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Your permanent vacation on the Mississippi Gulf Coast will be affordable. There’s no tax on qualified retirement income, including Social Security; we have one of the most affordable urban housing markets in the South, and there’s a generous homestead exemption for persons over 65.
Nov 6, 2023 · Gulf coast beach in Ocean Springs, Mississippi. Leading travel publication Southern Living ranks Ocean Springs as the best small town in the South to retire, especially for seniors looking for affordable home-buying options. Boasting a population of about 18,300, Ocean Springs' income-to-home value ratio stands at 34%.
Dec 21, 2023 · Fortunately, the small towns along the Gulf Coast offer many options for older adults, allowing them to enjoy vibrant and productive lives. The area's mild climate and white sand beaches attract tourists who want to play in the Gulf's warm waters while also being an ideal place for retirees.
- James Mcmechan
- What It’S Like Living in Mississippi
- Pros of Retiring in Mississippi
- Cons of Retiring in Mississippi
- Conclusion
- Sources
Before deciding whether or not to retire in Mississippi, it’s wise to get a general idea of what it’s like living in the state. Mississippi is also known as the Magnolia State due to its preponderance of sweet-smelling magnolia trees. It is named after the Mississippi River that runs through it and is the 35th most populous state.
As with each state in the country, there are pros and cons to choosing it for your retirement. Mississippi is no different, and there are benefits and drawbacks to retiring in the Magnolia State. Below we will take a look at the pros and cons of retiring in Mississippi:
Although there are many advantages to retiring in Mississippi, there are also some drawbacks. Here are the downsides of retiring in the Magnolia State:
Choosing Mississippi as a retirement location is a personal decision and depends on what’s important to you. It is an excellent idea if you enjoy hot and humid weather and a relaxed, rural lifestyle. Mississippi offers the lowest cost of living nationally, doesn’t tax social security income, and has low property taxes. It also has a beautiful coast...
Apr 21, 2024 · Mississippi Gulf Coast Living - Pros and Cons of Coastal Life. The Gulf Coast's low living expenses, attractive tax incentives, and prospects for economic growth make it desirable to both professionals and retirees. by Lacey Perniciaro.
Apr 29, 2024 · Located in Harrison County, Long Beach is known as a senior-friendly town where people love to bike, hit the beach, and enjoy the mesmerizing views of the Mississippi Sound in the Gulf...
Oct 25, 2023 · Start with the Mississippi Gulf Coast, the best coast. We warn you, our area is a well-kept secret. The communities below are the best places now to live on the entire Gulf Coast.
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