What are the Benefits of an Urban Retirement?

Most surveys report that many people want to retire in a small town or rural location.  Yet an urban retirement has benefits, too. It is true that cities are usually more expensive than small towns, and cities sometimes have a higher crime rate than less populated areas, but they generally have a bounty of amenities - theater, museums, movies, shopping, sporting events, etc. - that smaller towns cannot match.  Health care facilities are often more sophisticated; dining options are usually more varied and transportation options are generally more in-depth than in small towns.  And residents usually come from a wide socioeconomic spectrum, creating an interesting tapestry of cultures and viewpoints.   So while small towns and rural spots have a lot to offer and always will, cities are worth a look at retirement time, too.

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Lewes Population:  3,000 |  Percentage Age 45 or Better:  64%  |  Cost of Living:  55% Above U.S. Average  | Crime Rate:  Below U.S. Average

31566 Rachel Ave., Lewes, Delaware   19958

(320) 945- 8135

180 single family homes

Age Restriction:  All-ages waterfront and boating community

Priced from the $276,900

Web Site

Rehoboth Bay private beach, amazing views, bayfront pool, jogging and walking trails

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Delaware Stats:

Population, year 2009 estimate - 897,934

Persons 65 years old and over, year 2009 - 14.3%

High school graduates, percent of persons age 25+, year 2000 - 86.5%

Bachelor's degree or higher, pct of persons age 25+, year 2000 - 27.5%

Persons of Hispanic or Latino origin, percent, year 2009 - 8.2%

White persons, not Hispanic, percent, year 2009 - 65.3%

Median household income, year 2008 - $56,985

Social Security taxed?   No

Source: U.S. Census Bureau

 

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