best east coast beach towns to retire

LindaZ74 / Shutterstock. Great golf courses, medical facilities, beaches, state parks, and places to fish, kayak, and hike lure retirees from across the country. So, are, Read More Are Coastal Cities Warmer?Continue. It also has 6.66 medical centers per 1,000 residents. Join here. The Gulf Coast city has a median home value of $161,700, which is the ninth-lowest value for this metric in the study. One of the east coast cities that often gets overlooked but is well worth a visit. Its a popular gay retirement community, says Russell Stucki, real estate associate at Re/Max Realty Group. 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. The towns top spot is the sandy Rocky Point Beach and Park, which spans 375 acres on the Back and Middle Rivers and boasts a beautiful view of the Chesapeake Bay. This is not an offer to buy or sell any security or interest. Just south of Sarasota, quiet and charming Venice is the ideal retirement spot for those looking for a slower pace of life. Wise up with top stories and timely tips Tuesdays and Thursdays. Head to the local restaurants for some fresh gulf seafood or book a charter and reel in some fish yourself. 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. Maine is one of the East Coast's best beach towns. With homes valued at around $168,300, the median housing cost is $1,209 a month and the median annual property tax is $2,265. Unlike it's nearby but totally separate . Live everyday like youre at a summer resort at Ormond Beach in Florida and enjoy clear blue waters and peachy orange sands. 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. Elevation 25. A two-bedroom condo right near the hospital and within walking distance to Ocean Beach can be had for just $99,000 and $209,900 can fetch a three-bedroom Cape Codder with a master bed and bath on the first floor, blocks from the water. Hendersonville also topped our list of the best places to retire in North Carolina. A median house price for those age 60 and older is $160,200. The median income for a family in Atlantic City is $29,232, with a median house listing price of $179.9k. Pelican Bay is a beautiful town on Florida's Gulf Coast. And locals are willing to fork over that kind of money for a reason. 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. Activities are also important to a happy retirement, so we looked at the number of recreation centers per 1,000 residents. To find the best places on the East Coast to retire on Social Security alone, GOBankingRates used SSA data to identify the average monthly benefit as $1,828.30 -- $3,656.60 for a couple. 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. As a retirement town, Lewes has lots of draws, including no sales tax and the third lowest real estate tax area in the country. Lets hit the beach. #25 Best Places to Retire in North Carolina. 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. Are you confident in your retirement savings? Aside from the lovely beaches, you can visit the local falls and hiking trails. Here's how to do it and how much it costs. How Much Do I Need to Save for Retirement? In the downtown area, youll find several historic sites, tasty eateries and live arts performances, and you can go fishing, paddling, surfing and sailing on the blue-green waters that sweep the beach. Choosing new windows is a delicate balance between features, efficiency and cost. Housing costs for retirees in Knoxville are the biggest factor bringing down costs, at nearly 30% below the national average. Jacksonville, Florida. 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. Atlantic City, New Jersey. 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. U.S. News also named Melbourne its tenth best city to retire in and one of the safest places to live and ranked it highly for quality of life. It's also great for retirees, with lots of recreation areas and a high ratio of doctors' offices to people. The East Coast is diverse, so you'll have plenty of choices among seaside locales, bustling urban centers, places that provide Southern charm and towns known for their fall colors. The peninsula is 16 miles long, with the Caribbean Sea to the east, and the Placencia lagoon to the west. It has a little bit of everything.. In any case, let us discuss some of the best beach towns for retirement in Florida. The powdery white-sand beaches are a paradise for sunbathersor those who seek shade under an umbrellaand shell seekers. Myrtle Beach is a popular vacation destination but its also pretty affordable to live in on a permanent basis. Keep a lookout for ospreys, eagles and great horned owls flying overhead. There are many groceries and other amenities available and coffee shops, restaurants, and cultural activities. 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. Lynn Haven, situated just north of Panama City, is a half hour away from some gorgeous beaches and St. Andrews State Park. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. Depending on your line of work whether you can work remotely or switch jobs will also factor into your options when looking at the best, most affordable East Coast town for you. 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.. 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. https://www.realtor.com/realestateandhomes-search/, https://www.census.gov/data/developers/data-sets/acs-5year.html. Bay St. Louis lures visitors and new residents with its inviting downtown and easy access to community gathering spots, like local art galleries and restaurants. 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. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Rehoboth Beach, Delaware. Located in western Massachusetts, Springfield is roughly 60 miles from the coast via Connecticut. The Bay Area Hospital treats patients of all ages, including geriatric medicine and services for the elderly and disabled. You may find yourself wondering, though, where exactly you want to spend your golden years. - National rank: 56th best place to retire. Best Places 2022-2023 Rank: 117. The River City by the Sea has a network of waterways and canals, as well as long stretches of stunning coastline. You can go fishing for speckled trout and flounder at Sabine Lake and keep a look out for warblers and thrushes at Sabine Woods. Living in a tiny house may sound like a great way to save, but some details require a hefty investment. Ocean Springs, Mississippi. 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. The average of the cities on our list is $1,066 per month. Long Beach, NY. Melbourne is situated just southeast of Orlandos massive, family-friendly theme parks, but it could be better suited to an older homeowner. 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. Here's how to diversify your portfolio with one of the most popular precious metals. More: 4 ways to earn big returns outside the stock market. 13. 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. These areas are active, scenic, and rich . This suburban beach town is best known for its . Theres still a lot of areas in Hyannis that are very affordable, says Jeanette Neeven, a Realtor with Century 21 Cobb Real Estate. 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. For many, the ultimate retirement goal involves uncomplicated days when the toughest decision involves when to visit the beach. The laid-back city boasts a restaurant- and shop-lined Main Street, which spills out to a nice pier and beach. You could also be saving $1,000 a year or more by choosing the right home insurance policy online. Redeem your points for cash or gift cards. 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. Boasting 10+ miles of pristine beaches with temperate weather year . Have a question? Best East Coast beach towns. There are lots of great golf courses too, and plenty of fresh seafood to enjoy in area restaurants. There are 5.42 medical centers per 1,000 residents. 1. Especially attractive to avid golfers, Myrtle Beach boasts 85 golf courses. Turning your retirementinto a reality takes money. Canton, Georgia. 2 . 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. 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. Eugene, Oregon. You, too, can be the Prince of Bel Air the one closer to the Atlantic than the Pacific, that is. 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. We are compensated for referring traffic and business to Amazon and other companies linked to on this site. 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! 1. 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. Ithaca, New York. 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. If you're interested in retiring near the ocean without the humidity of a tropical . 2. 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. 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.. 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. 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. Spending your retirement on the beach can be a dream come true. Beaches. With pent-up demand, labor shortages and surging prices, summer travel wont be a bargain this year. Johnson // Shutterstock #100. Check out the local parks, like Wilson Point and Kingston Point, and eateries such as Vinces Crab House and Carsons Creekside. It probably won't come as a surprise to hear that Florida does exceptionally well in the retirement rankings across the board. When looking for a beach town in South Carolina to relocate to, set your sights on Folly Beach. . Ogunquit is said to have the prettiest . To hit the soft sand of beautiful Atlantic Beach, locals have to drive about seven minutes across the bridge. Boasting a population of roughly 17,000 people and a median household income of $58,713, this town still offers affordable housing. Flickr Evangelio Gonzalez. 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 . Many of the retired residents of Hyannis move into their former summer homes, but there are still plenty of boomers relocating to the area. If you can telecommute or work remotely, you can easily access towns and cities that might have seemed impossible dreams. Average Annual Salary: $52,970. 11 Best East Coast Beach Towns. Foodies can dine at some fantastic seafood and steak spots and outdoor activities range from bird watching to ziplining. It probably won't come as a surprise to hear that Florida does exceptionally well in the retirement rankings across the board. Outdoor living that keeps the bugs out can be a great addition to your home, but it may cost more than you think. Photograph: Shutterstock. The tax burden in Cumming is on the high side, though, at 18%. The Most Affordable Places to Live on the East Coast. The city is home to the Bill Baggs Cape Florida State Park, where residents can view a lighthouse built in 1825. Youll cough up around $1,925 in property taxes each year and $739 in monthly housing costs. The stunning Olympic National Park, with its lush green forests, hot springs and glacier-capped mountains, lies nearby as well. With that in mind, here are the top 10 best places to retire on the East Coast. Little Shell Beach - Calm beach with smaller shells. Thanks to the rise of work from home systems and software like Zoom, more people are finding they can work remotely. It is also close to both Philadelphia and Baltimore, so both cities amenities and recreational opportunities are within easy reach. 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 . 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. 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. Consider digging deeper into one state to find where you want to retire. 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. Hendersonville comes in sixth on this list with 7.8 medical centers per 1,000 residents. Finding a qualified financial advisor doesnt have to be hard. 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. It's a popular Michigan summer vacation spot . New Smyrna Beach was the center of intense real estate speculation during the 1920 . It is built on high ground between two harbors overlooking . Or perhaps youre planning a big move and want to relocate permanently. Plus, theres almost seven rooms per house on average, so youll have lots of space. Beach vacations can be expensive, but luckily, a retiree in Ormond Beach doesnt have to drain their savings for a more permanent stay. Placencia: An Irresistible Beach Community. The median home value in the city is $153,000 and youll pay about $1,220 in property taxes each year and $723 in housing costs every month. This Gulf Coast city features some glorious nature trails and lagoons and wetlands. 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. No wonder its a favored destination for older Americans eyeing the golden expanse of work-free years ahead of them. 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. Kick off your flip flops and you can walk for miles along the wide sand beach. The median annual property tax sits at $2,573 and youll pay around $1,216 in housing costs each month. 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. 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 it's also the second-best place to retire in the country. A range of sand and surf that stretches from Maine to Florida. 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. and We've ordered each town from most to least populous to help you find your perfect slice of paradise. A number of factors went into determining the best places to retire on the East Coast. There is the Ocean Springs Art Association, which represents over 300 local artists, and the largest fine arts festival in Mississippi, the Peter Anderson Arts & Crafts Festival. However, unemployment is high, so this may be a better bet for those who can work remotely. With fewer than 100 residents, Round Top is the tiniest of the small art towns. Myrtle Beach boasts 60 miles of golden coastline, celebrity-designed golf courses and decadent seafood restaurants. #29. Median Home Price: $333,741. New Castle is tied with the other Delaware cities on this list for the lowest tax burden at 11%. Many of them seek out single-story homes with attached garages right around the golf course, marina, and beaches. Use these cleaning tips to get rid of dust buildup and improve the air quality in your home. The content provided on Moneywise is information to help users become financially literate. A financial advisor can help you create a financial plan to pay for your East Coast retirement dream. Hoi An has mountainous surrounds on one side and some of the most beautiful, undisturbed pieces . Nestled between Pensacola and Panama City, Fort Walton Beach includes some of the best deep sea fishing charters in the nation. 11 . And its not just pretty to look at Hobe Sounds median home value is just $206,300. 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. Hoi An, Vietnam. This quaint coastal town lies east of Bay St. Louis and it is known\ for its arts and festivals. Thats towards the bottom of this list, but its still a decent portion of older people if you thats important to you. You can save on auto insurance as part of your retirement plan as well by comparing rates online. Looking to buy a home in Virginia? Please be aware that some (or all) products and services linked in this article are from our sponsors. 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. Theres still a chance to grab a relatively affordable property here and relocate to this subtropical city with its miles of azure coastline. The last price GOBankingRates measured was monthly healthcare cost, which averaged $415. 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. Looking to buy a home in California? The median home value in Freeport is a mere $81,100 and youll pay just around $479 in monthly housing costs. Whether seeking history, solitude, or a vibrant nightlife, the East Coast has got it all in the unique little towns speckling its pristine shorelines. 7. Fort Pierce, located on the Indian River Lagoon, is known for its excellent fishing and beautiful beaches. 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 median home value in Hampton is just $186,700 and youll pay around $1,989 in property taxes each year and $1,255 in housing costs every month. 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. Florida, Georgia, and South Carolina boast beachfront towns with well-priced properties and a high livability score. 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. 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. Key Biscayne, an island off the coast of Miami, is a great place to explore the Atlantic Ocean. While the town of Osage Beach has only 5,000 residents, there is a variety of restaurants, bars, and parks that attract visitors every summer. 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. With characteristics that appeal to both your lively and laid-back sides, there's a place to call home on this list for any and every beach-bound retiree. A famous tourist destination that attracts millions to its beaches and golf courses, Myrtle Beach is one of the fastest-growing cities in the US. Just bear in mind that as a resident you will have to contend with crowds of tourists, especially in the summer. 2022 1-bedroom rent: $1,266.29. Consider Hobe Sounds gorgeous sandy beaches, green parks and abundant golf courses if youre settling down in the Sunshine State for your retirement. 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. Our next dilemma: Is Seaside or Cannon Beach better? You wont need to splurge on your new digs, however. If you need to break or get out of a lease, this is what you need to know. The median home value in the city is $182,800 and youll pay around $1,291 in property taxes each year and $940 in housing costs every month. The New Castle Historic District has a number of historic buildings, including an arsenal built in 1809 in preparation for the War of 1812. Talk to a financial adviser for even more help with stretching those retirement dollars. This charming Old Florida town features brick-paved streets, colorful cottages and old oaks, with independently-owned shops and boutiques. Cocoa Beach. If you're wondering where to retire along Florida's east coast, consider cities like Jacksonville, Daytona Beach, Port St. Lucie, or Boynton Beach. Fernandina Beach- Distance to the coast 0 miles. And youll pay around $1,009 in annual property taxes and $455 in monthly housing costs. 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. According to United Van Lines National Movers Study, in 2018, 39% of the retirees they moved had their GPS systems locked on to Florida. With its bustling main street, John F. Kennedy Hyannis Museum, and world-renowned Cape Cod Hospital, Hyannis is basically the hub of the Cape. The average single-family home here costs less than $200,000, one reason Liveability.com ranked Bismarck among its top 10 places to retire in 2017. Retirees can take the grandkids on whale watching tours or picnic at one of the many parks or the beach. The citys Memorial Hospital, which offers senior services, is within easy reach. The median household income in Swansboro is $48,922. But while many beach communities are cost-prohibitive, a surprising number are within reach for those who aren't millionaires. Seniors age 65 and over make up 18% of the population. Photo Credit: Julie McCool. Vietnam offers one of the lowest costs of living in the world. 3. The median household income in Swansboro is $48,922. Bel Air contains one of Marylands Arts and Entertainment districts, where concerts are frequently held. Where is the best place on the East Coast to retire? 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. Beaufort, North Carolina. Several wonderful beaches spring to mind, with Seaside and Cannon Beach foremost for me. Great Neck, New York. 1 / 100. Metro Population: 6,129,858. 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. From the various multicultural neighborhoods and their attendant restaurants to the Barclays Center in Brooklyn for sports and concerts, entertainment is not far from New Hyde Park. Living out your golden years in this city wont cost you much, when the median monthly housing cost is only $981. Dont miss the National Naval Aviation Museum, the worlds biggest naval aviation museum, which houses over 150 restored aircrafts. At HGTV we've researched some of the best and most affordable beach towns in the U.S. Seals actually do galumph around on the shore. There are many long white beaches, some quite hidden and far from the crowds of the boardwalks and the main beaches. There's a lot to love about metal roofs, but they're not for everyone. . Unique View: The quintessential fishing village of Cape Porpoise, Maine. Whitecap Beach - Scenic beach in Texas with sizable waves. . Exeter is also tied for fourth in terms of recreation centers per 1,000 residents with 0.43. Okaloosa Island, with its fine white sand beaches and glittering green waters, is mere minutes away. The national average commute is 26.9 minutes. Narberth, Pennsylvania . If youre wondering whether you should pick Hawaii or Florida, our guide should help you decide. Dont miss the massive limestone rock formations at Blowing Rocks Preserve, which is also home to loggerhead, green and leatherback sea turtles. #11. 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. The artsy, quintessentially Southern Mississippi Gulf Coast leads the nation in affordable coastal cities, with four places landing in . This South Florida town lets you experience everything from cable skiing to swimming and its award-winning "Blue Wave" beach is recognized for its excellent water quality, beach conditions, safety services and habitat conservation. Whether you prefer white sand beaches or majestic mountain ranges, read on to discover the best places to retire on the east coast. Round Island Park is one of the famous public beaches to spot the manatees in Indian River County. As an extra perk, Seafords annual Christmas Parade is the biggest on the Delmarva Peninsula. Pensacola is Floridas most affordable beach city and its a beautiful place to retire, with idyllic white sand beaches, rivers, bayous and bays. 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. . The median house price listing is $235k, but there are small gems to be found in this delightful town. Is Maui water safe to drink? Jacksonville, FL. 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. Consider cost of living and your love of the outdoors if you're thinking about a move to Seattle. Shocker, right? And it turns out, they share some common features that are particularly attractive for folks who are no longer congregating by the water cooler.

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