Is Naples Fl A Good Place To Retire?
Located on the Western coast of the state of Florida, Naples is an ideal place to live for those that want to enjoy the best of the best of the Gulf of Mexico. From high-end shopping to professional golf courses, the city of Naples, Florida, provides some of the best waterfront amenities to over 22,000 residents that live within its borders, not to mention the visitors and snowbirds.
Now, whether or not Naples, Florida is a good place to retire, we have to understand what do retirees want in their golden years. If the answer is sun, well, the Sunshine State has that covered. So why is Naples, Florida, in particular, a good place to retire?
Three Factors: tax-friendliness, medical care, and social life
When trying to figure out which city in the US is the best place to retire, SmartAsset looked at tax-friendliness, medical care, and social life. Based on their system of ranking, Naples, Florida made the top of their list in 2017, 2018, 2019, and 2020.
With a tax burden of only 13.6%, the tax-friendliness in Naples remains the best even in 2021 even if, for the moment, Cumming, GA, took its spot at the top of the list. This makes Naples, FL a good place to invest. Regarding medical care, in Naples, Florida, there are 29.2 doctor offices for every 1,000 people providing the best healthcare possible for the city’s residents. There are 9.4 recreational facilities for every 1,000 residents, aside from the pristine white sandy beaches on the Gulf of Mexico that come together with the best sunsets in the state. With 52.5% of the city’s residents being seniors, Naples, FL has one retirement center for every 1,000 residents of the city. Do pay attention to the amenities when it comes to the best neighborhoods in Naples, FL. Overall, Naples, FL is known for having some of the best amenities in the country, but these might differ by neighborhood.
However, the most important factor that makes Naples, FL stand out among many other cities for retirement, it has the amenities to entertain people of all ages. Meaning that, when children and grandchildren stop by to visit their grandparents, they will have a multitude of entertaining activities to spend quality time as a family. Contact real estate agents in Naples FL for more information about this paradise coastal city.
Popular Real Estate Questions
Popular Real Estate Glossary Terms
A portion of a real estate company's assets financed with debt instead of equity. It involves interest an principal obligations. Financial leverage is beneficial to real estate investors ...
In everyday discourse, a merger defines the combination of two entities, be it real estate or two companies, into a single and legit one. We should make a difference between a merger and ...
Income for investors arising from net long-term profits of a real estate mutual fund realized when the portfolio is sold at a gain. Fund managers pass on profits from sales of real estate ...
A cost of funds index that most adjustable rate mortgages written in California in recent years are tied to. Computed by the Federal Home Loan Bank of San Francisco, it reflects the cost ...
Sponsor sells interest to real estate investors in one property only. The total amount received from the equity investors is used by the sponsor to buy the property for the partnership. ...
Subsoil that is beneath the A horizon and above the C horizon of the earth. ...
Acquired by adverse land use for a statutory period of time. ...
Group of people residing in one home, usually consisting of a family. ...
Net operating income (NOI) of property relative to its market value. If rental income property worth $1,000,000 results in NOI of $100,000, the overall return is 10%. NOI compared to ...

Have a question or comment?
We're here to help.