best east coast beach towns to retire

With pent-up demand, labor shortages and surging prices, summer travel wont be a bargain this year. These are the top 25 cities for . 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. 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. 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. New Castle is third in terms of retirement communities with 3.72 per 1,000 residents. Best alternative to Kiawah Island. 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.. Next: 10. There are many groceries and other amenities available and coffee shops, restaurants, and cultural activities. Biloxi, which sits right next to Gulfport, is Americas most affordable beach city, according to SmartAsset. Many of them seek out single-story homes with attached garages right around the golf course, marina, and beaches. 2. 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 a popular Michigan summer vacation spot . The town was historically a bustling port town, with steamboats traveling . Portland, Maine. Tuckpointing can give your brick walls or chimney a facelift while helping to ensure the structural integrity of your home. The median rent is $998. Springfield residents benefit from plenty of high-quality health care options within driving . Consider Hobe Sounds gorgeous sandy beaches, green parks and abundant golf courses if youre settling down in the Sunshine State for your retirement. Gulfport is one of Mississippis biggest cities, so you wont lack for amenities. Here's a look at the Best Places to Retire in 2022-2023. 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 . The median home value in Fort Walton is $185,900, while annual property taxes will cost you around $1,366 and monthly housing costs amount to about $1,049. It has a load of live oaks across the Island, yet walking distance to the beach or intracoastal waterway. Little Shell Beach - Calm beach with smaller shells. You should factor in the average cost of living in that state or area and how that fits your lifestyle and budget. Deerfield Beach sits on the southeastern Florida coast and boasts an award . 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. This Delaware town is tied for the lowest tax burden on this list at 11%. 10. The average of the cities on our list is $1,066 per month. 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. You can save on auto insurance as part of your retirement plan as well by comparing rates online. Consider digging deeper into one state to find where you want to retire. Lewes and nearby Rehoboth Beach have become one of the hottest LGBTQ retirement destinations on the East Coast. It overtook 2020's winner Gulfport, a Magnolia State neighbor located approximately 13 miles west. Or perhaps youre planning a big move and want to relocate permanently. 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. Are your retirement savings on track? 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. Here, we've collected 15 of the cheapest beach towns to live in throughout the U.S., based on median home values under $300K. Eugene, Oregon. Vietnam offers one of the lowest costs of living in the world. We adhere to strict standards of editorial integrity to help you make decisions with confidence. . And the town you choose to make your home has to suit you and your family. The average is $399.14, while Las Vegas and Reno, Nevada, lead the way at $421.31. Im going to run through several options of affordable East Coast towns. All investing involves risk, including loss of principal. How Much Do I Need to Save for Retirement? 10. Talk to a financial adviser for even more help with stretching those retirement dollars. Fintech company SmartAsset compared data for 218 beach towns and put together a list of the most affordable 50. 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. That means you can expect to be surrounded by people of a variety of ages if you retire here. The median annual property taxes add up to $1,267. 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. Valletta is the tiny capital city of Malta, a country composed of three islands in the Mediterranean Sea about 60 miles south of Sicily. The last price GOBankingRates measured was monthly healthcare cost, which averaged $415. Ask our Retirement expert. Here's a list of real estate firms worth checking out. A financial advisor can help you create a financial plan for your retirement goals. Upload a picture of your shopping receipts to the free Fetch app, and start earning points today. Real Estate. There are no guarantees that working with an adviser will yield positive returns. Dont miss the massive limestone rock formations at Blowing Rocks Preserve, which is also home to loggerhead, green and leatherback sea turtles. The University of Delaware is in town, though, so there are college sports and on-campus theater and music to keep you busy. #29. Sarasota, Florida. Elevation 25. Ready to take a long stroll down the list together? 3 . This college town is home to the University of Oregon, which has the largest library in the . 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. At extreme high tides or after winter storms, the water pushes up to to 50 feet in the air. Great golf courses, medical facilities, beaches, state parks, and places to fish, kayak, and hike lure retirees from across the country. 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. Photograph: Shutterstock. Not only are there East Coast cities where living is affordable, but the new move toward working from home also makes changing cities while keeping your job more accessible than ever before. We list the top 25, ranked from least to most affordable. 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. Plus, theres almost seven rooms per house on average, so youll have lots of space. As an extra perk, Seafords annual Christmas Parade is the biggest on the Delmarva Peninsula. Get personalized advice from a financial advisor that understands your needs. Often named one the best coastal towns in Maine, Kennebunkport has it all. "It's a popular gay retirement . Narberth, Pennsylvania . Okaloosa Island, with its fine white sand beaches and glittering green waters, is mere minutes away. 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. Fairfax lands in third with 2.91 retirement communities per 1,000 residents. Total monthly expenditures: $2,073.51. Placencia is a haven for beach connoisseurs. Just south of Sarasota, quiet and charming Venice is the ideal retirement spot for those looking for a slower pace of life. Its white sandy beaches and crystal blue water combined with the Island's historic charm make it one of the top small beach towns in . We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. Cocoa Beach. If you want to retire to coastal Georgia, Tybee Island is an ideal spot. 86 / 100. If you have never been to this area it truly is beautiful. The Bay Area Hospital treats patients of all ages, including geriatric medicine and services for the elderly and disabled. . Myrtle Beach boasts 60 miles of golden coastline, celebrity-designed golf courses and decadent seafood restaurants. While beachfront properties are premium, the median house price listing for Myrtle Beach is $250k, while the median household income is $43,200. 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. Cumming leads this list with 32.93 medical centers per 1,000 residents, so youll always be able to find top-quality care if you need it. Looking to buy a home in Florida? This Gulf Coast city features some glorious nature trails and lagoons and wetlands. Morehead City has enough nautical attractions to make die-hard boaters keel over. The laid-back city boasts a restaurant- and shop-lined Main Street, which spills out to a nice pier and beach. 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. 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. 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. I have been drawn to the ocean and the coastal lifestyle my whole life. 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. Retirement is the time in your life when you can finally forget the stress of work and just relax. See which metro areas on the Eastern Seaboard offer the most for residents. To learn where the best cities to retire or live in Florida to be the safest from hurricanes, . Year-round homes start around $350,000 and reach nearly $4 million. 1. The median home value in Freeport is a mere $81,100 and youll pay just around $479 in monthly housing costs. 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 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. 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. Tax burden is also important, especially for older people living on a fixed income or off of retirement savings, so we looked at the overall tax burden in 2018. It's also great for retirees, with lots of recreation areas and a high ratio of doctors' offices to people. So, are, Read More Are Coastal Cities Warmer?Continue. 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. The median home value is $382,900 in Chapel Hill and $229,900 in Durham. The town also leads this list with 1.79 recreation centers and 8.59 retirement communities per 1,000 residents. This two-bedroom condo is listed at just under $200,000 in a high-rise with bay and ocean views. It is also close to both Philadelphia and Baltimore, so both cities amenities and recreational opportunities are within easy reach. 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. Bel Air contains one of Marylands Arts and Entertainment districts, where concerts are frequently held. This suburban beach town is best known for its . Its home to lots of shopping, plenty of restaurants, nice golf courses, a great sailing scene, and beautiful beaches. These spots are livable, picturesque, and inviting. 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. 50 best beach towns to live in. Darien, Georgia. 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. If small and quaint is not your style, Jacksonville, with its vast area and large population, might be more your pace. 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. Check out the local parks, like Wilson Point and Kingston Point, and eateries such as Vinces Crab House and Carsons Creekside. Hilton Head Island, South Carolina. 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. Biloxi, Mississippi, ranks at the top of our list as the most affordable beach town in America. Few towns are as charming as Fairhope, and its relaxed, welcoming atmosphere makes retirees feel right at home. Visits to the town's bookstore, ice cream shop, bakery, and cafes make it easy to meet your neighbors and feel like a local. New Castle is tied with the other Delaware cities on this list for the lowest tax burden at 11%. It also boasts a strong health care system, numerous golf courses, and a stunning sculpture park and wildlife preserve, Brookgreen Gardens, hailed as one of the Top 10 Gardens in the United States by TripAdvisor. The median home value in the city is $122,300 and youll pay around $1,069 in annual property taxes. There are many long white beaches, some quite hidden and far from the crowds of the boardwalks and the main beaches. Finding the most affordable city or town for a beach home on the East Coast is down to more than just property prices, so its impossible to pick a single One-Size-Fits-All Town. Located in western Massachusetts, Springfield is roughly 60 miles from the coast via Connecticut. Hendersonville comes in sixth on this list with 7.8 medical centers per 1,000 residents. On the shores of Lake Cayuga, the area has waterfalls and gorges galore. 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. The beaches are long strands of white sand, offering perfect coastal views. 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. Times have changed drastically in 2020 and 2021, but it neednt all be bad. Chances are you already know the country's most famous beach destinations . Long Beach, NY. Atlantic City, New Jersey. 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. With a dedicated police department, Cannon, Read More What Is The Safest Beach In Oregon?Continue, The advent of Spring is a great time to plan a beach holiday somewhere, and if you havent already got plans, why not consider the magnificent coastline of our own Oregon? 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.. Monthly grocery costs also show a wide range. Boasting a population of roughly 17,000 people and a median household income of $58,713, this town still offers affordable housing. Single-family homes on the water start in the high $300,000s to low $400,000 range, such as this four-bedroom on 2.31 acres listed at $410,000 or this three-bedroom on the market for $399,000. Williamstown, Massachusetts . 1. Jacksonville offers all the big city comforts and cultural entertainment, a growing craft beer scene, and the most extensive urban park system in the US, as well as coastal zones. It prides itself on being a laid back coastal community, free of crowds and pollution. The median house price listing is $235k, but there are small gems to be found in this delightful town. In minutes, you can connect with a local or remote advisor and get a free initial consultation. Live everyday like youre on vacation in Dunedin. Middle River is also home to aerospace giant Lockheed Martin. 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. Seabrook Island, South Carolina. The city's median home value is just $173,900 versus $262,900 in . 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. Seniors age 65 and over make up 21% of the towns population. National parks, preserves and wildlife refuges are all plentiful . Fairfax, located in Northern Virginia, is an independent city within the larger Fairfax County. Myrtle Beach is a popular vacation destination but its also pretty affordable to live in on a permanent basis. 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. The current median house listing price is $210k. The final city on our list of the best places to retire on the East Coast is another Delaware locale, New Castle. 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. With its bustling main street, John F. Kennedy Hyannis Museum, and world-renowned Cape Cod Hospital, Hyannis is basically the hub of the Cape. 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. 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. Theres an outlet shopping center and a casino. While low for this list, thats not a bad number overall. So many beaches. 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. Ithaca is a small picturesque town in the upstate New York Finger Lakes region. It only takes 3 minutes to connect with an advisor who puts you first. A housing bubble burst isnt imminent, but here are the factors to keep an eye on. 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. This coastal city includes over seven miles of white sandy beaches and offers plenty of leisure activities and facilities for seniors. Spending your retirement on the beach can be a dream come true. Cape Coral was named one of the top 25 places to retire by . Cast a line at the International Fishing Pier, explore the trails around the Deerfield Island Park and taste fresh salmon and scallops at one of the high-end oceanfront restaurants. The River City by the Sea has a network of waterways and canals, as well as long stretches of stunning coastline. It is home to Floridas number one state park, Honeymoon Island, which boasts emerald green waters and pristine white beaches. We are compensated for referring traffic and business to Amazon and other companies linked to on this site. 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. You might even catch a glimpse of a dolphin or sea turtle, or catch some Spanish mackerel along the fishing pier.

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