Are you thinking about kicking off your shoes and enjoying retirement in a beach community?
If so, you may be overwhelmed with choosing which city to choose. Maybe you're thinking about Myrtle Beach or maybe it hasn't crossed your mind.
From low housing costs, tax benefits, and outstanding beaches, Myrtle Beach has a lot to offer retirees.
Here are the top ten reasons why you should look into Myrtle Beach condos as your new home.
1. Low Costs
The composite index for the cost of living in Myrtle Beach is among the lowest of U.S. cities. The sales tax is only 6% and property taxes are low.
Myrtle Beach homes are surprisingly affordable, especially when compared to other beach communities.
The current median home price is $123,900. You can find Myrtle Beach condos for under $100,000 or rent an apartment for an average monthly price of $669.
With the South Carolina Homestead Exemption, homeowners over 65 do not have to pay taxes on the first $50,000 of their legal residence. That adds up to a lot of savings.
South Carolina has additional tax benefits for its retired residents.
The state does not tax social security income or railroad retirement income. This means getting more of YOUR money in YOUR pocket.
South Carolina also allows annual tax deductions from $3,000 to $15,000 for retirees and senior citizens.
Plus, there are no intangible taxes to worry about. Intangible taxes are annual state taxes on current market values of properties and securities.
2. 55+ Communities
It's time to kick back, relax, and reap the rewards of all those years of hard work.
Noone will blame you if you want to enjoy retirement in a peaceful and quiet community among people your own age.
Myrtle Beach has a multitude of age-restricted communities for people like you. They offer more than just peace and quiet.
They come with amenities such as pools, recreational activities and groups, get-togethers, clubhouses, libraries, restaurants, bars, and more. Some retirement communities also have handy services such as maintenance, housekeeping, and health care services.
Whatever your hobbies may be, you're likely to find Myrtle Beach condos in a 55+ community that has something to fulfill your interest.
Another great thing about Myrtle Beach age-restricted communities is their affordability. For example, you can find a home in Myrtle Beach Golf and Yacht Club within the $100s.
3. Top-Notch Health Care
Myrtle Beach is home to award-winning and globally recognized medical centers and physicians. They are also known for using the most advanced technologies and treatments available.
There are three large healthcare and hospital systems in Myrtle Beach, so your options will never be limited. They are spread out so that, if needed, you can find Myrtle Beach condos near a health facility.
Grand Strand Regional Medical Center, Georgetown Hospital system, and Loris Healthcare system all use satellite facilities, 24-hour emergency services, and offer specialty care.
Grand Strand is among the top 5% of U.S. hospitals and ranked number one in South Carolina for heart surgery. It is also a teaching facility where some of the best doctors teach and train prestigious graduate students.
Georgetown's Waccamaw Community Hospital has received awards for its innovated programs and business.
4. Weather
This one is a no-brainer. Many retirees choose Myrtle Beach for its temperate climate and for good reason.
The average temperature in Myrtle Beach is 74 degrees Fahrenheit. It rarely gets below 40 degrees or over 90 degrees Fahrenheit. This is why Myrtle Beach is ranked as one of the most comfortable climates in the U.S.
The 218 average days of sunshine per year make Myrtle Beach the perfect place to relax and enjoy oneself.
The temperate weather also allows for comfortable outdoor activities all year round. Yep. That's right. Golf, shuffleboard, bike riding, whatever your passion, you can probably do it all year.
The absence of cold weather also helps to prevent aching joints and allergies.
With weather like this, you'll never want to stay inside Myrtle Beach condos for long.
5. Beaches
Myrtle Beach is part of the Grand Strand-- a world ranked 60 mile stretch of Atlantic beaches.
It is home to many different beaches that offer gorgeous views, excellent fishing and crabbing, nature watching, and family activities.
South Carolina beaches have their own unique charm. They feature grassy plants, lighthouses, piers, and beautiful light sand.
With shopping and eateries nearby, both locals and tourists love Myrtle beaches. Garden City Beach and Surfside Beach are popular choices for a quiet and peaceful spot.
Then there is Myrtle Beach, 2nd Ave Pier, the boardwalk, and South Myrtle Beach where you'll find more people, activities, and excitement.
Many beaches are connected to rivers and channels making them perfect for boating and fishing.
The best part-- you can find Myrtle Beach condos right on the beach if you desire. You'd never have to miss a beach sunset.
6. Outdoor Activities
The warm climate, sunshine, beaches, and communities allow the perfect place for outdoor activities.
There are more than 100 golf courses in the Myrtle Beach area. Some of which are designed for and played by professional golfers. Whether you're a skilled golfer or just picking it up, there is a course in Myrtle Beach for you.
Many of the courses also offer memberships that come with special rates, benefits, and social activities.
Other outdoor activities you can find at large in Myrtle Beach include boating, fishing, shuffleboard, horseshoes, biking, tennis, walking, and more.
There is something for everyone; even if your favorite activity is sitting on patios of Myrtle Beach condos with a drink in your hand.
7. Shopping and Dining
Myrtle Beach is the perfect place for those who love to shop and those who love to eat.
There are tons and tons of shopping venues from local boutiques to large chains. Many are in walking vicinity of each other. You can make a whole day out of walking around Myrtle Beach shops.
Myrtle Beach is also home to some renowned dining options. From home-cooked southern meals to ethnic 5-star cuisine, the Myrtle Beach restaurant scene has something for every appetite.
Of course, you can't forget about the seafood. Myrtle Beach is a seafood lovers paradise.
Find Myrtle Beach condos next to your favorite restaurants and you never have to argue about what's for dinner.
8. Community
The community is important to Myrtle Beach residents. There are lots of community organizations and ways to get involved.
Myrtle Beach has various religious groups, more than 50 art organizations, professional associations, volunteer groups, recreational groups, and more.
There is also an emphasis on inclusion in Myrtle Beach, which is likely due to the southern hospitality and friendliness of the area.
It is likely that there will be some sort of community group in your Myrtle Beach Condos complex.
9. Southern Charm
Southern hospitality is actually a real thing (I have experienced it myself). There is no better place to retire than someplace where people are friendly and caring.
That is one reason why Myrtle Beach makes a great retirement location.
The people are simply nice and they will make living there even nicer.
South Carolina and Myrtle Beach also have a unique cultural charm.
The historical elements, such as the old buildings, colonial style homes, and carriage rides, give the city character and southern charm.
The amusement park brings you back to local childhood fairs and festivals. The culture of Myrtle Beach and the coast of South Carolina is also something you won't find anywhere else in the U.S.
A mix of salt life and southern flair makes Myrtle Beach unique indeed.
People from all over the world live and visit this city, making Myrtle Beach a place that never gets boring.
10. Employment
Where there's tourism there are job opportunities.
Whether you start to miss working or you want to supplement your retirement income, Myrtle Beach has many employment opportunities.
There are consistent professional positions and part-time jobs available in Myrtle Beach. You can also find them in almost any industry.
Even if you just want to volunteer your time, there are options for that too.
Search Myrtle Beach Condos Today
Retirement is an exciting time to reap the rewards of all your hard work and spend more time enjoying life and loved ones.
Myrtle Beach offers the perfect and affordable place to do just that.
Start your search for the perfect Myrtle Beach condos today.
Our online advanced search option allows you to find exactly what you're looking for in a condo. You can choose everything from the neighborhood, subdivision, size, construction year, and more.
You can also stay up to date with our market reports.
Contact us today to speak with our licensed agents. They're ready to help you find your new forever home.
843-839-9870