5 Great Reasons to Retire in Delaware

delaware-48a5909349abfc994dfbaa29c50be2c6

Delaware is a state known for its low taxes and beautiful beaches. These two factors and more make the small state in the Mid-Atlantic a great place to consider for retirement. With 32 age-restricted and active lifestyle communities spread throughout the state, there’s also something for an active adult looking for a new place to call home.

Delaware Offers a Low Cost of Living

One of the biggest benefits to Delaware is the low cost of living. Although slightly higher than the national average of home prices, Delaware housing remains very affordable. The surrounding Mid-Atlantic area, including the Philadelphia and Washington, D.C. regions, have much higher average home prices. New construction homes are available in many Delaware 55+ communities starting as low as the mid 200s.

Delaware is a Great Tax State

Add to the low cost of living all the tax benefits that Delaware offers and the state is even more attractive for active adults. Delaware is well-known for having no state or local sales tax, which means paying less for everyday items. However, there are also tax benefits specifically for those over 60. Delaware also does not consider Social Security retirement benefits in calculating income tax. Retirees who draw much of their income from Social Security will end up paying less in income tax. People over 60 drawing other types of pensions also receive a $12,500 exemption from state income taxes. Retirees under 60 can receive an exclusion of $2,000. Homeowners over 60 can also receive specific rebates.

Great Beaches & Seaside Towns

Delaware’s big draw in the region is the beautiful Atlantic beaches. The southern beaches of Bethany, Dewey, and Rehoboth are within a half an hour drive of each other. While Dewey and Bethany are known for being family-friendly and relaxed, the town of Rehoboth offers shopping, restaurants, and art galleries.

Beach lovers will find themselves at home in the communities of Cedar Bay and Bay Crossing. Cedar Bay is a small community of condos located just minutes from the ocean. Residents can enjoy swimming in the outdoor pool and exercising at the clubhouse.

Bay Crossing offers single-family and attached homes less than five miles from the beaches. Residents can enjoy swimming in the outdoor pool, exercising in the fitness room and dance studio, and exploring the trails and ponds within the expansive community.

Great Golfing & Communities 

The coastal Delmarva Peninsula is also a great place for golf courses. Active adults can choose from 50 courses across the state. Active adults who want golf to be an everyday part of their life will be at home in Heritage Shores. This large 55+ community in Southern Delaware includes an 18-hole golf course designed by Arthur Hills, putting greens, a driving range, and pro shop. Active adults will love all the amenities the community has to offer, including an expansive clubhouse, fitness and aquatic center, and walking and biking trails.

The Wilmington area has performing arts venues, restaurants, museums, and special events. While the city itself has small-town charm, nationally-known museums and attractions like Winterthur, Longwood Gardens, and the Brandywine valley offer 55+ adults activities throughout the year.

The Ponds at Bayberry is an age-restricted community building new homes in the Wilmington area. Upon completion, it will have 489 single-family homes ranging in size from 1,376 to 3,121 square feet of living space. A popular community in the city of Wilmington is Milltown Village. The small community of just over 100 single-family and attached homes are minutes from outlet shopping, the racetrack and casino, and state and local parks.

It’s an Ideal Location

The state is also centrally located in the region, with easy access to big cities and airports. Active adults who want to experience city life are only hours away from Baltimore, Washington, D.C., Philadelphia, and New York City.

Can you spot the $207,744 difference between these identical homes?

Financing is the difference!

Get the details in The 62+ Loan Homebuyers Guide.

55places Mortgage is a joint venture between Mutual of Omaha Mortgage and 55places.com.
Details here.

Share this post:

We're here to help! (800) 928-2055

Call us to speak with a customer service representative.

Subscribe to Our Newsletter

Get Weekly Updates

I agree that 55places and its affiliates, partner providers or agents may call, text, or email me about my inquiry, which may be made with automated means. I understand that my consent is not a prerequisite for buying a property. I may revoke my consent at any time by contacting [email protected] Message/data rates may apply. I also agree to 55places.com’s Privacy Policy and Terms of Use.

The Best Places to Snowbird in 2021

We’ve gathered 25 of the best places for snowbirds, including cities in Florida, Arizona, California, Texas, South Carolina, and Nevada. For each entry, we’ve also provided a list of recommended 55+ communities in the area. If you’re ready to find your own winter retreat this season, here are some of the best places to consider.

A senior couple takes a hike in a low-humidity state they chose for their retirement.

Retirement: What Are the Top 5 States With the Lowest Humidity?

There are many factors in deciding where to retire, and the weather can be one of them. Luckily, many of the states with nice weather also offer additional benefits for people over 60 and have several exciting active adult communities. Here are the four best states for a low-humidity retirement.

Lake view during autumn at dusk of Table Rock Mountain in Pickens, South Carolina.

5 Reasons To Consider a South Carolina Retirement

What does South Carolina have to offer active adults? A selection of over 80 active adult communities is just the beginning. These five reasons to consider a South Carolina retirement just might convince you that this southern coastal state has everything you’re looking for in a 55+ community.

The Best Places to Retire in South Carolina

South Carolina is known for having some of the best golf courses in the country, but that’s not all it has to offer active adults. The state has a rich history and culture, a wide selection of entertainment and recreation, and miles of beaches and coastal living.

North Carolina vs. South Carolina

The Carolinas are a power couple when it comes to maintaining an active lifestyle in an amazing climate, but they’re separated by more than just a border. A side-by-side comparison of the two can quickly show which is better for you when it comes to your interests and needs.

Exterior view of a model home at Del Webb Carolina Gardens, Fuquay-Varina, North Carolina on a sunny day.

55+ Communities With New Homes for Sale Near Raleigh

If you’re in the market for a new construction home in Raleigh, North Carolina there are plenty of options to consider. We’ve put together a list to help you start your search for the perfect neighborhood with new homes.

A woman playing pickleball in her 55+ community.

Raleigh Area 55+ Communities Big on Pickleball

With the pickleball’s rising popularity, many active adult communities across the country have taken heed and added pickleball courts to their lists of amenities. And, the Raleigh-Durham area–which is home to 40 active adult communities–is no different.

About 55places

We’re changing the way people 55 and older are searching for their perfect next place. With a national network of hand-selected real estate experts, plus comprehensive information, unbiased content, and on-the-go insight about thousands of communities across the country, we’re a trusted resource paving the way from here to home. Whether you’re interested in a low-maintenance single-level residence, an active lifestyle or age-qualified community, an intimate enclave, or anything in between, we can help you make your next move the best one yet.

Scroll to Top