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
Top 40 to 31 fastest-growing cities
40. Kaneohe, Hawaii
- 5-year percentage increase in retirement age population of people 65 and over: 26%
- 1-year percentage increase in population of people over 65: 7%
- 2022 percentage of the population who are 65 and older: 24%
39. Hilo, Hawaii
- 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: 23%
38. Carmichael, California
- 5-year percentage increase in retirement age population of people 65 and over: 27%
- 1-year percentage increase in population of people over 65: 7%
- 2022 percentage of the population who are 65 and older: 20%
37. Prescott, Arizona
- 5-year percentage increase in retirement age population of people 65 and over: 28%
- 1-year percentage increase in population of people over 65: 5%
- 2022 percentage of the population who are 65 and older: 41%
36. Pahrump, Nevada
- 5-year percentage increase in retirement age population of people 65 and over: 28%
- 1-year percentage increase in population of people over 65: 6%
- 2022 percentage of the population who are 65 and older: 32%
35. Novato, California
- 5-year percentage increase in retirement age population of people 65 and over: 28%
- 1-year percentage increase in population of people over 65: 7%
- 2022 percentage of the population who are 65 and older: 25%
34. Palm Bay, Florida
- 5-year percentage increase in retirement age population of people 65 and over: 29%
- 1-year percentage increase in population of people over 65: 10%
- 2022 percentage of the population who are 65 and older: 19%
33. Randallstown, Maryland
- 5-year percentage increase in retirement age population of people 65 and over: 29%
- 1-year percentage increase in population of people over 65: 7%
- 2022 percentage of the population who are 65 and older: 21%
32. Catonsville, Maryland
- 5-year percentage increase in retirement age population of people 65 and over: 29%
- 1-year percentage increase in population of people over 65: 4%
- 2022 percentage of the population who are 65 and older: 22%
31. Santa Fe, New Mexico
- 5-year percentage increase in retirement age population of people 65 and over: 29%
- 1-year percentage increase in population of people over 65: 4%
- 2022 percentage of the population who are 65 and older: 25%
Next Page: Top 30 to 21 fastest-growing cities
Top 30 to 21 fastest-growing cities
30. Cape Coral, Florida
- 5-year percentage increase in retirement age population of people 65 and over: 30%
- 1-year percentage increase in population of people over 65: 5%
- 2022 percentage of the population who are 65 and older: 25%
29. Kendale Lakes, Florida
- 5-year percentage increase in retirement age population of people 65 and over: 30%
- 1-year percentage increase in population of people over 65: 8%
- 2022 percentage of the population who are 65 and older: 24%
28. Grand Junction, Colorado
- 5-year percentage increase in retirement age population of people 65 and over: 30%
- 1-year percentage increase in population of people over 65: 7%
- 2022 percentage of the population who are 65 and older: 20%
27. Norwich, Connecticut
- 5-year percentage increase in retirement age population of people 65 and over: 30%
- 1-year percentage increase in population of people over 65: 14%
- 2022 percentage of the population who are 65 and older: 19%
26. White Plains, New York
- 5-year percentage increase in retirement age population of people 65 and over: 31%
- 1-year percentage increase in population of people over 65: 7%
- 2022 percentage of the population who are 65 and older: 20%
25. Cleveland, Tennessee
- 5-year percentage increase in retirement age population of people 65 and over: 31%
- 1-year percentage increase in population of people over 65: 7%
- 2022 percentage of the population who are 65 and older: 17%
24. Sunrise, Florida
- 5-year percentage increase in retirement age population of people 65 and over: 31%
- 1-year percentage increase in population of people over 65: 4%
- 2022 percentage of the population who are 65 and older: 20%
23. Annapolis, Maryland
- 5-year percentage increase in retirement age population of people 65 and over: 31%
- 1-year percentage increase in population of people over 65: 8%
- 2022 percentage of the population who are 65 and older: 19%
22. Miami Gardens, Florida
- 5-year percentage increase in retirement age population of people 65 and over: 32%
- 1-year percentage increase in population of people over 65: 7%
- 2022 percentage of the population who are 65 and older: 17%
21. Oak Park, Illinois
- 5-year percentage increase in retirement age population of people 65 and over: 32%
- 1-year percentage increase in population of people over 65: 9%
- 2022 percentage of the population who are 65 and older: 17%
Next Page: Top 20 to 11 fastest-growing cities
Top 20 to 11 fastest-growing cities
20. Peachtree City, Georgia
- 5-year percentage increase in retirement age population of people 65 and over: 32%
- 1-year percentage increase in population of people over 65: 7%
- 2022 percentage of the population who are 65 and older: 20%
19. Port St. Lucie, Florida
- 5-year percentage increase in retirement age population of people 65 and over: 32%
- 1-year percentage increase in population of people over 65: 9%
- 2022 percentage of the population who are 65 and older: 21%
18. Myrtle Beach, South Carolina
- 5-year percentage increase in retirement age population of people 65 and over: 33%
- 1-year percentage increase in population of people over 65: 7%
- 2022 percentage of the population who are 65 and older: 22%
17. Olympia, Washington
- 5-year percentage increase in retirement age population of people 65 and over: 34%
- 1-year percentage increase in population of people over 65: 6%
- 2022 percentage of the population who are 65 and older: 19%
16. Coeur d’Alene, Idaho
- 5-year percentage increase in retirement age population of people 65 and over: 34%
- 1-year percentage increase in population of people over 65: 8%
- 2022 percentage of the population who are 65 and older: 20%
15. Lacey, Washington
- 5-year percentage increase in retirement age population of people 65 and over: 34%
- 1-year percentage increase in population of people over 65: 8%
- 2022 percentage of the population who are 65 and older: 18%
14. Fort Pierce, Florida
- 5-year percentage increase in retirement age population of people 65 and over: 36%
- 1-year percentage increase in population of people over 65: 11%
- 2022 percentage of the population who are 65 and older: 21%
13. Rio Rancho, New Mexico
- 5-year percentage increase in retirement age population of people 65 and over: 36%
- 1-year percentage increase in population of people over 65: 7%
- 2022 percentage of the population who are 65 and older: 17%
12. Grove City, Ohio
- 5-year percentage increase in retirement age population of people 65 and over: 37%
- 1-year percentage increase in population of people over 65: 9%
- 2022 percentage of the population who are 65 and older: 18%
11. Mesquite, Nevada
- 5-year percentage increase in retirement age population of people 65 and over: 39%
- 1-year percentage increase in population of people over 65: 10%
- 2022 percentage of the population who are 65 and older: 45%
Next Page: The Top 10 fastest-growing cities
The Top 10 fastest-growing cities
10. Vero Beach South, Florida
- 5-year percentage increase in retirement age population of people 65 and over: 39%
- 1-year percentage increase in population of people over 65: 9%
- 2022 percentage of the population who are 65 and older: 28%
9. Longmont, Colorado
- 5-year percentage increase in retirement age population of people 65 and over: 40%
- 1-year percentage increase in population of people over 65: 6%
- 2022 percentage of the population who are 65 and older: 17%
8. Peoria, Arizona
- 5-year percentage increase in retirement age population of people 65 and over: 40%
- 1-year percentage increase in population of people over 65: 9%
- 2022 percentage of the population who are 65 and older: 19%
7. Fort Myers, Florida
- 5-year percentage increase in retirement age population of people 65 and over: 42%
- 1-year percentage increase in population of people over 65: 9%
- 2022 percentage of the population who are 65 and older: 22%
6. Gallatin, Tennessee
- 5-year percentage increase in retirement age population of people 65 and over: 47%
- 1-year percentage increase in population of people over 65: 10%
- 2022 percentage of the population who are 65 and older: 17%
5. North Port, Florida
- 5-year percentage increase in retirement age population of people 65 and over: 49%
- 1-year percentage increase in population of people over 65: 8%
- 2022 percentage of the population who are 65 and older: 28%
4. El Dorado Hills, California
- 5-year percentage increase in retirement age population of people 65 and over: 50%
- 1-year percentage increase in population of people over 65: 9%
- 2022 percentage of the population who are 65 and older: 20%
3. Clermont, Florida
- 5-year percentage increase in retirement age population of people 65 and over: 54%
- 1-year percentage increase in population of people over 65: 8%
- 2022 percentage of the population who are 65 and older: 25%
2. Sugar Land, Texas
- 5-year percentage increase in retirement age population of people 65 and over: 58%
- 1-year percentage increase in population of people over 65: 9%
- 2022 percentage of the population who are 65 and older: 18%
1. Goodyear, Arizona
- 5-year percentage increase in retirement age population of people 65 and over: 61%
- 1-year percentage increase in population of people over 65: 11%
- 2022 percentage of the population who are 65 and older: 18%
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