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retire

Finding the Best Places to Retire Since 2006!

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Retire in Lake Mary, Florida?

Overview:   This pretty city of lakes is about 30 minutes north of Orlando in northeastern Florida. It started out as a citrus farming center and began to grow as Walt Disney World expanded in the 1970s and 1980s. Today, Lake Mary is a semi-rural bedroom community known for its high quality of life.

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Neighborhoods are well-tended with tropical landscaping. Ranch ramblers and raised ranch ramblers are common, and many back to a lake. The Forest is a secluded 55+ community. Downtown boasts a healthy assortment of boutiques and restaurants clustered around Central Park. The park is also home to Saturday's farmers' market and Wednesday's WineART where visitors mingle with local artists and enjoy live music. The Lake Mary Car Show sets up shop in the park during the summer. Liberty Park has a nature trail and lakeshore fishing. Two golf courses, a tennis center and a sporting complex have a Lake Mary address. Seminole State College hosts a planetarium and a theater program with regular public performances. Classes at the Art Studio of Lake Mary range from drawing and cartooning to sewing and sculpting.

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The nearby Spring Hammock Preserve contains some of the state's oldest cypresses. Farther out, Lake Monroe, its parks, and conservation areas allow fishing, hiking, biking, boating, and primitive camping.

Population:  16,500 (city proper)

Percentage of Population Age 45 or Better:   35%

Cost of Living:  13% above the national average

Median Home Price: $290,000

Climate:  Summers have temperatures in the upper 80s and low 90s.  Winters have temperatures in the 50s, 60s and 70s.  On average, the area receives 58 inches of rain per year.

At Least One Hospital Accepts Medicare Patients?Yes

At Least One Hospital Accredited by Joint Commission? No, but Florida Hospital Lake Mary is accredited by DNV Healthcare and receives great patient reviews. 

Public Transit:   Yes, but it is limited.

Crime Rate:   Well below the national average

Public Library:   Yes

Political Leanings:  Conservative

Is Florida Considered Tax Friendly for Retirement?   Yes

Cons:   None

Notes:   The senior center offers classes in belly dancing, strength training, zumba, and yoga.

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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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