesn’t mean you have to revert to a slower pace of life. Get out and explore all that this state has to offer. Having all this available on your doorstep is a great way to keep active without breaking the bank.

Combine a low cost of living, retiree friendly taxes and an abundance of free and budget friendly locations and activities and it’s easy to see why North Carolin of one of the best states to retire in, both financially and lifestyle wise.

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For more information on apartments in Raleigh, NC contact Auston Grove.

avhomesinc.com


Downsizing Could be a Good Move in Retirement

Downsizing Could be a Good Move in Retirement

Joseph Coupal - Wednesday, July 04, 2018

Auston Grove Apartments in RaleighIf there's one aspect of retirement that's universally daunting, it's the notion of running out of money. But unfortunately, it's a very real risk for the countless Americans who enter retirement financially unprepared year after year.

If you're approaching retirement with inadequate savings, there are several ways you can compensate to avoid depleting your nest egg prematurely. You might, for example, decide to work part-time as a senior to generate income, thereby leaving more of your nest egg intact. But here's another option you might consider: downsizing. An estimated 42% of Americans plan to downsize in retirement, according to data from TD Ameritrade, and it's a move that could end up spelling the difference between struggling financially and having enough cash to cover the bills for the rest of your life.

Why downsize in retirement?

Even if you own your home outright by the time you retire, downsizing to a smaller space can still save you a bundle. Remember, other than healthcare, housing will likely be your single greatest monthly expense as a senior, so reducing it as much as possible could work wonders for your budget.

For one thing, it costs less money to heat and cool a smaller space than a larger one. If you're used to spending $250 a month on utilizes for a 2,000-square-foot home, downsizing won't necessarily cut that bill in half -- but you might reduce it by a third, which will help.

Furthermore, it stands to reason that maintaining a smaller space is easier and more cost-effective than maintaining a larger one. The typical homeowner spends 1% to 4% of his or her property's value on upkeep per year, but if you downsize, you'll see maintenance costs shrink or disappear as a result.

Another thing to keep in mind is property taxes. Property taxes are a function of your home's value times your local tax rate, so if you sell you home, you'll no longer pay these taxes. And since property taxes are no longer fully deductible (they're part of the SALT deduction, which was once unlimited but is now capped at $10,000), lowering that bill makes sense on multiple levels -- particularly if you're living in a state whose property taxes are much higher than average.

Finally, remember that by the time you retire, there's a good chance your adult children will have moved out, which means you like won't need all of that space. And that's reason enough to swap your current home for a smaller one that's easier to deal with in all regards.

For more information on apartments in Raleigh, NC, contact Auston Grove.

#HowYouLive

The Motley Fool



Abberly Grove Apartments

1160 Auston Grove Drive, Raleigh, NC 27610

Call: 833-779-8856
Email UsAbberlyGrove.PropertySite.HHHunt@aptleasing.info
View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

$800-$1250