The region’s largest healthcare provider with the commitment that ‘Better Health Begins Here’. Healthcare Systems / Hospitals Tidelands Health System Both companies pride themselves in being able to offer specialty options. Their many locations bring convenience and peace of mind to the city’s residents. The Myrtle Beach area has three premier healthcare systems, Tidelands Health System, McLeod Health, and Grand Strand Health. One of the most appealing features of Myrtle Beach, South Carolina is the top-rated healthcare services available to all residents. When relocating to a new area, familiarizing yourself with local healthcare options is an important task. Local city officials and news outlets notify residents well in advance if there’s a chance of major storm, and they provide detailed instructions on action that needs to be taken, such as evacuation. Hurricane season runs from June through November, with the majority of storms occurring in August and September. Residents can expect their fair share of storms throughout the year, but they’re generally not as scary or intense as many imagine. People considering a move to Myrtle Beach generally want to know about hurricanes and what to expect. There are 106 rainfall days per year and on average, the city receives 52 inches of rainfall per year, which is slightly higher than the 2019 US average of 34.7 inches. What winters may lack snow is made up for in rainfall. Snowfall is rare in this region, with an average of just 1 inch of snow per year, compared to a US average of 28 inches per year. On average, temperatures range from 38☏ to 56☏ in January (the coldest month) and from 74☏ to 88☏ in July (the warmest month). Great weather is one of the many reasons people enjoy retiring in Myrtle Beach. The information above should function as a starting point for your tax research but not be substituted for direct advice from a tax professional. The top-rated retirement community in the area is Brightwater. In addition to paying this low rate, South Carolina seniors who’ve lived in the state over a year can benefit from a “homestead exemption,” which exempts them from property taxes on the first $50,000 of their home’s value.įor those looking to retire in Myrtle Beach, a retirement community is an excellent option where residents pay zero property tax altogether. South Carolina has one of the lowest effective property tax rates in the country, at just 0.57%. This tax deduction is a great way for Myrtle Beach residents to save money during retirement. It is applicable to all forms of retirement income, including that from 401(k) plans, IRAs and pension plans. Deduct Up to $15,000 from Income TaxesĪ $15,000 income tax deduction is available to South Carolina residents over the age of 65. No social security tax means more disposable income for retirees in Myrtle Beach. This is important because social security is relied on by millions of older Americans. South Carolina is one of the many states that imposes no tax on social security benefits. Here are a few reasons why: Zero Social Security Tax In fact, South Carolina is one of the most tax-friendly states in the entire country. One of the many reasons Myrtle Beach is a popular retirement destination is the tax friendliness for seniors. Use this comprehensive guide to get you started! If you’re considering Myrtle Beach as your retirement destination, there’s a lot you’ll want to know. Additionally, the low cost of living, tax benefits, small city charm, agreeable weather and abundance of activities, including championship golf courses are a major draw for those looking to settle here in retirement. Ranked #11 by US News on The Best Places to Retire, Myrtle Beach is in an ideal coastal location. While it’s a popular travel destination, it is also a great place to retire for seniors. It’s a popular tourist destination, welcoming over 14 million visitors per year. Myrtle Beach, South Carolina is located on the Grand Strand, an arc of beach land on the Atlantic Ocean in South Carolina, United States, extending more than 60 miles from Little River to Winyah Bay. A Comprehensive Guide to Retiring in Myrtle Beach, SC
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