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Home » United States » Is the Mississippi Gulf Coast a good place to retire?

Is the Mississippi Gulf Coast a good place to retire?

December 14, 2021 by Sadie Daniel

The Mississippi Gulf Coast is nationally known as a top spot for retirees.To qualify, each town is evaluated by Hometown Mississippi Retirement for affordable cost of living, low taxes, low crime rate, quality medical care, recreation, educational and cultural opportunities and being a welcoming community.

Contents

What is the best city in Mississippi to retire in?

  • Hide-A-Way Lake. Town in Mississippi. Rating 4 out of 5 1 review.
  • West Hattiesburg. Town in Mississippi. Rating 4.36 out of 5 14 reviews.
  • Long Beach. Town in Mississippi.
  • Madison. Suburb of Jackson, MS.
  • Diamondhead. Town in Mississippi.
  • Corinth. Town in Mississippi.
  • Brandon. Suburb of Jackson, MS.
  • Ocean Springs. Town in Mississippi.

How is Mississippi for retirement?

It is also one the country’s most tax-friendly states for retirees.Mississippi exempts all forms of retirement income from taxation, including Social Security benefits, income from an IRA, income from a 401(k) and any pension income. On top of that, the state has low property taxes and moderate sales taxes.

Is it expensive to live in Gulfport MS?

Gulfport, Mississippi’s cost of living is 11% lower than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.

Is Gulfport Mississippi a good place to retire?

THE STREETS ARE SAFE AND THE CRIME RATE IS LOW. IT IS EVEN A GREAT PLACE FOR RETIREMENT. HOUSING COSTS ON AVARAGE IS $100,000. THE AVERAGE 3 BEDROOM APARTMENT OR HOUSE, RENTS FOR AROUND $900.00.

Is Mississippi a nice place to retire?

Mississippi is in the deep south – you will find friendly people here and a slower pace of life than up north. Jackson is the largest city; there are also many nice small towns and rural areas. Mississippi is one of the tax-friendliest states for retirees.

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Is Mississippi a nice place to live?

Mississippi is a wonderful place to live. The state is filled with amazing cities that have topped national lists for things like livability, safety, job growth, and more.From beautiful scenery to amenities that can’t be beat, here are some of the best places to reside in Mississippi.

How much money do you need to retire in Mississippi?

Because Mississippi has the lowest life expectancy of 74.50 years and the average retirement age is 63 years, one can expect to need about 11.50 years of retirement savings, which equates to about $617,661.

Does Mississippi tax retirement pensions?

Mississippi. Retirement Income: If you’re at least 59½ years old, the Magnolia State won’t tax your retirement income. However, the state will take its share of 401(k), IRA or pension income received by those who retire early.The state doesn’t impose those taxes.

Does Mississippi have income tax?

Legislators from both chambers heard from tax expert after tax expert about what repealing the state’s income tax would mean for Mississippi’s economy, and how a coinciding raise in the state’s sales tax could help offset the revenue loss.None has a personal income tax.

Is it cheaper to live in Gulfport or Biloxi?

The cost of living in Gulfport, MS is -2.6% lower than in Biloxi, MS.Employers in Gulfport, MS typically pay -0.8% less than employers in Biloxi, MS.

What are the winters like in Gulfport Mississippi?

Gulfport is located near the sea and experiences hot, humid summers and mild winters. The average temperature hovers between 44°F – 90°F (7°C – 32°C) throughout the year with January being the coldest month.

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What is it like to live in Biloxi MS?

Living in Biloxi offers residents an urban suburban mix feel and most residents rent their homes. Many families and young professionals live in Biloxi and residents tend to have moderate political views. The public schools in Biloxi are highly rated.

How safe is Gulfport Mississippi?

With a crime rate of 52 per one thousand residents, Gulfport has one of the highest crime rates in America compared to all communities of all sizes – from the smallest towns to the very largest cities. One’s chance of becoming a victim of either violent or property crime here is one in 19.

Is Gulfport MS a nice beach?

Gulfport Beach is clean, beautiful, and has a fishing pier. Jet skiing and swimming are popular activities here, although the beach usually has a quiet and relaxed vibe. You can also check out nearby Biloxi Beach and the casinos and tourist attractions in this area.

Is it safe to live in Gulfport MS?

Gulfport is in the 17th percentile for safety, meaning 83% of cities are safer and 17% of cities are more dangerous. This analysis applies to Gulfport’s proper boundaries only. See the table on nearby places below for nearby cities. The rate of crime in Gulfport is 48.64 per 1,000 residents during a standard year.

What is the safest part of Mississippi?

Here are the 5 safest cities in Mississippi for 2021

  • Madison.
  • Brandon.
  • Horn Lake.
  • Ocean Springs.
  • Olive Branch.

How expensive is it to live in Biloxi Mississippi?

Biloxi cost of living is 84.1

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COST OF LIVING Biloxi Mississippi
Health 111.6 101.4
Housing 59.9 55.6
Median Home Cost $168,600 $141,900
Utilities 96.7 97.1

What are the cons of living in Mississippi?

Disadvantages Of Living In Mississippi

  • Extreme weather.
  • Low-quality education.
  • Lackluster economy.
  • Poor quality of health care.
  • Lack of diversity and acceptance of change.

What should I know before moving to Mississippi?

One of the most important things you should know before moving to Mississippi is its culture, shaped by its people. A Southern state through and through, Mississippi is one of the most religious and most hospitable states in the country. The largely rural and low-income population embraces the Southern charm.

Where in Mississippi should you not live?

The 20 Worst Places to Live in Mississippi

  • Gautier. Gautier is a town in Jackson County that is home to 18,563 people.
  • D’Iberville. D’Iberville is a town in Harrison County with a population of 13,531 residents.
  • Pass Christian. Pass Christian has both pros and cons.
  • Hattiesburg.
  • West Point.
  • Pascagoula.
  • Brookhaven.
  • Batesville.

Filed Under: United States

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About Sadie Daniel

Sadie Daniel is an adventurer at heart. She loves to travel and explore new places. Her thirst for adventure has taken her all over the world, and she's always looking for her next big thrill. Sadie is also a lover of animals, and has been known to rescue stray cats and dogs in her neighborhood. She is a kind-hearted person who enjoys helping others, and she would do anything for her family and friends.

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