9 Best Places to Retire on the East Coast
Retirees can choose from four seasons or year-round summer on the Atlantic Coast.
By Patricia Doherty Published on August 27, 2024
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Myrtle Beach, South Carolina
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“Myrtle Beach is more than just a vacation destination; it’s a vibrant place to live with 14 unique communities offering a quality of life that’s hard to beat. With 60 miles of beautiful coastline, a mild climate year-round, and a thriving local economy, it’s no wonder families choose to call Myrtle Beach home,” says Karen Riordan, Visit Myrtle Beach president and CEO.
Here, visitors and locals are treated to world-class golf, plenty of dining and entertainment options, and welcoming Southern hospitality. “Visitors are often so enchanted by Myrtle Beach’s charm that they decide to make this beautiful place their permanent residence,” Riordan adds.
Considered a retirement-friendly state, South Carolina does not tax Social Security. Other types of retirement income are taxable, with a $10,000 deduction, at a marginal state rate of three percent. Property taxes are some of the lowest in the country. South Carolina does not levy estate or inheritance taxes.
Niche notes a median home value of $287,900 in Myrtle Beach. From private homes to high-rise condos, the city offers a range of places to live at a variety of price points.