Retirement in Maryland


Maryland – at a Glance

Population Climate State Income Tax State Sales Tax Median Home Price
5,615,727 (US Census Bureau, 2006) Humid Subtropical and Continental Climate 4.75 % 5 % $ 208,613


Pros: Apart from the natural surroundings and magnificent historic structures, no-smoking laws and those for preservation of trees are also commendable.

Cons: Due to its closeness to the Atlantic, the state experiences thunderstorms, tropical cyclones, and tornadoes.

Overview of Maryland:

Maryland, or “America in miniature”, a mid-Atlantic state in the US, combines cultural characteristics of both the northern and southern states of the US. Maryland is gaining ground as a potential retirement destination for the baby boomers – thanks to the development of age-restricted communities for active living in certain parts. There is a generous number of towns which offer the comforts of small-town living while other parts of Maryland are partial to those with a love for adventure and exploration. If you are in the latter category then you might want to consider choosing from retirement homes in Maryland based near the shores of Chesapeake Bay.

An array of picturesque villages is based on the far-reaching Eastern shoreline of this vast waterway that would transport you to historic times. Chestertown, Queenstown, Easton, Oxford, and St. Michaels are some of the places in which you would like to look for retirement homes because of their peacefulness, fresh air, pleasant summer breezes, and clean water. Apart from boaters, summer residents and weekend visitors, the place is being accepted as an ideal place for homes for seniors in Maryland. The rural setting, historical links, and recreation choices such as crabbing and boating are some of the unique features of this place.

Each of the towns has some unique attributes. Chestertown, which lies on the banks of River Chester at the northern end of Chesapeake Bay, was founded way back in the 1640s. 18th century homes, beautiful churches, and interesting shops are the basic attractions of the place. The historic villages of Oxford and St. Michaels also feature renovated Colonial and Victorian buildings. You can spend your weekend relaxing on a skipjack, savoring freshly-caught crabs and oysters, or visiting the renowned Chesapeake Bay Maritime Museum and various shops.

However, if you are still not willing to part ways with your urban lifestyle and surroundings even after retirement, then the state capital, Annapolis, is the best place to retire in Maryland for you. Known as the “Sailing Capital of America”, the city lies on the western shores of the Bay and offers a blend of charm of small towns and the sophistication of the cosmopolitans. The seaport town is also no less in terms of attractions in the form of structures belonging to the Colonial era.


Cost of Living in Maryland

The above table shows the percentage fluctuations in expenditures incurred in Maryland, as compared to the nation’s average, which is taken as 100%