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. It even has an airport and ferry terminal that connects the mainland to Marthas Vineyard and Nantucket. Amateur and pro surfers can experience decent waves along the Cocoa Beach Pier, especially at the end of hurricane season, which is generally September-December. Looking to buy a home in Florida? The welcoming atmosphere and colorful boutique-lined downtown are draws for seniors, who make up more than a quarter of the town's population. This renovated one-bedroom cottage is listed for just $199,999 and this two-bedroom at $225,000. Pelican Bay is a beautiful town on Florida's Gulf Coast. Dont forget to compare health insurance rates to find an affordable policy that gives you great coverage as part of your retirement plan. The content provided on MoneyWise is information to help users become financially literate. Siesta Key, Florida - Population: 5,573 (16% age 55-64 and 54% age 65+) It overtook 2020's winner Gulfport, a Magnolia State neighbor located approximately 13 miles west. 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. 13. J.A. 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. 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. (Getty . This coastal city includes over seven miles of white sandy beaches and offers plenty of leisure activities and facilities for seniors. For an elegant retirement, you can't do much better than life on Kiawah Island. For bird watching opportunities, head to the Freeport Wetlands Trail & Bird Observatory, and go hit the links at the Freeport Golf Course. The artsy, quintessentially Southern Mississippi Gulf Coast leads the nation in affordable coastal cities, with four places landing in . Visited by Captain John Smith in the early 1600s, he wrote that the land was the "Gem of the Eastern Shore". It only takes 3 minutes to connect with an advisor who puts you first. If you want a town with people of diverse ages, though, New Hyde Park might fit the bill. Check out these laundry room organization ideas and make washing clothes easier. SmartAssets services are limited to referring users to third party advisers registered or chartered as fiduciaries ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our matching platform based on information gathered from users through our online questionnaire. You should factor in the average cost of living in that state or area and how that fits your lifestyle and budget. Eugene, Oregon. Pensacola, Florida. Lewes and nearby Rehoboth Beach have become one of the hottest LGBTQ retirement destinations on the East Coast. The median household income in Swansboro is $48,922. This hamlet on Long Island is tied for the second highest tax burden on this list but it also has the second-highest number of medical centers per 1,000 residents. 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. 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. Gulfport is one of Mississippis biggest cities, so you wont lack for amenities. There are currently more than 74 million boomersof which 10,000 per day are hitting age 65, according to the Pew Research Center. 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. Just bear in mind that as a resident you will have to contend with crowds of tourists, especially in the summer. Plus, theres almost seven rooms per house on average, so youll have lots of space. 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. 3. Beautiful walks whichever way you go and.. View nearby homes. 2. The beaches are long strands of white sand, offering perfect coastal views. To hit the soft sand of beautiful Atlantic Beach, locals have to drive about seven minutes across the bridge. This Delaware town is tied for the lowest tax burden on this list at 11%. The 14 states that make up the East Coast of the U.S. offer up a wide range of climates . 4 ways to earn big returns outside the stock market, 10 tactics to keep your summer vacation on budget, Costco shoppers: Beware these tricks the warehouse giant uses to make you spend more. Ithaca, New York. Venices shoreline is located halfway between Sarasota and Port Charlotte, on the eastern edge of the Gulf of Mexico. The median house price listing is $235k, but there are small gems to be found in this delightful town. Great Neck also comes in second in terms of retirement communities, with 3.76 per 1,000 residents. Hoi An has mountainous surrounds on one side and some of the most beautiful, undisturbed pieces . Cape Coral was named one of the top 25 places to retire by . Stacker compiled a list of the best places to live on the East Coast using 2022 data from Niche's. . 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. If you can telecommute or work remotely, you can easily access towns and cities that might have seemed impossible dreams. Theres an outlet shopping center and a casino. LindaZ74 / Shutterstock. There are many long white beaches, some quite hidden and far from the crowds of the boardwalks and the main beaches. Pensacola is Floridas most affordable beach city and its a beautiful place to retire, with idyllic white sand beaches, rivers, bayous and bays. Miami. Overlooking the shores of Lake Michigan, Saugatuck is home to several serene beaches that feature soft sand, rolling dunes and peaceful atmospheres. In the downtown area, youll discover some lovely early-1900 buildings and exhibits at the Historical Museum. 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. Hendersonvilles 1.34 recreation centers per 1,000 residents earns it second place on this list, so there will be plenty to do. These are the top 25 cities for . Atlantic Beach, Florida. Live everyday like youre on vacation in these American coastal towns with spectacular views and bargain prices. Rehoboth Beach, Delaware. 6 Best East Coast Road Trips for Fascinating History, Beautiful Beaches, and . 3 . Choosing new windows is a delicate balance between features, efficiency and cost. The final city on our list of the best places to retire on the East Coast is another Delaware locale, New Castle. Activities are also important to a happy retirement, so we looked at the number of recreation centers per 1,000 residents. Livability score: 78. Jim Barnash is a Certified Financial Planner with more than four decades of experience. Dont miss the massive limestone rock formations at Blowing Rocks Preserve, which is also home to loggerhead, green and leatherback sea turtles. You'll find some of the area's best seafood and golf courses, and the opportunities for fun are endless. The powdery white-sand beaches are a paradise for sunbathersor those who seek shade under an umbrellaand shell seekers. 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. 10. Located on Virginia's eastern shore, Cape Charles is an inviting small town with picturesque piers and sidewalks for strolling and biking. Ocean Springs has several arts festivals, many restaurants, and artists studios such as Shearwater Pottery tucked away. 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. Theres a reason you always walk out with a receipt the length of your arm. 1. Johnson // Shutterstock #100. (opens in new tab) Popular Local Beaches: Beaches at Goose Lake Park, Jewell Lake, Little Campbell . The Falls Lake State Recreation Area is less than 30 minutes from Durham, and the coastal Atlantic Ocean beaches are about three to four hours away, making this one of the best places to retire in North Carolina near the beach. Placencia: An Irresistible Beach Community. Aside from the lovely beaches, you can visit the local falls and hiking trails. Wise up with top stories and timely tips Tuesdays and Thursdays. Year-round homes start around $350,000 and reach nearly $4 million. Best Beach Town in Florida for Families with School-age Children- Students in this beach town have test scores far higher than the national or Florida average.. It's a popular Michigan summer vacation spot . 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. 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. 2022 1-bedroom rent: $1,266.29. Consider cost of living and your love of the outdoors if you're thinking about a move to Seattle. As a retirement town, Lewes has lots of draws, including no sales tax and the third lowest real estate tax area in the country. Springfield, Massachusetts. And its not just pretty to look at Hobe Sounds median home value is just $206,300. The median home value in Gulfport is $185,600 and the annual property taxes will cost you around $1,448, while monthly housing expenses amount to about $877. Deerfield Beach, Florida. You may be able to repair drywall yourself. 1. In Canton, not only do you have a high livability score, but monthly grocery cost is only $407.30 and $399.92 for healthcare, lower than the national averages. Located in western Massachusetts, Springfield is roughly 60 miles from the coast via Connecticut. These firms could be great to partner with. A housing bubble burst isnt imminent, but here are the factors to keep an eye on. 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. In any case, let us discuss some of the best beach towns for retirement in Florida. The tax burden in Cumming is on the high side, though, at 18%. Most folks probably dont imagine spending their beachy retirement huddled up under layers of sweaters and blankets, but theyre missing out. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. 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. It's one of the most affordable cities on the East Coast with a high livability rating. Work in that sector is constantly rising with the influx of more than 20 million visitors each year. 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. 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. It also ranks first on our list of the best places to retire in Georgia. 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.
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