Venice is located just north of tony Naples, and luckily for retirees, boasts a far lower cost of living (3.4 percent below the national average) and cheaper median home price ($165,000).
It makes sense that so many retirees are drawn to Venice — the town was developed in the 1920s as a planned retirement community. Much like its namesake, Venice is bisected by a number of waterways.
Today there’s a quaint, walkable downtown with a centrally-located shopping district that’s in proximity to the beach, as well as a number of sprawling neighborhoods and subdivisions. There are also a number of gated communities sprinkled throughout Venice, with amenities like pools, clubhouses, golf and tennis.
Throughout Venice and its nearby environs, retirees will find top-notch golf courses, a number of social clubs, an art center and community theater.
Con: Older population, lack of diversity
Best For: Beach-loving retirees on a budget
Cost of Living: 3.4% lower than national average
Median Home Cost:$165,000
Top State Income Tax: No state income tax
Crime Rate: 50% lower than national average
The city also hosts a number of festivals and parades, like the Downtown Venice Art Classic, and the quirky Shark’s Tooth Festival, which draws fossil collectors from around the globe. Music lovers can attend outdoor concerts throughout the year at the Centennial Park Gazebo.
There are potential drawbacks to retiring in Venice: the town’s population definitely skews older — as is, mostly seniors. While this is fine for some, others prefer a more youthful presence. Additionally, the town lacks diversity.