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Active Retirement
Real Estate for Retirement
Active Adult 55+
Master Planned Communities
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| Picturesque Coeur
d'Alene (pronounced Core-da-lane) is home to
40,000
people and is nestled along sparkling Lake Coeur
d'Alene (one of the largest freshwater lakes in
North America) in the beautiful and rugged northwest
corner of Idaho's panhandle. Founded as a
trading post in the late 1800s, the area's untamed
wilderness drew fur trappers, miners and
explorers, and today it beckons to those seeking
an active, outdoorsy retirement in a rugged
setting. Of Coeur d'Alene's population, 21%
is age 45 to 64, and 15% is age 65 and above. |
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Surrounded by mountains and
seemingly endless forests (and with more than 60 lakes
within 60 miles), this pretty town has a cozy feeling and is
home to an emerging arts colony. Where
vacant spaces and watercraft rental shops once dominated the
downtown, colorfully painted moose, public art and statues
now exist. Thanks to its somewhat remote location and
beautiful scenery, the cost of living is high, roughly 10%
above the national average, but the quality of life seems
worth the price. The median home price is
$225,000, but there appears to a good supply of modest homes
in the mid- to high-$100,000s as well as a good selection of
upscale homes with prices starting in the $300,000s and
reaching into the millions. |
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Nestled in the pines on the outskirts of town are several manufactured home communities,
two of which are Northwood
Estates and Oak Crest Mobile Home Park; prices
start at $35,000 and can reach $110,000. Apartments
are not in abundance but average about $650 per month for a one
bedroom unit and $800 per month for a two bedroom unit.
And just outside of Coeur d'Alene in the town of Rathdrum is the
retirement community of Golden
Spikes Estates (article from 2006).
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 on the +/- signs to zoom in
and out.
Real
estate is assessed at its full market value, and the average
property tax rate is 1.18%. A homeowner's primary
residence is eligible for an exemption of 50% of the assessed
value of the home, up to a maximum of $104,471 (2009).
Qualified homeowners, those who own and occupy their homes, meet
certain income requirements and are at least 65, may be
eligible for the circuit breaker program, which may reduce property taxes by as much as $1,320. There
is no intangible personal property tax, and Social
Security is exempt from state income taxes. Taxpayers may
also receive a partial tax exemption for civil service and military
retirement income received after age 65 (62 if
disabled). Out-of-state government pensions are fully
taxed.
Coeur
d'Alene, Idaho, Continued...
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