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5 Affordable Places To Retire Near the Beach

By Jennifer Taylor of GOBankingRates | Slide 2 of 6: Located approximately 10 miles south of Myrtle Beach, Garden City, South Carolina, is a small resort town with a population of 10,600 -- and 38% of residents are 65 years old and up. Covering about 5.5 square miles, Garden City offers easy access to the beach from anywhere you choose to live. The median home selling price is $232,450, as of February 2023, which is notably less than the national average. You'll also enjoy South Carolina's low taxes. This involves no tax on Social Security benefits, minimal property taxes and a notable retirement-income deduction from your state income tax. Take Our Poll: As a Retired Person, Are You Comfortable With Your Monthly Income?

Garden City, South Carolina

Located approximately 10 miles south of Myrtle Beach, Garden City, South Carolina, is a small resort town with a population of 10,600 -- and 38% of residents are 65 years old and up.

Covering about 5.5 square miles, Garden City offers easy access to the beach from anywhere you choose to live. The median home selling price is $232,450, as of February 2023, which is notably less than the national average.

You'll also enjoy South Carolina's low taxes. This involves no tax on Social Security benefits, minimal property taxes and a notable retirement-income deduction from your state income tax.

Take Our Poll: As a Retired Person, Are You Comfortable With Your Monthly Income?

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