Delaware Tops the Charts as the Best State to Retire

Delawareans have always known the charm and benefits of living in “The First State,” and now it’s official—Delaware has been recognized as the best state to retire in the U.S., according to Bankrate’s latest rankings. Rising from second place last year, this accolade is a testament to the state’s commitment to affordability, quality of life, and superb healthcare, making it an ideal destination for retirees.

Bankrate’s comprehensive evaluation weighted affordability most heavily, a factor where Delaware shines due to its no sales tax policy and no income tax on Social Security benefits. Alex Gailey from Bankrate highlights, “While you might not think of Delaware as a typical retirement haven, it has many strong selling points for retirees,” as reported in a recent CBS News article by Megan Cerullo. Delaware’s focus on affordability is particularly significant given the economic landscape, offering much-needed relief to retirees.

Besides economic advantages, Delaware’s high-quality healthcare system and its rich cultural and demographic diversity are pivotal in enhancing its attractiveness as a retirement haven. Access to quality healthcare is a cornerstone for retirees, and Delaware excels in providing this.

Our Seniors Real Estate Specialists® Weigh In

Our agents with the Seniors Real Estate Specialist® (SRES®) designation, like Craig Schwartz and John Zacharias, play a crucial role in advising mature Americans on their real estate needs.

Craig shares, “The unique approach of SRES Designation encapsulates a broader view inclusive of concepts such as aging-in place and living in regional destinations. Delaware’s central location allows access to a variety of airports, cultural events, exhibits, museums, and culinary adventures. There is an enormous selection of specialized healthcare nearby too. Beyond Delaware’s 55+ communities or independent living, the state offers a lifestyle that can be carefree or adventurous as you want. In addition, Delaware offers great value with home prices, low property taxes, and no sales tax!”

John adds, “Buying a forever home is one of the biggest decisions one can make in their lifetime. I understand the stakes are high to make a sound investment and financial stability. I pride myself of leaving no stone left unturned and working with my clients to have a profound sense of satisfaction with their purchase.”

For retirees interested in exploring what Delaware has to offer, our website includes an active adult communities search that showcases homes specifically suited to the active adult lifestyle.

For those considering retirement, partner with an SRES® agent as your expert guide in navigating the real estate landscape tailored for your needs. Explore the possibilities of retirement living with confidence and let them help you find the perfect home that aligns with your lifestyle and aspirations. Your ideal retirement home in Delaware is just a conversation away.

As Delaware continues to garner recognition, we remain proud and excited for more people to discover the advantages of retiring in our beloved state. For more details on why Delaware claimed the top spot, check out the original ratings at Bankrate’s retirement guide.

Patterson-Schwartz Real Estate is Delaware’s largest independent real estate brokerage and offers a full range of services that include residential home sales, purchase and rental, relocation services, and property management. We’ve been guiding home buyers and sellers since 1961, and invite you to connect with us when you’re ready to partner with a local real estate expert.

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