Rehoboth Beach, Delaware – Retirement Guide

Rehoboth Beach, Delaware   Retirement Guide

With a median home price of more than $600,000, Rehoboth Beach can scare off many retirees. Still, despite the high price of homes, the cost of living in this friendly beach town is only 3% above the national average. Part of the issue driving up home costs in Rehobeth is the town’s size — Rehoboth Beach measures little more than 1 square mile, and is home to only 1,349 people. If living in Rehoboth Beach proper isn’t a must, nearby communities of Long Neck and Milton are affordable retirement destination alternatives.

With a golden stretch of beach, Rehoboth is no doubt for beach lovers. The tiny town’s beach is a favorite along the East Coast, and attracts visitors from across the nation during the peak summer season.

One of the town’s perks which locals enjoy is the mile-long boardwalk running the length of the beach. Retirees can stroll the boardwalk, peering into shops, watching children at the small amusement park, or simply relax on a bench and gaze at the waves crashing along the shoreline.

Pros: Waterfront location, beautiful beaches
Con: High home prices

At a Glance
Best For: Beach lovers
Population: 1,349
Cost of Living: 3% above national average
Median Home Cost: $601,561
Unemployment: 7.6%
Top State Income Tax: 6.75%
Crime Rate: 6% higher than national average

Rehoboth lies near a number of galleries, boutiques and outlet shops — and with no state sales tax, this proximity can be a true asset to budget-conscious retirees. The town is also known for hosting a number of festivals, including the Autumn Rehoboth Jazz Festival, the annual Chocolate Festival, a sandcastle contest, and the popular Seawitch Festival.

Top Retirement Cities in Delaware: Rehoboth Beach | Smyrna

Photo by Scott Robinson via Flickr. All statistics were up to date as of publication. See these sources for the most current data.