(NewsNation) — Delaware was the first state to ratify the U.S. Constitution in 1787 and according to a new report, it's first again, topping this year's list of best states to retire.

Although you may not think of it as a retirement haven, a Bankrate analysis found Delaware strikes the best balance between affordability, climate and cultural amenities.

"While Delaware is a pricier state to live in, the state’s high-quality healthcare, light tax burden, affordable homeowners insurance and good weather propelled it to the top spot this year," Bankrate Analyst Alex Gailey said in a statement.

Another upside: Delaware has one of the nation's highest percentages of residents 62 and older, a plus for retirees looking for community.

© The Hill