If you need to break or get out of a lease, this is what you need to know. Live everyday like youre at a summer resort at Ormond Beach in Florida and enjoy clear blue waters and peachy orange sands. 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. Please be aware that some (or all) products and services linked in this article are from our sponsors. 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. Beaufort, North Carolina. 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. Sink your toes into sugar-white sand beaches that are reportedly composed out of fine quartz grains from the Appalachian Mountains. 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. If you are looking for a place with below-average home prices to live in as a retiree, then Daytona Beach in the Sunshine State is a great solution for you. Part of YaleNew Haven Health, Lawrence + Memorial Hospital is home to the regions only inpatient rehab unit and a nationally recognized cardiac rehabilitation program. Thats towards the bottom of this list, but its still a decent portion of older people if you thats important to you. 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. This two-bedroom condo is listed at just under $200,000 in a high-rise with bay and ocean views. The Bay Area Hospital treats patients of all ages, including geriatric medicine and services for the elderly and disabled. Key Biscayne, an island off the coast of Miami, is a great place to explore the Atlantic Ocean. Where is the best place on the East Coast to retire? If youre considering a retirement in any of these places, you should start planning now. 20. There are many groceries and other amenities available and coffee shops, restaurants, and cultural activities. It has 22.99 medical centers per 1,000 residents, the third highest number of medical centers of any city on this list. 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 Best Secret Beach Towns in Mexico. I have been drawn to the ocean and the coastal lifestyle my whole life. Fort Pierce, located on the Indian River Lagoon, is known for its excellent fishing and beautiful beaches. 25. The town also leads this list with 1.79 recreation centers and 8.59 retirement communities per 1,000 residents. Though a four-bedroom on the beach will set you back $1,650,000, a two-bedroom right next to downtown can be purchased for just $249,900. You should factor in the average cost of living in that state or area and how that fits your lifestyle and budget. Many of them seek out single-story homes with attached garages right around the golf course, marina, and beaches. Johnson // Shutterstock #100. Cape Coral, Fla. Cape Coral, Florida is a relaxed town just north of Fort Myers along the Caloosahatchee River and the Gulf of Mexico. For the purposes of this book's third edition, a small art town has a full-time population of 65,000 or fewer. Thats not all. 2. Though Morehead City is on the mainland, protected from storms by a barrier island, the city proper isnt known for its beaches. However, what really makes this port town ideal for the 55-plus crowd is the easy access to quality health care. A range of sand and surf that stretches from Maine to Florida. Chances are you already know the country's most famous beach destinations . Great Neck, New York. Cape Coral was named one of the top 25 places to retire by . It has 10 birding sites on the Great Texas Birding Trail and the planets sole migrating flock of over 265 whooping cranes, which passes through the Aransas Wildlife Refuge every winter. There are currently more than 74 million boomersof which 10,000 per day are hitting age 65, according to the Pew Research Center. Dont miss the massive limestone rock formations at Blowing Rocks Preserve, which is also home to loggerhead, green and leatherback sea turtles. This places Exeter second to last on the list in that metric but is still a fairly good number in the grand scheme of things. Seniors age 65 and over make up 18% of the population. 2. Home security experts say simple fixes can up your safety quotient. 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. The median contract payment is $1,173 per month, while monthly costs for a mortgage-free home are $433. 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. How Much Do I Need to Save for Retirement? Daytona also made it to 15th place on U.S. News ranking for the best places to retire. Atlantic Beach, Florida. 7. Property is extremely cheap in Port Arthur the median home value is just $65,800. Best places to retire in America. . These areas are active, scenic, and rich . You'll find some of the area's best seafood and golf courses, and the opportunities for fun are endless. With nearly 6,000 miles of coastline, ranging from the rough waters of the Pacific Ocean to the tranquil turquoise seas of the Caribbean, Mexico has more than enough beaches to keep everyone happy. Valletta is the tiny capital city of Malta, a country composed of three islands in the Mediterranean Sea about 60 miles south of Sicily. Mid-Atlantic families love the relaxed boardwalk in the coastal town of Bethany Beach, which is located about 130 miles southeast of Washington, D.C., and less than 15 . Thousands benefit from our email every week. Shimmering shorelines, renowned golf courses, impeccable dining that's what awaits you on Kiawah Island. It overtook 2020's winner Gulfport, a Magnolia State neighbor located approximately 13 miles west. 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. Live everyday like youre on vacation in Dunedin. 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 probably won't come as a surprise to hear that Florida does exceptionally well in the retirement rankings across the board. Unlike it's nearby but totally separate . And locals are willing to fork over that kind of money for a reason. Is Maui water safe to drink? The average of the cities on our list is $1,066 per month. Morehead City has enough nautical attractions to make die-hard boaters keel over. The median house price listing is $235k, but there are small gems to be found in this delightful town. A financial advisor can help you create a financial plan to pay for your East Coast retirement dream. Wise up with top stories and timely tips Tuesdays and Thursdays. The mild weather, coastal scenery, good airport, and myriad amenities have made Murrells Inlet a desirable retirement destination for Northeasterners seeking a break from high tax rates and harsh winters. Fairfax lands in third with 2.91 retirement communities per 1,000 residents. Hilton Head Island, South Carolina. And Pensacola in particular is affordable with a significantly lower than average cost of living, home prices that hover around $140,000, and reasonable property taxes. It has a load of live oaks across the Island, yet walking distance to the beach or intracoastal waterway. 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. The Harbor City features some delightful art galleries, golf courses, fishing piers, upscale dining, boutiques and beaches. Stacker looks at the 50 best places to retire on the East Coast, analyzing data including population, age, income, household values, and rent. 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. From coast to coast, these 17 best beach towns in the U.S. offer stunning coastal views, laid-back vibes, and more. They can help identify fixes which may help your sales price. In any case, let us discuss some of the best beach towns for retirement in Florida. Seaford doesnt fare as well when it comes to retirement communities, though, as its 0.14 retirement communities per 1,000 residents puts it near the bottom of this list in that metric. 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. You can also watch the annual Daytona 500 NASCAR race at the Daytona International Speedway. Beach vacations can be expensive, but luckily, a retiree in Ormond Beach doesnt have to drain their savings for a more permanent stay. Hoi An has mountainous surrounds on one side and some of the most beautiful, undisturbed pieces . Here are 25 gorgeous beach towns in the U.S. where you can retire on a budget. However, unemployment is high, so this may be a better bet for those who can work remotely. ROBBIE CAPONETTO; PROP STYLING: RACHAEL BURROW; HAIR AND MAKEUP: CELINE RUSSELL/ZENOBIA, The Best Budget Getaways In The South For 2023, Venice Is the Laid-Back Florida Beach Town With Plenty of Personality, Best Lake Towns To Retire To in the South, The Best Beach Towns In The South To Visit This Winter, The Best Places for a Dreamy Retirement in the South. 10. 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. LindaZ74 / Shutterstock. Dont forget to compare health insurance rates to find an affordable policy that gives you great coverage as part of your retirement plan. Often named one the best coastal towns in Maine, Kennebunkport has it all. Kiawah Island, South Carolina. Here's how to do it and how much it costs. Doing laundry is already a chore, and it's worse if your laundry room is a mess. Looking to buy a home in Virginia? Metro Population: 698,537. People enjoy it.. Learn how to handle home improvement projects in a way that protects both your home and your bottom line. Monthly grocery costs also show a wide range. The 14 states that make up the East Coast of the U.S. offer up a wide range of climates . We are compensated for referring traffic and business to Amazon and other companies linked to on this site. Its also the medical center for the south coast region, according to the city website. 13. Youll cough up around $1,925 in property taxes each year and $739 in monthly housing costs. 2) Key Biscayne Florida. The cliff-edged and chilly shoreline of Bastendorff Beach, just a short trip over the bridge from Coos Bay, is gorgeous, a wholly relaxing place to collect shells, pitch a tent, or ride a horse. Due to its small size, Swansboro will best suit those working remotely or in the tourism industry. 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. Highlight: For those who love the boardwalk and casinos. The welcoming area boasts many gay bars and restaurants, a thriving Pride parade (in years past), and an LGBTQ centerall on the shores of tax-friendly Delaware. It also ranks first on our list of the best places to retire in Georgia. 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. 2022 1-bedroom rent: $1,266.29. 2. 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. casual place with mountains on its east side and seven miles of often empty beach on its west side, Rockaway Beach is a world unto itself. You could also be saving $1,000 a year or more by choosing the right home insurance policy online. Median home list price: $145,050. The city also houses the Addison Blockhouse Historic State Park, where you can see an 18th-century plantation. It's a popular Michigan summer vacation spot . Biloxi, Mississippi, ranks at the top of our list as the most affordable beach town in America. 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. Compare mortgage rates today to find the cheapest offer in one of these beautiful beach cities. Foodies can dine at some fantastic seafood and steak spots and outdoor activities range from bird watching to ziplining. Biloxi, which sits right next to Gulfport, is Americas most affordable beach city, according to SmartAsset. It only takes 3 minutes to connect with an advisor who puts you first. Check out the 21 nicest small towns to visit in . The Most Affordable Places to Live on the East Coast. The median home value is $161,700 and the median annual property tax is $1,1986 a bit more expensive compared to Gulfport but youll pay about $737 in housing costs each month. It also ranks first on our list of the best places to retire in Georgia. 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. Hendersonville also topped our list of the best places to retire in North Carolina. Cocoa Beach is located just south of the Cape Canaveral Air Force Station, and is a favorite surfing destination. Myrtle Beach boasts 60 miles of golden coastline, celebrity-designed golf courses and decadent seafood restaurants. Whitecap Beach - Scenic beach in Texas with sizable waves. New Castle is third in terms of retirement communities with 3.72 per 1,000 residents. Especially attractive to avid golfers, Myrtle Beach boasts 85 golf courses. Use these cleaning tips to get rid of dust buildup and improve the air quality in your home. We adhere to strict standards of editorial integrity to help you make decisions with confidence. Springfield, Massachusetts. Average Annual Salary: $52,970. Kyle Valenta October 27, 2017. By the numbers: Population . The median monthly housing costs amount to $811. 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. Total monthly expenditures: $2,073.51. It takes 15 minutes to get to everything Myrtle Beach has to offer without having to worry about traffic and stuff.. 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. There's a lot to love about metal roofs, but they're not for everyone. Gulfport is one of Mississippis biggest cities, so you wont lack for amenities. 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. Canva. 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. While beachfront properties are premium, the median house price listing for Myrtle Beach is $250k, while the median household income is $43,200. Turning your retirementinto a reality takes money. If you're wondering where to retire along Florida's east coast, consider cities like Jacksonville, Daytona Beach, Port St. Lucie, or Boynton Beach. Few towns are as charming as Fairhope, and its relaxed, welcoming atmosphere makes retirees feel right at home. Myrtle Beach, SC. A median house price for those age 60 and older is $160,200. Are you confident in your retirement savings? Visits to the town's bookstore, ice cream shop, bakery, and cafes make it easy to meet your neighbors and feel like a local. 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. Tuckpointing can give your brick walls or chimney a facelift while helping to ensure the structural integrity of your home. Tucked between Vero Beach and Palm Beach, this quaint Intracoastal town is a hidden gem along the coast, with Old Florida vibes and a reputation as the "Sailfish Capital of the World." Population 8,252. 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. 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. The Maya mountains provide a gorgeous backdrop for the tranquil lagoon. Times have changed drastically in 2020 and 2021, but it neednt all be bad. Here's a look at the highest-rated coastal towns to retire. Consider cost of living and your love of the outdoors if you're thinking about a move to Seattle. To hit the soft sand of beautiful Atlantic Beach, locals have to drive about seven minutes across the bridge. 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! 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. The city features two state parks Tomoka and Bulow Creek which cover thousands of acres and protect various wildlife habitats and species. Flickr JR P. Darien is one of the premier coastal towns in Georgia. Are your retirement savings on track? No wonder its a favored destination for older Americans eyeing the golden expanse of work-free years ahead of them. These spots are livable, picturesque, and inviting. Its stunning beaches, lush tropical forests, and majestic mountains make it easy to see why Maui is such a popular destination. 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. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. St. Marys, St Marys, GA 31558, USA. 11 . Kick off your flip flops and you can walk for miles along the wide sand beach. New Castle is tied with the other Delaware cities on this list for the lowest tax burden at 11%. 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. This affordable beach town just south of Myrtle Beach has a laid-back feelit began as a fishing villagecomplete with a wooden boardwalk along the estuary and a state park great for bird-watching. 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. You may find yourself wondering, though, where exactly you want to spend your golden years. Seabrook Island, South Carolina. See which metro areas on the Eastern Seaboard offer the most for residents. You may be able to repair drywall yourself. #11. In minutes, you can connect with a local or remote advisor and get a free initial consultation. Join here. 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. For more content like this follow. 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. It is also close to both Philadelphia and Baltimore, so both cities amenities and recreational opportunities are within easy reach. 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. Hendersonville comes in sixth on this list with 7.8 medical centers per 1,000 residents. Ocean Springs has several arts festivals, many restaurants, and artists studios such as Shearwater Pottery tucked away. 4. Nestled between Pensacola and Panama City, Fort Walton Beach includes some of the best deep sea fishing charters in the nation. We list the top 25, ranked from least to most affordable. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. - National rank: 56th best place to retire. If youre wondering whether you should pick Hawaii or Florida, our guide should help you decide. Our next dilemma: Is Seaside or Cannon Beach better? 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.. Get matched with a financial advisor today at Datalign and get on the path to financial success. . How much do we know? It's a hidden gem located along the Atlantic Ocean coast. When considering a place to retire, you should take a look atdifferent financial factors, including tax burden, healthcare facilities and other costs. 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 . This college town is home to the University of Oregon, which has the largest library in the . Planned developments known as "plantations" dot the area. The shallow and sedimentary conditions of the beach expose thousands of ancient shark teeth every day. There are no guarantees that working with an adviser will yield positive returns. Each town has fewer than 20,000 full-time residents (according to the 2010 census), direct access to beaches and water, and notable family-friendly attractions. 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. Retirees can take the grandkids on whale watching tours or picnic at one of the many parks or the beach. Placencia is a haven for beach connoisseurs. Pelican Bay is a beautiful town on Florida's Gulf Coast. 3 . 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 sits at $169,000 and annual property taxes will cost you around $1,300. The last price GOBankingRates measured was monthly healthcare cost, which averaged $415. 1. Seniors age 65 and over make up 21% of the towns population. Miami. 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. If you want a town with people of diverse ages, though, New Hyde Park might fit 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. Newark also has the third-lowest number of recreation centers per 1,000 residents with 0.12. 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. Photo credit: iStock.com/FatCamera, iStock.com/monkeybusinessimages, iStock.com/FatCamera. Here's a list of real estate firms worth checking out. Theres a reason you always walk out with a receipt the length of your arm. Lets hit the beach. Retire Comfortably. Williamstown, Massachusetts . The laid-back city boasts a restaurant- and shop-lined Main Street, which spills out to a nice pier and beach. The stunning gulf coast area is well known for its beauty, and Coastal Living voted ocean Springs as one of the 10 Happiest Seaside Towns in 2015. The county seat of Nassau County, Fernandina Beach is just north of Florida's beautiful Amelia Island. 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. 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. If small and quaint is not your style, Jacksonville, with its vast area and large population, might be more your pace. Over 22 miles in fact. Theres an outlet shopping center and a casino. The citys Memorial Hospital, which offers senior services, is within easy reach. 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. Check out these affordable beach towns. Portland, Maine. The median house price listing is $235k, but there are small gems to be found in this delightful town. The New Castle Historic District has a number of historic buildings, including an arsenal built in 1809 in preparation for the War of 1812. 2 . Looking to buy a home in California? 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. 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. The artsy, quintessentially Southern Mississippi Gulf Coast leads the nation in affordable coastal cities, with four places landing in .