Where Are Baby Boomers Likely To Retire?
Posted in Uncategorized on January 30th, 2010 by adminThe Urban Institute published a story about the growing population of baby boomers. Between 2010 and 2020, the senior population is expected to grow by some 36 percent. That’s an amazing number. And according to the Brookings Institution, these numbers will grow more rapidly in the southeast, the intermountain west and especially Texas.
The challenges to the economy and the housing crisis have slowed the plans of baby boomers. Florida has experienced a loss of migration with people from places like New York and Chicago choosing to remain in place for the time being. Yet surveys continue to indicate the boomers still have a desire to make a move. So where will are they likely to go??
Here are the places the Urban Institute predict to have the greatest boom in boomers.
Areas That Will Experience Senior Growth Due to the Aging of Baby Boomers
Metro area Growth rate
Raleigh-Cary, N.C. 31.6
Austin-Round Rock, Texas 30.1
Atlanta-Sandy Springs-Marietta, Ga. 29.8
Boise City-Nampa, Idaho 28.7
Las Vegas-Paradise, Nev. 27.8
Orlando-Kissimmee, Fla. 27.2
Houston-Sugar Land-Baytown, Texas 23.7
Dallas-Fort Worth-Arlington, Texas 22.7
Colorado Springs, Colo. 22.6
McAllen-Edinburg-Mission, Texas 21.5
Phoenix-Mesa-Scottsdale, Ariz. 21.0
Charleston-North Charleston, S.C. 20.8
Albuquerque, N.M. 19.5
Tucson, Ariz. 19.2
Washington-Arlington-Alexandria, D.C.-Va. 19.1
Salt Lake City, Utah 19.0
Charlotte-Gastonia-Concord, N.C.-S.C. 18.2
Denver-Aurora, Colo. 18.1
Nashville-Davidson-Murfreesboro-Franklin, Tenn. 18.1
Ogden-Clearfield, Utah 18.0



