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. - Population: 40,000. Retirees are undoubtedly drawn to these areas by the active, beach lifestyle, says Danielle Hale, chief economist for realtor.com. The lowest average on our list is Shreveport, Louisiana, at $374.77. For the purposes of this book's third edition, a small art town has a full-time population of 65,000 or fewer. It is built on high ground between two harbors overlooking . America's gold stockpile has fueled curiosity and conspiracy theories. 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. 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. Flickr JR P. Darien is one of the premier coastal towns in Georgia. It does have the third highest tax burden at 18.4%, though. 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. Melbourne is situated just southeast of Orlandos massive, family-friendly theme parks, but it could be better suited to an older homeowner. 86 / 100. Gulfport is one of Mississippis biggest cities, so you wont lack for amenities. Fernandina Beach, Florida. They include this three-bedroom on the water for $275,000 and this two-bedroom cottage for $219,000. A housing bubble burst isnt imminent, but here are the factors to keep an eye on. With pent-up demand, labor shortages and surging prices, summer travel wont be a bargain this year. It has 10 birding sites on the Great Texas Birding Trail and the planets sole migrating flock of over 265 whooping cranes, which passes through the Aransas Wildlife Refuge every winter. One-Time Checkup with a Financial Advisor, 7 Mistakes You'll Make When Hiring a Financial Advisor, Take This Free Quiz to Get Matched With Qualified Financial Advisors, Compare Up to 3 Financial Advisors Near You. 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. While low for this list, thats not a bad number overall. The median rent is $998. Is Maui water safe to drink? 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. A bonus: The average morning commute for Springfield residents is just 23.3 minutes, allowing locals to spend more time at home. Planned developments known as "plantations" dot the area. 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. 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. Situated on the eastern shore of Biloxi Bay, Ocean Springs has a reputation as a historic town with a vibrant and eclectic arts community. ROBBIE CAPONETTO; PROP STYLING: RACHAEL BURROW; HAIR AND MAKEUP: CELINE RUSSELL/ZENOBIA, The Best Budget Getaways In The South For 2023, Venice Is the Laid-Back Florida Beach Town With Plenty of Personality, Best Lake Towns To Retire To in the South, The Best Beach Towns In The South To Visit This Winter, The Best Places for a Dreamy Retirement in the South. By the numbers: Population . Upload a picture of your shopping receipts to the free Fetch app, and start earning points today. In Ocean Springs, the median home value is $174,000, the median annual property tax is $1,445 and the median monthly housing cost is $1,021. Here's a list of real estate firms worth checking out. It's one of the most affordable cities on the East Coast with a high livability rating. Florida, Georgia, and South Carolina boast beachfront towns with well-priced properties and a high livability score. The scenic views blow everyone away, and it's filled with waterfront parks, historical monuments, and entertainment for all ages. Living out your golden years in this city wont cost you much, when the median monthly housing cost is only $981. Many of the retired residents of Hyannis move into their former summer homes, but there are still plenty of boomers relocating to the area. 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. Average Annual Salary: $55,710. St. Marys, St Marys, GA 31558, USA. You should factor in the average cost of living in that state or area and how that fits your lifestyle and budget. Daytona Beach is a tourists dream gorgeous beaches, fun rides and arcades and live music and theater productions. Welcome to Coastal Dream Life, a website dedicated to helping you achieve your dreams of white sandy beaches and fresh ocean breezes in style. Daytona also made it to 15th place on U.S. News ranking for the best places to retire. Ithaca is a small picturesque town in the upstate New York Finger Lakes region. Smallbones // Wikimedia Commons #15. Laidback New Smyrna Beach is a peaceful beach community of 23,000 located in the northern portion of Florida's east coast. Good for Retirees. Here's a look at the highest-rated coastal towns to retire. Dont miss the massive limestone rock formations at Blowing Rocks Preserve, which is also home to loggerhead, green and leatherback sea turtles. Here's how to do it and how much it costs. Ask our Retirement expert. 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. The median home value in Freeport is a mere $81,100 and youll pay just around $479 in monthly housing costs. 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. 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. Stroll down the boardwalk for more entertainment options and shopping. Cocoa Beach. 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. If you want a town with people of diverse ages, though, New Hyde Park might fit the bill. 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. 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. Seniors age 65 and over make up 18% of the population. Beautiful walks whichever way you go and.. View nearby homes. The Most Affordable Places to Live on the East Coast. Sink your toes into sugar-white sand beaches that are reportedly composed out of fine quartz grains from the Appalachian Mountains. In minutes, you can connect with a local or remote advisor and get a free initial consultation. The 14 states that make up the East Coast of the U.S. offer up a wide range of climates . Maui island is easily one of the most beautiful islands in the world. Retirement is the time in your life when you can finally forget the stress of work and just relax. 2. Set out on a sailboat, book a tennis lesson, breeze along biking trails, explore the boutiques, or nab tickets for concerts and festivals to make the most of retirement in this South Carolina paradise. There are many long white beaches, some quite hidden and far from the crowds of the boardwalks and the main beaches. Boasting a population of roughly 17,000 people and a median household income of $58,713, this town still offers affordable housing. Located just north of Naples, its sandy beaches and tropical climate provide a natural allure. Placencia is a haven for beach connoisseurs. Lewes and nearby Rehoboth Beach have become one of the hottest LGBTQ retirement destinations on the East Coast. Biloxi, which sits right next to Gulfport, is Americas most affordable beach city, according to SmartAsset. The stunning Olympic National Park, with its lush green forests, hot springs and glacier-capped mountains, lies nearby as well. 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. 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. While beachfront properties are premium, the median house price listing for Myrtle Beach is $250k, while the median household income is $43,200. The median home value is $382,900 in Chapel Hill and $229,900 in Durham. Living in a tiny house may sound like a great way to save, but some details require a hefty investment. 7. Read on for the 25 Best Places to Live on the East Coast. 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. New Castle is tied with the other Delaware cities on this list for the lowest tax burden at 11%. 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. For those working in finance, this city may be the best choice. The median home value sits at $169,000 and annual property taxes will cost you around $1,300. The South Florida hot spot is the seventh-most populous metro area in the U.S., and its beaches attract vacationers year-round. Population 8,252. Fernandina Beach- Distance to the coast 0 miles. 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. This Gulf Coast city features some glorious nature trails and lagoons and wetlands. A lifetime of coastal living has taught me that the weather can often have all four seasons in a single day. 11 Best East Coast Beach Towns. Johnson // Shutterstock #100. And youll pay around $1,009 in annual property taxes and $455 in monthly housing costs. 25. If you're interested in retiring near the ocean without the humidity of a tropical . The stunning gulf coast area is well known for its beauty, and Coastal Living voted ocean Springs as one of the 10 Happiest Seaside Towns in 2015. 1. Thats towards the bottom of this list, but its still a decent portion of older people if you thats important to you. If small and quaint is not your style, Jacksonville, with its vast area and large population, might be more your pace. 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. Which Is Nicer, Huntington Beach Or Newport Beach? Chances are you already know the country's most famous beach destinations . Atlantic City, New Jersey. Wise up with top stories and timely tips Tuesdays and Thursdays. Despite its small size, this quaint town boasts many small businesses and eateries and offers plenty of water sports from the Intracoastal Waterway and the Atlantic Ocean. 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. 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. Nestled between Pensacola and Panama City, Fort Walton Beach includes some of the best deep sea fishing charters in the nation. On the shores of Lake Cayuga, the area has waterfalls and gorges galore. 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. It even has an airport and ferry terminal that connects the mainland to Marthas Vineyard and Nantucket. 6 Best East Coast Road Trips for Fascinating History, Beautiful Beaches, and . If youre considering a retirement in any of these places, you should start planning now. Average Annual Salary: $52,970. Here are 25 gorgeous beach towns in the U.S. where you can retire on a budget. About 27% of the citys 10,000 residents are aged 65 and up. The laid-back city boasts a restaurant- and shop-lined Main Street, which spills out to a nice pier and beach. Are you confident in your retirement savings? Just south of Sarasota, quiet and charming Venice is the ideal retirement spot for those looking for a slower pace of life. The median annual property taxes add up to $1,267. Miami. Hendersonville comes in sixth on this list with 7.8 medical centers per 1,000 residents. Seabrook Island, South Carolina. casual place with mountains on its east side and seven miles of often empty beach on its west side, Rockaway Beach is a world unto itself. Hilton Head Island, known for its beaches and golf courses, is a great place to retire. Jacksonvilles booming city will suit those who want access to some beautiful stretches of coastal areas but need to have an urban playground and a travel hub on their doorstep. Ocean Springs, Mississippi. The city features two state parks Tomoka and Bulow Creek which cover thousands of acres and protect various wildlife habitats and species. It also ranks first on our list of the best places to retire in Georgia. The welcoming atmosphere and colorful boutique-lined downtown are draws for seniors, who make up more than a quarter of the town's population. 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. There are lots of great golf courses too, and plenty of fresh seafood to enjoy in area restaurants. You'll find some of the area's best seafood and golf courses, and the opportunities for fun are endless. Hendersonville also topped our list of the best places to retire in North Carolina. 10. So, are, Read More Are Coastal Cities Warmer?Continue. Beach cities in the U.S. can't be mentioned without a nod to Miami. Venices shoreline is located halfway between Sarasota and Port Charlotte, on the eastern edge of the Gulf of Mexico. 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 . For bird watching opportunities, head to the Freeport Wetlands Trail & Bird Observatory, and go hit the links at the Freeport Golf Course. Located about an hour north of Atlanta near the shores of Lake Lanier, Cumming is not just the best place to retire on the East Coast its also the second-best place to retire in the country. Consumer and homebuilder sentiment in the Boise region appears to be less than optimistic, but the labor market is strong and home prices are starting to trend downward. Average income for population 65+: $70,291. Not every retiree wants to live in the heart of the big city but this lovely unincorporated community by the water offers the best of both worlds, lying just 20 minutes away from Baltimore. Making your dream retirement a reality takes money, though, and saving enough money takes planning. 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. 1. Unlike it's nearby but totally separate . Buying rental units can be pretty simple. . Over 22 miles in fact. Its home to lots of shopping, plenty of restaurants, nice golf courses, a great sailing scene, and beautiful beaches. #46. It probably won't come as a surprise to hear that Florida does exceptionally well in the retirement rankings across the board. Bel Air contains one of Marylands Arts and Entertainment districts, where concerts are frequently held. Its also near Lake Lanier, a reservoir where you can boat, swim and enjoy the beach. The average is $399.14, while Las Vegas and Reno, Nevada, lead the way at $421.31. 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. We adhere to strict standards of editorial integrity to help you make decisions with confidence. Boasting 10+ miles of pristine beaches with temperate weather year . 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 median house price listing is $235k, but there are small gems to be found in this delightful town. You may find yourself wondering, though, where exactly you want to spend your golden years. Where is the best place on the East Coast to retire? Beaches. She writes about food, travel, and real estate for Zagat, FoodNetwork.com, BBC Travel, and more. 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. Bel Air is also clearly popular among older people. Long Beach, NY. Or go swimming at Sunset Beach and Fred Howard Park. 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. To hit the soft sand of beautiful Atlantic Beach, locals have to drive about seven minutes across the bridge. This renovated one-bedroom cottage is listed for just $199,999 and this two-bedroom at $225,000. The port town offers great boating, fishing, and nearly every type of water sport imaginable in both the sound and the Atlantic. Livability score: 78. Foodies can dine at some fantastic seafood and steak spots and outdoor activities range from bird watching to ziplining. 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 are the top 10 budget-friendly spots that offer access to the ocean: 1. 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. You, too, can be the Prince of Bel Air the one closer to the Atlantic than the Pacific, that is. Whether youre looking for a quaint seaside town tucked away with hidden, unspoiled beaches or a booming coastal city with access to all your cultural, travel, and entertainment needs, theres a place waiting for you. 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. Pensacola is Florida's most affordable beach city and it's a beautiful place to retire, with idyllic white sand beaches, rivers, bayous and bays. Few towns are as charming as Fairhope, and its relaxed, welcoming atmosphere makes retirees feel right at home. There's a lot to love about metal roofs, but they're not for everyone. The city also houses the Addison Blockhouse Historic State Park, where you can see an 18th-century plantation. 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. It probably won't come as a surprise to hear that Florida does exceptionally well in the retirement rankings across the board. Work in that sector is constantly rising with the influx of more than 20 million visitors each year. https://www.realtor.com/realestateandhomes-search/, https://www.census.gov/data/developers/data-sets/acs-5year.html. Plus, theres almost seven rooms per house on average, so youll have lots of space. - National rank: 56th best place to retire. Photo Credit: Julie McCool. These spots are livable, picturesque, and inviting. 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. #11. Property is extremely cheap in Port Arthur the median home value is just $65,800. . J.A. Check out these laundry room organization ideas and make washing clothes easier. The city incorporates the city of Coronado Beach. The median household income in Swansboro is $48,922. Stacker compiled a list of the best places to live on the East Coast using 2022 data from Niche's. . Cape Coral was named one of the top 25 places to retire by . Thousands benefit from our email every week. Beaufort, North Carolina. You wont need to splurge on your new digs, however. Okaloosa Island, with its fine white sand beaches and glittering green waters, is mere minutes away. Ready to take a long stroll down the list together? There are currently more than 74 million boomersof which 10,000 per day are hitting age 65, according to the Pew Research Center. 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. 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 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. It might be time to review that far-away dream of life on the coast and waking up to the sound of waves and gulls and having a look at the affordability of East Coast beach houses. Theres an outlet shopping center and a casino. Most folks probably dont imagine spending their beachy retirement huddled up under layers of sweaters and blankets, but theyre missing out. 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. To help you determine the place in this part of the country that's the best fit for you, we looked at the metro areas within 100 miles of the Atlantic coast that rank highest among the Best Places to Live, which considers factors including affordability, job market, desirability and morning commute, among others. The national average commute is 26.9 minutes. 11 . National parks, preserves and wildlife refuges are all plentiful . 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.
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