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. Year-round homes start around $350,000 and reach nearly $4 million. 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. There are many long white beaches, some quite hidden and far from the crowds of the boardwalks and the main beaches. For bird watching opportunities, head to the Freeport Wetlands Trail & Bird Observatory, and go hit the links at the Freeport Golf Course. Foodies can dine at some fantastic seafood and steak spots and outdoor activities range from bird watching to ziplining. The River City by the Sea has a network of waterways and canals, as well as long stretches of stunning coastline. This quaint coastal town lies east of Bay St. Louis and it is known\ for its arts and festivals. The final city on our list of the best places to retire on the East Coast is another Delaware locale, New Castle. The peninsula is 16 miles long, with the Caribbean Sea to the east, and the Placencia lagoon to the west. You should factor in the average cost of living in that state or area and how that fits your lifestyle and budget. Whitecap Beach - Scenic beach in Texas with sizable waves. It does have the third highest tax burden at 18.4%, though. Seaside, Read More Is Seaside Or Cannon Beach Better?Continue, Coastal cities often paint a picture of beautiful people, sunshine, and great food. This college town is home to the University of Oregon, which has the largest library in the . Times have changed drastically in 2020 and 2021, but it neednt all be bad. 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. The median contract payment is $1,173 per month, while monthly costs for a mortgage-free home are $433. Average income for population 65+: $70,291. 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. 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. You, too, can be the Prince of Bel Air the one closer to the Atlantic than the Pacific, that is. 2. 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. Beaches. Best East Coast beach towns. 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. 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. Home security experts say simple fixes can up your safety quotient. Key Biscayne, an island off the coast of Miami, is a great place to explore the Atlantic Ocean. You'll find some of the area's best seafood and golf courses, and the opportunities for fun are endless. In general, the further north you go, the more expensive the towns will become. Most folks probably dont imagine spending their beachy retirement huddled up under layers of sweaters and blankets, but theyre missing out. 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. Due to its small size, Swansboro will best suit those working remotely or in the tourism industry. Key Biscayne, Florida. A financial advisor can help you create a financial plan to pay for your East Coast retirement dream. . The median household income in Swansboro is $48,922. It also ranks first on our list of the best places to retire in Georgia. This suburban beach town is best known for its . Pronounced "Bowfort" (not "Bewfert" like its South Carolina namesake), this colonial-era village embraces its pirate history. The Harbor City features some delightful art galleries, golf courses, fishing piers, upscale dining, boutiques and beaches. 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. 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. It prides itself on being a laid back coastal community, free of crowds and pollution. The 25 Best Beaches in America, According to You! Jim has run his own advisory firm and taught courses on financial planning at DePaul University and William Rainey Harper Community College. Fernandina Beach. The beaches are long strands of white sand, offering perfect coastal views. Dont forget to compare health insurance rates to find an affordable policy that gives you great coverage as part of your retirement plan. Lewes and nearby Rehoboth Beach have become one of the hottest LGBTQ retirement destinations on the East Coast. . The town also leads this list with 1.79 recreation centers and 8.59 retirement communities per 1,000 residents. Read on for the 25 Best Places to Live on the East Coast. You wont need to splurge on your new digs, however. The 14 states that make up the East Coast of the U.S. offer up a wide range of climates . Datalign matches you with vetted registered advisors that can help you improve your investment portfolio and grow your retirement savings safely. The median house price listing is $235k, but there are small gems to be found in this delightful town. They were ranked according to their median home value, average number of rooms per house, median monthly property taxes paid and monthly housing costs. 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. It is also close to both Philadelphia and Baltimore, so both cities amenities and recreational opportunities are within easy reach. National parks, preserves and wildlife refuges are all plentiful . 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. Photo credit: iStock.com/FatCamera, iStock.com/monkeybusinessimages, iStock.com/FatCamera. If you want a town with people of diverse ages, though, New Hyde Park might fit the bill. It's one of the best places in the country to retire because it has plenty of medical care, social opportunities, retirement centers, and recreation activities nearby. Live everyday like youre on vacation in Dunedin. The Sunrise City houses one of the oldest communities in Floridas east coast and its best known for its world-class fishing. There are no guarantees that working with an adviser will yield positive returns. The median monthly housing costs amount to $811. Williamstown, Massachusetts . Bethany Beach, Delaware. 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. This Delaware town is tied for the lowest tax burden on this list at 11%. Living on the coast doesnt have to be a fantasy reserved only for the wealthiest. Flickr JR P. Darien is one of the premier coastal towns in Georgia. 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. [ x] Then . Flickr Evangelio Gonzalez. So many beaches. Located on Virginia's eastern shore, Cape Charles is an inviting small town with picturesque piers and sidewalks for strolling and biking. 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. With fewer than 100 residents, Round Top is the tiniest of the small art towns. The median home value sits at $169,000 and annual property taxes will cost you around $1,300. Boasting 10+ miles of pristine beaches with temperate weather year . For an elegant retirement, you can't do much better than life on Kiawah Island. Maine is one of the East Coast's best beach towns. 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 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. 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. Deerfield Beach sits on the southeastern Florida coast and boasts an award . Great golf courses, medical facilities, beaches, state parks, and places to fish, kayak, and hike lure retirees from across the country. Dont miss the massive limestone rock formations at Blowing Rocks Preserve, which is also home to loggerhead, green and leatherback sea turtles. Dont worry this article compares them in detail. And as they shift into retirement mode,many are migrating toward the beach. This is not an offer to buy or sell any security or interest. Retire Comfortably. The laid-back city boasts a restaurant- and shop-lined Main Street, which spills out to a nice pier and beach. When considering a place to retire, you should take a look atdifferent financial factors, including tax burden, healthcare facilities and other costs. The powdery white-sand beaches are a paradise for sunbathersor those who seek shade under an umbrellaand shell seekers. Seniors age 65 and over make up 18% of the population. 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. There are many groceries and other amenities available and coffee shops, restaurants, and cultural activities. It also has 6.66 medical centers per 1,000 residents. Ocean Springs, Mississippi. Head to the local restaurants for some fresh gulf seafood or book a charter and reel in some fish yourself. Florida would appeal to anyone looking for a great place to live that offers easy access to Orlando and Florida's east coast beaches. The median monthly housing expenses come to $853. It's one of the most affordable cities on the East Coast with a high livability rating. Ah, Florida: warm weather, beaches, and no state income tax. Median Home Price: $247,112. It only takes 3 minutes to connect with an advisor who puts you first. Turning your retirementinto a reality takes money. The median rent is $998. 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. 14. You can go fishing for speckled trout and flounder at Sabine Lake and keep a look out for warblers and thrushes at Sabine Woods. The median annual property tax sits at $2,573 and youll pay around $1,216 in housing costs each month. 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. 25. Shocker, right? Average Annual Salary: $55,710. It's a hidden gem located along the Atlantic Ocean coast. Smallbones // Wikimedia Commons #15. Next: 25. Hendersonvilles 1.34 recreation centers per 1,000 residents earns it second place on this list, so there will be plenty to do. Valletta is the tiny capital city of Malta, a country composed of three islands in the Mediterranean Sea about 60 miles south of Sicily. More: 4 ways to earn big returns outside the stock market. 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. Cape Coral was named one of the top 25 places to retire by . Ready to take a long stroll down the list together? There's a lot to love about metal roofs, but they're not for everyone. Maui island is easily one of the most beautiful islands in the world. Are you confident in your retirement savings? The city incorporates the city of Coronado Beach. Aside from the lovely beaches, you can visit the local falls and hiking trails. We adhere to strict standards of editorial integrity to help you make decisions with confidence. Mississippis widely considered one of the cheapest cities to live in the U.S., but isnt always recommended for a retiree. This Gulf Coast city features some glorious nature trails and lagoons and wetlands. In Bay St. Louis, homes are valued at around $172,600 and youll pay around $1,140 in annual property taxes and $782 in monthly housing costs. The Most Affordable Places to Live on the East Coast. Total monthly expenditures: $2,073.51. 2) Key Biscayne Florida. 3. 1 / 100. 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. A median house price for those age 60 and older is $160,200. And it turns out, they share some common features that are particularly attractive for folks who are no longer congregating by the water cooler. Biloxi, which sits right next to Gulfport, is Americas most affordable beach city, according to SmartAsset. 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. For more content like this follow. In Essex, the median home value is just $191,400 compared to the states median home value of $370,300, according to Zillow. Learn how to handle home improvement projects in a way that protects both your home and your bottom line. Average Annual Salary: $52,970. This site is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. 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 . Homes are on the pricier end the median home value is $243,100, the most expensive on this list but youll only pay around $799 in annual property taxes and $901 in monthly housing costs. . And youll pay around $1,009 in annual property taxes and $455 in monthly housing costs. The current median house listing price is $210k. Best beaches in North Padre Island: Malaquite Beach - Lovely beach with changing facilities, outdoor shower, and covered picnic areas. Have a question? It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. 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. larry mcmillian / Shutterstock. The historic city boasts a vibrant downtown with shops and restaurants, 15 recreational parks (including a golf course), and waterfront views from both the mainland and the peninsula across the water. Our next dilemma: Is Seaside or Cannon Beach better? Situated about an hours drive north of West Palm Beach, Fort Pierce is a small city with 13 neighborhoods. It also ranks first on our list of the best places to retire in Georgia. Live everyday like youre at a summer resort at Ormond Beach in Florida and enjoy clear blue waters and peachy orange sands. Hilton Head Island, South Carolina. #29. Pensacola is Floridas most affordable beach city and its a beautiful place to retire, with idyllic white sand beaches, rivers, bayous and bays. Best Places 2022-2023 Rank: 117. Darien, Georgia. The tax burden in Exeter is low at just 11.3%. Looking to buy a home in Florida? 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. Narberth, Pennsylvania . Situated on the eastern shore of Biloxi Bay, Ocean Springs has a reputation as a historic town with a vibrant and eclectic arts community. Whether you prefer white sand beaches or majestic mountain ranges, read on to discover the best places to retire on the east coast. 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'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. State's tax rating for retirees: Most Tax Friendly. 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. One of the east coast cities that often gets overlooked but is well worth a visit. Talk to a financial adviser for even more help with stretching those retirement dollars. 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. Bay St. Louis lures visitors and new residents with its inviting downtown and easy access to community gathering spots, like local art galleries and restaurants. Just bear in mind that as a resident you will have to contend with crowds of tourists, especially in the summer. 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. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. About 27% of the citys 10,000 residents are aged 65 and up. The city features two state parks Tomoka and Bulow Creek which cover thousands of acres and protect various wildlife habitats and species. Some towns may appear a better option on paper, but things like safety, commute, and job scarcity may influence you to choose a city with a higher cost of living or more expensive properties. Canton, Georgia. It takes 15 minutes to get to everything Myrtle Beach has to offer without having to worry about traffic and stuff.. To hit the soft sand of beautiful Atlantic Beach, locals have to drive about seven minutes across the bridge. This scenic hamlet in the Beaver State offers many outdoor recreational activities for a retiree, as well as museums, full-service libraries, restaurants and shops, athletic clubs and cultural events. 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.. 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. If you have never been to this area it truly is beautiful. Beach vacations can be expensive, but luckily, a retiree in Ormond Beach doesnt have to drain their savings for a more permanent stay. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. If you need to break or get out of a lease, this is what you need to know. 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. and We've ordered each town from most to least populous to help you find your perfect slice of paradise. Im going to run through several options of affordable East Coast towns. 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. Metro Population: 698,537. As a retirement town, Lewes has lots of draws, including no sales tax and the third lowest real estate tax area in the country. "It's a popular gay retirement . Livability score: 78. It is built on high ground between two harbors overlooking . The South Florida hot spot is the seventh-most populous metro area in the U.S., and its beaches attract vacationers year-round. 10 of the Best Small Towns on the East Coast. All investing involves risk, including loss of principal. 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. Melbourne is situated just southeast of Orlandos massive, family-friendly theme parks, but it could be better suited to an older homeowner. Laidback New Smyrna Beach is a peaceful beach community of 23,000 located in the northern portion of Florida's east coast. And we go over some of the numbers taken from Census Bureaus 2019 five-year American Community Survey as well as what makes each city so great to retire in. #46. How much do we know? It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. 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. Miami. How Can You Tell If A Sea Urchin Is Edible. Stroll down the boardwalk for more entertainment options and shopping. - National rank: 56th best place to retire. People enjoy it.. 1. Both beach towns are lovely,, Read More Which Is Nicer, Huntington Beach Or Newport Beach?Continue, From Rockaway Beach to Lincoln City Beach, there are plenty of popular, family-friendly beaches in Oregon. Population 8,252. You may find yourself wondering, though, where exactly you want to spend your golden years. Biloxi, Mississippi, ranks at the top of our list as the most affordable beach town in America. New Smyrna Beach was the center of intense real estate speculation during the 1920 . 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. 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 income for a family in Atlantic City is $29,232, with a median house listing price of $179.9k. 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. These areas are active, scenic, and rich . You can also watch the annual Daytona 500 NASCAR race at the Daytona International Speedway. Median Home Price: $333,741. 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. Due to its small size, Swansboro will best suit those working remotely or in the tourism industry. Just an hour away from the bustling Big Apple lies Long Beach, New York. But while many beach communities are cost-prohibitive, a surprising number are within reach for those who aren't millionaires. 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. This story was published at an earlier date and has been updated with new information. 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! Oak Island is a nice quiet area to retire in. Dolphins, birds, and beaches are just some reasons retirees flock to Rehoboth Beach, Delaware. The lowest average on our list is Shreveport, Louisiana, at $374.77. Here's a look at the highest-rated coastal towns to retire. Get personalized advice from a financial advisor that understands your needs. The 20 top coastal towns in the UK for Brits to relocate to have been revealed in a new study and Margate in Kent has taken the top spot, famed for its glorious blue flag-certified beaches, affordable property prices and average hours of sunshine.. Beaufort, North Carolina. Fernandina Beach- Distance to the coast 0 miles. If you can telecommute or work remotely, you can easily access towns and cities that might have seemed impossible dreams. And explore the scenic trails at the Clam Bayou Nature Park. 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.