Delaware is a beautiful state on the East Coast that gives retirees the chance to enjoy a laidback beachfront lifestyle, without having to make the trek to swampy Florida. Retiring in Delaware will give you access to the historic charm of New England and beautiful beaches on the Atlantic Ocean.
NewHomeSource has named the top six cities for retirees in Delaware. Your dream retirement home awaits you in Delaware, in a community that fosters your dream lifestyle.
Top 6 Cities to Retire in Delaware
Percentage of the Population Over 65: 12.7%
Median Home Value: $169,400
Most Recent Annual Number of Violent Crimes: 1,153
Most Recent Annual Number of Property Crimes: 4,061
Number of Hospitals Within One Mile of the City: 10
Wilmington, DE is an affordable urban hub in Delaware, crossed by the Brandywine Creek. If you want to enjoy a luxurious East Coast retirement, with a price tag that won’t wreck your finances, Wilmington should be the first city that comes to mind as you search for the perfect retirement home.
Percentage of the Population Over 65: 13.9%
Median Home Value: $175,900
Most Recent Annual Number of Violent Crimes: 309
Most Recent Annual Number of Property Crimes: 1,898
Number of Hospitals Within One Mile of the City: 2
Dover is a charming city that serves up everything people love about living on the East Coast: easy access to the beach, historic architecture, and a funky culture. Retirees can make their dream of a coastal retirement a reality in Dover, and live a life they love on a reasonable budget in this Delaware gem.
Percentage of the Population Over 65: 20%
Median Home Value: $184,600
Most Recent Annual Number of Violent Crimes: 85
Most Recent Annual Number of Property Crimes: 565
Number of Hospitals Within One Mile of the City: 7
Retirees looking to stay active and enjoy Delaware’s striking natural beauty should consider making Milford their home. This beautiful town gives active adults easy access to the Atlantic Ocean, has a charming riverwalk, and numerous nature centers to explore. If you’re in the mood to walk on the wild side, you can head over to Milford’s funky breweries.
Percentage of the Population Over 65: 12.1%
Median Home Value: $187,800
Most Recent Annual Number of Violent Crimes: 50
Most Recent Annual Number of Property Crimes: 268
Number of Hospitals Within One Mile of the City: 1
Live a life you love on the shores of the Delaware Bay when you retire in Smyrna. This lovely and historic community lets retirees enjoy an unbeatable lifestyle, no matter how they want to spend their golden years. Numerous parks appeal to nature lovers of all ages, while Smyrna’s fun culture makes it easy to explore new events and experiences.
Percentage of the Population Over 65: 12.8%
Median Home Value: $274,900
Most Recent Annual Number of Violent Crimes: 135
Most Recent Annual Number of Property Crimes: 1,059
Number of Hospitals Within One Mile of the City: 5
Retirees looking to live in a college town can’t go wrong when they make their home in Newark, DE. This thriving home to the University of Delaware offers up a funky culture and an exciting urban lifestyle for people of all ages. Nature lovers have numerous parks and the Newark Reservoir to explore when they get tired of the urban jungle.
Percentage of the Population Over 65: 15.5%
Median Home Value: $288,200
Most Recent Annual Number of Violent Crimes: 81
Most Recent Annual Number of Property Crimes: 616
Number of Hospitals Within One Mile of the City: 11
Middletown, DE is a quaint and historic city on the banks of the Delaware River, perfect for retirees looking to enjoy the best the East Coast has to offer. Numerous trails and parks give Middletown plenty of natural beauty, and make it easy for active adults to stay healthy. Historic buildings and architecture give you new places to explore.
Common Questions About Retiring in Delaware
Delaware has a favorable tax code for retirees. Delaware has no state sales tax, no taxes on social security income, and allows a $12,500 deduction for income from pensions.
Delaware already boast of the 6th lowest property taxes in the nation at 0.56%. Homeowners over the age of 65 in Delaware can get a 50% tax credit against their school property taxes on their primary residence.
|City Name||People Over 65||Violent Crimes||Property Crimes||Access to Doctors||Median Home Price|
NewHomeSource pulled data from the FBI Uniform Crime Reporting Services, Medicare’s Hospital Compare and the U.S. Census Bureau. In the event exact crime data was unavailable, estimates were used. These factors were entered into an algorithm to calculate a score for each city.
Access to Doctors is calculated by finding the number of hospitals, discounting children’s hospitals and VA hospitals within one mile of the city.
After graduating in 2016 from The University of Texas with a degree in English, Sanda Brown became a content writer for the BDX with a focus on website copy and content marketing.
At the BDX, Sanda helps write and edit articles on NewHomeSource.com, writes website copy for builders, and manages a team of freelancers that work on additional content needs.