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retire

Finding the Best Places to Retire Since 2006!

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New London, North Carolina

A Peaceful Country Town, New London Boasts Lake Recreation, a Beautiful Golf Course and a Laid Back Lifestyle

New London is a nice little town next to the Badin Lake Recreation Area, which is in the Uwharrie National Forest about an hour northeast of Charlotte in southwestern North Carolina. The town started in 1830 and today is popular with people seeking a laid back country lifestyle.

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Residences are well spread out from the town center and include manufactured homes, ranch ramblers and custom homes, some next to the lake. Many have acreage. Although the town is small, it has an attractive town hall, a cute post office, a couple of nice parks with fountains, a fire department, a history museum and a small grocery/deli. Badin Lake, which covers 5,000 acres and has 115 miles of shoreline, is the perfect spot for boating, fishing, hiking, camping and horseback riding. Old North State Club, a beautiful Tom Fazio-designed 18 hole course, stretches along a two and a half mile peninsula of the lake and has breathtaking views.

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Population:  625 (city proper)

Percentage of Population Age 45 or Better:  40% 

Cost of Living:  6% below the national average

Median Home Price: $375,000  

Climate:     This area has warm, humid summers with temperatures in 80s and 90s and mild winters with temperatures in 40s, 50s and 60s. On average, it receives 45 inches of rain and a dusting of snow each year.

At Least One Hospital Accepts Medicare Patients?   No, but Stanly Regional Medical Center five miles away in Albemarle accepts Medicare patients.

At Least One Hospital Accredited by Joint Commission?  No, but Stanly Regional Medical Center five miles away in Albemarle is accredited.

Public Transit:  No, but the county has a call-ahead van service that travels to medical centers, the senior center, etc.

Crime Rate:   Meets the national average

Public Library:    No, but one is about five miles away in Albemarle.  

Political Leanings:   Conservative

Is North Carolina Considered Tax Friendly for Retirement?  Somewhat

Cons:   None

Notes:   New London has maintained its population during the last decade and home prices have increased 7% since a year ago.

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Recommended as a Retirement Spot?    Yes

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North Carolina:

With its wide range of elevations and its three distinct geographic regions, the Tar Heel State is an inviting place to live or visit.

Its Atlantic Coastal Plain offers two national seashores and more than 300 miles of barrier island beaches. The Chowan, Roanoke, and Neuse rivers find the Atlantic here and provide endless opportunities for sailing, fishing, and kayaking. Seven coastal lighthouses help mark a history of pirates, wild horses, aviators, and Revolutionary War heroes. Downtown Wilmington buzzes with fine dining and nightlife.

North Carolina's Piedmont Region shelters some of the state's biggest cities. Metropolitan Charlotte is packed with galleries, furniture factories, breweries, and gardens. Winston-Salem harbors a a living history museum and sponsors the RiverRun International Film Festival. Barbecue flourishes in Lexington. For those looking to play golf, Pinehurst and the Sandhills beckon. The jewel of the region may be "The Triangle," a triumvirate of Raleigh, Durham, and Chapel Hill. World-class universities, museums, and college athletics are everyday occurrences.

The state would be nothing without its Mountain Region. Mount Mitchell, the highest point in North America east of the Mississippi is here. Asheville, the foothills, and the Blue Ridge Parkway are here. Biltmore, the nation's largest home, is here. Visitors might boat at Lake Lure or find their way to the top of Chimney Rock and a stunning 75 mile view. Summer in the high country means the Great Smoky Mountains, camping, hiking, biking, and fishing. Winter means skiing at the Appalachian, Beech, or Sugar Mountain ski resorts.

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