The May issue of Money Magazine selected Lewes, Delaware as the best place to retire in what they define as the “Northeast”. The reason? People hate paying taxes and there is also NO SALES TAX.
Homes available range from elegant beach homes that can cost upwards of $1M to homes in town from the $300s to $1.5M and surrounding neighborhoods where home prices range from the $200s and up. There is great variety and something for everyone. The median home value is $310,000 and the median property tax in Lewes is only $582/year! What is your tax bill?
The word is out and Lewes is on the Boomer’s radar screen!