Great Neck, New Hyde Park and Manhasset named top places to retire

Rebecca Klar
Great Neck was named the top place to retire in New York by Smart Asset. (Photo by Janelle Clausen)

Three areas on the North Shore were ranked in the top four places to retire in New York state by Smart Asset.

Great Neck and New Hyde Park took first and second, respectively, and Manhasset was ranked No. 4.

Huntington, at No. 9, was the only other spot on Long Island to make the list.

Smart Asset is a financial technology company that provides personal finance advice online.

To find the best retirement spots, Smart Asset first looked at state and local tax rates – considering both income and sales taxes. Effective rates were calculated based on a typical retiree earning $35,000 annually.

All four Long Island locations had a tax rate of 18.5 percent, the highest tax rates of any of the top 10 retirement places Smart Asset listed.

Other criteria Smart Asset considered were number of doctors’ offices, recreation centers and retirement centers, each per 1,000 residents in the area.

Great Neck has the most in all three areas, with 28.4 doctors’ offices, 3.8 recreation centers and 0.2 retirement centers, according to Smart Asset.

New Hyde Park has 23 doctors’ offices, 2.9 recreation centers and 0.1 retirement centers, according to Smart Asset.

Manhasset has 13.5 doctors’ offices, 2.5 recreation centers and zero retirement centers, according to Smart Asset.

Smart Asset also considered the percentage of seniors in the total population in each area.

In Great Neck, 18 percent of residents are seniors.

In Manhasset, 18.5 percent of residents are seniors, and in New Hyde Park 14.4 percent of residents are seniors.

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Rebecca Klar

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