11 Pros And Cons Of 55+ Communities: Is It Worth I

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Real Estate


MARCH 08, 2022

A 55+ community is an established active adult living area that has at least one resident living on each property over the age of 55. These retirement communities are designed with a target market over the age of 55 in mind, from amenities to location.


Types of homes in 55+ communities are typically smaller, and you’ll often see them in areas with apartments, condos and townhouses. These smaller-sized units are a great way to downsize your life and start a new chapter.


With 55+ communities, they’re able to offer residents a sense of belonging and community. You’re able to connect with neighbors of similar ages and continue to enjoy your retirement years in a safe and peaceful environment. If you’re planning to purchase a new home or property after retirement-age, let’s dive deeper into the pros and cons of 55+ communities and if they’re worth the investment.


Pro #1. Cheaper Cost Of Living

Joining a 55+ community may be a cheaper option if you still want to live independently but with the benefit of added amenities. The average cost of a 55+ community is $1,500 – $4,000 per month.1 Comparatively, the average monthly mortgage payment in the United States is $1,595, while the average monthly rental payment is $1,062.2

The monthly cost of an active living community will depend on the state you reside in. Certain communities will require a one-time move-in fee as well. For more information on the actual cost of living, connect with the community’s sales counselor.

Before committing to the move, look into refinance programs for seniors to understand all of your possible housing options and get the best rate.


Pro #2. Community Location

You can find a 55+ community almost anywhere in the United States. However, the ideal location for these communities is in areas that see the sun all year round, which is mostly in the Sun Belt states, like Arizona and Florida. In fact, Florida has the highest number of active adult communities at 969 locations.Plus, you’ll find that most of these communities are strategically placed near quality medical facilities.

Neighborhood trends at your fingertips.

Pro #3. Safety And Security

These active retirement communities are typically gated and in areas with low crime rates. Guests of residents usually will need to be approved by those living in the communities. Some 55+ communities also have on-site security teams for added safety.


Pro #4. Low Property Taxes

Property taxes tend to be lower in active adult communities, as these communities aren’t in dire need of supporting school funding and after-school programs like other residential neighborhoods are. 


Pro #5. Amenities And Low-Maintenance

Perhaps the best perk of living in 55+ communities is that they provide amenities galore. Plus, home and community maintenance is usually taken care of, including home and landscape maintenance. Your HOA dues and fees will go toward covering maintenance costs. 

Amenities that may be provided include:

  • Sports courts
  • Fitness centers
  • Golf courses
  • Dining areas
  • Classes
  • Social events
  • Dog parks
  • Art rooms

Pro #6. Offers Peaceful Serenity

Goodbye noise complaints, hello peace and quiet! These communities are typically quieter compared to residential neighborhoods with families that have younger children. However, you may see a grandchild come and visit their grandparents every once in a while.