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Here’s Why Florida Is the Most Desirable City in the US for Retirees

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Here’s Why Florida Is the Most Desirable City in the US for Retirees

Here’s Why Florida Is the Most Desirable City in the US for Retirees

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According to a new study, the Sunshine State remains one of the top destinations for retired US citizens and those about to retire. America’s working generation is set to retire many members over the next couple of years. As it stands, over eight million people have moved to a different state since 2022, and many are retirees looking for their forever homes.

Americans Are on the Move

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According to the U.S. Census Bureau, Americans are moving between states at record numbers. There were more than 8.2 million interstate moves in just 2022. Companies and organizations have worked hard to monitor the movement and have tracked down the most popular destinations of the year in a new report.

Florida Is Top of the List

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The state has had its share of issues with property tax increases, insurance rises, and natural disasters, but retirees still think of the tropical paradise as a great retirement choice. A report issued by a moving company, MoveBuddha, shared that Central Florida has ranked as the top destination.

The Largest Retirement Community Globally

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The Villages in Central Florida is considered to be the largest retirement community in the country and the world. The area also had the best move-in ratio, with 4.38 people moving in for every one person moving out.

Baby Boomers and Retirement

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A new trend in the social ladder has begun as the Baby Boomer generation begins to retire. The massive American population makes up just over 73 million people.

A Tsunami of New Residents

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Thanks to the massive numbers of the Baby Boomer generation and their love for Florida, researchers have named their massive move the ‘Silver Tsunami.’ Although Florida has always been a favorite among retirees, the influx of new residents has increased like never before.

Spending Money Where It Matters

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The new generation of seniors has proven with their recent actions that they aren’t necessarily moving where the housing prices are the cheapest. The national average home value is $347,716, but the average house in The Villages is about $407,528.

Other Popular Beach Communities 

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In a different state, another beachside town has gained popularity with the aging demographic, making the state one of the top three most popular places to move to in 2024. It’s called Myrtle Beach, and it is located in South Carolina.

Why South Carolina Is Popular 

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South Carolina’s laid-back community and slow way of life make it super popular with seniors and retirees. In Myrtle Beach alone, over a fifth of the population is 65 or over, which is retirement age. As such it is safe to say that many residents of the area will be sporting gray hairs.

Another Popular Spot Is North Carolina

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Aside from Myrtle Beach, there is another area known for its popularity: the stunning town of Asheville.
It is regrettably landlocked, but the city has a thriving art scene and expansive natural beauty. The town is also popular with young families who go out for adventure.

The Country’s Baby Boomtown

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Unlike the cities in the Carolinas, The Villages in Florida is made up of 33 square miles, and every foundation laid was done meticulously with a grand plan in mind. Indeed, the founders of the town and the city planners intended to make it easily accessible and walkable so the community would attract the new aging population.

Something About the Sunshine

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Also, Florida is famous for the massive amount of sunshine it gets throughout the year, except during monsoon season or hurricanes. Not only does the warmer weather encourage people to get out and do stuff, but the sunshine also helps people boost their serotonin and feel happier. Moving to The Villages from a rainier place will definitely give residents a boost of morale as they settle into their new home and life.