The retirement age has come and you're not sure where you want to spend your golden days. You probably have heard that a good place to retire is South Carolina. And, that is exactly right! In this video, I will give you the top 5 reasons why South Carolina is a good place to retire and where is a good place to retire in South Carolina.
#1 - Mild weather.
While summers in South Carolina get hot and humid, the winters are mild. The sub-tropical climate makes this place an ideal one for those ushering in the golden age. Living by the ocean may sometimes be cooler than the Piedmont region found in our Palmetto State.
#2 - The historic cities.
The cities in South Carolina have a rich history. Think of Charleston, it is very famous, rich with history, and the place where the Civil War started. Charleston is not the only city with preserved history, there are others like Beaufort and Bluffton.
#3 - Cost of living.
If you live in South Carolina, you find that it is less expensive compared to many other states. The cost of living here is ranked 27th lowest in the nation. The median home value was placed at $140,300 as of late 2016 when the U.S. median was $191,200. In some selected active adult communities, prices can be higher. For example, in the town of Hilton Head and in Greenville, SC, where the median home prices reached $191,900 as of 2016.
#4 - Retiree benefits.
If you are aged 65 and above and you are a resident of South Carolina who has lived in their house at least for a year, you can take advantage of the Homestead Tax Exemption. In this program, you are exempted from all property taxes on the first $50,000 fair market value of the primary residence you own. This exemption also applies to other properties such as those held in revocable trust. The program is also extended to surviving spouses of 50 years and above.
There are also other retiree benefits which you may qualify for such as the choice to or not to serve on state, county, or city jury duty. You can enjoy discounted admission fees charged to visit state park facilities. If you have a residency in South Carolina for at least one year, you can get free fishing and hunting licenses. In state supported education institutions, if there is space available, you can get free tuition.
#5 - The Active Adult Communities.
South Carolina is spotted as one of the fastest growing active adult community places. With the big names in the business including Del Webb, Pulte Homes, K. Hovnanian, and Minto Communities, this says something about South Carolina. So, Where Is A Good Place To Retire In South Carolina? We think the Charleston Area. You can be sure you will find a home in areas like Charleston and Summerville, among other places across our beautiful city.
If you are asking yourself, “Should I retire in South Carolina or North Carolina?”, in our opinion you should really consider South Carolina. For more information about retiring in South Carolina, visit 55PlusHomes.info.
Then, call Debra Whitfield at (843) 367-4845 to talk with an award-winning and seasoned Realtor.
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