Pensacola is Floridas most affordable beach city and its a beautiful place to retire, with idyllic white sand beaches, rivers, bayous and bays. In minutes, you can connect with a local or remote advisor and get a free initial consultation. Outdoor living that keeps the bugs out can be a great addition to your home, but it may cost more than you think. The cost of living in Savannah is 12.1 percent less than the national average with the average home value at $134,600. It also has the fourth-fewest medical centers per 1,000 residents, though 7.27 medical centers per 1,000 residents is still not a bad number overall. We adhere to strict standards of editorial integrity to help you make decisions with confidence. The city also houses the Addison Blockhouse Historic State Park, where you can see an 18th-century plantation. 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. If you need to break or get out of a lease, this is what you need to know. That tax rate is the fifth highest on this list. There are many groceries and other amenities available and coffee shops, restaurants, and cultural activities. For bird watching opportunities, head to the Freeport Wetlands Trail & Bird Observatory, and go hit the links at the Freeport Golf Course. #29. 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. Seniors age 65 and over make up 21% of the towns population. America's gold stockpile has fueled curiosity and conspiracy theories. Bethany Beach, Delaware. There are lots of great golf courses too, and plenty of fresh seafood to enjoy in area restaurants. Consider Hobe Sounds gorgeous sandy beaches, green parks and abundant golf courses if youre settling down in the Sunshine State for your retirement. In Essex, the median home value is just $191,400 compared to the states median home value of $370,300, according to Zillow. It overtook 2020's winner Gulfport, a Magnolia State neighbor located approximately 13 miles west. Living out your golden years in this city wont cost you much, when the median monthly housing cost is only $981. It does have the third highest tax burden at 18.4%, though. 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. Its also near Lake Lanier, a reservoir where you can boat, swim and enjoy the beach. Its an amazing retirement destination with its white sand beaches, casino resorts, championship golf courses and museums and historic sites. 11 . So many beaches. 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 area is $216,100 and youll pay around $848 in yearly property taxes and $912 in monthly housing costs. Please be aware that some (or all) products and services linked in this article are from our sponsors. Plus, theres almost seven rooms per house on average, so youll have lots of space. 2) Key Biscayne Florida. 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. (Getty . And it turns out, they share some common features that are particularly attractive for folks who are no longer congregating by the water cooler. 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. Springfield, Massachusetts. The median household income in Swansboro is $48,922. If you know you want to settle somewhere near the Atlantic but arent quite sure where, this guide will walk you through the best places to retire on the East Coast. 1. Several wonderful beaches spring to mind, with Seaside and Cannon Beach foremost for me. This two-bedroom condo is listed at just under $200,000 in a high-rise with bay and ocean views. It probably won't come as a surprise to hear that Florida does exceptionally well in the retirement rankings across the board. In fact, the Sunshine States shorelines arent the only coastal ZIP codes attracting boomersplenty of folks dont want to live in what feels like a steam room six months out of the year, or they may want to be closer to friends and family elsewhere in the country. Kiawah Island, South Carolina. Shocker, right? 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 . Seaside, Read More Is Seaside Or Cannon Beach Better?Continue, Coastal cities often paint a picture of beautiful people, sunshine, and great food. Big Shell Beach - Great for seashell picking and photo ops, not for sunbathing. Flickr JR P. Darien is one of the premier coastal towns in Georgia. Dont miss the massive limestone rock formations at Blowing Rocks Preserve, which is also home to loggerhead, green and leatherback sea turtles. Atlantic Beach, Florida. Hendersonville comes in sixth on this list with 7.8 medical centers per 1,000 residents. Buying rental units can be pretty simple. In Alabamas Gulf Shores, you can indulge and relax and even partake in an adventure or two. The average is $399.14, while Las Vegas and Reno, Nevada, lead the way at $421.31. Or go swimming at Sunset Beach and Fred Howard Park. 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. The Maya mountains provide a gorgeous backdrop for the tranquil lagoon. Its stunning beaches, lush tropical forests, and majestic mountains make it easy to see why Maui is such a popular destination. Springfield residents benefit from plenty of high-quality health care options within driving distance. 7. This college town is home to the University of Oregon, which has the largest library in the . Total monthly expenditures: $2,073.51. 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. 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. 13. When looking for a beach town in South Carolina to relocate to, set your sights on Folly Beach. You may be able to repair drywall yourself. As a retirement town, Lewes has lots of draws, including no sales tax and the third lowest real estate tax area in the country. Youll find several delicious eateries such as Simply Seafood Market & Oyster Bar for scallops and shrimps and PoFolks if youre in the mood for some homestyle American comfort food, as well as your regular fast food joints. Foodies can dine at some fantastic seafood and steak spots and outdoor activities range from bird watching to ziplining. While beachfront properties are premium, the median house price listing for Myrtle Beach is $250k, while the median household income is $43,200. Miami. Just bear in mind that as a resident you will have to contend with crowds of tourists, especially in the summer. Theres still a lot of areas in Hyannis that are very affordable, says Jeanette Neeven, a Realtor with Century 21 Cobb Real Estate. Real Estate. 1. The laid-back city boasts a restaurant- and shop-lined Main Street, which spills out to a nice pier and beach. Median home list price: $145,050. Its a popular gay retirement community, says Russell Stucki, real estate associate at Re/Max Realty Group. 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. Theres a reason you always walk out with a receipt the length of your arm. 3. The city is home to the Bill Baggs Cape Florida State Park, where residents can view a lighthouse built in 1825. Located in western Massachusetts, Springfield is roughly 60 miles from the coast via Connecticut. 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. Beaufort, North Carolina, one of the Southeast's oldest and most charming beach towns, is at the southern tip of North Carolina's Crystal Coast. 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. The small towns on this list are some of the greatest beach towns on the East Coast. The city's median home value is just $173,900 versus $262,900 in . Americas East Coast can be expensive; however, there are still cities where the property prices are lower. It has a load of live oaks across the Island, yet walking distance to the beach or intracoastal waterway. Are your retirement savings on track? Thats not all. #46. The median annual property tax sits at $2,573 and youll pay around $1,216 in housing costs each month. Looking to buy a home in Virginia? A housing bubble burst isnt imminent, but here are the factors to keep an eye on. The Harbor City features some delightful art galleries, golf courses, fishing piers, upscale dining, boutiques and beaches. Best places to retire in America. . 2. The median annual property taxes add up to $1,267. Williamstown, Massachusetts . Ah, Florida: warm weather, beaches, and no state income tax. Average Retirement Savings: How Do You Compare? . The beaches are long strands of white sand, offering perfect coastal views. 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 has got a population of over 13,000 people, a third of whom are above the age of 65. And explore the scenic trails at the Clam Bayou Nature Park. Seniors age 65 and over make up 18% of the population. Spending your retirement on the beach can be a dream come true. You may find yourself wondering, though, where exactly you want to spend your golden years. Biloxi, which sits right next to Gulfport, is Americas most affordable beach city, according to SmartAsset. Beautiful walks whichever way you go and.. View nearby homes. Cape Coral, Fla. Cape Coral, Florida is a relaxed town just north of Fort Myers along the Caloosahatchee River and the Gulf of Mexico. The median home value in Freeport is a mere $81,100 and youll pay just around $479 in monthly housing costs. Finding a qualified financial advisor doesnt have to be hard. Pronounced "Bowfort" (not "Bewfert" like its South Carolina namesake), this colonial-era village embraces its pirate history. Melbourne is situated just southeast of Orlandos massive, family-friendly theme parks, but it could be better suited to an older homeowner. 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. 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. Hilton Head Island, known for its beaches and golf courses, is a great place to retire. Many locals also take whale watching tours by boat, view masterpieces at Coos Art Museum, swing a 9-iron, or watch the pros play golf at the Bandon Dunes Resort, home to the Curtis Cup. J.A. 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. It's one of the most affordable cities on the East Coast with a high livability rating. A move to the East Coast may bring you closer to family, give you access to the right job or simply fit the vibe you're looking for. For many, the ultimate retirement goal involves uncomplicated days when the toughest decision involves when to visit the beach. and We've ordered each town from most to least populous to help you find your perfect slice of paradise.
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