So you live in another mid-Atlantic state and you hear about friends, neighbors and even former co-workers retiring to tiny little Delaware, and you wonder why? Why on earth would you move to the second smallest state in the country, and in particular, the most rural county in that state?
Well, there are many reasons to move to Delaware and Maryland’s coastal region, reasons we’ve found over the years to be extremely compelling. Whatever nickname you decide to give to tiny Delaware, and believe me there are plenty going around, the First State, as well as neighboring Ocean City, Md., has plenty to offer.
So if you know of people moving here to live out their Golden Years and you can’t figure out why, well here’s hoping you’ll understand the appeal after reading this blog entry.
Here are just a few of the reasons:
With 26 miles of Atlantic coastline, six premier beach resorts, two beaches named among America’s cleanest by the National Resources Defense Council, entertainment galore during the summer months, tranquil beauty year-round and some of the best locally owned dining options anywhere along the East Coast, the beach is definitely the top draw in Delaware and Maryland’s coastal region.
And the best part is, these are still, for the most part, small town beaches devoid of many of the problems you see in larger Atlantic coastal resorts. So come here and enjoy all the Delaware and Maryland beaches have to offer – and catch a glimpse of what your neighbors are talking about.
Featuring no sales tax, no Social Security tax, no inheritance tax for most residents and some of the lowest property taxes in the country, living at or near the Delaware beaches makes great sense from a financial standpoint.
Oh, and those assessed values the property taxes are based on – home values have not been reassessed in southern Delaware since 1972, so you’re actually paying a low percentage based on what your property was worth more than 40 years ago!
Are you understanding now why people want to retire here?
The Proximity to the City
Another reason for living in Delaware and Maryland’s coastal region is the close proximity to several metropolitan areas, including Baltimore (about 2 hours), Washington (about 2 hours), Philadelphia (about 2 hours) and New York City (between 4-5 hours).
So, if you feel like escaping the small town lifestyle and partying it up in the big city for a day or two, you can do so relatively easily.
You’re at the beach, which automatically means a lower amount of stress in your life, right?
But living in the coastal region also means a slower pace of life, neighbors who you’ll get to know and become friends with, and even a less expensive cost of living.
So come on over to the beach and relax. Slow down and enjoy life for a bit.
There are now plenty of communities at and near the Delaware and Maryland beaches that are reserved for those over the age of 55.
In Delaware alone, Heritage Shores in Bridgeville, Cinderberry in Georgetown, Independence in Millsboro and Cedar Valley in Rehoboth Beach are just a few of the communities where seniors can relax and enjoy life with people their own age.
So, there you have it. Those are just a few of the reasons why the Delaware and Maryland beaches have become such popular retirement destinations over the last couple of decades, and why that will continue to be the case for the foreseeable future.
Come for a visit and see all that the region has to offer for those of retirement age. You may just decide to stay for awhile.
And as always, feel free to call the Oldfather Group today at 302-302-260-2000 to see how we can help you find that perfect retirement property.