Finding the Best Places to Retire Since 2006!
Tega Cay, South Carolina
Tucked on a Peninsula Jutting Into Popular Lake Wylie, Tega Cay is a Peaceful Place with Beaches, Golf and Wooded Neighborhoods
Peaceful Tega Cay sits on a densely forested peninsula on the eastern edge of 13,400-acre Lake Wylie in northern South Carolina. It is about 20 miles south of Charlotte, North Carolina and was built as a gated community in the 1970s. It is now incorporated.
New housing has sprung up in the last few years and includes single family homes, town homes and apartments. Some of the 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 16 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 Park and performs weekly.
Local social clubs include a garden club with a variety of workshops. Retail stores are sprinkled about town.
Population: 14,000 (city proper)
Age 45 or Better: 40%
Cost of Living: 15% above the national average
Median Home Price: $485,000
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
College Educated: 55%
Is South Carolina Considered Tax Friendly for Retirement? Yes
Notes: Tega Cay has mushroomed 75% during the last decade and residents worry about amenities and infrastructure keeping up with growth. Home prices have increased 1% since a year ago. Hurricane Florence in 2018 brought wind and rain but not much damage.
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.
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