North Carolina has been making headlines for several years as an emerging place to retire. Some of the retirees that have moved here have even earned the nickname “halfbacks,” referring to people who have moved halfway back home from a short stay in Florida.
But North Carolina is a large state, and its diversity continues to draw people looking for a variety of atmospheres and lifestyles. Whether you’re just getting ready to retire or aren’t happy with where you initially landed, here are some of the top reasons that people choose to retire to the North Carolina coast.
Reasons to Retire to the North Carolina Coast
North Carolina has long been recognized for its gracious hospitality and natural diversity. These characteristics also make it an incredibly popular retirement destination. Retirees have plenty of choices of where to settle down in the state. Here is why many are choosing to do so along the coast:
1. Miles and Miles of Beaches
When you retire to the coast of North Carolina, you get the benefit of over 300 miles of beaches, so you’re sure to find one or several that you’ll love. Each beach has a distinctive feeling and vibe, and many are bordered by quaint coastal towns.
The Outer Banks (OBX) are barrier islands off the state’s coast that include Ocracoke, Hatteras Island, Bodie Island, and Roanoke Island. These are popular places for exploring nature and relaxing.
2. Fantastic Tax Breaks
When you move to North Carolina, even the coastal area, you won’t have to pay taxes on your Social Security income. The state also has no state estate tax, low income tax rates, and a pro-business environment that makes it an attractive place to start a post-retirement business.
3. Low Cost of Living
Even though North Carolina is a popular retirement destination, it remains incredibly affordable. Compared to the national average, the cost of living in the state is five points lower. Housing, transportation, and utilities are all below the national average.
4. Tons of Amenities
The pro-business environment in North Carolina also means that others have opened businesses in the area that want to serve retirees and others. If you retire near the coast, you’ll find plenty of shopping, dining, and cultural activities to stay busy day after day. There are over 30 golf courses in the Brunswick area alone.
If you need medical care, that is available as well. There are four major hospitals located in the New Hanover, Brunswick, and north Horry County areas. The area is simple to navigate with major roads, and you can fly in and out using several major international airports.
5. Endless Historical Sites
North Carolina is home to a wealth of historical sites, including the USS North Carolina Battleship, Civil War battlefields, the country’s first documented gold find, and the Thomas Wolfe Memorial. You can spend weekends accessing many of these sites and getting drawn into the history of the region and the nation.
6. Growing Choices Among 55+ Communities
If you’re going to buy a retirement home, you want to make the right choice. Fortunately, you have an exciting number of options in the Wilmington, NC area. There are roughly twenty 55+ communities throughout Brunswick and New Hanover Counties. Many of these include amenities like clubhouses, golf courses, tennis courts, pools, and organized social groups to help you make the most of coastal retirement living.
Ready to Retire to the NC Coast?
Planning a move during retirement can be overwhelming. Fortunately, you don’t have to do this on your own. At Creekmore Realty, we specialize in relocation for active adults, 55+, and second home purchases. Our office offers clients the benefit of our extensive knowledge of the amenity communities and plantations throughout Brunswick and New Hanover County.
If you have questions about the area or need help planning and executing a successful retirement move to the North Carolina Coast, contact us today to learn more about how we can help.