Beverly Hills, FL, United States

Retiring to Beverly Hills, Florida comes with a hefty price tag. The population of 9,961 lives in a community that was developed in the 1960s for northern retirees, with the median household income a modest $24,875. While the demographics skew heavily toward the elderly, with over 54% of residents aged 65 or older, the community has struggled with bureaucracy and ownership changes over the decades. Citrus County's public transit is limited, and the local economy revolves around a handful of businesses owned by the original developer's company. For those seeking an affordable, low-key retirement in Florida, Beverly Hills may fit the bill - but the tradeoffs in terms of services and amenities should be carefully considered.