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retire

Finding the Best Places to Retire Since 2006!

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Retire in Wanchese, North Carolina?

Overview:   In the middle of the Outer Banks, Wanchese, a rustic unincorporated town, occupies the southern edge of Roanoke Island. It was named after the last known indigenous ruler of the island and does not have the typical Outer Banks crowds or high costs.

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Throughout its history, Wanchese has been a fishing village. It is still one today and has one of the busiest marinas on the islands. This is thanks to its seafood processing and boat building park. From here large shrimp and flounder boats go to sea for weeks at a time, returning with catches that end up in seafood eateries along the coast. With acreage along the Croaton and Raonoke Sounds, locals have access to miles of wetlands. A quick car ride or kayak paddle takes leads to Pea Island, a resting spot for large numbers of migratory birds. Oregon Inlet fishing is also within easy reach. Wanchese amenities are not in great supply, but there are a few mom and pop eateries.

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Neighborhoods are rural and peppered with modest ranch ramblers. Wanchese has no beach, so tourists are few.

Population:  1,800 (city proper)

Percentage of Population Age 45 or Better:  42%

Cost of Living:  3% below the national average

Median Home Price: $155,000  

Climate:     This area has hot, humid summers with temperatures in 80s and 90s and mild winters with temperatures in 30s, 40s and 50s. On average, it receives 56 inches of rain per year.

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

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

Public Transit:   No

Crime Rate:   Below the national average

Public Library:  No, but Manteo, five miles to the north, has one.

Political Leanings:  Conservative

Is North Carolina Considered Tax Friendly for Retirement?   Somewhat

Cons:    The area is vulnerable to hurricanes.

Notes:   Racial diversity is minimal. Wanchese has grown by 25% within the last decade or two.

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Recommended as a Retirement Spot?    Yes, although the lack of amenities should be weighed.

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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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