Santa Monica : California

Follow Me on Pinterest

What it's Like to Retire in Santa Monica

Situated on the Santa Monica Bay, and bordered on three sides by the city of Los Angeles, the beautiful beachfront city of Santa Monica, is a famed resort town with a population of 89,736 (2010 census). The walkable community of just over eight square miles, offers more than three miles of coastline, popular beaches, and a vibrant downtown, which was won the #2 spot in Livability's Top 10 Downtowns in 2016. The Santa Monica Pier is a city icon and home to Pacific Park, a historic amusement park, along with an oceanfront walk, restaurants, shops, and a popular spot for fishing.

Forbes listed the city in its Top 20 Most Expensive Zip Codes in 2015, as the median sale price of a home is over $1Million.  Because of its beauty and year round warm weather, hundreds of movies scenes have been shot here including The Sting, Rocky III, and Ocean's Eleven, along with the popular television series, Baywatch.  Santa Monica is considered one of the most environmentally activist municipality in the country with green building codes, recycling, a Bike Action Plan, community gardens, and grower-only Certified Farmers' Markets (which has named by Travel+Leisure as the best farmers market in the country).

Picture of Santa Monica's Ocean Avenue at Sunset courtesy of Wikipedia and Mike Gonzalez; Picture of The Pier with Pacific Park courtesy of Wikipedia and Jorobeq; Picture of A Busy Day on Third Street Promenade courtesy of Wikipedia and Bobak Ha'Eri.

 

Where to Retire in Santa Monica and Home Prices

The city is made up of eight walkable neighborhoods each offering a diverse mix of shopping, dining, entertainment and recreation.  Zillow reports the median sale price of a home to be about $1,270,000 in early 2016.

 

What is special about Santa Monica

Just about everything: location, climate, beaches, biking, cultural events, great shopping, dining, and walkability.

 

What is not special about Santa Monica

Very high cost of living; high crime rate

 

Who will like retirement in Santa Monica

Retirees who want to live in a laid-back beach community that is easy to get around, has hospitals, great shopping, many restaurants, community gardens, farmers markets, and is bike friendly, would enjoy retiring here (if they can afford it).

 

Local economy is driven by

Technology and professional services drive the economy. Santa Monica is home to several business headquarters, including  Hulu, Universal Music Group, Lionsgate Films, and the RAND Corporation.

 

Climate and Physical Environment

The city enjoys about 310 days of sunshine a year. The average January temperature is 58 degrees, with July's average at 69 degrees.

 

Restaurants & Cultural Scene

Along with a vibrant downtown, parks, miles of beaches and outdoor recreation, Santa Monica also offers more than 75 museums and art galleries. Bergamot Station, an old train depot, contains some 35 galleries, including the Santa Monica Museum of Art. Central to Downtown Santa Monica is Third Street Promenade, a pedestrian-only area lined with restaurants, shops and street performers that attracts thousands of tourist everyday.

 

Crime

The crime rate here is very high, compared to the national average, but much of that is petty crime or property crimes. There is a large homeless population as in many California towns.

 

Medical facilities

Hospitals in Santa Monica include Saint John's Health Center and Santa Monica-UCLA Medical Center.

 

Transportation

The Expo Line is a light-rail train that runs between Santa Monica and Los Angeles, and buses also service the area; the city owns and operates Santa Monica Airport, a general aviation airport, and the Los Angeles International Airport is just eight miles away; Santa Monica is a biking community and is considered to be one of the leaders in bicycle infrastructure and programming in LA County; it is also a very walkable community.

 

Valuable Links

Santa Monica

 

What people are saying about Santa Monica

No Comments

Leave a Comment

To comment you must be a registered member of Topretirements.com

Login Here

 
OR

Create Your Free Membership Account

 
Suggest a community we want to know about your top retirement spots
Please note that all contributions to Topretirements may be edited, altered, or removed by other contributors. If you don't want your writing to be edited mercilessly, then don't submit it here. By submitting content and/or photographs here you agree to give Topretirements.com the rights to use them in any manner without cost or attribution.You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Project:Copyrights for details). DO NOT SUBMIT COPYRIGHTED WORK WITHOUT PERMISSION!
 
Facts about SANTA MONICA
  • State: CA
  • Environment: Urban,College Town,Coastal,Small-mid Sized City,Boating Community,Biking Community,
  • City Population: 50,001-100,000
  • Median age of Population: 25-44
  • Avg Jan Temperature: 41-60
  • Avg July Temperature: 60-80
  • Median HH Income: 60,001-80,000
  • Average Home Price (MLS): $500,001+
  • Annual Property Tax on a $200,000 house: 2000-4000
  • Total Crime Index: 121+ (very high)
  • Cost of Living Index: 121+ (very high)
  • Culture Index: 111-120 (high)
  • State Sales Tax: Yes
  • State Income Tax: Yes
  • Name of the Guide: jdb

Can you add to or correct these Facts? Or do you have a photo of this community we could use? If so, please click on Edit these facts

Santa Monica retirement communities
Vote on the Ratings for Santa Monica
Update Your Ratings
1. Overall Retirement Ratings Discuss

1. Rating: 0.0/5 ( 0 votes cast)

2. Expense:
Inexpensive to Luxury Discuss

2. Rating: 0.0/5 ( 0 votes cast)

3. Taxes:
Inexpensive to Expensive Discuss

3. Rating: 0.0/5 ( 0 votes cast)

4. Culture:
None to Cosmopolitan Discuss

4. Rating: 0.0/5 ( 0 votes cast)

5.Recreation:
None to Summer camp Discuss

5. Rating: 0.0/5 ( 0 votes cast)

6. Transportation:
Boondocks to World Hub Discuss

6. Rating: 0.0/5 ( 0 votes cast)

7. Security:
Dangerous to Ft. Knox Discuss

7. Rating: 0.0/5 ( 0 votes cast)

8. Medical Facilities:
None to Excellent Discuss

8. Rating: 0.0/5 ( 0 votes cast)

9. Political Situation:
Conservative to Liberal Discuss

9. Rating: 0.0/5 ( 0 votes cast)

10. Environmental:
Oblivious to Ultra-Green Discuss

10. Rating: 0.0/5 ( 0 votes cast)

 
 

Copyright © 2006-2016 Topretirements.com. All Rights Reserved.