The Balance Menu Go. This hospitable town, billed as “The Nation’s Summer Capital”, was chosen by the AARP as a “Best Places to Retire”. However, not all states are a great place to retire. Do you want to retire in Delaware? Smyrna. Here are a few of the best places to put down roots in Delaware. Beach living is a retirement dream, and luckily there are plenty of options to choose from in Delaware. The Best Places to Retire in Delaware. The state of Delaware is a bit of a hidden gem when it comes to top spots for retirement. Updated 5/20 . Delaware allows Social Security benefits to be tax-exempt for retirees. You can also visit the Amish communities where folks get around on horse and buggy and live without public electricity. There are several reasons why retirees might want to consider living in Delaware. The best part, however, has to be the property prices. We’re aware that these uncertain times are limiting many aspects of life. After a lifetime of work, many look forward to a comfortable retirement. It is increasingly popular as a retirement community for active adults because of its small town character, reasonable prices, and fabulous beaches. Here are five great places to retire near Delaware beaches. Average commute time: 32.48. Cost of living index: 102.6. Camden . Per Capita Income in Delaware is 104% of the National Average and Ranks 15th in the Nation! We would like someplace about 1/2 hour from the beach.In a laid back area with reasonable housing. Delaware Cokesbury Village ... You might want to do a little research on the best place for your needs — but luckily, we have a few other resources that might be helpful. Let’s take a look at the top five benefits. 1) Delaware consistently ranks as one of the “Best Places to Retire.” The criteria used by this January 2020 Wallethub study is some of the best … It doesn’t hurt that the area is more affordable than surrounding states (Delaware has no sales tax) and that several major cities (Baltimore, Washington and Philadelphia) are within a two-hour drive. What makes it so attractive? The first of our best places to live in Delaware to be placed on the Delaware River, for those who want to be able to get out and about, Edgemoor is the place to come. 19. One of the best places to retire. ET Budgeting. Without further ado, here are the 10 best places to retire in Delaware. Delaware is a tax-friendly and affordable please for retirement in the U.S. So many decisions factor into finding the best places to retire. September, May and June are the most pleasant months in Lewes, while January and February are the least comfortable months. A beach at the Four Seasons Hotel Hualalai … For many a comfortable retirement means moving, according to the latest US Census bureau over half a million of adults over 65 moved states last year alone. Score: 11. Affordability, climate and quality of life are some considerations for choosing the best states for retirement. Yes!! In fact you may also be happy to hear that because there is no sales tax , Dover affords you tax free social security benefits including free income tax up to a … Free Retirement Calculator: When Can You Retire? I actually did that. In fact, a lot of states will leave retirees just scraping by. Delaware is a retirement oasis. It’s almost 40% seniors, it ties for the lowest tax burden on this list at 16.4% and it has 3 recreation centers per 1,000 residents. Homesnacks: Best Places to Retire in Delaware; I Sold My House: Moving to Delaware; Trusted Choice: A Guide to Moving to Delaware; Kiplinger: Best States for Low Taxes: 50 States Ranked for Taxes, 2019; Ruth. If you’re not yet convinced about Delaware, perhaps you could take a look at the 7 best places to retire in Connecticut. Active adults looking to retire in Delaware, flock to this state because of the many low tax benefits. We are looking for someplace where jobs are nearby. Many retirees sell their larger homes for considerable profit and can purchase a home in a good neighborhood for much less money in Delaware. Retire in Delaware: Finding the Best Retirement Locations. But as most Delaware residents would agree, almost every place here has its safe and not safe parts. The Rehoboth Beach Boardwalk was named by Reader’s Digest as Best of America. Summer never ends at the beach, and neither does the good life, which is why year after year, retirees choose Delaware. Dover Delaware Tops Kiplingers Best Place to Retire List; Delaware Ranks #3 for most Tax Friendly State; Delawareans earn 7th-best wages/salaries in U.S. Study Ranks Delaware # 1 for Work Environment; Delaware is Home to Tax Free Shopping!! And with low tax living (including no sales tax and property taxes that are some of the lowest in the nation), a low cost of living, and that coveted, relaxed lifestyle of Coastal Delaware, it’s … My answer is subjective, and everyone’s situation is different, but I am finding New Castle County a good place to retire. With the average family home costing just $169,300, Wyoming is one of the most affordable places to live in Delaware. 10. Here Are The 10 Best Places To Live in Delaware … and Why. Source: mmahaffie / Flickr. ! Hawaii. So just make sure you're informed ahead of time. This state guide to best places to retire in Delaware can help simplify your retirement research. Rehoboth Beach beach scene. The major advantage of living in the state, nicknamed "The First State," is it's tax-exempt Social Security benefits. The final selection represents 35 states. My life was turned upside down a few years ago as I experienced a burn-out. Editors and staff spent 11 months researching more than 800 cities. In fact, it tops the Kiplinger's Best States for Retirement 2015 list. Add Dover, Delaware to your list as this city not only has the lowest property tax in the United States, but is one of the cheapest places to retire. Retirees who dream of living near the Atlantic coast find the small state of Delaware, made up of only three counties, offers several affordable options. Delaware may not be the most obvious choice, but let’s take a closer look. We have small cities, acres of farm land, quaint colonial villages, and picturesque towns by the beach. Below are our recommendations for the best places to retire in Delaware. 1. The next best city to retire to is in the great state of Pennsylvania. Retire Here, Not There Retire Here, Not There: Delaware Published: March 19, 2014 at 5:00 a.m. 12. Setting Goals How to Make a Budget Best Budgeting Apps Managing Your Debt Credit Cards . Delaware Best Places to Retire - A Guide. Check below to see what other states made Expert Market's list of best places for women to retire. Gathering the most critical data from all states and then analyzing the numbers takes days to accomplish. It bundles farmland, suburbs and a lively downtown area all into one. Delaware Best Places to Retire - A Guide This state guide to best places to retire in Delaware can help simplify your retirement research. For each Delaware retirement town or active adult community profiled in "The First State" you will get detailed facts, objective insight, photo, Google Map, and more. Median home price: $156,500. Answer 1 of 10: I Will soon be retiring and my wife and me are looking for a good town/city to live Delaware. Southern Delaware has been selected as a top retirement destination in the sixth edition of “America’s 100 Best Places to Retire,” a comprehensive guidebook of the country’s most appealing retirement towns. Top 5 reasons more and more Boomers are choosing to retire to Delaware. Click on the destination links to find area description and characteristics, area amenities and things to do, climate and weather, housing options, cost of living, senior assistance, area demographics and job & volunteer opportunities. Charming Middletown is the kind of place picket fence dreams are made of. Middletown. Camden is a suburb of the state capital, Dover. The secret is out! New Castle County River Park and Fox Point State Park are wonderful places to explore in your free time. The Best Place for you to Retire is… By Meredith Miller on Jan. 5, 2015 For many, the prospect of retirement seems impossibly far away, something to be worried about at a later time. My wife is a Wilmington native and wanted to return home to retire, so we did. Also, adults who are 60 and better can exempt $12,500 of investment and pension income from state taxes. If you like variety, Lancaster is a dream town for retirement. 2020 Best Places to Retire in the Wilmington Area About this List Explore the best places to retire in the U.S. based on number of retirees, weather, and access to healthcare and entertainment. Delaware is a low-tax state, and is an easy drive to major metropolitan cities like Philadelphia and Baltimore, as well as the District of Columbia. There are so many reasons to retire in Delaware. Best Places to Live in Lewes, Delaware Small town - Delmarva Peninsula, 8 miles south of Delaware border. Check out our blog on the best retirement locations in Pennsylvania. 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