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retire

Finding the Best Places to Retire Since 2006!

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Retire in Manteo, North Carolina?

Overview:   On North Carolina's northern Outer Banks' island of Roanoke, this charming, secluded waterfront village curves around quiet Shallowbag Bay. It dates from the late 1800s and is named after a Croatan chief who helped the New World's first English colonists.

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Tourism is the driving force here, and several annual festivals, including Dare Day and New World Festival of the Arts, entertain locals and vacationers alike. The artsy town center has restaurants, bookstores, cafes, B&Bs and art galleries tucked in attractive, colorful buildings. The sidewalks are red brick. Sailboats and pleasure cruisers bob in the beautiful marina, which has a boardwalk and the elegant Roanoke Inn as a backdrop. A major event is the Waterside Theater's annual summer performance of The Lost Colony. This is the story of Roanoke, the first English colony in the New World, which vanished without a trace sometime between 1587 and 1590. The play always attracts a large crowd and is a North Carolina tradition.

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Local services (veterinarians, dentists, etc.) are plentiful enough to meet most needs. Shopping is primarily boutique-style, but there is a grocery and a farmers' market. Residents have three city boat ramps and a couple of waterfront parks but no public beach. Stately Victorians and Colonials and newer four square and plantation homes styles are the norm. Pirates Cove is a waterfront community with condos and single family homes for sale.

Population:  1,400 (city proper)

Percentage of Population Age 45 or Better:  47%

Cost of Living:  14% above the national average

Median Home Price: $255,000

Climate:     This area has hot, humid summers with temperatures in 80s and 90s and mild winters with temperatures in 40s, 50s and 60s.  On average, it receives 56 inches of rain per year.

At Least One Hospital Accepts Medicare Patients?   No, but Outer Banks Hospital is three miles away in Nags Head and accepts Medicare patients.

At Least One Hospital Accredited by Joint Commission?  No, but Outer Banks Hospital is three miles away in Nags Head and is accredited.

Public Transit:   No

Crime Rate:   Meets the national average

Public Library:    Yes 

Political Leanings:   Conservative

Is North Carolina Considered Tax Friendly for Retirement?    Somewhat

Cons:   The area is completely exposed if/when a hurricane strikes.  Flooding has occurred during previous storms.

Notes:    Manteo is crowded in the summer and very quiet in the winter.   It has grown by 40% in the last 10 to 20 years.

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Recommended as a Retirement Spot?   Yes

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North Carolina:

"Esse quam videri" is the motto of North Carolina, also known as the Tar Heel State. It was the 12th state to be admitted to the Union, joining the other states on November 21, 1789. North Carolina was also one of the Thirteen Colonies and was originally named the Province of Carolina. It was the second to the last state to declare its secession from the Union during the Civil War.

The state is situated in the Southeastern region of the United States and is bordered by South Carolina, Georgia, Tennessee and Virginia. The capital is Raleigh, but the largest city is Charlotte.

The historical people of North Carolina include the Chowanoke, Roanoke, Pamlico, Coree and Cape Fear Indians. The Revolutionary War impoverished the state of North Carolina for several years.

Charlotte is on a rapid growth streak thanks to its banking industry. North Carolina is also home to several universities, including the University of North Carolina, Duke University and North Carolina State University.

The state hosts more than 80% of the NASCAR racing teams and is the site of the Charlotte Motor Speedway. The Carolina Panthers represents North Carolina in the National Football League, and the Charlotte Bobcats play in the National Basketball Association.

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Stats:

Population - 10,147,788 

Persons 65 years old and over - 16%

High school graduates, age 25+ - 86% 

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

Persons of Hispanic or Latino origin - 10% 

White persons, not Hispanic - 63% 

Median household income - $46,868 

Median home value - $162,500

Social Security taxed? No

Source: U.S. Census Bureau

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