best east coast beach towns to retire

However, unemployment is high, so this may be a better bet for those who can work remotely. The University of Delaware is in town, though, so there are college sports and on-campus theater and music to keep you busy. Homes start in the $200,000 range, and its possible to snap up a townhome with an onsite dock such as this sprawling three-bedroom for $274,000 or this $350,000 three-bedroomwith water views. The median home value in the area is $216,100 and youll pay around $848 in yearly property taxes and $912 in monthly housing costs. Transplants relish the island's quiet beaches, which are bounded by rolling dunes and sapphire waves. To come up with this list, our data experts looked at more than 1,300 towns on the water, pulled off the places that are located on lakes or riversthis list is all about tasting the salt in the ocean breezeand cut the selections to one place per state, for a wider variety of options. 2022 Best Places to Retire in North Carolina - Niche When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. In fact, the Sunshine States shorelines arent the only coastal ZIP codes attracting boomersplenty of folks dont want to live in what feels like a steam room six months out of the year, or they may want to be closer to friends and family elsewhere in the country. Live everyday like youre on vacation in these American coastal towns with spectacular views and bargain prices. From coast to coast, these 17 best beach towns in the U.S. offer stunning coastal views, laid-back vibes, and more. 25. We adhere to strict standards of editorial integrity to help you make decisions with confidence. At extreme high tides or after winter storms, the water pushes up to to 50 feet in the air. Located just north of Naples, its sandy beaches and tropical climate provide a natural allure. When considering a place to retire, you should take a look atdifferent financial factors, including tax burden, healthcare facilities and other costs. Springfield residents benefit from plenty of high-quality health care options within driving distance. To find the best places on the East Coast to retire on Social Security alone, GOBankingRates used SSA data to identify the average monthly benefit as $1,828.30 -- $3,656.60 for a couple. Key Biscayne, Florida. Florida, Georgia, and South Carolina boast beachfront towns with well-priced properties and a high livability score. Pronounced "Bowfort" (not "Bewfert" like its South Carolina namesake), this colonial-era village embraces its pirate history. Jacksonville and Myrtle Beach have affordable beachfront property areas. Some towns may appear a better option on paper, but things like safety, commute, and job scarcity may influence you to choose a city with a higher cost of living or more expensive properties. For the purposes of this book's third edition, a small art town has a full-time population of 65,000 or fewer. J.A. Tuckpointing can give your brick walls or chimney a facelift while helping to ensure the structural integrity of your home. Finding a qualified financial advisor doesnt have to be hard. The town, formed in 1889, has about 1,400 residents; the number swells, like most beach towns, in the summer, with local hotspots Donovan's Reef, the Rumrunner and Tommy's Tavern & Tap among the . The historic city boasts a vibrant downtown with shops and restaurants, 15 recreational parks (including a golf course), and waterfront views from both the mainland and the peninsula across the water. And the relative affordability of homes in these towns means more of a fixed income is left over for fun, which probably makes the case for sticking around.. Hilton Head Island, South Carolina. With its bustling main street, John F. Kennedy Hyannis Museum, and world-renowned Cape Cod Hospital, Hyannis is basically the hub of the Cape. If you're interested in retiring near the ocean without the humidity of a tropical . It has a little bit of everything.. Great Neck is just down the road from New York City, so all of the culture that the city offers from Broadway to the Knicks are all readily available. Miami. As an extra perk, Seafords annual Christmas Parade is the biggest on the Delmarva Peninsula. Great Neck also comes in second in terms of retirement communities, with 3.76 per 1,000 residents. Year-round homes start around $350,000 and reach nearly $4 million. 25. Just 14% of Newarks population is made up of senior citizens aged 65 and over. Theres still a chance to grab a relatively affordable property here and relocate to this subtropical city with its miles of azure coastline. 2. Bel Air contains one of Marylands Arts and Entertainment districts, where concerts are frequently held. 1. Few towns are as charming as Fairhope, and its relaxed, welcoming atmosphere makes retirees feel right at home. These areas are active, scenic, and rich . Best beaches in North Padre Island: Malaquite Beach - Lovely beach with changing facilities, outdoor shower, and covered picnic areas. Myrtle Beach, SC. Placencia: An Irresistible Beach Community. Safest Places away from Hurricanes Florida - Moving to Florida The median income for a family in Atlantic City is $29,232, with a median house listing price of $179.9k. The median home value is just under $200,000 and youll pay around $1,527 in property taxes each year and $852 in housing costs every month. 86 / 100. You could also be saving $1,000 a year or more by choosing the right home insurance policy online. You should factor in the average cost of living in that state or area and how that fits your lifestyle and budget. You can go fishing for speckled trout and flounder at Sabine Lake and keep a look out for warblers and thrushes at Sabine Woods. It also ranks first on our list of the best places to retire in Georgia. In addition to its proximity to Naples, Pelican Bay is less than an hour from Fort Myers and only two hours away from Miami. It takes 15 minutes to get to everything Myrtle Beach has to offer without having to worry about traffic and stuff.. Many of the retired residents of Hyannis move into their former summer homes, but there are still plenty of boomers relocating to the area. #11. Buyers can get into the market at a wide price range, from a three-bedroom manufactured home for $159,900 to this three-bedroom with water views and a private pool for $350,000. Information and timely news from our team of trusted money specialists. The median monthly housing costs amount to $811. Or go swimming at Sunset Beach and Fred Howard Park. Cocoa Beach. Dolphins, birds, and beaches are just some reasons retirees flock to Rehoboth Beach, Delaware. Atlantic City, New Jersey. Deerfield Beach, Florida. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. The city is home to the Bill Baggs Cape Florida State Park, where residents can view a lighthouse built in 1825. Most Affordable Beach Towns - 2021 Edition - SmartAsset And its not just pretty to look at Hobe Sounds median home value is just $206,300. Doing laundry is already a chore, and it's worse if your laundry room is a mess. And while the appeal of sand between your toes and an ocean breeze may be enough to sell you on moving to Jacksonville, this coastal city has so much more to offer than the beautiful scenery. Great Places To Retire Near The Beach 2023 - Retirable Theres a reason you always walk out with a receipt the length of your arm. Seaford doesnt fare as well when it comes to retirement communities, though, as its 0.14 retirement communities per 1,000 residents puts it near the bottom of this list in that metric. It also boasts a strong health care system, numerous golf courses, and a stunning sculpture park and wildlife preserve, Brookgreen Gardens, hailed as one of the Top 10 Gardens in the United States by TripAdvisor. The Bay Area Hospital treats patients of all ages, including geriatric medicine and services for the elderly and disabled. The lowest average on our list is Shreveport, Louisiana, at $374.77. And Pensacola in particular is affordable with a significantly lower than average cost of living, home prices that hover around $140,000, and reasonable property taxes. Buying rental units can be pretty simple. larry mcmillian / Shutterstock. Rehoboth Beach, Delaware. New Hyde Park is another Long Island town, meaning residents will have access to New York City. Oak Island is a nice quiet area to retire in. The East Coast is diverse, so you'll have plenty of choices among seaside locales, bustling urban centers, places that provide Southern charm and towns known for their fall colors. Jim has run his own advisory firm and taught courses on financial planning at DePaul University and William Rainey Harper Community College. State's tax rating for retirees: Most Tax Friendly. Healthcare is obviously very important to seniors, so we considered the number of medical centers per 1,000 residents in each city. Latest insights - Best places to retire in the USA Where can I retire on the Georgia coast? - 2023 It's one of the most affordable cities on the East Coast with a high livability rating. The median home value is $161,700 and the median annual property tax is $1,1986 a bit more expensive compared to Gulfport but youll pay about $737 in housing costs each month. Known as the The Friendly City by the Sea, Swansboro has a small population, and the historic town was the setting for Nicholas Sparks novelThe Guardian. The laid-back city boasts a restaurant- and shop-lined Main Street, which spills out to a nice pier and beach. Im going to run through several options of affordable East Coast towns. Talk to a financial adviser for even more help with stretching those retirement dollars. Residents (nearly 60 percent of whom are seniors) can stroll through the Old Florida downtown, hunt for shells on the pearly white beaches, or take their furry friends to the city's local dog-friendly beach. The powdery white-sand beaches are a paradise for sunbathersor those who seek shade under an umbrellaand shell seekers. Key Biscayne, an island off the coast of Miami, is a great place to explore the Atlantic Ocean. The city's median home value is just $173,900 versus $262,900 in . It is built on high ground between two harbors overlooking . Population 8,252. Plus, theres almost seven rooms per house on average, so youll have lots of space. That means you can expect to be surrounded by people of a variety of ages if you retire here. However, it does have the fewest medical centers per 1,000 residents at just 3.54. Jacksonville, Florida. . A two-bedroom condo right near the hospital and within walking distance to Ocean Beach can be had for just $99,000 and $209,900 can fetch a three-bedroom Cape Codder with a master bed and bath on the first floor, blocks from the water. For a retiree, the city also offers some great dining experiences and outdoor activities like hiking and golfing, and it doesnt cost that much to reside there. 8 Quaint Beach Towns In The Southeast - TravelAwaits 10 Most Beautiful and Affordable Places To Retire on the East Coast If you need to break or get out of a lease, this is what you need to know. Youll spend around $1,800 in property taxes each year and $958 a month on housing costs, while the median home value sits at $181,200. Sarasota, with its pristine Gulf beaches, cracked its way into the top towns thanks to its high number of doctors' offices (12.4) and recreation centers (3) per 1,000 people. Here's a look at the Best Places to Retire in 2022-2023. Dont forget to compare health insurance rates to find an affordable policy that gives you great coverage as part of your retirement plan. 6 Best Beach Towns in Florida - Moving to Florida In any case, let us discuss some of the best beach towns for retirement in Florida. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Population: 18,406 Medium home value: $349,691 Perfect for: Retirees, and middle age Vero Beach is one of the safest beach towns in Florida that nested between the Atlantic and the Indian River.This hidden gem in Florida had 26 miles of gorgeous public beaches. Forbes compared nearly 800 locales in America, on everything from housing costs and taxes to healthcare, air quality and climate change and natural hazard risk. In order to uncover the research, the team at Showers To You ranked over 50 locations on a variety of factors including average house prices in . Youll find plenty of recreational activities to do outside in Port Angeles. Jacksonville, FL. In the downtown area, youll discover some lovely early-1900 buildings and exhibits at the Historical Museum. New Castle is third in terms of retirement communities with 3.72 per 1,000 residents. Thats not all. Best Places to Retire - Homes for Sale - Top 10 Places to Retire https://www.realtor.com/realestateandhomes-search/, https://www.census.gov/data/developers/data-sets/acs-5year.html. The content provided on Moneywise is information to help users become financially literate. 8 Best Beach Towns in Texas That Will Make You Want to Stay Hampton, which the town website describes as a city with an old soul and a youthful enthusiasm, features some lovely historic attractions and museums, golfing and boating opportunities and fantastic dining options. And we go over some of the numbers taken from Census Bureaus 2019 five-year American Community Survey as well as what makes each city so great to retire in. The median home value in the city is $153,000 and youll pay about $1,220 in property taxes each year and $723 in housing costs every month. How much do we know? The scenic views blow everyone away, and it's filled with waterfront parks, historical monuments, and entertainment for all ages. The average of the cities on our list is $1,066 per month. Check out the 21 nicest small towns to visit in . Highlight: For those who love the boardwalk and casinos. Vero Beach. The 14 states that make up the East Coast of the U.S. offer up a wide range of climates . Are you confident in your retirement savings? This site is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. 1. Upload a picture of your shopping receipts to the free Fetch app, and start earning points today. Stroll along white sand beaches, browse the boutiques and galleries in Old Town and cast a line for speckled trout or red snappers at one of the numerous fishing piers. If you are looking for a place with below-average home prices to live in as a retiree, then Daytona Beach in the Sunshine State is a great solution for you. The Best Places to Live By the Beach in the U.S. in 2022-2023 Beyond that, Exeter has a number of historic churches, including one dating back to the 17th century, and its also home to the American Independence Museum. Especially attractive to avid golfers, Myrtle Beach boasts 85 golf courses. . While the town of Osage Beach has only 5,000 residents, there is a variety of restaurants, bars, and parks that attract visitors every summer. Historic Lewes has a more natural, small-town feel and (slightly) lower home prices. Living on the coast doesnt have to be a fantasy reserved only for the wealthiest. The Best Places to Retire in 2022-2023 - US News & World Report Great Neck, New York. Is Maui water safe to drink? Looking to buy a home in Virginia? The Best Secret Beach Towns in Mexico. Learn how to handle home improvement projects in a way that protects both your home and your bottom line. Metro Population: 6,129,858. For those working in finance, this city may be the best choice. In Essex, the median home value is just $191,400 compared to the states median home value of $370,300, according to Zillow. Flickr JR P. Darien is one of the premier coastal towns in Georgia. Cheapest Beach Towns: Beachfront Property You Can Live in - Thrillist 11 Best East Coast Beach Towns - WorldAtlas Hendersonvilles 1.34 recreation centers per 1,000 residents earns it second place on this list, so there will be plenty to do. It even has an airport and ferry terminal that connects the mainland to Marthas Vineyard and Nantucket. The towns senior population (age 65 and over) 32% of the population. That includes Toms River, a seaside town thats nestled along the Atlantic Ocean and Barnegat Bay, a rich estuary thats long been a destination for fishing, crabbing, and boating. Not only are there East Coast cities where living is affordable, but the new move toward working from home also makes changing cities while keeping your job more accessible than ever before. Ocean Springs has several arts festivals, many restaurants, and artists studios such as Shearwater Pottery tucked away. Best Places to Live on the East Coast | Stacker With delicious food and growing wine culture, a remnant of French occupancy, world-class beaches, and some of the friendliest and most peace-loving locals you will meet. Livability score: 78. Lynn Haven, situated just north of Panama City, is a half hour away from some gorgeous beaches and St. Andrews State Park. and We've ordered each town from most to least populous to help you find your perfect slice of paradise. The Maya mountains provide a gorgeous backdrop for the tranquil lagoon. There are many long white beaches, some quite hidden and far from the crowds of the boardwalks and the main beaches. You can explore lovely museums, historic homes and linger on the 2.2 miles of beautiful beach. If you want to visit one of the many beaches in Oregon, you may be wondering which of their many beaches is considered the safest! Ogunquit is said to have the prettiest . Darien, Georgia. If you want a town with people of diverse ages, though, New Hyde Park might fit the bill. 14 Small Town East Coast Beaches With Photos - Two Scots Abroad The median household income in Swansboro is $48,922. 10 Southern Cities to Make Early Retirement Dreams a Reality, 18 Perfect Fall Girlfriend Getaways To Plan Immediately, The Best Southern Mountain Towns for Retirement, The Prettiest Beach Town in Every Beachy State. For many, the ultimate retirement goal involves uncomplicated days when the toughest decision involves when to visit the beach. Ready to take a long stroll down the list together? 9 of the Best Places to Retire in Europe - Travel + Leisure Known for its boardwalks, casinos, and beaches, Atlantic City is the place to choose if you want the high life within a short distance of some of the most beautiful stretches of coastline along the Jersey Shore. Morehead City has enough nautical attractions to make die-hard boaters keel over. 2. Americas East Coast can be expensive; however, there are still cities where the property prices are lower. 3. Ithaca is a small picturesque town in the upstate New York Finger Lakes region. The median household income in Swansboro is $48,922. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. Middle River is also home to aerospace giant Lockheed Martin. Live everyday like youre on vacation in Dunedin. Daytona also made it to 15th place on U.S. News ranking for the best places to retire. Homes are on the pricier end the median home value is $243,100, the most expensive on this list but youll only pay around $799 in annual property taxes and $901 in monthly housing costs. This Maryland town does have the highest tax burden of any city on this list at 18.9%, which you should be sure to take into account when calculating your cost of living. If youre worried about weather-related damages the city has suffered from some pretty intense storms in the past make sure to compare home insurance policies online for a good rate that gets you the right coverage. It's a popular Michigan summer vacation spot . Beaufort, North Carolina. 1. Dominated by the Biloxi bay Bridge, Ocean Springs stunning Front Beach stretches to Ocean Springs Harbor and provides extended areas of white sands, fishing piers, and gorgeous views of the gulf. The median home value in the city is $122,300 and youll pay around $1,069 in annual property taxes. How Much Do I Need to Save for Retirement? You wont need to splurge on your new digs, however. About 27% of the citys 10,000 residents are aged 65 and up. The book includes university towns like Lawrence, Iowa City and Athens, Georgia, which have part-time student populations approaching 30,000. It has got a population of over 13,000 people, a third of whom are above the age of 65. The large community has various purchase restrictions, including a minimum age, and in some cases requires all-cash transactions; but to buy in another part of the desirable beach town would cost at least $700,000. Consider digging deeper into one state to find where you want to retire. There's also a long fishing pier for casting a line, and historic sights like the town's iconic lighthouse. Port Arthur houses the Texas Point National Wildlife Refuge, which covers 8,972 acres of saline to brackish marsh and is inhabited by a variety of fish and fowl. Unlike it's nearby but totally separate . 8 Best East Coast Beach Towns for a Summer Getaway - Time Out United States Buyers looking for a deal can get into a one-bedroomhome starting around $125,000 or even a four-bedroom right next to the water for $349,000. Its tax burden is towards the middle of this list at 16.7%, and it comes in fourth in terms of medical centers with 15.55 per 1,000 residents. 10 Prettiest Coastal Towns in New England (Getty . The national average commute is 26.9 minutes. Sarasota, with its pristine Gulf beaches, cracked its way into the top towns thanks to its high number of doctors' offices (12.4) and recreation centers (3) per 1,000 people. The Kennebunk River adds even more waterline charm to the small shops, elegant ship captains' homes, and fishing ports of this vibrant Southern Maine town of 3,474. Siesta Key, Florida - Population: 5,573 (16% age 55-64 and 54% age 65+) In Bay St. Louis, homes are valued at around $172,600 and youll pay around $1,140 in annual property taxes and $782 in monthly housing costs.

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