Forget New York: Gen X Is Following Boomers To Retirement-friendly Places Like Florida

Gen Xers are leaving behind big cities like New York.Getty; Rebecca Zisser/BIGen Xers are moving to retirement hot spots in Florida and Texas.Meanwhile, they're leaving behind big coastal cities in New York and California.Lower interest rates, remote work, and a strong economy might be driving Gen X migration patterns.Gen Xers are living like they're 20 years older — or at least moving to the favored locales of their retiree counterparts.An exclusive analysis of Census data for BI from the University of Virginia demographer Hamilton Lombard reveals the areas in the US that Gen Xers have left behind and where they went.!function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"]){var e=document.querySelectorAll("iframe");for(var t in a.data["datawrapper-height"])for(var r=0;rBetween 2020 and 2023, counties in Florida and Texas, many of which are retirement havens, experienced the largest increases in their Gen X populations — defined as those who were between 45 and 54 years old in 2023 — per the analysis.The analysis also found that the population of that demographic in "retirement destination" counties rose by 5.1% between 2020 and 2023, over three times as fast as the country's 1.6% growth rate in the same period.

Topics:  ;window.addeventlistener(   ,(function(a){if(void 0!==a.data[   ;window.addeventlistener(   ,(function(a){if(void 0!==a.data[   york.getty   rebecca zisser/bigen   new york   university   virginia   hamilton lombard   usda   fed   lombard   lee county   fort myers   cape coral   polk county   tampa   pasco county   montgomery county   collin county   dallas   fort bend county   south carolina's horry county   myrtle beach   arizona's pinal county   florence   disney world   the villages   census bureau's american community   los angeles county   cook county   chicago   kings county   brooklyn   queens county   september   december   working arrangements   gen xer   contact   business insider   xers   york   bi   gen   texas   california   gen x   florida   houston   la   villages   sumter county   survey   net   retirement   counties   moved   leaving   home   areas   a.data["datawrapper-height"])for(var   moving   e=document.queryselectorall("iframe");for(var   remote   var   rates   strong   top   residents   years   migration   economic   movers   housing   north   people   retiring   move   early   defined   lot   analysis   interest   living   economy   cities   fully   increase   period   growth   relocated   destination   demographic   market   destinations   options   members   pay   slightly   median   
BING NEWS:
  • Forget New York: Gen X is following boomers to retirement-friendly places like Florida
    Gen Xers are heading to retirement hot spots like the Villages and other retiree-heavy locales in Florida and Texas.
    01/10/2025 - 8:10 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News