Photo: Getty Images
Mays Landing has been named the best place to retire in New Jersey, according to a study by GoBankingRates.com. This small town, with a population of about 6,000, offers retirees a blend of affordability and charm. The study considered factors such as population, home values, and social security benefits. Mays Landing boasts an average retired household income of $37,576 and a monthly cost of living of $1,828.
Located in Atlantic County, Mays Landing is just a short drive from the Atlantic City boardwalk and beautiful beaches. It sits on the Great Egg Harbor River, offering opportunities for fishing, kayaking, and bird-watching. The town is also surrounded by parks, including the expansive Lake Lenape Park, which features recreational facilities like baseball fields and picnic areas.
Downtown Mays Landing is known for its historic buildings housing family-owned shops and restaurants. For those seeking more excitement, Philadelphia is less than an hour away. The community is welcoming to seniors, with over 20% of its population aged 65 and over, and several retirement facilities available.
In contrast, the study identified Passaic as the worst place to retire in New Jersey. The full report can be viewed on GoBankingRates.com.