Jessup, MD 55+ active adult communities & homes for sale - Page 2

Jessup, Maryland is a neighborhood located in Howard and Anne Arundel counties, just 15 miles south of Baltimore and 40 miles north of Washington D.C in their shared metropolitan area. Its ideal location and relaxed environment have made 55+ communities in Jessup a desirable retirement destination.

Climate & Geography

The proximity of Maryland to the Atlantic Ocean keeps the climate at moderate temperatures with hot and humid summers, and mild winters. Residents of Jessup can also expect about 200 sunny days a year and less snow than the national average.

Mostly a residential area, the neighborhood sits on flat land interspersed with densely wooded areas.

Recreation, Culture & Entertainment

Jessup is home to quiet residential streets, a relaxed environment, and a tight-knit community. There are many nature areas where residents can find open fields and local parks, which are ideal for a family outing or barbecue. Not to mention, there are many local businesses, antique shops, and restaurants. Aside from this, it is only a 20 minute drive from Baltimore where residents can find world-class attractions such as the National Aquarium, American Visionary Art Museum, and the Baltimore Orioles national baseball stadium. The nation's capital, Washington D.C., is about 45 minutes away, and features many historic monuments and sites to visit.

Cost of Living & Taxes

The overall cost of living in Jessup is higher than both national and state averages, which is primarily due to its expensive cost of housing. While other factors such as groceries, utilities, and transportation are near average.

The effective income tax rate is 7.06 percent for single filers and 7.21 percent for joint filers. Social Security benefits are not taxed in Maryland and residents of the state can the federal taxes paid on Social Security benefits against their income on their state tax return. All other forms of retirement income are fully taxed, however residents 65+ can qualify for a deduction. Retired homeowners may also qualify for property tax deferral programs.

Health Care

Jessup 55+ community residents have several options for nearby health care. While there is only one hospital in Jessup, its location puts it in proximity to the best hospitals in Washington D.C and Baltimore. Baltimore is home to eight highly-rated hospitals, three of which are nationally ranked by U.S News. Additionally, Washington D.C is home to two nationally ranked hospitals and medical centers.