With this in mind, SmartAsset examined Census Bureau data for 268 of the largest U.S. cities to see where people between the ages of 55 and 74 are moving.
(Stacker) — While many baby boomers have now entered retirement, many more remain in the workforce with retirement upcoming. As this generation transitions into retired life, many may choose to move to a city more suitable for their new cash flows and routines. Some places may offer better tax advantages, lower cost of living, proximity to family, comfortable weather, and other amenities for retirees. Ultimately, the migration of boomers – and their economic power – will impact the local economies they move to and from.
With this in mind, SmartAsset examined Census Bureau data for 268 of the largest U.S. cities to see where people between the ages of 55 and 74 are moving. Cities are ranked by the rate at which baby boomers moved in in 2022.
1. Clearwater, FL
Baby boomers who moved to Clearwater in 2022 accounted for 3.79% of the city's total population. 4,401 people from this age group moved into the city. Overall, the 31,349 baby boomers living in Clearwater made up 27.0% of the city's total population over the age of 1.
2. Reno, NV
A total of 8,329 baby boomers relocated to Reno in 2022. These new residents represented 3.07% of the city's population. Overall, 62,688 baby boomers living in Reno accounted for 23.1% of residents.
3. Orlando, FL
In 2022, Orlando welcomed 9,458 new residents from the baby boomer generation. Those newcomers accounted for 3.02% of the city's total population over the age of 1. Boomers now comprise 16.6% of the Orlando community, with a total of 51,927 individuals.
4. Cape Coral, FL
Baby boomers who moved to Cape Coral in 2022 made up 2.90% of the city's total population over the age of 1. A total of 6,233 people from this age group moved into the city that year, as baby boomers made up 29.9% of the overall population.
5. Billings, MT
Billings saw 3,401 baby boomers move into the city, accounting for 2.87% of the city's population. With the influx, baby boomers now comprise 22.5% of residents over the age of 1.
6. Surprise, AZ
4,372 baby boomers relocated to Surprise, making up 2.86% of the total population over the age of 1. This led to a total of 36,420 baby boomers living in Surprise in 2022. This generation constituted 23.8% of the overall community.
7. Henderson, NV
The 9,219 boomers who moved to Henderson in 2022 made up 2.80% of the city's total population. Meanwhile, a total of 84,183 boomers were living in Henderson in 2022, accounting for 25.6% of residents.
8. Mesa, AZ
Of the 108,881 baby boomers living in Mesa in 2022, 13,623 moved to the city that year. Newcomers in this age group made up 2.69% of the city's total population over the age of 1.
9. High Point, NC
High Point welcomed 3,051 new residents from the baby boomer generation in 2022. In total, the city's 26,023 baby boomers comprised 22.9% of the overall population over the age of 1. Baby boomers who moved to High Point that year accounted for 2.69% of residents.
10. St. Petersburg, FL
A total of 6,903 baby boomers moved to St. Petersburg in 2022, accounting for 2.67% of the total population over the age of 1. That year, 66,631 baby boomers – 25.75% of all residents over the age of 1 – called St. Petersburg home.
Data comes from the U.S. Census Bureau 1-Year American Community Survey for 2022. The study included 268 cities that had available data and 100,000 or more people ages 1 or over. Boomers were defined as people ages 55 to 74. Cities were ranked by the percentage of the total population represented by boomers who moved into the city in 2022.
This story was produced by SmartAsset and reviewed and distributed by Stacker Media.
