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 Vol III   Issue 35                   September 17, 2008

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Below Average Cost-of-Living


Average Cost-of-Living

Above Average Cost-of-Living

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Real Estate for Retirement

 

 

 

 

Active Adult Living

 

 

 

 

Master Planned Retirement Development

 

 

Historic New Bern, North Carolina Offers Plentiful Recreation and a Moderate Cost-of-Living

Cost of Living:  Meets the National Average

New Bern, a city of nearly 28,000 people, lies in North Carolina’s historic Inner Bank region where the Neuse and Trent rivers converge.  It is about 30 miles from Pamlico Sound and the Atlantic Ocean and is the second oldest town in North Carolina.  Settled by European immigrants in the early 18th century, New Bern served as the state capitol for a time and today has developed into a prosperous, progressive and popular community where retirees enjoy a high quality of life in a generally mild climate.  Of the population, 23% is age 45 to 64, and 18% is 65 years of age or above.

 

 

 

The cost-of-living in New Bern is cited as being nearly 20% lower than the national average, but the median home price ($234,000) is above the national average, leading us to conclude that the overall cost of living meets the national average.   Food, housing, health care, transportation, entertainment, repairs, clothing, etc. are each less than the U.S. average.   Housing is diverse, encompassing single family homes, town homes and condominiums, and the New Bern historic districts consist of elegantly renovated homes along with houses waiting to be revived to their original dignified condition.  

 

Within these old districts many buildings are given historic register status (New Bern has more than 150 designated historic structures), and such a status often generates neighborhood revitalization, which has certainly occurred in New Bern.   In the downtown historic district, listing prices can vary from about $250,000 for smaller homes to around $900,000 for stately old houses close to the river. Other historic districts contain homes, both charmingly restored and those needing rehabilitation, which are listed for less than those in the downtown district.

Nearby neighborhoods that have country club amenities such as golf and/or boating, tennis, swimming, and other include (but are not limited to) Greenbrier, Trent Woods, River Bend, Brice Creek, Fairfield Harbour, Taberna, and Carolina Pines.   Housing prices in these neighborhoods can start from the low $200,000s and will extend much higher, depending upon the local ambiance, amenities, conveniences, and home size.

New Bern, North Carolina


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This is an interactive map.  Click on the arrows in the upper left hand corner to move the map to the East, West, North or South, and click (more than once if necessary) on the +/- signs to zoom in and out.

More modest neighborhoods such as Village Woods, Derby Park, Colony Estates, and Forest Park feature one-story houses with attached garages (or no garage) and small yards. These homes are generally well maintained and perfect for a retired person or couple.   Listing prices of these homes start in the low $100,000s.  Some attractive mobile home parks also exist in the New Bern area. 

Retirement housing for those who need extra day-to-day living care is also widely available, and more well-known establishments include: The Courtyards at Berne Village (252.633.1779), Homeplace of New Bern (252.637.7332), Two Rivers Trent Campus (252.638.6001) and Two Rivers Neuse Campus (252.634.2560). 

Newcomers also generally appreciate the region’s moderate property taxes.  New Bern and Craven County taxes total $1.08 per $100 assessed property value (New Bern $.47 and Craven County $.61). Outside city limits, some communities assess taxes, homeowner fees, and/or amenity charges in lieu of city taxes.

Regardless of whether one likes indoor or outdoor activities, the New Bern area has lots of cultural, educational, and historical attractions.  Touring the restored Tryon Palace Historic Sites and Gardens will take one on a historical journey. With its four beautiful homes furnished with priceless 18th century antiques and art, a variety of exquisite gardens, and lively and well-done demonstrations of period crafts, cooking and blacksmithing, a visit to Tyron is unique. The Croatan National Forest offers outdoor recreation opportunities to camp, picnic, hike, hunt, and fish. This 159,00-acre tract was a site of one of the region’s battles during the Civil War.  Twenty minutes from New Bern (in Havelock, NC ) is the USMC Aviation Exhibit, which features the history of Marine Corps aviation.  One can spend some time viewing restored aircraft, scaled models, historic photographs, and Marine Corps artifacts.  For performance buffs, the New Bern Civic Theatre presents varied dramas, comedies, musicals, and other entertainment. City tours by trolley or carriage along with the Firemen’s Museum, the Bank of the Arts, the New Bern Academy Museum, and the Attmore-Oliver House round out local activities for all folks. 

Retail shopping abounds in New Bern.   Shoppers can find malls and centers with large department stores, grocery markets, and other retail services. While browsing historic downtown they will discover specialty shops and boutiques. Those who enjoy restaurant dining can find many establishments suited to their tastes. 

New Bern, North Carolina, Continued....


Great Retirement Spots Newsletter is published four times a month by Webwerxx, Inc.  2770 S. Elmira St., #152, Denver, CO  80231. (303) 358-0512.  Copyright © 2006-2008.  All rights reserved.  No part of this electronic publication may be reproduced without the express written consent of Webwerxx, Inc.  All attempts were made to verify the accuracy of the information contained in this bulletin, but some information may have changed since publication. Webwerxx, Inc. cannot be held responsible for information that has changed since this publication appeared online.  Please contact us at staff@greatretirementspots.com if you have questions or comments.  


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