best east coast beach towns to retire

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. Pensacola is Floridas most affordable beach city and its a beautiful place to retire, with idyllic white sand beaches, rivers, bayous and bays. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. The River City by the Sea has a network of waterways and canals, as well as long stretches of stunning coastline. Go swing dancing at the Casino Ballroom and fishing at the Bert and Walter Williams Pier. 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. The former fishing village is bordered by a beautiful marsh shoreline and dotted with wooded areas. In any case, let us discuss some of the best beach towns for retirement in Florida. 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. Living out your golden years in this city wont cost you much, when the median monthly housing cost is only $981. Median home list price: $145,050. Despite the Crisis, Homeowners Remodel to Ride Out Pandemic in Comfort, How the Coronavirus Is Changing Some Boomers' Real Estate Plans for the Better. As an extra perk, Seafords annual Christmas Parade is the biggest on the Delmarva Peninsula. It's also great for retirees, with lots of recreation areas and a high ratio of doctors' offices to people. Which Is Nicer, Huntington Beach Or Newport Beach? Looking to buy a home in California? 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. 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. Its also the medical center for the south coast region, according to the city website. Live everyday like youre at a summer resort at Ormond Beach in Florida and enjoy clear blue waters and peachy orange sands. If you're interested in retiring near the ocean without the humidity of a tropical . Learn how to handle home improvement projects in a way that protects both your home and your bottom line. The tax burden in Exeter is low at just 11.3%. 3. 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. The median home value is $168,600, property taxes will cost you around $1,567 each year and housing expenses come to about $870 a month. For a retiree, the city also offers some great dining experiences and outdoor activities like hiking and golfing, and it doesnt cost that much to reside there. The Maya mountains provide a gorgeous backdrop for the tranquil lagoon. This two-bedroom condo is listed at just under $200,000 in a high-rise with bay and ocean views. But while many beach communities are cost-prohibitive, a surprising number are within reach for those who aren't millionaires. One of the best parts of vacation is feeling like you're getting away - from your work, regular life -and slowing down for some days of relaxation. Part of Mississippi's "Secret Coast," Ocean Springs is a beach town that features white, soft sand and a vibrant downtown, packed with boutiques, music and great restaurants. Biloxi, Mississippi, ranks at the top of our list as the most affordable beach town in America. Seniors age 65 and over make up 18% of the population. If you have never been to this area it truly is beautiful. Home security experts say simple fixes can up your safety quotient. If youre wondering whether you should pick Hawaii or Florida, our guide should help you decide. Flickr JR P. Darien is one of the premier coastal towns in Georgia. 3 . 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. Join here. In the downtown area, youll discover some lovely early-1900 buildings and exhibits at the Historical Museum. 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. 10 Southern Cities to Make Early Retirement Dreams a Reality, 18 Perfect Fall Girlfriend Getaways To Plan Immediately, The Best Southern Mountain Towns for Retirement, The Prettiest Beach Town in Every Beachy State. Healthcare is obviously very important to seniors, so we considered the number of medical centers per 1,000 residents in each city. We are compensated for referring traffic and business to Amazon and other companies linked to on this site. Few towns are as charming as Fairhope, and its relaxed, welcoming atmosphere makes retirees feel right at home. 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. Located in western Massachusetts, Springfield is roughly 60 miles from the coast via Connecticut. It has a load of live oaks across the Island, yet walking distance to the beach or intracoastal waterway. 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. And its not just pretty to look at Hobe Sounds median home value is just $206,300. Check out these laundry room organization ideas and make washing clothes easier. Myrtle Beach, SC, is one of the nation's most affordable beach towns. The town itself has a tax burden of 18.90%, the second highest on this list. Is Maui water safe to drink? Placencia is a haven for beach connoisseurs. These are the top 25 cities for . Big Shell Beach - Great for seashell picking and photo ops, not for sunbathing. Just an hour away from the bustling Big Apple lies Long Beach, New York. 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 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. Thanks to the rise of work from home systems and software like Zoom, more people are finding they can work remotely. Shocker, right? While beachfront properties are premium, the median house price listing for Myrtle Beach is $250k, while the median household income is $43,200. It has got a population of over 13,000 people, a third of whom are above the age of 65. Narberth, Pennsylvania . 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. Ocean Springs, Mississippi. 13. Dont forget to compare health insurance rates to find an affordable policy that gives you great coverage as part of your retirement plan. 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. 11 Best East Coast Beach Towns. The median home value in the city is $122,300 and youll pay around $1,069 in annual property taxes. 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. Cocoa Beach is located just south of the Cape Canaveral Air Force Station, and is a favorite surfing destination. Seals actually do galumph around on the shore. Leisure World, a gated retirement community located just 12 minutes from the sands of Seal Beach, offers some serious deals. 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. New Castle is tied with the other Delaware cities on this list for the lowest tax burden at 11%. The median rent is $998. 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. 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 . Nestled between Pensacola and Panama City, Fort Walton Beach includes some of the best deep sea fishing charters in the nation. Next: 25. The median income for a family in Atlantic City is $29,232, with a median house listing price of $179.9k. Fintech company SmartAsset compared data for 218 beach towns and put together a list of the most affordable 50. Valletta is the tiny capital city of Malta, a country composed of three islands in the Mediterranean Sea about 60 miles south of Sicily. I have been drawn to the ocean and the coastal lifestyle my whole life. Theres a reason you always walk out with a receipt the length of your arm. With a presale inspection, a home inspector will visit your property before you put it on the market. Ithaca, New York. So, are, Read More Are Coastal Cities Warmer?Continue. Newark also has the third-lowest number of recreation centers per 1,000 residents with 0.12. The welcoming atmosphere and colorful boutique-lined downtown are draws for seniors, who make up more than a quarter of the town's population. Several wonderful beaches spring to mind, with Seaside and Cannon Beach foremost for me. With that in mind, here are the top 10 best places to retire on the East Coast. Here's how to do it and how much it costs. Here's a list of real estate firms to consider working with. The 14 states that make up the East Coast of the U.S. offer up a wide range of climates . 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. 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.