Best Places for Military Retirement

Best Places for Military Retirement presented by USAA and Military.com

#5 Harrisburg-Carlisle, PA

Population: 533,812
Military Installation: Carlisle Barracks
Median Home Price: $144,200

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The Harrisburg-Carlisle metro area is about 100 miles west of Philadelphia, which offers a wide variety of resources to military retirees with its big-city amenities and cultural opportunities. Carlisle is home to a small military installation – the Carlisle Barracks. While it offers a medium-size commissary and modest exchange, the installation is conveniently located. The Harrisburg metro area also boasts a low crime rate, quality health resources and affordable home prices. In addition, Pennsylvania doesn't tax federal pensions and the nearest VA medical center is about 30 miles away in Lebanon. One downside is the lack of a major university, though the area has a number of smaller colleges and a system of two-year community colleges.

USAA and Military.com worked with Sperling's BestPlaces to determine the variables on which 379 major metropolitan areas in the U.S. were evaluated against. Sperling's BestPlaces considers general quality of life issues along with variables that correspond directly to military retirees. The variables included:

  • Military base proximity
  • Military base amenities
  • Veteran's Affairs hospital proximity
  • Military pension taxation
  • Unemployment rate
  • Presence of colleges and universities
  • Affordability
  • Housing costs
  • Housing appreciation (2007-2010)
  • Economic stability

Each of the identified variables was weighted based on importance to military retirees, and each metro area was given a score based on its total points for each variable. The metro areas were ranked based on these scores. Metro areas where the median housing cost was 40 percent above the national median were excluded from the list.

Military Retired Pay Overview

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Harrisburg-Carlisle, PA
Category Metro Area Statistics
Population 533,812
Median Home Price $144,200
Unemployment Rate 8.4%
Federal Pension Taxed No
Military Installation Name: Carlisle Barracks
Proximity: Local
Amenities: Medium commissary, small exchange, clinics
VA Hospital Proximity 29 miles
Education Number of 4-year colleges: 6
Prominent Institution: Shippensburg University

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Got money questions and looking for answers you can trust? Just Ask June! June Lantz Walbert is a CERTIFIED FINANCIAL PLANNER™ practitioner with USAA Financial Planning Services. She is also a lieutenant colonel in the U.S. Army Reserve with 19 years of service. Walbert's basic branch is Air Defense Artillery. She also is Airborne, Air Assault, and Canadian Air borne qualified.

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