best east coast beach towns to retire

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. We adhere to strict standards of editorial integrity to help you make decisions with confidence. 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. Dust is a common household nuisance, causing respiratory problems and allergic reactions when inhaled. New Castle is third in terms of retirement communities with 3.72 per 1,000 residents. Have a question? Maine is one of the East Coast's best beach towns. Seniors age 65 and over make up 18% of the population. In minutes, you can connect with a local or remote advisor and get a free initial consultation. Its an amazing retirement destination with its white sand beaches, casino resorts, championship golf courses and museums and historic sites. A bonus: The average morning commute for Springfield residents is just 23.3 minutes, allowing locals to spend more time at home. Gulfport is one of Mississippis biggest cities, so you wont lack for amenities. 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. Beach cities in the U.S. can't be mentioned without a nod to Miami. Bel Air is also clearly popular among older people. The South Florida hot spot is the seventh-most populous metro area in the U.S., and its beaches attract vacationers year-round. And the town you choose to make your home has to suit you and your family. 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. 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. The Gulf Coast city has a median home value of $161,700, which is the ninth-lowest value for this metric in the study. When considering a place to retire, you should take a look atdifferent financial factors, including tax burden, healthcare facilities and other costs. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. 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. In Alabamas Gulf Shores, you can indulge and relax and even partake in an adventure or two. Key Biscayne, Florida. 04 of 13. They include this three-bedroom on the water for $275,000 and this two-bedroom cottage for $219,000. Pensacola is Floridas most affordable beach city and its a beautiful place to retire, with idyllic white sand beaches, rivers, bayous and bays. Myrtle Beach boasts 60 miles of golden coastline, celebrity-designed golf courses and decadent seafood restaurants. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. The 20 top coastal towns in the UK for Brits to relocate to have been revealed in a new study and Margate in Kent has taken the top spot, famed for its glorious blue flag-certified beaches, affordable property prices and average hours of sunshine.. South Carolina's low country is a popular place to retire, thanks to its low cost of . 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. Daytona Beach is a tourists dream gorgeous beaches, fun rides and arcades and live music and theater productions. You might even catch a glimpse of a dolphin or sea turtle, or catch some Spanish mackerel along the fishing pier. It's one of the most affordable cities on the East Coast with a high livability rating. St. Marys, St Marys, GA 31558, USA. 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. Maui water is, Read More Is Maui Water Safe To Drink?Continue, Are you dreaming of a mid-winter vacation to somewhere warm, wishing you could go exploring or surfing? 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. Fairfax lands in third with 2.91 retirement communities per 1,000 residents. Hilton Head Island, South Carolina. Our next dilemma: Is Seaside or Cannon Beach better? Lewes and nearby Rehoboth Beach have become one of the hottest LGBTQ retirement destinations on the East Coast. Ithaca, New York. New Smyrna Beach was the center of intense real estate speculation during the 1920 . New Hyde Park is another Long Island town, meaning residents will have access to New York City. The best places to retire for real estate, homes for sale, cost of living, climate, recreation, senior services and more . Looking to buy a home in California? Next: 10. It probably won't come as a surprise to hear that Florida does exceptionally well in the retirement rankings across the board. 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. And its not just pretty to look at Hobe Sounds median home value is just $206,300. For many, the ultimate retirement goal involves uncomplicated days when the toughest decision involves when to visit the beach. Boasting a population of roughly 17,000 people and a median household income of $58,713, this town still offers affordable housing. These spots are livable, picturesque, and inviting. With the draw of the water (Fairhope is on Mobile Bay) and a downtown with unique restaurants and boutiques, it's one of the best places in the state, maybe even in the whole country, to retire. The median monthly housing costs amount to $811. The artsy, quintessentially Southern Mississippi Gulf Coast leads the nation in affordable coastal cities, with four places landing in . Average income for population 65+: $70,291. Venices shoreline is located halfway between Sarasota and Port Charlotte, on the eastern edge of the Gulf of Mexico. 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 median house price listing is $235k, but there are small gems to be found in this delightful town. With pent-up demand, labor shortages and surging prices, summer travel wont be a bargain this year. 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. How Much Do I Need to Save for Retirement? If you're wondering where to retire along Florida's east coast, consider cities like Jacksonville, Daytona Beach, Port St. Lucie, or Boynton Beach. The 10 Best Beach Towns on the East Coast. You can save on auto insurance as part of your retirement plan as well by comparing rates online. You could also be saving $1,000 a year or more by choosing the right home insurance policy online. Jim has run his own advisory firm and taught courses on financial planning at DePaul University and William Rainey Harper Community College. Miami. 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. Here's a look at the Best Places to Retire in 2022-2023. Unique View: The quintessential fishing village of Cape Porpoise, Maine. Healthcare is obviously very important to seniors, so we considered the number of medical centers per 1,000 residents in each city. This scenic hamlet in the Beaver State offers many outdoor recreational activities for a retiree, as well as museums, full-service libraries, restaurants and shops, athletic clubs and cultural events. Ask our Retirement expert. The scenic views blow everyone away, and it's filled with waterfront parks, historical monuments, and entertainment for all ages. Suppose you must choose between Huntington or Newport Beach for the family holiday and dont know which is better. Located on Virginia's eastern shore, Cape Charles is an inviting small town with picturesque piers and sidewalks for strolling and biking. If youre wondering whether you should pick Hawaii or Florida, our guide should help you decide. Great golf courses, medical facilities, beaches, state parks, and places to fish, kayak, and hike lure retirees from across the country. Myrtle Beach, SC, is one of the nation's most affordable beach towns. 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. Oak Island is a nice quiet area to retire in. Centrally located on the Chesapeake Bay side of the Eastern Shore, Onancock is an inviting small town that was founded in 1680. 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. If you know you want to be on the East Coast, check out our lists of the best places to retire in. #46. 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. Please be aware that some (or all) products and services linked in this article are from our sponsors. 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. 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. The county seat of Nassau County, Fernandina Beach is just north of Florida's beautiful Amelia Island. 2 . 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. The lowest average on our list is Shreveport, Louisiana, at $374.77. 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. 1. Property is extremely cheap in Port Arthur the median home value is just $65,800. Many of the retired residents of Hyannis move into their former summer homes, but there are still plenty of boomers relocating to the area. 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. It is also close to both Philadelphia and Baltimore, so both cities amenities and recreational opportunities are within easy reach. Youll also gain access to another untouched island by boat Caladesi Island, where you can kayak between the shady mangroves and stroll along the shore. Thanks to the rise of work from home systems and software like Zoom, more people are finding they can work remotely. It prides itself on being a laid back coastal community, free of crowds and pollution. By the numbers: Population . 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. This town is about 15 minutes from the Atlantic Coast, so if youre a fan of windy days by the ocean then Exeter fits the bill. If small and quaint is not your style, Jacksonville, with its vast area and large population, might be more your pace. Metro Population: 6,129,858. Best Places 2022-2023 Rank: 117. 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. A financial advisor can help you create a financial plan to pay for your East Coast retirement dream. Best French Beach Towns. Youll cough up around $1,925 in property taxes each year and $739 in monthly housing costs. 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. 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. Mississippis widely considered one of the cheapest cities to live in the U.S., but isnt always recommended for a retiree. 11 . Aside from the lovely beaches, you can visit the local falls and hiking trails. It has a little bit of everything.. Housing costs for retirees in Knoxville are the biggest factor bringing down costs, at nearly 30% below the national average. 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 14 states that make up the East Coast of the U.S. offer up a wide range of climates . Total monthly expenditures: $2,073.51. This quaint coastal town lies east of Bay St. Louis and it is known\ for its arts and festivals. 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. 2) Key Biscayne Florida. Redeem your points for cash or gift cards. On the shores of Lake Cayuga, the area has waterfalls and gorges galore. The town itself has a tax burden of 18.90%, the second highest on this list. Deerfield Beach, Florida. Though Morehead City is on the mainland, protected from storms by a barrier island, the city proper isnt known for its beaches. Shimmering shorelines, renowned golf courses, impeccable dining that's what awaits you on Kiawah Island. Long Beach, NY. The city hails itself as The Shark Tooth Capital of the World due to the thick fossil beds that lie right under its gently lapping shores. . (opens in new tab) Popular Local Beaches: Beaches at Goose Lake Park, Jewell Lake, Little Campbell . 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. It is built on high ground between two harbors overlooking . Average Annual Salary: $52,970. The River City by the Sea has a network of waterways and canals, as well as long stretches of stunning coastline. Especially attractive to avid golfers, Myrtle Beach boasts 85 golf courses. Plus, there's almost seven rooms per house on average, so you'll have lots of space. 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. 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. Turning your retirementinto a reality takes money. Just south of Sarasota, quiet and charming Venice is the ideal retirement spot for those looking for a slower pace of life. It also ranks first on our list of the best places to retire in Georgia. Sink your toes into sugar-white sand beaches that are reportedly composed out of fine quartz grains from the Appalachian Mountains. The beaches are long strands of white sand, offering perfect coastal views. 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. 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. 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. 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. Read on for the 25 Best Places to Live on the East Coast. Information and timely news from our team of trusted money specialists. Laidback New Smyrna Beach is a peaceful beach community of 23,000 located in the northern portion of Florida's east coast. 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. While beachfront properties are premium, the median house price listing for Myrtle Beach is $250k, while the median household income is $43,200. Instead, the 55-plus crowd has been seeking out budget-conscious, beach alternatives with plenty of outdoor activities and (often) a temperate climate in which to settle down for good. Canva. Real Estate. However, it does have the fewest medical centers per 1,000 residents at just 3.54. 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. The port town offers great boating, fishing, and nearly every type of water sport imaginable in both the sound and the Atlantic. Springfield, Massachusetts. New Jerseyand its infamous shoregets a lot of flak, but its called the Garden State for good reason: Its friggin beautiful when you exit the turnpike. It is home to Floridas number one state park, Honeymoon Island, which boasts emerald green waters and pristine white beaches. Seaford is tied for the lowest tax burden of any city on this list. Check out these laundry room organization ideas and make washing clothes easier. Whether seeking history, solitude, or a vibrant nightlife, the East Coast has got it all in the unique little towns speckling its pristine shorelines. It is also home to a number of museums, including the Mineral and Lapidary Museum, which has a Tyrannosaurus Rex skull that will surely be impressive to any visiting grandchildren. Many tourists visit this island but are its resources up to standard? 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. If you're looking for one of the prettiest beaches on the East Coast, you'll love vacationing on Fernandina Beach, located on Amelia Island off the eastern coast of Florida. Here's a list of real estate firms to consider working with. Foodies can dine at some fantastic seafood and steak spots and outdoor activities range from bird watching to ziplining. . You may be able to repair drywall yourself. Kick off your flip flops and you can walk for miles along the wide sand beach. 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. The median monthly housing expenses come to $853. Located in western Massachusetts, Springfield is roughly 60 miles from the coast via Connecticut. See which metro areas on the Eastern Seaboard offer the most for residents. Just bear in mind that as a resident you will have to contend with crowds of tourists, especially in the summer. J.A. Its a popular gay retirement community, says Russell Stucki, real estate associate at Re/Max Realty Group. The median rent is $998. All investing involves risk, including loss of principal. The cost of living in Savannah is 12.1 percent less than the national average with the average home value at $134,600. Activities are also important to a happy retirement, so we looked at the number of recreation centers per 1,000 residents. Lets hit the beach. Im going to run through several options of affordable East Coast towns. This two-bedroom condo is listed at just under $200,000 in a high-rise with bay and ocean views. Great Neck also comes in second in terms of retirement communities, with 3.76 per 1,000 residents. Looking to buy a home in Virginia? Here, we've collected 15 of the cheapest beach towns to live in throughout the U.S., based on median home values under $300K.

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