50 Fastest-Growing Retirement Hubs

GOBankingRates’ latest report takes a look at America’s fastest-growing cities for retirement hot spots

Whether it’s because of costs or an urge for a refresh, workers are relocating to different states for retirement.

A study by online moving-services marketplace HireAHelper last year found that over 338,000 Americans relocated to a new setting for retirement in 2023, and about a quarter of those moved across state lines.

While retirees are moving at a quickening pace, a new GOBankingRates report finds there are no shortages of cities for retirees to fulfill their retirement dreams, whether that includes leisure strolls on the beach, going for a hike, visiting museums, or other activities.

Retirees may also relocate to make their money go further. According to the report, Goodyear, Arizona, ranked as the fastest-growing city, but was also in the top three among cities with the highest Social Security income according to recent findings from SmartAsset. Sugarland, Texas, another emerging city according to GOBankingRates, ranked sixth in the SmartAsset findings.

Other findings from the GOBankingRates report includes:

• Four out of the top 10 up-and-coming cities are in Florida, including Clermont, North Port, Fort Meyers and Vero Beach South. 
• Unsurprisingly, Florida also has the most cities out of all the states on the top 50 lists, with 12 retirement hot spots overall.  

Below are the top 50 fastest-growing cities for retirees, from lowest to highest.

50. Lafayette, Louisiana

• 5-year percentage increase in retirement age population of people 65 and over: 23%
• 1-year percentage increase in population of people over 65: 4%
• 2022 percentage of the population who are 65 and older: 17%

49. Napa, California

• 5-year percentage increase in retirement age population of people 65 and over: 23%
• 1-year percentage increase in population of people over 65: 4%
• 2022 percentage of the population who are 65 and older: 18%

48. Middletown, Ohio

• 5-year percentage increase in retirement age population of people 65 and over: 23%
• 1-year percentage increase in population of people over 65: 6%
• 2022 percentage of the population who are 65 and older: 18%

47. Roseville, California

• 5-year percentage increase in retirement age population of people 65 and over: 24%
• 1-year percentage increase in population of people over 65: 8%
• 2022 percentage of the population who are 65 and older: 17%

46. Lake Oswego, Oregon

• 5-year percentage increase in retirement age population of people 65 and over: 24%
• 1-year percentage increase in population of people over 65: 5%
• 2022 percentage of the population who are 65 and older: 22%

45. Bellingham, Washington

• 5-year percentage increase in retirement age population of people 65 and over: 24%
• 1-year percentage increase in population of people over 65: 6%
• 2022 percentage of the population who are 65 and older: 17%

44. Eugene, Oregon

• 5-year percentage increase in retirement age population of people 65 and over: 25%
• 1-year percentage increase in population of people over 65: 6.%
• 2022 percentage of the population who are 65 and older: 17%

43. Methuen Town, Massachusetts

• 5-year percentage increase in retirement age population of people 65 and over: 25%
• 1-year percentage increase in population of people over 65: 5%
• 2022 percentage of the population who are 65 and older: 17%

42. St. Peters, Missouri

• 5-year percentage increase in retirement age population of people 65 and over: 26%
• 1-year percentage increase in population of people over 65: 8%
• 2022 percentage of the population who are 65 and older: 18%

41. Portland, Maine

• 5-year percentage increase in retirement age population of people 65 and over: 26%
• 1-year percentage increase in population of people over 65: 10%
• 2022 percentage of the population who are 65 and older: 17%

Next page: Top 40 to 31 fastest-growing cities