Beaufort, North Carolina. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. The median home value is $168,600, property taxes will cost you around $1,567 each year and housing expenses come to about $870 a month. The Best Places to Retire in 2022-2023 - US News & World Report When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Many of the retired residents of Hyannis move into their former summer homes, but there are still plenty of boomers relocating to the area. Ocean Springs has several arts festivals, many restaurants, and artists studios such as Shearwater Pottery tucked away. This two-bedroom condo is listed at just under $200,000 in a high-rise with bay and ocean views. Gulfport is one of Mississippis biggest cities, so you wont lack for amenities. Settling down in this small coastal town wont blow your budget either. Buying rental units can be pretty simple. Ithaca is a small picturesque town in the upstate New York Finger Lakes region. For many, the ultimate retirement goal involves uncomplicated days when the toughest decision involves when to visit the beach. The city incorporates the city of Coronado Beach. Located at the mouth of the Thames River, this seaport citythe second-largest whaling port in the world back in the Moby Dick daysboasts a historic waterfront district that has become the creative hub of the city with art, music, and design venues, unique boutiques, and more than 30 restaurants. Retirees can get into active adult communities like Bay Crossing in a $239,000 two-bedroom condo all the way up to a fully kitted-out four-bedroom for $620,000. 15 Best Lake Towns in America - Travel + Leisure Its a popular gay retirement community, says Russell Stucki, real estate associate at Re/Max Realty Group. 4. New Hyde Park is another Long Island town, meaning residents will have access to New York City. larry mcmillian / Shutterstock. 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.. Deerfield Beach sits on the southeastern Florida coast and boasts an award . A move to the East Coast may bring you closer to family, give you access to the right job or simply fit the vibe you're looking for. The Bay Area Hospital treats patients of all ages, including geriatric medicine and services for the elderly and disabled. Boasting 10+ miles of pristine beaches with temperate weather year . 1. A financial advisor can help you create a financial plan to pay for your East Coast retirement dream. There are plenty of spas, salons, restaurants and live entertainment to enjoy, and you can grab fresh produce and seafood at the Fresh Market on Tuesdays. Key Biscayne, an island off the coast of Miami, is a great place to explore the Atlantic Ocean. You can take a motorized kayak down the Indian River, go horseback riding on the beach or check out the historic waterfront downtown area for shopping, dining and more entertainment options. It probably won't come as a surprise to hear that Florida does exceptionally well in the retirement rankings across the board. Tarpon Springs, along the shore of the Gulf of Mexico, has been dubbed the sponge capital of the world for its history of Greek immigrants, who made a big business out of selling the natural sponges found in the water. LindaZ74 / Shutterstock. Bel Air is also clearly popular among older people. Just 15 minutes south of the bustling tourist shops, boardwalks, and mini-golf courses of Myrtle Beach, Murrells Inlet offers retirees a quiet respite from that popular vacation town. You may find yourself wondering, though, where exactly you want to spend your golden years. The citys Memorial Hospital, which offers senior services, is within easy reach. The last price GOBankingRates measured was monthly healthcare cost, which averaged $415. Suppose you must choose between Huntington or Newport Beach for the family holiday and dont know which is better. The 100 Best Small Art Towns in America | Americans for the Arts Living on the coast doesnt have to be a fantasy reserved only for the wealthiest. The tax burden in Cumming is on the high side, though, at 18%. 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. 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. And youll pay around $1,009 in annual property taxes and $455 in monthly housing costs. 25 Most Affordable Beach Towns in the U.S. | Far & Wide Whether you're looking for a spot to relocate to during the next few years or you are dreaming about places to put down roots decades from now, it's always the right time to explore retirement destinations, especially when those places come with surf, sand, and sea breezes. Just bear in mind that as a resident you will have to contend with crowds of tourists, especially in the summer. Great golf courses, medical facilities, beaches, state parks, and places to fish, kayak, and hike lure retirees from across the country. Florida, Georgia, and South Carolina boast beachfront towns with well-priced properties and a high livability score. 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. These firms could be great to partner with. Retirees can get into affordable homes starting at just under $200,000, including this $196,919 two-bedroom in a 55-plus community or this three-bedroom with a whirlpool hot tuband no age restrictionsfor $249,900. The median home price listing is $255k, and the median income for a family in Fort Pierce is $35,198, and as a port city, the harbor sees a high volume of commerce. 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 . Springfield, Massachusetts. The Best Places to Live By the Beach in the U.S. in 2022-2023 The welcoming atmosphere and colorful boutique-lined downtown are draws for seniors, who make up more than a quarter of the town's population. (Getty . Seaford is tied for the lowest tax burden of any city on this list. 20 best coastal towns to move to in the UK - Country Living The lowest average on our list is Shreveport, Louisiana, at $374.77. 25. Despite the Crisis, Homeowners Remodel to Ride Out Pandemic in Comfort, How the Coronavirus Is Changing Some Boomers' Real Estate Plans for the Better. Seniors age 65 and over make up 21% of the towns population. Head to the local restaurants for some fresh gulf seafood or book a charter and reel in some fish yourself. Its also the medical center for the south coast region, according to the city website. Great Neck also comes in second in terms of retirement communities, with 3.76 per 1,000 residents. 2022 Best Places to Retire in North Carolina - Niche The Gulf Coast city has a median home value of $161,700, which is the ninth-lowest value for this metric in the study. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. Have a question? Great Neck, New York. The 14 states that make up the East Coast of the U.S. offer up a wide range of climates . Unlike it's nearby but totally separate . There are many groceries and other amenities available and coffee shops, restaurants, and cultural activities. They were ranked according to their median home value, average number of rooms per house, median monthly property taxes paid and monthly housing costs. Placencia: An Irresistible Beach Community. Fairfax lands in third with 2.91 retirement communities per 1,000 residents. 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! The Harbor City features some delightful art galleries, golf courses, fishing piers, upscale dining, boutiques and beaches. From the peaceful dunes of Cape Cod and the warm waters of the Gulf of Mexico to the wild cliffs of the Pacific Northwest, these are the top 10 affordable beach towns and cities across the United States where retirees can kick back. 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. Each town has fewer than 20,000 full-time residents (according to the 2010 census), direct access to beaches and water, and notable family-friendly attractions. 2) Key Biscayne Florida. If you know you want to be on the East Coast, check out our lists of the best places to retire in. Looking to buy a home in Florida? Laidback New Smyrna Beach is a peaceful beach community of 23,000 located in the northern portion of Florida's east coast. 8 Best Beach Towns in Texas That Will Make You Want to Stay Population: 1,864,138 Share of population age 60+: 18% Median Monthly mortgage cost: $1,819 Median Monthly Rent: $1,008 The homes in Nashville tend to be more affordable than many of the other cities across the U.S. and as a result, Nashville is becoming more appealing for those retirees that want to experience the wealth of activities that are available in addition to the obvious tax benefits. Canton, Georgia. Springfield residents benefit from plenty of high-quality health care options within driving . SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. Securities and Exchange Commission as an investment adviser. Cheapest Beach Towns: Beachfront Property You Can Live in - Thrillist [ x] Then . It overtook 2020's winner Gulfport, a Magnolia State neighbor located approximately 13 miles west. The average of the cities on our list is $1,066 per month. In the downtown area, youll discover some lovely early-1900 buildings and exhibits at the Historical Museum. For those working in finance, this city may be the best choice. 3. Due to its small size, Swansboro will best suit those working remotely or in the tourism industry. Miami. Its white sandy beaches and crystal blue water combined with the Island's historic charm make it one of the top small beach towns in . Are you confident in your retirement savings? With nearly 6,000 miles of coastline, ranging from the rough waters of the Pacific Ocean to the tranquil turquoise seas of the Caribbean, Mexico has more than enough beaches to keep everyone happy. 14. The 7 Most Affordable Places to Live on the East Coast - Clever Real Estate You should factor in the average cost of living in that state or area and how that fits your lifestyle and budget. It has a little bit of everything.. This places Exeter second to last on the list in that metric but is still a fairly good number in the grand scheme of things. Making your dream retirement a reality takes money, though, and saving enough money takes planning. Theres an outlet shopping center and a casino. 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. The city's median home value is just $173,900 versus $262,900 in . The median home value in Fort Walton is $185,900, while annual property taxes will cost you around $1,366 and monthly housing costs amount to about $1,049. It has 22.99 medical centers per 1,000 residents, the third highest number of medical centers of any city on this list. The Best Retirement Spots on Florida's East Coast - 55Places.com The 10 Best Beach Towns on the East Coast - Cond Nast Traveler Visits to the town's bookstore, ice cream shop, bakery, and cafes make it easy to meet your neighbors and feel like a local. Fernandina Beach- Distance to the coast 0 miles. The median income for a family in Atlantic City is $29,232, with a median house listing price of $179.9k. If you need to break or get out of a lease, this is what you need to know. Whitecap Beach - Scenic beach in Texas with sizable waves. Foodies can dine at some fantastic seafood and steak spots and outdoor activities range from bird watching to ziplining. You can save on auto insurance as part of your retirement plan as well by comparing rates online. Jacksonville, FL. . Hilton Head Island, known for its beaches and golf courses, is a great place to retire. - Population: 40,000. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. 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. Rehoboth Beach, Delaware. Homeowners can look at the bay from their two-bedroom bungalow for just $169,000 or smell the salt air in a grand four-bedroom Dutch Colonial in the heart of town for a cool $649,000. Key Biscayne, Florida. 1. Consider Hobe Sounds gorgeous sandy beaches, green parks and abundant golf courses if youre settling down in the Sunshine State for your retirement. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter. The Maya mountains provide a gorgeous backdrop for the tranquil lagoon. The ranking was based on the population of residents aged 55 and over per capita (the higher the better, we say), affordability based on median list price, access to hospitals and other health care facilities, the number of amenities like golf courses (for low-impact exercise) and country clubs (for the social scene), as well as marinas and water-recreation businesses like boating and fishing, for that all-around beach town experience. 25 Affordable Beach Towns Where You Can Retire - MoneyWise The cost of living is lower than the national average, and there's easy access to great medical care, international airports, and active adult housing. 50 Best Beach Towns to Live in | Stacker 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. 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. 86 / 100. About 27% of the citys 10,000 residents are aged 65 and up. As a leading port, the headquarters of four Fortune 500 companies, and a banking industry legacy, Jacksonvilles median household income is $54,701. Deerfield Beach, Florida. With that in mind, here are the top 10 best places to retire on the East Coast. Its an amazing retirement destination with its white sand beaches, casino resorts, championship golf courses and museums and historic sites. 1. 9 of the Best Places to Retire in Europe - Travel + Leisure It has a load of live oaks across the Island, yet walking distance to the beach or intracoastal waterway. Portland, Maine. 50 best beach towns to live in. Siesta Key, Florida - Population: 5,573 (16% age 55-64 and 54% age 65+) Im going to run through several options of affordable East Coast towns. The median home value in Lynn Haven is $200,100 and youll fork over around $1,553 each year in property taxes and $1,210 in monthly housing costs. #11. Best Coastal Towns in France | France Bucket List Located just north of Naples, its sandy beaches and tropical climate provide a natural allure. Dolphins, birds, and beaches are just some reasons retirees flock to Rehoboth Beach, Delaware. It also ranks first on our list of the best places to retire in Georgia. Whether seeking history, solitude, or a vibrant nightlife, the East Coast has got it all in the unique little towns speckling its pristine shorelines. The port town offers great boating, fishing, and nearly every type of water sport imaginable in both the sound and the Atlantic. Many tourists visit this island but are its resources up to standard? 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. 15 Best Beach Towns in Florida to Retire - Interactive Sinkhole Maps Its also near Lake Lanier, a reservoir where you can boat, swim and enjoy the beach. 1. The median home value in the city is $122,300 and youll pay around $1,069 in annual property taxes. 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. Beach vacations can be expensive, but luckily, a retiree in Ormond Beach doesnt have to drain their savings for a more permanent stay. According to United Van Lines National Movers Study, in 2018, 39% of the retirees they moved had their GPS systems locked on to Florida. If you can telecommute or work remotely, you can easily access towns and cities that might have seemed impossible dreams. Flickr Evangelio Gonzalez. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). They can help identify fixes which may help your sales price. New Castle is tied with the other Delaware cities on this list for the lowest tax burden at 11%. Round Island Park is one of the famous public beaches to spot the manatees in Indian River County. Join here. If you want to retire to coastal Georgia, Tybee Island is an ideal spot. These areas are active, scenic, and rich . https://www.realtor.com/realestateandhomes-search/, https://www.census.gov/data/developers/data-sets/acs-5year.html. Choosing new windows is a delicate balance between features, efficiency and cost. For the purposes of this book's third edition, a small art town has a full-time population of 65,000 or fewer. Several wonderful beaches spring to mind, with Seaside and Cannon Beach foremost for me. Part of YaleNew Haven Health, Lawrence + Memorial Hospital is home to the regions only inpatient rehab unit and a nationally recognized cardiac rehabilitation program. Retirees look for affordable communities where they can fill their time with purposeful activities and social connections, keys to a long, healthy life, says Hale. Use these cleaning tips to get rid of dust buildup and improve the air quality in your home. 10 Best Places to Retire on the East Coast - SmartAsset Florida would appeal to anyone looking for a great place to live that offers easy access to Orlando and Florida's east coast beaches.