# US Real Estate Analysis: Top Cities For Retirement Home Buying Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2021-06-16 Category: LIFESTYLE Category URL: https://financedigest.com/category/lifestyle Meta Title: Top Retirement Cities for Vaccinated Boomers Meta Description: Looking for the perfect place to retire? Explore the booming real estate markets in Rehoboth Beach, DE and Clearwater, FL. Find out more here! URL: https://financedigest.com/us-real-estate-analysis-top-cities-for-retirement-home-buyinghtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/senior-couple-standing-outside-front-door-of-homery81ur0bi-1736838278059-compressed.jpg) A post-pandemic retirement for some vaccinated boomers may look a lot different than what they imagined a few years ago. The recent increase in demand for real estate in some of the most popular retirement cities has now washed over into smaller towns and cities. All around the US, retirees are sweeping up sweet deals on newly renovated homes, as mortgage interest rates are still at nearly a record low. While the US [documented more than 3 million people](https://www.newstrail.com/latest-u-s-house-prices-trends-and-housing-market-analysis/) stepping into retirement in 2020 according to a recent article – some of these so-called retirees are changing the trend of traditional retirement homes and villas. While some states and larger cities remain popular among recent retirees, other factors such as [climate change](https://www.financedigest.com/scientists-in-germany-turn-up-heat-on-seagrass-in-climate-change-fight.html "Scientists in Germany turn up heat on seagrass in climate change fight"), remote working, better health care systems and similar are all playing a large part in the decision-making process. Although finding the right place to call home for the next part of your life isn’t the easiest thing to do, we’ve looked at some of the newest and best places to consider when [planning your retirement](https://www.financedigest.com/5-annuity-tips-to-know-for-2023-retirement-planning.html "5 Annuity Tips to Know for 2023 Retirement Planning"). ### North or South – Where do you go? #### **Rehoboth Beach, DE** For [years federal employees](https://www.financedigest.com/london-ranked-as-europes-most-attractive-city-for-businesses-and-employees-for-second-year-running.html "London ranked as Europe’s most attractive city for businesses and employees for second year running") from Washington D.C. made Rehoboth [Beach their summer](https://www.financedigest.com/top-10-uk-beaches-for-a-4g-summer.html "Top 10 UK beaches for a 4G summer") destination. In 2020, while most of the [country and the world](https://www.financedigest.com/richest-countries-in-the-world.html "Richest countries in the world") were restricted to their homes, many pre-retirees saw this as an opportunity to make Rehoboth Beach their permanent home. Today the small and quaint town, where Cape Henlopen [State](https://www.financedigest.com/seventy-three-percent-of-the-c-suite-state-that-increasing-visibility-into-network-and-application-performance-will-drive-business-innovation.html "Seventy-Three percent of the C-suite state that increasing visibility into network and application performance will drive business innovation ") Park meets the Delaware Bay and the Atlantic Ocean saw an increase of people aged 60 and over increased by more than 15% since 2015. Jay Lesko, Owner and Realtor of Iron Valley at the Beach mentioned that ‘it’s home of the 46th President Joe Biden, and the community of North Shores – situated between Cape Henlopen State Park, and the Atlantic Ocean offers magnificent views.’ #### **Clearwater, FL** Florida has been the #1 [place to retire for years](https://www.financedigest.com/see-in-the-new-year-with-a-new-home-at-jubilee-place.html "See In The New Year With A New Home At Jubilee Place"). But the devastating and lasting effects caused by [climate change](https://www.financedigest.com/climate-change-fight-a-core-duty-for-central-banks-ecbs-villeroy.html "Climate change fight a ‘core duty’ for central banks – ECB’s Villeroy") have many people changing their minds. Although the [big city](https://www.financedigest.com/downsizers-in-the-big-city-why-wembley-park-is-the-place-to-be-for-those-who-want-more-for-less.html "Downsizers in the big city – why Wembley Park is the place to be for those who want more for less  ") of Clearwater on the Gulf of Mexico and Tampa Bay offers some of the best year-round weather, retirees remain hesitant over hurricanes and other natural disasters. Although Clearwater has now state [income or estate tax](https://www.financedigest.com/the-sixteenth-amendment-and-income-tax.html "The Sixteenth Amendment And Income Tax"), many feel that they’re saving in the long run. A [recent review of Clearwater revealed](https://www.financedigest.com/recent-survey-of-cfos-reveals-what-finance-teams-should-be-prioritising-in-2021.html "Recent survey of CFOs reveals what finance teams should be prioritising in 2021") that doctors are abundant, and the area offers some beautiful natural attractions and cultural activities for those retirees. ### What can you expect? #### **Rehoboth Beach** As [Rehoboth beach real estate](https://www.bethanybeachdehomefinder.com/search/quick/PDQVLZZZ46V6BX9XL/homes-for-sale-in-rehoboth-beach) demand surges, the median house price starts at $650,000, above the national average. The small population of 1,600 residents has a median age of 64, and the average cost of [living is 50.8% higher than the US national](https://www.financedigest.com/still-living-at-home-a-third-of-the-nation-cant-afford-to-rent.html "Still living at home? A third of the nation can’t afford to rent") average. This small Delaware [community has some of the best living](https://www.financedigest.com/character-community-and-countryside-at-amen-corner-makes-for-ideal-living.html "Character, Community And Countryside At Amen Corner Makes For Ideal Living") conditions, outdoor recreation, but is impacted by seasonal weather. Although home prices and cost of living are above average, retirees are finding an improved [lifestyle and better living](https://www.financedigest.com/healthy-lifestyle-benefits-a-guide-to-better-living.html "Healthy lifestyle benefits – a guide to better living") conditions than in larger cities down south. #### **Clearwater** [Home prices](https://www.financedigest.com/hong-kong-home-prices-drop-15-6-in-2022-snap-13-years-of-gain.html "Hong Kong home prices drop 15.6% in 2022, snap 13 years of gain") might be 20% below the national average, starting at $260,000, but high crime rates in the city are becoming an increasing issue. A younger community, with a median [age of 44 might](https://www.financedigest.com/why-you-might-want-to-wait-until-age-70-to-claim-social-security-benefits.html "Why You Might Want to Wait Until Age 70 to Claim Social Security Benefits") make it a pleasant place for the whole family to move to. With low [unemployment rates](https://www.financedigest.com/spains-unemployment-rate-inches-up-to-12-87-in-q4-2022.html "Spain’s unemployment rate inches up to 12.87% in Q4 2022") (4.4%), and a median income of $43,000, the Clearwater community might be a great fit for some new retirees. FEMA’s natural hazards [risk lies at a moderate level](https://www.financedigest.com/global-political-volatility-is-leading-to-heightened-levels-of-political-violence-and-political-risk.html "Global political volatility is leading to heightened levels of political violence and political risk"), with yearly threats of hurricanes, and other stormy conditions. Although it’s larger than Rehoboth, with a population of over 100,000 some retirees might still find it too big of a city, and less relaxing than other smaller [towns or cities](https://www.financedigest.com/escape-the-city-for-picturesque-market-town.html "Escape The City For Picturesque Market Town"). It can be difficult to decide, or perhaps even start [planning your retirement](https://www.financedigest.com/5-retirement-planning-mistakes-to-avoid.html "5 Retirement planning mistakes to avoid"). Although both Rehoboth and Clearwater have something [attractive to offer](https://www.financedigest.com/innis-gunn-growth-plans-attract-investment-offer.html "INNIS & GUNN Growth Plans Attract Investment Offer") retirees – it partly boils down to the comfortability and affordability thereof. With an increasing number of new retirees stepping out of the workforce each year, [real estate](https://www.financedigest.com/gold-london-real-estate-and-the-theresa-may-effect.html "GOLD, LONDON REAL ESTATE AND THE THERESA MAY EFFECT") in quieter, and more remote places such as Rehoboth will become the best places to call your new permanent home. **This is a sponsored feature.** --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---