Buyers can get into the market at a wide price range, from a three-bedroom manufactured home for $159,900 to this three-bedroom with water views and a private pool for $350,000. Though Morehead City is on the mainland, protected from storms by a barrier island, the city proper isnt known for its beaches. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. Myrtle Beach, SC. Or go swimming at Sunset Beach and Fred Howard Park. Canva. Pensacola is Floridas most affordable beach city and its a beautiful place to retire, with idyllic white sand beaches, rivers, bayous and bays. Check out these affordable beach towns. The powdery white-sand beaches are a paradise for sunbathersor those who seek shade under an umbrellaand shell seekers. Cumming leads this list with 32.93 medical centers per 1,000 residents, so youll always be able to find top-quality care if you need it. The beaches are long strands of white sand, offering perfect coastal views. This two-bedroom condo is listed at just under $200,000 in a high-rise with bay and ocean views. Smallbones // Wikimedia Commons #15. It has a little bit of everything.. 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. 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. 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. You should factor in the average cost of living in that state or area and how that fits your lifestyle and budget. Long Beach, NY. 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. This renovated one-bedroom cottage is listed for just $199,999 and this two-bedroom at $225,000. Dont miss the massive limestone rock formations at Blowing Rocks Preserve, which is also home to loggerhead, green and leatherback sea turtles. This is not a typo: Southern California does, in fact, boast affordable retirement homes right near the coast. As a retirement town, Lewes has lots of draws, including no sales tax and the third lowest real estate tax area in the country. You may be able to repair drywall yourself. We adhere to strict standards of editorial integrity to help you make decisions with confidence. Living on the coast doesnt have to be a fantasy reserved only for the wealthiest. Highlight: For those who love the boardwalk and casinos. The University of Delaware is in town, though, so there are college sports and on-campus theater and music to keep you busy. New Castle is third in terms of retirement communities with 3.72 per 1,000 residents. Just bear in mind that as a resident you will have to contend with crowds of tourists, especially in the summer. To hit the soft sand of beautiful Atlantic Beach, locals have to drive about seven minutes across the bridge. New Hyde Park is another Long Island town, meaning residents will have access to New York City. It only takes 3 minutes to connect with an advisor who puts you first. 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. The median rent is $998. The town also leads this list with 1.79 recreation centers and 8.59 retirement communities per 1,000 residents. SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. Securities and Exchange Commission as an investment adviser. The lowest average on our list is Shreveport, Louisiana, at $374.77. These firms could be great to partner with. New Smyrna Beach was the center of intense real estate speculation during the 1920 . Cocoa Beach. 25. National parks, preserves and wildlife refuges are all plentiful . Monthly grocery costs also show a wide range. 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. There are currently more than 74 million boomersof which 10,000 per day are hitting age 65, according to the Pew Research Center. In Canton, not only do you have a high livability score, but monthly grocery cost is only $407.30 and $399.92 for healthcare, lower than the national averages. 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. 1 / 100. Myrtle Beach, SC, is one of the nation's most affordable beach towns. If you want a town with people of diverse ages, though, New Hyde Park might fit the bill. 11 Best East Coast Beach Towns. She writes about food, travel, and real estate for Zagat, FoodNetwork.com, BBC Travel, and more. The Gulf Coast city has a median home value of $161,700, which is the ninth-lowest value for this metric in the study. Wise up with top stories and timely tips Tuesdays and Thursdays. 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. 50 best beach towns to live in. These spots are livable, picturesque, and inviting. 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." 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. Youll cough up around $1,925 in property taxes each year and $739 in monthly housing costs. 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.. 04 of 13. The median home value in the city is quite low just $113,600 and youll pay around $908 in annual property taxes and about $655 in monthly housing costs. Especially attractive to avid golfers, Myrtle Beach boasts 85 golf courses. 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. 1. These are the top 25 cities for . This Mississippi Gulf coast town is a haven for retirees because it has a relatively low cost of living paired with a laid-back atmosphere. Here's how to diversify your portfolio with one of the most popular precious metals. 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. For those working in finance, this city may be the best choice. - Population: 40,000. Sink your toes into sugar-white sand beaches that are reportedly composed out of fine quartz grains from the Appalachian Mountains. Sara Ventiera is a journalist based in New York City and Los Angeles. Consider digging deeper into one state to find where you want to retire. Here's a look at the highest-rated coastal towns to retire. Average income for population 65+: $70,291. Good for Retirees. Key Biscayne, Florida. 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. Situated about an hours drive north of West Palm Beach, Fort Pierce is a small city with 13 neighborhoods. It is home to Floridas number one state park, Honeymoon Island, which boasts emerald green waters and pristine white beaches. If youre wondering whether you should pick Hawaii or Florida, our guide should help you decide. The Sunrise City houses one of the oldest communities in Floridas east coast and its best known for its world-class fishing. If you know you want to be on the East Coast, check out our lists of the best places to retire in. With a presale inspection, a home inspector will visit your property before you put it on the market. Many tourists visit this island but are its resources up to standard? Welcome to Coastal Dream Life, a website dedicated to helping you achieve your dreams of white sandy beaches and fresh ocean breezes in style. Biloxi, Mississippi, ranks at the top of our list as the most affordable beach town in America. Here's how to do it and how much it costs. Thats not all. Lynn Haven, situated just north of Panama City, is a half hour away from some gorgeous beaches and St. Andrews State Park. The Maya mountains provide a gorgeous backdrop for the tranquil lagoon. 1. Here are 25 gorgeous beach towns in the U.S. where you can retire on a budget. Retirees can take the grandkids on whale watching tours or picnic at one of the many parks or the beach. Ithaca, New York. It has got a population of over 13,000 people, a third of whom are above the age of 65. Homes start in the $200,000 range, and its possible to snap up a townhome with an onsite dock such as this sprawling three-bedroom for $274,000 or this $350,000 three-bedroomwith water views. One-Time Checkup with a Financial Advisor, 7 Mistakes You'll Make When Hiring a Financial Advisor, Take This Free Quiz to Get Matched With Qualified Financial Advisors, Compare Up to 3 Financial Advisors Near You. Narberth, Pennsylvania . Finally, knowing that the ability to form a community with likeminded people is important to many retirees, we looked at both the number of retirement communities per 1,000 residents and the percentage of a towns total population made up of seniors. Despite the Crisis, Homeowners Remodel to Ride Out Pandemic in Comfort, How the Coronavirus Is Changing Some Boomers' Real Estate Plans for the Better. Its stunning beaches, lush tropical forests, and majestic mountains make it easy to see why Maui is such a popular destination. Ithaca is a small picturesque town in the upstate New York Finger Lakes region. Johnson // Shutterstock #100. This suburban beach town is best known for its . Sarasota, with its pristine Gulf beaches, cracked its way into the top towns thanks to its high number of doctors' offices (12.4) and recreation centers (3) per 1,000 people. It's also great for retirees, with lots of recreation areas and a high ratio of doctors' offices to people. Thanks to the rise of work from home systems and software like Zoom, more people are finding they can work remotely. They were ranked according to their median home value, average number of rooms per house, median monthly property taxes paid and monthly housing costs. These areas are active, scenic, and rich . Portland, Maine. 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. Hendersonville comes in sixth on this list with 7.8 medical centers per 1,000 residents. But while many beach communities are cost-prohibitive, a surprising number are within reach for those who aren't millionaires. Healthcare is obviously very important to seniors, so we considered the number of medical centers per 1,000 residents in each city. Buckroe Beach and Park, which offers jet ski, kayak and paddle board rentals, also presents sparkling views of the Chesapeake Bay. No wonder its a favored destination for older Americans eyeing the golden expanse of work-free years ahead of them. 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. 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. The best places to retire for real estate, homes for sale, cost of living, climate, recreation, senior services and more . larry mcmillian / Shutterstock. 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. Canton, Georgia. Theres a reason you always walk out with a receipt the length of your arm. #11. Dont forget to compare health insurance rates to find an affordable policy that gives you great coverage as part of your retirement plan. 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. Average Annual Salary: $55,710. With fewer than 100 residents, Round Top is the tiniest of the small art towns. Its home to lots of shopping, plenty of restaurants, nice golf courses, a great sailing scene, and beautiful beaches. Boasting a population of roughly 17,000 people and a median household income of $58,713, this town still offers affordable housing. Living out your golden years in this city wont cost you much, when the median monthly housing cost is only $981. Get personalized advice from a financial advisor that understands your needs. The Most Affordable Places to Live on the East Coast. 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. 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. 10. Part of YaleNew Haven Health, Lawrence + Memorial Hospital is home to the regions only inpatient rehab unit and a nationally recognized cardiac rehabilitation program.
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