You could also be saving $1,000 a year or more by choosing the right home insurance policy online. Looking to buy a home in Virginia? You can save on auto insurance as part of your retirement plan as well by comparing rates online. 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. 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. Youll find plenty of recreational activities to do outside in Port Angeles. 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. 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. If youre considering a retirement in any of these places, you should start planning now. The median annual property taxes add up to $1,267. The city incorporates the city of Coronado Beach. You wont need to splurge on your new digs, however. 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. Oak Island is a nice quiet area to retire in. If you want a town with people of diverse ages, though, New Hyde Park might fit the bill. The towns senior population (age 65 and over) 32% of the population. The 25 Best Beaches in America, According to You! There are lots of great golf courses too, and plenty of fresh seafood to enjoy in area restaurants. Fairfax is close to Washington, D.C. and the myriad cultural options that our nations capital has to offer, including the Kennedy Center, the Smithsonian museums and the National Mall. 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. Stroll down the boardwalk for more entertainment options and shopping. Great Neck, New York. Fort Pierce, located on the Indian River Lagoon, is known for its excellent fishing and beautiful beaches. And locals are willing to fork over that kind of money for a reason. It has got a population of over 13,000 people, a third of whom are above the age of 65. You can go fishing for speckled trout and flounder at Sabine Lake and keep a look out for warblers and thrushes at Sabine Woods. Theres an outlet shopping center and a casino. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. The Most Affordable Places to Live on the East Coast. She writes about food, travel, and real estate for Zagat, FoodNetwork.com, BBC Travel, and more. Pensacola, Florida. 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 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. Hendersonville comes in sixth on this list with 7.8 medical centers per 1,000 residents. Melbourne is situated just southeast of Orlandos massive, family-friendly theme parks, but it could be better suited to an older homeowner. The median monthly housing expenses come to $853. The median home value is $382,900 in Chapel Hill and $229,900 in Durham. There are 5.42 medical centers per 1,000 residents. Year-round homes start around $350,000 and reach nearly $4 million. The cost of living in Savannah is 12.1 percent less than the national average with the average home value at $134,600. Living in a tiny house may sound like a great way to save, but some details require a hefty investment. 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. 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. Thats not all. Consider Hobe Sounds gorgeous sandy beaches, green parks and abundant golf courses if youre settling down in the Sunshine State for your retirement. 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. Photo credit: iStock.com/FatCamera, iStock.com/monkeybusinessimages, iStock.com/FatCamera. Is Maui water safe to drink? 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. . 1 / 100. However, this small seaside town has recreational opportunities and scenic views that far surpass what youd expect from a location that requires such a small budget to live in. Placencia: An Irresistible Beach Community. Bel Air is also clearly popular among older people. Stacker compiled a list of the best places to live on the East Coast using 2022 data from Niche's. . New Castle is third in terms of retirement communities with 3.72 per 1,000 residents. And explore the scenic trails at the Clam Bayou Nature Park. No wonder its a favored destination for older Americans eyeing the golden expanse of work-free years ahead of them. Hilton Head Island, South Carolina. The city features two state parks Tomoka and Bulow Creek which cover thousands of acres and protect various wildlife habitats and species. Jim Barnash is a Certified Financial Planner with more than four decades of experience. Because Cumming is close to Atlanta, you can take advantage of all of the arts and entertainment options the city offers, including professional sports games and museums. Biloxi, Mississippi, ranks at the top of our list as the most affordable beach town in America. The beaches are long strands of white sand, offering perfect coastal views. The 14 states that make up the East Coast of the U.S. offer up a wide range of climates . Placencia is a haven for beach connoisseurs. (opens in new tab) Popular Local Beaches: Beaches at Goose Lake Park, Jewell Lake, Little Campbell . It's home to one of the most relaxed stretches of shore in the area, with a laidback surf feel and a welcoming community, but it also offers access to the city comforts of Charleston, just a 20-minute drive north. Pensacola is Floridas most affordable beach city and its a beautiful place to retire, with idyllic white sand beaches, rivers, bayous and bays. 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. The median income for a family in Atlantic City is $29,232, with a median house listing price of $179.9k. As an extra perk, Seafords annual Christmas Parade is the biggest on the Delmarva Peninsula. The current median house listing price is $210k. The median monthly housing costs amount to $811. Myrtle Beach is a popular vacation destination but its also pretty affordable to live in on a permanent basis. Get personalized advice from a financial advisor that understands your needs. New Smyrna Beach was the center of intense real estate speculation during the 1920 . Deerfield Beach sits on the southeastern Florida coast and boasts an award . Credit. Here's how to do it and how much it costs. You should factor in the average cost of living in that state or area and how that fits your lifestyle and budget. The median household income in Swansboro is $48,922. You, too, can be the Prince of Bel Air the one closer to the Atlantic than the Pacific, that is. 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. Best French Beach Towns. 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. Located in western Massachusetts, Springfield is roughly 60 miles from the coast via Connecticut. Often named one the best coastal towns in Maine, Kennebunkport has it all. Dolphins, birds, and beaches are just some reasons retirees flock to Rehoboth Beach, Delaware. Kyle Valenta October 27, 2017. Jim has run his own advisory firm and taught courses on financial planning at DePaul University and William Rainey Harper Community College. Seniors age 65 and over make up 21% of the towns population. Great Neck also comes in second in terms of retirement communities, with 3.76 per 1,000 residents. Work in that sector is constantly rising with the influx of more than 20 million visitors each year. 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. Welcome to Coastal Dream Life, a website dedicated to helping you achieve your dreams of white sandy beaches and fresh ocean breezes in style. Centrally located on the Chesapeake Bay side of the Eastern Shore, Onancock is an inviting small town that was founded in 1680. Ocean Springs has several arts festivals, many restaurants, and artists studios such as Shearwater Pottery tucked away. The final city on our list of the best places to retire on the East Coast is another Delaware locale, New Castle. 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. Median Home Price: $333,741. For bird watching opportunities, head to the Freeport Wetlands Trail & Bird Observatory, and go hit the links at the Freeport Golf Course. Gulfport is one of Mississippis biggest cities, so you wont lack for amenities. Photo Credit: Julie McCool. It only takes 3 minutes to connect with an advisor who puts you first. Most folks probably dont imagine spending their beachy retirement huddled up under layers of sweaters and blankets, but theyre missing out. 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 . From coast to coast, these 17 best beach towns in the U.S. offer stunning coastal views, laid-back vibes, and more. 25. 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. Fintech company SmartAsset compared data for 218 beach towns and put together a list of the most affordable 50. Best Places 2022-2023 Rank: 117. Go swing dancing at the Casino Ballroom and fishing at the Bert and Walter Williams Pier. 7. Many of them seek out single-story homes with attached garages right around the golf course, marina, and beaches. Tuckpointing can give your brick walls or chimney a facelift while helping to ensure the structural integrity of your home. The city also houses the Addison Blockhouse Historic State Park, where you can see an 18th-century plantation. Our next dilemma: Is Seaside or Cannon Beach better? 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. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. There are currently more than 74 million boomersof which 10,000 per day are hitting age 65, according to the Pew Research Center. 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. 1. Williamstown, Massachusetts . Its home to lots of shopping, plenty of restaurants, nice golf courses, a great sailing scene, and beautiful beaches. Many of the retired residents of Hyannis move into their former summer homes, but there are still plenty of boomers relocating to the area. 2. For more content like this follow. 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. The Maya mountains provide a gorgeous backdrop for the tranquil lagoon. Florida would appeal to anyone looking for a great place to live that offers easy access to Orlando and Florida's east coast beaches. This Delaware town is tied for the lowest tax burden on this list at 11%. 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. The median house price listing is $235k, but there are small gems to be found in this delightful town. The powdery white-sand beaches are a paradise for sunbathersor those who seek shade under an umbrellaand shell seekers. 3. Here's a list of real estate firms to consider working with. Home security experts say simple fixes can up your safety quotient. 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. The median household income in Swansboro is $48,922. 1. Seaside, Read More Is Seaside Or Cannon Beach Better?Continue, Coastal cities often paint a picture of beautiful people, sunshine, and great food. Daytona also made it to 15th place on U.S. News ranking for the best places to retire. Average Retirement Savings: How Do You Compare? This coastal city includes over seven miles of white sandy beaches and offers plenty of leisure activities and facilities for seniors. Population: 18,406 Medium home value: $349,691 Perfect for: Retirees, and middle age Vero Beach is one of the safest beach towns in Florida that nested between the Atlantic and the Indian River.This hidden gem in Florida had 26 miles of gorgeous public beaches. Metro Population: 6,129,858. Over on the Sunshine State's Atlantic coast, Vero Beach is a nature lover's paradise with miles of hiking and biking trails, plus wildlife refuges along the coast. Live everyday like youre at a summer resort at Ormond Beach in Florida and enjoy clear blue waters and peachy orange sands. Hendersonville also topped our list of the best places to retire in North Carolina. 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. In minutes, you can connect with a local or remote advisor and get a free initial consultation. Information and timely news from our team of trusted money specialists. Median home price: $221,917. Foodies can dine at some fantastic seafood and steak spots and outdoor activities range from bird watching to ziplining. Livability score: 78. 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. Here are the top 10 budget-friendly spots that offer access to the ocean: 1. Sarasota, Florida. 3 . Kiawah Island, South Carolina. This quaint coastal town lies east of Bay St. Louis and it is known\ for its arts and festivals. Photograph: Shutterstock. Just 14% of Newarks population is made up of senior citizens aged 65 and over. https://www.realtor.com/realestateandhomes-search/, https://www.census.gov/data/developers/data-sets/acs-5year.html. If you want to retire to coastal Georgia, Tybee Island is an ideal spot. Total monthly expenditures: $2,073.51. Here's a look at the highest-rated coastal towns to retire. A financial advisor can help you create a financial plan to pay for your East Coast retirement dream. 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. Lynn Haven, situated just north of Panama City, is a half hour away from some gorgeous beaches and St. Andrews State Park. 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. In general, the further north you go, the more expensive the towns will become. 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. Smallbones // Wikimedia Commons #15. Plus, theres almost seven rooms per house on average, so youll have lots of space. America's gold stockpile has fueled curiosity and conspiracy theories. So, are, Read More Are Coastal Cities Warmer?Continue. 2. Retirees are undoubtedly drawn to these areas by the active, beach lifestyle, says Danielle Hale, chief economist for realtor.com. Flickr Evangelio Gonzalez. larry mcmillian / Shutterstock. A lifetime of coastal living has taught me that the weather can often have all four seasons in a single day. 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. Dont miss the National Naval Aviation Museum, the worlds biggest naval aviation museum, which houses over 150 restored aircrafts. 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. - National rank: 56th best place to retire. At $217,100, Port Angeles median home value is less than half of the pricey state median and the median annual property tax stretches just over $2,000. 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. Obviously, just like anywhere, the closer to the water you are, the more expensive the property.. It has a load of live oaks across the Island, yet walking distance to the beach or intracoastal waterway. You may be able to repair drywall yourself. 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.
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