Finding the Best Places to Retire Since 2006!
Retire in Tega Cay, South Carolina?
Overview: Tega Cay sits on a densely forested peninsula on the eastern edge of 13,400-acre Lake Wylie. It is about 20 miles south of Charlotte, North Carolina and was built as a gated community in the 1970s. It is now incorporated.
Suburban and relaxed, Tega Cay has grown by 200% in just the last couple of decades. New housing developments have single family homes, town homes and apartments. Some newer areas have been "clear cut," giving them a different feeling from the older sections where neighborhoods are still thick with trees. The Tega Cay Golf Club boasts 27 holes. Residents also enjoy tennis courts, trails and sixteen miles of shoreline with beaches and boat launches. The Tega Cay Marina, nestled in a protective cove, provides slips with jet ski lifts. Gas, groceries, boat repair and pontoon rentals are also available. The Carolina Show Ski Team makes its home at Windjammer Beach Park and performs weekly. Local social clubs include a garden club with workshops in anything from container gardening to orchid care. Retail shops are sprinkled about town.
Population: 9,900 (city proper)
Percentage of Population Age 45 or Better: 40%
Cost of Living: 15% above the national average
Median Home Price: $280,000
Climate: Summer daytime temperatures are in the 80s and 90s. Winter temperatures are in 30s, 40s and 50s. On average, the area receives 46 inches of rain each year.
At Least One Hospital Accepts Medicare Patients? No, but Piedmont Medical Center is five minutes away in Rock Hill and accepts Medicare patients.
At Least One Hospital Accredited by Joint Commission? No, but Piedmont Medical Center is five minutes away in Rock Hill and is accredited.
Public Transit: No
Crime Rate: Well below the national average
Public Library: No
Political Leanings: Conservative
Is South Carolina Considered Tax Friendly for Retirement? Yes
Notes: Residents worry about amenities and infrastructure keeping up with growth. Racial diversity is minimal.
Recommended as a Retirement Spot? Yes
South Carolina is nicknamed the Palmetto State and its motto is "Dum spiro spero," which is Latin for "While I Breath, I Hope." It is 40th in size in the United States and was the eighth state to be admitted to the Union on May 23, 1788. The largest city and state capital is Columbia.
Formerly known as the Province of South Carolina, the area was also one of the Thirteen Colonies that declared its independence during the American Revolution. The state was the first to secede from the Union and was the first and founding state of the Confederate States of America.
South Carolina is in what is considered the Deep South and is bordered by the states Georgia on the south and North Carolina on the north.
The state does not host any major professional sport franchises. However, the Carolina Panthers and the Carolina Hurricanes actually represent both North Carolina and South Carolina.
Population - 4,961,018
Persons 65 years old and over - 16%
High school graduates, persons age 25+ - 85%
Bachelor's degree or higher, age 25+ - 25%
Persons of Hispanic or Latino origin - 5%
White persons, not Hispanic - 64%
Median household income - $45,483
Social Security taxed? No
Source: U.S. Census Bureau
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