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retire

Finding the Best Places to Retire Since 2006!

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Retire in Newport, Oregon?

Overview:      On Oregon's rugged central coast, nautical Newport sits on the north side of Yaquina Bay and is connected to points south by a stunning 1936 arch bridge.   It was named after the upscale Rhode Island town and has a history as a steamboat port.  Today it is home to Oregon State University's Hatfield Marine Science Center and the Oregon Coast Aquarium.

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Newport has five miles of public beaches - best for beachcombing, not swimming - a picturesque marina and Oregon's largest commercial fishing fleet (which is usually in search of Dungeness crab).   The downtown has brick streets, galleries and art deco architecture from the 1920s and 1930s.  Five distinct neighborhoods ooze character, and housing ranges from colorful hillside town houses to beachfront bungalows.  The historic Nye Beach neighborhood dates from 1866 and has shopping, galleries and eateries along the water.  The Bayfront neighborhood also boasts galleries and shops.  Residents enjoy a craft brewery, two community theaters, three dance companies and two small museums. 

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The Newport Symphony Orchestra is a professional company, and Writers on the Edge manages an award-winning Nye Beach reading/writing series. The Oregon Coast Council for the Arts operates two beautiful venues, the Visual Arts Center and the Performing Arts Center. Plays, jazz ensembles, exhibits and much more occur regularly.  Most stores are of the specialty type, although there is a grocery store. Residents travel to Eugene and Salem for indepth shopping. Two lighthouses mark the landscape, and gray whales are sometimes seen playing offshore.

Population:  10,500 (city proper)

Percentage of Population Age 45 or Better:  50%

Cost of Living:  11% above the national average 

Median Home Price: $240,000

Climate:   The area receives, on average, 65 inches of rainfall each year, much of it during winter months when temperatures are in the 40s and 50s.    Summer mornings often start with fog, but it usually clears out by late morning or early afternoon as temperatures reach the 50s, 60s and low-70s. The wind often blows.

At Least One Hospital Accepts Medicare Patients? Yes

At Least One Accredited by Joint Commission?   Yes

Public Transit:   Yes, a shuttle bus

Crime Rate:   Meets the national average

Public Library: Yes

Political Leanings:   Liberal

Is Oregon Considered Tax Friendly for Retirement?    No

Cons: None

Notes:  Newport is isolated, and the nearest airport is in Eugene.

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Recommended as a Retirement Spot?    Yes

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Oregon:

Oregon became a territory in 1846, but its request to become a state was bogged down by Congress and the free versus slave state debate. Southern politicians finally allowed Oregon to enter the Union as a free state on February 14, 1859.

Although the 42nd parallel marks its southern border, water delineates most of the Beaver State's boundaries. The Columbia River separates Washington from Oregon on the north. The Snake River helps form the state's eastern border with Idaho. The Pacific Ocean is on its western edge.

Oregon is one of the country's most geographically diverse states and is characterized by volcanoes, dense forests, high deserts, and abundant bodies of water. For its latitude, its climate is mild. Mount Hood, at 11,249 feet, is the state's highest point. Crater Lake, the center of the state's only national park, is the deepest lake in the United States.

Timber, fishing, and hydroelectric power have pushed the state's economy in the past. Technology, however, is finding a firm footing. Tektronix and Intel helped establish the state's Silicon Forest. Notable companies who are or have been part of the forest include Google, eBay, Airbnb, and WebMD. Sportswear companies like Columbia and Nike also bring in billions to the state.

Portland, the state's most populous city, has more breweries in its boundaries than any other in the world. As of 2016, there were more than 60. The city boasts the world's smallest park. Mill Ends Park, dedicated in 1948, is a total of 452 square feet.

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Stats:

Population - 4,093,465

Persons 65 years old and over - 17%

High school graduates, persons age 25+ - 89%

Bachelor's degree or higher, age 25+ - 31%

Persons of Hispanic or Latino origin - 12%

White persons, not Hispanic - 76%

Median household income - $51,243

Median home value - $237,300

Social Security taxed? No

Source: U.S. Census Bureau

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