Is Naples Fl A Good Place To Retire?

Definition of "Is Naples Fl a good place to retire?"

Frank Procopio Luxury Property Specialis real estate agent

Written by

Frank Procopio Luxury Property Specialiselite badge icon

William Raveis

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.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Questions

Popular Real Estate Glossary Terms

An asset. The term cost is often used when referring to the valuation of acquired property. When it is used in this sense, a cost is an asset. Concepts of cost and expense are often ...

Surveying the land to determine its suitability for a specific purpose, such as building a high-rise apartment house. ...

Mortgage guaranteed up to 30 years by the Veterans Administration to veterans meeting minimum requirements. Originally established by the Servicemen's Readjustment Act of 1944, amended ...

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 ...

Tax term describing current and necessary business expenses. Ordinary and necessary business expenses do not include long-term capital losses. For example, the XYZ stationary store deducts ...

A certificate of ownership in a real estate company. Pledged assets for a borrowing. An example is an office building serving as collateral for the mortgage. Way of protecting property ...

A cooperating broker or agent defines a real estate broker who helps another broker in a private property transaction. Typically, the cooperating broker represents the seller and is ...

Document describing the benefits and provisions for people or businesses covered by group insurance. Document in life and health insurance issued to a member of a group insurance plan ...

Across the globe, countries have comprehensive antitrust laws that protect customers and ensure the orderly conduct of businesses. Through antitrust laws, the playing field is balanced for ...