The town is an active resort with many retirees who either live along the beach or in one of the many active adult communities here (see link at left ).
Real Estate Values
Real estate prices were very volatile in 2007-2010. Average prices were in the $200's in 2010 according to City-Data, and then climbed to $300,000 at the end of 2011, and back down to $200,000 by the end of 2013, and continued to slide during 2014 to the mid- $100's. However, many retirees choose to live on the mainland side of the beach, where real estate prices are significantly less.In early 2020, Zillow reported the median home value to be $333,538, about a 16% rise over the past year. You can find a very nice home (1500-2000 sq. ft.) in a new community, for $150,000-$200,000. Being on the beach island itself will start at $350,000 and go up in price considerably for ocean front.