best east coast beach towns to retire

And now that the coronavirus pandemic makes it unwise to socialize except at a distance, its more important than ever to be able to settle into a forever home where youre free to enjoy the fresh air, long walks on the beach, and the soothing sound of crashing waves. larry mcmillian / Shutterstock. The median annual property taxes add up to $1,267. SmartAsset does not review the ongoing performance of any Adviser, participate in the management of any users account by an Adviser or provide advice regarding specific investments. Both beach towns are lovely,, Read More Which Is Nicer, Huntington Beach Or Newport Beach?Continue, From Rockaway Beach to Lincoln City Beach, there are plenty of popular, family-friendly beaches in Oregon. The South Florida hot spot is the seventh-most populous metro area in the U.S., and its beaches attract vacationers year-round. Here, we've collected 15 of the cheapest beach towns to live in throughout the U.S., based on median home values under $300K. Great Neck also comes in second in terms of retirement communities, with 3.76 per 1,000 residents. Whether you prefer white sand beaches or majestic mountain ranges, read on to discover the best places to retire on the east coast. If you're wondering where to retire along Florida's east coast, consider cities like Jacksonville, Daytona Beach, Port St. Lucie, or Boynton Beach. Retirees are undoubtedly drawn to these areas by the active, beach lifestyle, says Danielle Hale, chief economist for realtor.com. Johnson // Shutterstock #100. The 14 states that make up the East Coast of the U.S. offer up a wide range of climates . Jacksonville, Florida. The Best Places To Retire In 2021 - Forbes The median home value is priced at $208,800 and the median annual property tax is $1,953, while youll pay around $953 in housing expenses each month. If youre wondering whether you should pick Hawaii or Florida, our guide should help you decide. 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. Where can I retire on the Georgia coast? - 2023 2. Plus, there's almost seven rooms per house on average, so you'll have lots of space. Cocoa Beach is located just south of the Cape Canaveral Air Force Station, and is a favorite surfing destination. New Smyrna Beach was the center of intense real estate speculation during the 1920 . Pensacola is Floridas most affordable beach city and its a beautiful place to retire, with idyllic white sand beaches, rivers, bayous and bays. The artsy, quintessentially Southern Mississippi Gulf Coast leads the nation in affordable coastal cities, with four places landing in . The 25 Best Beaches in America, According to You! 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. The citys tax rate comes in at just 11%, so you wont have to worry about sending too much of your cash to Uncle Sam. Here are the top 10 budget-friendly spots that offer access to the ocean: 1. Total monthly expenditures: $2,073.51. If you want a town with people of diverse ages, though, New Hyde Park might fit the bill. If hunting for shark teeth wont keep the grandkids occupied, chances are nothing willbut you could always try taking them to the arboretum or Historic Venice Train Depot, or take them for a boat ride. 1. Florida, Georgia, and South Carolina boast beachfront towns with well-priced properties and a high livability score. If you have never been to this area it truly is beautiful. 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. 10 Affordable Lake Towns To Buy A Waterfront Property - Forbes People enjoy it.. Pronounced "Bowfort" (not "Bewfert" like its South Carolina namesake), this colonial-era village embraces its pirate history. Average Retirement Savings: How Do You Compare? It also has the fourth-fewest medical centers per 1,000 residents, though 7.27 medical centers per 1,000 residents is still not a bad number overall. America's Bestand Most AffordableBeach Towns for Retirement Here are 25 gorgeous beach towns in the U.S. where you can retire on a budget. The city's median home value is just $173,900 versus $262,900 in . Thousands benefit from our email every week. With fewer than 100 residents, Round Top is the tiniest of the small art towns. . The Best Beach Towns to Retire in - East Coast West Coast Movers It's also great for retirees, with lots of recreation areas and a high ratio of doctors' offices to people. Best beaches in North Padre Island: Malaquite Beach - Lovely beach with changing facilities, outdoor shower, and covered picnic areas. Middle River is under a half hours drive away from the big, bustling city of Baltimore, but the quiet town will give you all the R&R you deserve in your retirement. 50 Best Beach Towns to Live in | Stacker The Best Beach Towns for Retirement - Southern Living With its bustling main street, John F. Kennedy Hyannis Museum, and world-renowned Cape Cod Hospital, Hyannis is basically the hub of the Cape. 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. The tax burden in Exeter is low at just 11.3%. Atlantic City, New Jersey. Next: 10. Seabrook Island, South Carolina. 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. With a presale inspection, a home inspector will visit your property before you put it on the market. Use these cleaning tips to get rid of dust buildup and improve the air quality in your home. And youll pay around $1,009 in annual property taxes and $455 in monthly housing costs. Join here. 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. Upload a picture of your shopping receipts to the free Fetch app, and start earning points today. 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. Safest Places away from Hurricanes Florida - Moving to Florida Stacker looks at the 50 best places to retire on the East Coast, analyzing data including population, age, income, household values, and rent. That tax rate is the fifth highest on this list. Thanks to the rise of work from home systems and software like Zoom, more people are finding they can work remotely. According to United Van Lines National Movers Study, in 2018, 39% of the retirees they moved had their GPS systems locked on to Florida. They were ranked according to their median home value, average number of rooms per house, median monthly property taxes paid and monthly housing costs. 2022 Best Places to Retire in North Carolina - Niche 10. In the downtown area, youll discover some lovely early-1900 buildings and exhibits at the Historical Museum. Lewes and nearby Rehoboth Beach have become one of the hottest LGBTQ retirement destinations on the East Coast. 1. The University of Delaware is in town, though, so there are college sports and on-campus theater and music to keep you busy. In addition to its proximity to Naples, Pelican Bay is less than an hour from Fort Myers and only two hours away from Miami. This is not a typo: Southern California does, in fact, boast affordable retirement homes right near the coast. Live everyday like youre at a summer resort at Ormond Beach in Florida and enjoy clear blue waters and peachy orange sands. Youll find plenty of activities to keep you occupied in and around the City of Discovery, from casinos and boat charters to beaches and trails. Great golf courses, medical facilities, beaches, state parks, and places to fish, kayak, and hike lure retirees from across the country. Finally, knowing that the ability to form a community with likeminded people is important to many retirees, we looked at both the number of retirement communities per 1,000 residents and the percentage of a towns total population made up of seniors. The current median house listing price is $210k. Its also the medical center for the south coast region, according to the city website. Part of YaleNew Haven Health, Lawrence + Memorial Hospital is home to the regions only inpatient rehab unit and a nationally recognized cardiac rehabilitation program. Portland, Maine. Smallbones // Wikimedia Commons #15. 1 / 100. Many locals also take whale watching tours by boat, view masterpieces at Coos Art Museum, swing a 9-iron, or watch the pros play golf at the Bandon Dunes Resort, home to the Curtis Cup. This Mississippi Gulf coast town is a haven for retirees because it has a relatively low cost of living paired with a laid-back atmosphere. Have a question? State's tax rating for retirees: Most Tax Friendly. The Best Places to Retire in 2022-2023 - US News & World Report Our next dilemma: Is Seaside or Cannon Beach better? Places to stay: Creek Watch Villa (6 guests): $125/night Updated Seabrook Villa (8 guests): $123/night Five Oaks Coastal Cottage (11 guests): $166/night There may not be any restaurants or shops on this quiet South Carolina getaway but what it lacks in amenities, it more than makes up for in secluded beauty. Year-round homes start around $350,000 and reach nearly $4 million. Talk to a financial adviser for even more help with stretching those retirement dollars. The welcoming atmosphere and colorful boutique-lined downtown are draws for seniors, who make up more than a quarter of the town's population. She writes about food, travel, and real estate for Zagat, FoodNetwork.com, BBC Travel, and more. Best Places 2022-2023 Rank: 117 Metro Population: 698,537 Median Home Price: $333,741 Average Annual Salary: $55,710. Vietnam offers one of the lowest costs of living in the world. The Harbor City features some delightful art galleries, golf courses, fishing piers, upscale dining, boutiques and beaches. 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. Portland, Maine. The town itself has a tax burden of 18.90%, the second highest on this list. Dont forget to compare health insurance rates to find an affordable policy that gives you great coverage as part of your retirement plan. Canton, Georgia. This coastal city has some of the best fishing in Texas you can choose between charter boat services, surf fishing at Bryan Beach or the Brazos River. How much do we know? It has a load of live oaks across the Island, yet walking distance to the beach or intracoastal waterway. It is also close to both Philadelphia and Baltimore, so both cities amenities and recreational opportunities are within easy reach. #46. There's a lot to love about metal roofs, but they're not for everyone. Beautiful walks whichever way you go and.. View nearby homes. Best alternative to Kiawah Island. 10 Best Places to Retire on the East Coast - SmartAsset Finding a qualified financial advisor doesnt have to be hard. It also ranks first on our list of the best places to retire in Georgia. Biloxi, Mississippi, ranks at the top of our list as the most affordable beach town in America. J.A. 2 . 3. Learn how to handle home improvement projects in a way that protects both your home and your bottom line. Just bear in mind that as a resident you will have to contend with crowds of tourists, especially in the summer. One of the east coast cities that often gets overlooked but is well worth a visit. You can stroll around the downtown center and the Historic District and check out the art galleries, antique shops and Greek eateries around the area. Best places to retire on the East Coast - MSN 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. Here's a list of real estate firms to consider working with. This suburban beach town is best known for its . Average Annual Salary: $52,970. However, what really makes this port town ideal for the 55-plus crowd is the easy access to quality health care. It's a hidden gem located along the Atlantic Ocean coast. The best places to retire for real estate, homes for sale, cost of living, climate, recreation, senior services and more . 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. 25 Most Affordable Beach Towns in the U.S. | Far & Wide The median home value is $382,900 in Chapel Hill and $229,900 in Durham. The median home value in the city is quite low just $113,600 and youll pay around $908 in annual property taxes and about $655 in monthly housing costs. . 14 Small Town East Coast Beaches With Photos - Two Scots Abroad 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. Beach homes: These towns are the most budget-friendly - USA TODAY Retirees can take the grandkids on whale watching tours or picnic at one of the many parks or the beach. Buying rental units can be pretty simple. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. Or go swimming at Sunset Beach and Fred Howard Park. 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. 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. As an extra perk, Seafords annual Christmas Parade is the biggest on the Delmarva Peninsula. Retire Comfortably. You kind of have the best of both worlds [in Murrells Inlet] if youre looking for a nice, affordable area to retire to, says Jeremy Jenks, vice president of sales at Keller Williams The Trembley Group. Redeem your points for cash or gift cards. Often named one the best coastal towns in Maine, Kennebunkport has it all. The median home value in Tarpon Springs is $209,400 and the median monthly housing cost adds up to $943 slightly pricier than Hobe Sound but youll pay around $1,847 in property taxes each year. In minutes, you can connect with a local or remote advisor and get a free initial consultation. Maui island is easily one of the most beautiful islands in the world. Thats towards the bottom of this list, but its still a decent portion of older people if you thats important to you. 6 Best East Coast Road Trips for Fascinating History, Beautiful Beaches, and . 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.. 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 . Okaloosa Island, with its fine white sand beaches and glittering green waters, is mere minutes away. Pelican Bay is a beautiful town on Florida's Gulf Coast. Consider cost of living and your love of the outdoors if you're thinking about a move to Seattle. If you can do this in one of the most beautiful French coastal towns, enjoying good food, wine, and long beach walks, then it's heaven. Best places to retire on the East Coast - WMBF News And explore the scenic trails at the Clam Bayou Nature Park. Seniors age 65 and over make up 21% of the towns population. Seaford is home to a number of parks where you can experience the great outdoors. Springfield residents benefit from plenty of high-quality health care options within driving . You may be able to repair drywall yourself. Shocker, right? There are no guarantees that working with an adviser will yield positive returns. This college town is home to the University of Oregon, which has the largest library in the . More: 4 ways to earn big returns outside the stock market. Fort Pierces unspoiled shores and palm tree lined sidewalks also make it one of Americas most picturesque (and affordable) beach towns. The Most Affordable Places to Live on the East Coast. Theres still a lot of areas in Hyannis that are very affordable, says Jeanette Neeven, a Realtor with Century 21 Cobb Real Estate. This is not an offer to buy or sell any security or interest. 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. To hit the soft sand of beautiful Atlantic Beach, locals have to drive about seven minutes across the bridge. It also ranks first on our list of the best places to retire in Georgia. If youve ever wished you could just pack up and head to the beach instead of staring out at the same dreary cityscape, perhaps that dream could become a reality. Located just north of Naples, its sandy beaches and tropical climate provide a natural allure. 20 best coastal towns to move to in the UK - Country Living If you love beach towns, then Jacksonville might be one of the better options for you. The Best Secret Beach Towns in Mexico. New Hyde Park is another Long Island town, meaning residents will have access to New York City. The Best Beach Towns to Retire in the U.S. - US News & World Report You can go fishing for speckled trout and flounder at Sabine Lake and keep a look out for warblers and thrushes at Sabine Woods. 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. While beachfront properties are premium, the median house price listing for Myrtle Beach is $250k, while the median household income is $43,200. 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. Despite the Crisis, Homeowners Remodel to Ride Out Pandemic in Comfort, How the Coronavirus Is Changing Some Boomers' Real Estate Plans for the Better. 11 Best East Coast Beach Towns. Retirement Advice | Best Beach Towns to Retire in the US | HGTV In any case, let us discuss some of the best beach towns for retirement in Florida. With some of the best beaches, lively downtowns, wildlife, and natural scenery, one will get the long-craved escape at one of these less-crowded gems. Only about 1 square mile, the popular beach area has a small-town feel and was named as a best place to retire by the AARP. Photo Credit: Julie McCool. Many tourists visit this island but are its resources up to standard? Though Morehead City is on the mainland, protected from storms by a barrier island, the city proper isnt known for its beaches. The peninsula is 16 miles long, with the Caribbean Sea to the east, and the Placencia lagoon to the west. Beaufort, North Carolina, one of the Southeast's oldest and most charming beach towns, is at the southern tip of North Carolina's Crystal Coast. Looking to buy a home in Florida? Jacksonville, FL. Myrtle Beach, SC, is one of the nation's most affordable beach towns. The 10 Most Affordable Beach Towns, 2021 Edition - realtor.com The cliff-edged and chilly shoreline of Bastendorff Beach, just a short trip over the bridge from Coos Bay, is gorgeous, a wholly relaxing place to collect shells, pitch a tent, or ride a horse. Cheap Towns You'll Actually Want to Retire In | Reader's Digest LindaZ74 / Shutterstock. 20 Great Places to Retire Near the Mountains | Kiplinger Dont miss the massive limestone rock formations at Blowing Rocks Preserve, which is also home to loggerhead, green and leatherback sea turtles. Centrally located on the Chesapeake Bay side of the Eastern Shore, Onancock is an inviting small town that was founded in 1680. Looking to buy a home in Virginia? Part of Mississippi's "Secret Coast," Ocean Springs is a beach town that features white, soft sand and a vibrant downtown, packed with boutiques, music and great restaurants. New Castle is third in terms of retirement communities with 3.72 per 1,000 residents. The Best Places to Live By the Beach in the U.S. in 2022-2023 https://www.realtor.com/realestateandhomes-search/, https://www.census.gov/data/developers/data-sets/acs-5year.html. 2022 1-bedroom rent: $1,266.29. Metro Population: 698,537. This gorgeous little Gulf Coast town with Mediterranean-inspired architecture is a total dream, so much so that it ranks highly in multiple surveys on happiness and well-being. Whitecap Beach - Scenic beach in Texas with sizable waves. In Essex, the median home value is just $191,400 compared to the states median home value of $370,300, according to Zillow. Ogunquit is said to have the prettiest . Cape Coral was named one of the top 25 places to retire by . Tuckpointing can give your brick walls or chimney a facelift while helping to ensure the structural integrity of your home. In Alabamas Gulf Shores, you can indulge and relax and even partake in an adventure or two. It has a little bit of everything.. 4 gorgeous beach towns where you can retire comfortably on $40,000 a 2) Key Biscayne Florida. Where is the best place on the East Coast to retire? 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. What's harder is choosing the ideal tenants to occupy them. However, New Hyde Park does have the second lowest senior population percentage on this list at 14.4%. 25 Affordable Beach Towns Where You Can Retire - MoneyWise Great Places To Retire Near The Beach 2023 - Retirable 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. Lets hit the beach. The 10 Best Beach Towns on the East Coast. Siesta Key, Florida - Population: 5,573 (16% age 55-64 and 54% age 65+) It probably won't come as a surprise to hear that Florida does exceptionally well in the retirement rankings across the board. This renovated one-bedroom cottage is listed for just $199,999 and this two-bedroom at $225,000. It prides itself on being a laid back coastal community, free of crowds and pollution. Population 8,252. The small towns on this list are some of the greatest beach towns on the East Coast. 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. Fernandina Beach, Florida. Youll cough up around $1,925 in property taxes each year and $739 in monthly housing costs. Hendersonville comes in sixth on this list with 7.8 medical centers per 1,000 residents. About 27% of the citys 10,000 residents are aged 65 and up. Big Shell Beach - Great for seashell picking and photo ops, not for sunbathing. Fairfax is close to Washington, D.C. and the myriad cultural options that our nations capital has to offer, including the Kennedy Center, the Smithsonian museums and the National Mall. How Much Do I Need to Save for Retirement? 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. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). 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. A financial advisor can help you create a financial plan to pay for your East Coast retirement dream. 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. When considering a place to retire, you should take a look atdifferent financial factors, including tax burden, healthcare facilities and other costs.

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