See how Vero Beach compares to other Florida cities when it comes to retirement.
No state income tax, low cost of living, warm weather, tons of beaches and relaxed lifestyle continue to be the draw.
Described as the "Carmel of the Atlantic", Vero Beach happily took the 4th spot in this years assessment of more than 300 seaside towns.
Known more for understated wealth and a cultured lifestyle rather than a retirement haven, the small seaside hamlet of Vero Beach, Florida is suddenly showing up on lists of top places to retire in Florida.
Last month, US News & World Report ranked Vero Beach number three of “8 Places to Retire in Florida" Data examined were indicators of home values, unemployment and poverty rates.
At the same time, SmartAsset, ranked Vero Beach among the “10 Best Places To Retire In Florida.” Their study considered taxes (both income and sales), number of Doctor’s offices and recreation/retirement centers per 1000 people.
The SmartAsset study had Naples, Florida in the number one spot with 28.4 Doctor’s Offices and highest recreation/retirement centers per 1000 people.
On the flip side, Vero Beach had 12.1 Doctor’s Offices per 1000 people and fewer recreation/retirement centers than Naples. But the percentage of seniors in Vero Beach was nearly half – 28% Vero Beach & 51% Naples – indicating that Vero Beach is a more age-diverse community.
SmartAsset has free, proprietary tools they’ve developed to help you look at retirement, taxes and income planning. Here’s the team at Smart Asset – pretty impressive.
NOTE: VeroBeach.com has no affiliation, and receives no compensation, from any company mentioned in this article. The Real Estate Editor of VeroBeach.com is a member of the National Association of Real Estate Editors (NAREE) and reports independently.