20 Richest Retirement Towns on the East Coast

It is perhaps not surprising to know that many of the richest retirement areas in America are located on the coasts.

GOBankingRates recently conducted a study of the cities with populations over 15,000 and retirement communities equaling at least 25% of the population to find the wealthiest retirement cities in the country. All but about 10 of the top 50 were located on the Pacific and Atlantic oceans.

Here are the 20 richest retirement towns on the East Coast.

• Overall rank: 6
• Population 65+ (%): 27.3%
• Median household income: $155,675
• Livability: 61

• Overall rank: 8
• Population 65+ (%): 56.2%
• Median household income: $140,833
• Livability: 79

• Overall rank: 10
• Population 65+ (%): 26.3%
• Median household income: $139,707
• Livability: 82

• Overall rank: 15
• Population 65+ (%): 31.4%
• Median household income: $123,471
• Livability: 63

• Overall rank: 16
• Population 65+ (%): 29.9%
• Median household income: $120,685
• Livability: 73

• Overall rank: 17
• Population 65+ (%): 34.4%
• Median household income: $119,591
• Livability: 82

• Overall rank: 20
• Population 65+ (%): 29.9%
• Median household income: $118,462
• Livability: 67

• Overall rank: 21
• Population 65+ (%): 26.4%
• Median household income: $118,280
• Livability: 70

• Overall rank: 22
• Population 65+ (%): 28.8%
• Median household income: $117,689
• Livability: 81

• Overall rank: 24
• Population 65+ (%): 25.6%
• Median household income: $113,844
• Livability: 68

• Overall rank: 28
• Population 65+ (%): 30.6%
• Median household income: $110,563
• Livability: 70

• Overall rank: 32
• Population 65+ (%): 38.0%
• Median household income: $105,944
• Livability: 70

• Overall rank: 34
• Population 65+ (%): 25.2%
• Median household income: $105,535
• Livability: 88

• Overall rank: 36
• Population 65+ (%): 39.4%
• Median household income: $104,955
• Livability: 73

• Overall rank: 38
• Population 65+ (%): 59.0%
• Median household income: $104,105
• Livability: 70

• Overall rank: 39
• Population 65+ (%): 51.1%
• Median household income: $103,682
• Livability: 72

• Overall rank: 43
• Population 65+ (%): 50.7%
• Median household income: $100,459
• Livability: 79

• Overall rank: 47
• Population 65+ (%): 25.3%
• Median household income: $97,348
• Livability: 67

• Overall rank: 48
• Population 65+ (%): 39.2%
• Median household income: $96,715
• Livability: 63

• Overall rank: 49
• Population 65+ (%): 28.7%
• Median household income: $93,862
• Livability: 65

Editor’s note: Photos are for representational purposes only and might not reflect the exact locations listed.

Methodology: For this study, GOBankingRates analyzed cities to find the richest retirement towns. First, GOBankingRates found cities with populations above 15,000 and population percentages for 65+ age range of 25% or higher, as sourced from the U.S. Census American Community Survey. With these 142 cities isolated, the total households, population ages 65 and higher and household median income were also sourced from the American Community Survey for each location. The livability index was sourced from AreaVibes. The cities were sorted to show the highest median household income, representing the “richest” cities. All data was collected on and is up to date as of Feb. 4, 2025.