The Best Beach Towns to Retire in the U.S. Check out No. 5 & 1

On: May 15, 2020
By: Abhishek Dey

Many people think about retirement in a beach town. But a remote beach area isn’t always the right fit for retirees, who also need access to amenities and services, such as quality health care and transportation options. There has been an analysis that compared the 100 largest metropolitan areas in the United States as potential retirement spots, including data on housing affordability, happiness, desirability, retiree taxes, the job market and access to quality health care. Here’s a look at the highest-rated coastal towns to retire in the US.

10. Fort Myers, Florida

The Fort Myers metro area is located along the Caloosahatchee River near Florida’s Gulf Coast. The mild winter weather makes Fort Myers a popular beach retirement destination, and the low cost of living makes it easy to relocate to Fort Myers. The median home price in the Fort Myers metro area, which also includes Cape Coral, is $200,200, which costs retirees a median of $1,364 per month with a mortgage and $562 for a paid-off home. Renters get to spend their retirement years boating, fishing or strolling along the beach in Fort Myers for a median of $1,033 per month. You can take a look at mortgage rates in Florida and choose between 30-year fixed mortgage rate, 15-year fixed mortgage rate, 5/1 ARM mortgage rate, and 30-year fixed refinance rate. Here is a list of 10 best Florida mortgage lenders of 2020.

Population: 88,000
Median House Value at Fort Myers, Florida: $208,200
Median Monthly Rent at Fort Myers, Florida: $969

When it comes time to find a mortgage lender, there are a number of factors you’ll want to consider before making your decision. Maybe you’re looking for the lowest rates and fees, or perhaps you’re trying to find an online lender. This city continued to flourish as the Atlantic Coast Line Railroad offered greater access in the early 1900s. Development continued in the growing area, including the construction of the Arcade Theater in 1908. According to the most recent ACS, the racial composition of Fort Myers was:

  • White: 64.16%
  • Black or African American: 23.77%
  • Other race: 7.27%
  • Asian: 2.75%
  • Two or more races: 1.88%
  • Native Hawaiian or Pacific Islander: 0.12%
  • Native American: 0.05%
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