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Living in Palm Coast – [Best Place to Retire]

Living in Palm Coast – [Best Place to Retire]

Are you moving to Palm Coast or already living in Palm Coast?  I am going to cover why retirement living has named Palm Coast the Best Place to retire in 2022.  “Average mortgage, sales tax rate, and cost of senior care were also strong metrics for Palm Coast.”  This is on top of being in NE Florida with great geographic location to all things that you could want in your golden years.  Beaches, Family fun, Restaurants and peace and quiet.  Whether you are living in Palm Coast or are considering moving to Palm Coast, this video will provide some answers.

https://youtu.be/WXR90_OaXp0

https://www.niche.com/places-to-live/search/best-places-to-retire/c/flagler-county-fl/
https://www.retirementliving.com/best-cities-to-retire
https://www.palmcoastgov.com/newsroom/2022/3/8/10204/palm-coast-named-best-city-to-retire?externalAnn=palm-coast-named-best-city-to-retire

Palm Coast has been named the #1 City in the United States for Retirees.  Why is that?

Retirement Living took data of all U.S. cities with a population of 80k or more.  From there they took a measure of cost of living, senior care, local economy and crime stats.  Based on all of that they arrived on Palm Coast being the #1 Place to Retire.  Florida had 7/10 spots on Retirement Livings List.

According to Retirement Living, “Palm Coast’s population growth is riding on the back of a very healthy local economy. Retail properties range from budget-friendly to upscale stores. Upward trends in residential and commercial properties serve a population with 28% over the age of 65. Aside from shopping and great restaurants, Palm Coast offers golf resorts, fishing, formal garden tours and more.”

Access to boating, fishing, kayaking, biking, beaches all within 30 minutes for most people living in Palm Coast.  On top of that you are 30 minutes to Flagler Beach, 40 Minutes to Daytona Beach. 30-40 Minutes to Historic St. Augustine, 2 hours from Disney and Orlando Metro/Transportation, 1 hr 30 to Jacksonville Metro/Transportation.  If you are looking for a home where you have intracoastal access you can look in the “C” section of Palm Coast which is a little No HOA Boating Community in Northeast Palm Coast.  Washington State Oaks is a great park, Princess Place Reserve is on US1 where you can camp, kayak and hike.

Lets take a look at the numbers year to date overall in Palm Coast.  This is for Single Family Homes in the area.  Sold price per sq ft is $211. Compared to St. Johns County where price per sq ft is $243.  Average Sale Price is $427,000; though the median is $355,000.  This is for around a 2,000 sq ft home; with 3 beds 2 baths and a 2 car garage.  Most of the lots in Palm Coast are sitting on an 80 x 125 plot of land; so everyone has a good bit of yard and you are not “on top of your neighbor”.

If you are looking at crime in Palm Coast, you can see that it is at 1.7% per 80k people (I think).  I looked up the Florida Department of Law Enforcement Stats.  Palm Coasts Crime per Capita is 1,245 per 100,000.  When you compare that with St Johns (1,187 per 100k), Putnam (2,095 per 100k), Volusia County (2,362 per 100k).  The only other County that has less crime per 100k is St Johns County which is the County North.

As of right now Advent hospital is the main Hospital in the area.  Though they are building  an additional 100 bed Hospital in Palm Coast off of Palm Coast Parkway next to Belle Terre.  If you need extensive care the Mayo Clinic is in Jacksonville which is probably 1hr-1hr 15 minutes from Palm Coast; All Highway.

 

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