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BIRMINGHAM, Alabama
Population: 212,113
Unemployment: 5.9 percent
Median Home Price: $177,000
Once known as the Pittsburgh of the South, Birmingham is transitioning to a more diversified economic landscape. That starts with a revitalized downtown offering not only entertainment and cultural options but a strengthening business and job market; the retail vacancy rate fell by nearly 2 percent, one of the nation’s biggest gains. Stick around once you’re done working since Birmingham’s low cost of living and good quality of life make it one of the best places to retire.
