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retire

Finding the Best Places to Retire Since 2006!

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Retire in Edgewater, Florida?

Overview:  Originally called Hawks Park, Edgewater is a quiet community along the Indian River just north of the Mosquito Lagoon Aquatic Preserve on Florida's northeastern coast. It dates from the early 1800s and incorporated in 1951.

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The town has a somewhat rural, hodgepodge feeling. No real downtown exists, but light manufacturing parks and business centers are here and there. There are also at least three shopping plazas and a Publix. Neighborhoods are tidy, and riverfront housing includes single family residences as well as town homes and apartments. Along the river across from City Hall, a park has a fishing pier, a natural boat launch, a paddleboarding outpost, and guided eco-tours. There is also a riverside marina. The Riverwalk is a 3.5 mile trail perfect for biking and jogging, and the Hawks Park Recreation Complex has a heated pool and a conservation area.

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Mosquito Lagoon guides and fishing charters are based in Edgewater, and the lagoon's diverse ecosystems are home to dolphins, manatees, and a wide variety of birds and fish. New Smyrna Beach is less than five minutes away, and the county's beaches are within easy reach.

Population:  22,000 (city proper)

Percentage of Population Age 45 or Better:   45%

Cost of Living:   2% below national average

Median Home Price: $172,000

Climate:  Summer temperatures are in the 80s and 90s, and winter temperatures are in the 50s, 60s and 70s.   The area, on average, receives 50 inches of rain per year.

At Least One Hospital Accepts Medicare Patients?  No, but Bert Fish Medical Center, two miles away in New Smyrna Beach, accepts Medicare patients.

At Least One Hospital Accredited by Joint Commission?    No, but Bert Fish Medical Center, two miles away in New Smyrna Beach, is accredited.

Public Transit:   Yes, provided by Votran, but it is limited.

Crime Rate:   Below the national average

Public Library:   Yes

Political Leanings:  Split down the middle

Is Florida Considered Tax Friendly for Retirement?   Yes

Cons:   The tornado risk is 54% greater than the national average. 

Notes:   The city has little racial diversity and has grown by 40% in the last decade or two.  Most shopping takes place in neighboring New Smyrna Beach.

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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 courses, 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.

Florida, particularly the Keys and the Gulf Coast, were struck by Category 4 Hurricane Irma in early September, 2017. Towns will rebuild, perhaps this time with climate change in mind, making them safer and better equipped to handle major hurricanes going forward.

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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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