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retire

Finding the Best Places to Retire Since 2006!

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Retire in Satellite Beach, Florida?

Overview:  Satellite Beach is a barrier island town along Florida's eastcentral coast and is bordered by the Atlantic Ocean on the east and the Indian River on the west. It is also hemmed in by towns to the north and south, keeping it a quiet place that is almost entirely residential.

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Generally, areas with modest concrete brick homes are on the east side of town, while larger, more expensive neighborhoods, including beautiful, gated Tortoise Island, are along the canals and the river on the west side of town. There are nearly eight miles of sugar white sand, most lined with condominiums. Residents enjoy three attractive waterfront parks and share them with sea turtles who come to nest. There is also a dog park. Satellite Beach has been recognized for its responsible coastal management, and its Samsons Island Nature Park, which is only accessible by boat, is a city-owned habitat for osprey, tortoises and other creatures. Right whales cavort offshore. Surfing is a particularly favorite pastime.

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Small specialty stores are the shopping norm, but there is a Publix and a farmers' market. Good restaurants are plentiful and include seafood grills, thai places and pizza joints.

Population:   11,000 (city proper)

Age 45 or Better:  47%

Cost of Living:   12% above the national average

Median Home Price: $350,000

Climate:    Summer temperatures are in the 80s and 90s with high humidity levels and frequent rainstorms.  Winter temperatures are in the 60s and 70s.  On average, the city receives 48 inches of rain per year.

At Least One Hospital Accepts Medicare Patients?  No, but Melbourne, six miles away, has two hospitals that accept Medicare patients.

At Least One Hospital Accredited by Joint Commission?  No, but Melbourne, six miles away, has two hospitals that are accredited.

Public Transit:    Yes, but it is limited.

Crime Rate:   Well below the national average

Public Library:    Yes

Political Leanings:   Conservative

College Educated:  41% 

Is Florida Considered Tax Friendly for Retirement?    Yes

Cons:   Hurricane Irma in 2017 caused street flooding, downed trees and some property damage.

Notes:    The city is just five miles south of Patrick Air Force Base.  A large, active group of volunteers helps maintain the local wildlife habitats.  The city enjoys a reputation as a family friendly place and has maintained its population in the last decade.

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Recommended as a Retirement Spot?    Yes

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Florida:

Named Pascua Florida by Juan Ponce De Leon, the Sunshine State did not enter the Union until March 3, 1845. Balmy mild winters began attracting snowbirds to the state in the late 19th century. Retirees continue to flock to the state. It's not hard to see why tourism has become the leading industry.

International trade and citrus are also major contributors to the state's economy. Eighty percent of the nation's oranges and grapefruits are grown here, and 40 percent of all U.S. exports to Latin America flow through Florida.

Florida's landscape includes uplands and coastal plains. It contains more than 11,000 miles of waterways and about 4,500 islands spread across 10 acres.

The state has 1,250 golf course, more than any other state in the Union. The 47 mile Pinellas Trail is the longest urban trail on the east coast. Orlando theme parks attract more visitors than any other theme parks in the U.S. The only place in the world where alligators and crocodiles co-exist is in National Everglades Park.

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Stats:

Population - 20,612,439 

Persons 65 years old and over - 20%

High school graduates, persons age 25+ - 87% 

Bachelor's degree or higher, persons age 25+ - 27% 

Persons of Hispanic or Latino origin - 24% 

White persons, not Hispanic - 58% 

Median household income - $47,525 

Median home value - $159,900 

Social Security taxed? No

Source: U.S. Census Bureau

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