Datalign matches you with vetted registered advisors that can help you improve your investment portfolio and grow your retirement savings safely. 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. It prides itself on being a laid back coastal community, free of crowds and pollution. Oak Island is a nice quiet area to retire in. 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. Learn how to handle home improvement projects in a way that protects both your home and your bottom line. Retirees can take the grandkids on whale watching tours or picnic at one of the many parks or the beach. 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. Year-round homes start around $350,000 and reach nearly $4 million. Beach vacations can be expensive, but luckily, a retiree in Ormond Beach doesnt have to drain their savings for a more permanent stay. 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. Forbes compared nearly 800 locales in America, on everything from housing costs and taxes to healthcare, air quality and climate change and natural hazard risk. When considering a place to retire, you should take a look atdifferent financial factors, including tax burden, healthcare facilities and other costs. 29 Great Places to Retire Near the Beach | Kiplinger . 04 of 13. larry mcmillian / Shutterstock. And its not just pretty to look at Hobe Sounds median home value is just $206,300. A housing bubble burst isnt imminent, but here are the factors to keep an eye on. Johnson // Shutterstock #100. Fort Pierces unspoiled shores and palm tree lined sidewalks also make it one of Americas most picturesque (and affordable) beach towns. LindaZ74 / Shutterstock. Median home price: $221,917. These beach towns are prime spots for living out your golden years by the sea. The Most Beautiful Beach Towns in Florida That Aren't Miami The Best Beach Towns for Retirement - Southern Living Work in that sector is constantly rising with the influx of more than 20 million visitors each year. Seaford is tied for the lowest tax burden of any city on this list. 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. Beyond that, Exeter has a number of historic churches, including one dating back to the 17th century, and its also home to the American Independence Museum. Doing laundry is already a chore, and it's worse if your laundry room is a mess. The Maya mountains provide a gorgeous backdrop for the tranquil lagoon. Best places to retire on the East Coast - MSN Several wonderful beaches spring to mind, with Seaside and Cannon Beach foremost for me. So many beaches. 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. Laidback New Smyrna Beach is a peaceful beach community of 23,000 located in the northern portion of Florida's east coast. 7. Livability score: 78. Have a question? Deerfield Beach sits on the southeastern Florida coast and boasts an award . 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. Pensacola is Floridas most affordable beach city and its a beautiful place to retire, with idyllic white sand beaches, rivers, bayous and bays. The Best Retirement Spots on Florida's East Coast - 55Places.com Bel Air contains one of Marylands Arts and Entertainment districts, where concerts are frequently held. The median income for a family in Atlantic City is $29,232, with a median house listing price of $179.9k. The content provided on Moneywise is information to help users become financially literate. It probably won't come as a surprise to hear that Florida does exceptionally well in the retirement rankings across the board. Im going to run through several options of affordable East Coast towns. Hawaii and Florida offer stretches of awe-inspiring coastline, with beaches, It can be tough to pick one with so many lovely places to choose from the miles of pristine beaches in California. #46. Best Places to Retire - Homes for Sale - Top 10 Places to Retire Eugene, Oregon. This college town is home to the University of Oregon, which has the largest library in the . Average Retirement Savings: How Do You Compare? Seaford is home to a number of parks where you can experience the great outdoors. Retirement is the time in your life when you can finally forget the stress of work and just relax. 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. J.A. Pronounced "Bowfort" (not "Bewfert" like its South Carolina namesake), this colonial-era village embraces its pirate history. 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. It only takes 3 minutes to connect with an advisor who puts you first. 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 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. If you're interested in retiring near the ocean without the humidity of a tropical . 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. Youll find plenty of recreational activities to do outside in Port Angeles. 13. 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. 20 Best Places on the East Coast for a Couple To Live on Only a Social Stroll down the boardwalk for more entertainment options and shopping. 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. If you can telecommute or work remotely, you can easily access towns and cities that might have seemed impossible dreams. Many tourists visit this island but are its resources up to standard? Plus, there's almost seven rooms per house on average, so you'll have lots of space. The towns senior population (age 65 and over) 32% of the population. It takes 15 minutes to get to everything Myrtle Beach has to offer without having to worry about traffic and stuff.. Spending your retirement on the beach can be a dream come true. A financial advisor can help you create a financial plan for your retirement goals. A good idea to find remoter, less expensive properties is to look in the areas surrounding these towns and find your own hidden East Coast gems. In Alabamas Gulf Shores, you can indulge and relax and even partake in an adventure or two. 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. It also ranks first on our list of the best places to retire in Georgia. Narberth, Pennsylvania . 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. 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. - Population: 40,000. 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. 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. At HGTV we've researched some of the best and most affordable beach towns in the U.S. 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. Seniors age 65 and over make up 21% of the towns population. These 7 Georgia Coastal Towns Are Perfect For A Day Trip - OnlyInYourState The median home value is just under $200,000 and youll pay around $1,527 in property taxes each year and $852 in housing costs every month. Buying rental units can be pretty simple. Hendersonvilles 1.34 recreation centers per 1,000 residents earns it second place on this list, so there will be plenty to do. The peninsula is 16 miles long, with the Caribbean Sea to the east, and the Placencia lagoon to the west. Beaches. Just like many of you dreaming about a coastal dream life, we can make this a reality through information and inspiration! 25 Most Affordable Beach Towns in the U.S. | Far & Wide 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. Situated on the eastern shore of Biloxi Bay, Ocean Springs has a reputation as a historic town with a vibrant and eclectic arts community. New Castle is tied with the other Delaware cities on this list for the lowest tax burden at 11%. 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. 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. It even has an airport and ferry terminal that connects the mainland to Marthas Vineyard and Nantucket. Exeter is also tied for fourth in terms of recreation centers per 1,000 residents with 0.43. Port Arthur houses the Texas Point National Wildlife Refuge, which covers 8,972 acres of saline to brackish marsh and is inhabited by a variety of fish and fowl. 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. 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. The New Castle Historic District has a number of historic buildings, including an arsenal built in 1809 in preparation for the War of 1812. 14. Pensacola is Florida's most affordable beach city and it's a beautiful place to retire, with idyllic white sand beaches, rivers, bayous and bays. 2. Please be aware that some (or all) products and services linked in this article are from our sponsors. And the relative affordability of homes in these towns means more of a fixed income is left over for fun, which probably makes the case for sticking around.. Ready to take a long stroll down the list together? 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. #29. 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. 2. Valletta is the tiny capital city of Malta, a country composed of three islands in the Mediterranean Sea about 60 miles south of Sicily. 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. Cheap Towns You'll Actually Want to Retire In | Reader's Digest One of the east coast cities that often gets overlooked but is well worth a visit. Jacksonville, FL. The median household income in Swansboro is $48,922. With its bustling main street, John F. Kennedy Hyannis Museum, and world-renowned Cape Cod Hospital, Hyannis is basically the hub of the Cape. Jacksonville, Florida. Beach cities in the U.S. can't be mentioned without a nod to Miami. Unique View: The quintessential fishing village of Cape Porpoise, Maine. Total monthly expenditures: $2,073.51. Check out the local parks, like Wilson Point and Kingston Point, and eateries such as Vinces Crab House and Carsons Creekside. The median house price listing is $235k, but there are small gems to be found in this delightful town. In Essex, the median home value is just $191,400 compared to the states median home value of $370,300, according to Zillow. New Hyde Park is another Long Island town, meaning residents will have access to New York City. It has 22.99 medical centers per 1,000 residents, the third highest number of medical centers of any city on this list. Fairfax lands in third with 2.91 retirement communities per 1,000 residents. https://www.realtor.com/realestateandhomes-search/, https://www.census.gov/data/developers/data-sets/acs-5year.html. Nestled between Pensacola and Panama City, Fort Walton Beach includes some of the best deep sea fishing charters in the nation. Daytona Beach is a tourists dream gorgeous beaches, fun rides and arcades and live music and theater productions. Boasting a population of roughly 17,000 people and a median household income of $58,713, this town still offers affordable housing. Jim Barnash is a Certified Financial Planner with more than four decades of experience. 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. Where is the best place on the East Coast to retire? 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. Information and timely news from our team of trusted money specialists. 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. Transplants relish the island's quiet beaches, which are bounded by rolling dunes and sapphire waves. 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. If you love beach towns, then Jacksonville might be one of the better options for you. Myrtle Beach boasts 60 miles of golden coastline, celebrity-designed golf courses and decadent seafood restaurants. Seniors age 65 and over make up 18% of the population. Theres an outlet shopping center and a casino. The median monthly housing costs amount to $811. Welcome to Coastal Dream Life, a website dedicated to helping you achieve your dreams of white sandy beaches and fresh ocean breezes in style. 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. There are currently more than 74 million boomersof which 10,000 per day are hitting age 65, according to the Pew Research Center. You should factor in the average cost of living in that state or area and how that fits your lifestyle and budget. Darien, Georgia. Whether seeking history, solitude, or a vibrant nightlife, the East Coast has got it all in the unique little towns speckling its pristine shorelines. 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. Great Neck also comes in second in terms of retirement communities, with 3.76 per 1,000 residents. 10 of the Best Small Towns on the East Coast. 2022 1-bedroom rent: $1,266.29. The River City by the Sea has a network of waterways and canals, as well as long stretches of stunning coastline. Hilton Head Island, known for its beaches and golf courses, is a great place to retire. Due to its small size, Swansboro will best suit those working remotely or in the tourism industry. Its home to lots of shopping, plenty of restaurants, nice golf courses, a great sailing scene, and beautiful beaches. The county seat of Clallam is situated between Americas border with Canada the city of Victoria is just a ferry ride away by the gorgeous Salish Sea. For the purposes of this book's third edition, a small art town has a full-time population of 65,000 or fewer. Buckroe Beach and Park, which offers jet ski, kayak and paddle board rentals, also presents sparkling views of the Chesapeake Bay. Or perhaps youre planning a big move and want to relocate permanently. Over 22 miles in fact. Myrtle Beach, SC. Ithaca, New York. 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. Sara Ventiera is a journalist based in New York City and Los Angeles. Cape Coral was named one of the top 25 places to retire by . Where can I retire on the Georgia coast? - 2023 Youll cough up around $1,925 in property taxes each year and $739 in monthly housing costs. Lynn Haven, situated just north of Panama City, is a half hour away from some gorgeous beaches and St. Andrews State Park. No wonder its a favored destination for older Americans eyeing the golden expanse of work-free years ahead of them. Located just north of Naples, its sandy beaches and tropical climate provide a natural allure. Times have changed drastically in 2020 and 2021, but it neednt all be bad. A range of sand and surf that stretches from Maine to Florida. The city incorporates the city of Coronado Beach. Photo credit: iStock.com/FatCamera, iStock.com/monkeybusinessimages, iStock.com/FatCamera. To come up with this list, our data experts looked at more than 1,300 towns on the water, pulled off the places that are located on lakes or riversthis list is all about tasting the salt in the ocean breezeand cut the selections to one place per state, for a wider variety of options. Thats towards the bottom of this list, but its still a decent portion of older people if you thats important to you. The 10 Best Beach Towns on the East Coast. 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. For many, the ultimate retirement goal involves uncomplicated days when the toughest decision involves when to visit the beach. 10 Prettiest Coastal Towns in New England See which metro areas on the Eastern Seaboard offer the most for residents. 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 . Jim has run his own advisory firm and taught courses on financial planning at DePaul University and William Rainey Harper Community College. Its an amazing retirement destination with its white sand beaches, casino resorts, championship golf courses and museums and historic sites. The 100 Best Small Art Towns in America | Americans for the Arts New Castle is third in terms of retirement communities with 3.72 per 1,000 residents. 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. Placencia: An Irresistible Beach Community. Ask our Retirement expert. Retirees look for affordable communities where they can fill their time with purposeful activities and social connections, keys to a long, healthy life, says Hale. Placencia is a haven for beach connoisseurs. 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. 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. Long Beach, NY. Often named one the best coastal towns in Maine, Kennebunkport has it all. Round Island Park is one of the famous public beaches to spot the manatees in Indian River County. 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. Great golf courses, medical facilities, beaches, state parks, and places to fish, kayak, and hike lure retirees from across the country. 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. The median house price listing is $235k, but there are small gems to be found in this delightful town. 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. The Best Places To Retire In 2021 - Forbes 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. The 25 best Jersey Shore towns, ranked - nj.com And youll pay around $1,009 in annual property taxes and $455 in monthly housing costs. Jacksonville and Myrtle Beach have affordable beachfront property areas. Beach homes: These towns are the most budget-friendly - USA TODAY 3. Best Places 2022-2023 Rank: 137. A financial advisor can help you create a financial plan to pay for your East Coast retirement dream. 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. The median home value sits at $169,000 and annual property taxes will cost you around $1,300. With a presale inspection, a home inspector will visit your property before you put it on the market. In the downtown area, youll discover some lovely early-1900 buildings and exhibits at the Historical Museum. Maine is one of the East Coast's best beach towns. This gorgeous little Gulf Coast town with Mediterranean-inspired architecture is a total dream, so much so that it ranks highly in multiple surveys on happiness and well-being. The 10 Most Affordable Beach Towns, 2021 Edition - realtor.com 10 Most Beautiful and Affordable Places To Retire on the East Coast Whitecap Beach - Scenic beach in Texas with sizable waves. Get matched with a financial advisor today at Datalign and get on the path to financial success. 10 Best Beach Towns To Retire In The World - Coastal Dream Life If youve ever wished you could just pack up and head to the beach instead of staring out at the same dreary cityscape, perhaps that dream could become a reality. Great Places To Retire Near The Beach 2023 - Retirable By the numbers: Population . 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. Wise up with top stories and timely tips Tuesdays and Thursdays. The powdery white-sand beaches are a paradise for sunbathersor those who seek shade under an umbrellaand shell seekers. Fintech company SmartAsset compared data for 218 beach towns and put together a list of the most affordable 50. 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. 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. Living on the coast doesnt have to be a fantasy reserved only for the wealthiest. Orlando Is America's Top Travel DestinationHow Hard Has Its Real Estate Market Been Hit? Flickr JR P. Darien is one of the premier coastal towns in Georgia. Vero Beach. These are the top 25 cities for . 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. 25 Affordable Beach Towns Where You Can Retire - MoneyWise Atlantic Beach, Florida. Median Home Price: $247,112. To learn where the best cities to retire or live in Florida to be the safest from hurricanes, . This is not a typo: Southern California does, in fact, boast affordable retirement homes right near the coast. The county seat of Nassau County, Fernandina Beach is just north of Florida's beautiful Amelia Island. Located in western Massachusetts, Springfield is roughly 60 miles from the coast via Connecticut. The beaches are long strands of white sand, offering perfect coastal views. Here's how to do it and how much it costs. New Smyrna Beach was the center of intense real estate speculation during the 1920 . Just 15 minutes south of the bustling tourist shops, boardwalks, and mini-golf courses of Myrtle Beach, Murrells Inlet offers retirees a quiet respite from that popular vacation town. 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.