9 Cities Where the Retirement Population Is Increasing
Along with the rest of the world, the United States is experiencing a rapid growth in its retirement population. The World Health Organization estimates that the world population aged 60 years and older will double from 1 billion to about 2 billion by 2050. To help you understand the best current hotspots for retirement in the U.S., we’ve listed nine cities experiencing significant growth in their senior populations, according to data from the U.S. Census Bureau.
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Cities With Growing Retirement Populations
Myrtle Beach, South Carolina
Myrtle Beach boasts the highest growth rate in senior residents, with a 23.1% increase from April 2020 to July 2023. Its affordable living, sunny climate and abundance of activities — from beaches to golf — make it a retirement haven.
Wilmington, North Carolina
With an 18.4% rise in its senior population, Wilmington has been on the rise as a coastal retreat for retirees since 2020. Its mild weather, scenic beauty and active arts community make it perfect for those seeking a relaxed yet culturally rich lifestyle.
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Raleigh-Cary, North Carolina
Raleigh-Cary had an 18.3% growth in its senior population from April 2020 to July 2023, driven by its mild climate, affordable housing and access to quality healthcare. The area’s universities and tech industry add to its appeal for retirees looking for both activity and a high quality of life.
College Station, Texas
This region saw a 17.6% increase in its senior population from 2020 to 2023. Known for its academic institutions and peaceful environment, College Station offers retirees an affordable cost of living and a slower pace of life.
Austin, Texas
Austin experienced a 17.3% growth in its senior population since 2020. The city’s warm climate, lack of state income tax and vibrant cultural scene continue to attract retirees. Austin offers a mix of urban amenities, healthcare and outdoor activities, making it a desirable retirement location.
Boise City, Idaho
Boise experienced a 17.1% growth in its senior population from 2020 to 2023, thanks to its affordable living and outdoor recreation. The city offers a slower pace of life while providing access to cultural events and healthcare services. Retirees can enjoy hiking, skiing and a high quality of life, making Boise an ideal destination for those seeking both tranquility and engagement.
Charleston, South Carolina
Charleston saw a 15.7% growth in its senior population from 2020 to 2023. Known for its rich history, temperate climate and vibrant cultural scene, Charleston attracts retirees seeking a blend of relaxation and activity. The city’s excellent healthcare services and coastal location further enhance its appeal.
Provo, Utah
Provo saw a 15% increase in its senior population from 2020 to 2023, driven by its scenic beauty and outdoor activities. The city offers a peaceful environment with low crime rates and top-tier healthcare. Proximity to Brigham Young University adds a vibrant atmosphere, while the moderate climate and active lifestyle make it extra appealing to retirees.
Dallas-Fort Worth, Texas
Dallas-Fort Worth saw a 15% increase in its senior population from 2020 to 2023, fueled by its strong economy, world-class healthcare and cultural amenities. The metroplex offers a mix of urban and suburban living, making it ideal for retirees seeking both excitement and comfort. Texas’ tax advantages and an extensive transportation system further add to the area’s allure.
Benefits of Retiring in Growing Cities
Retiring in these cities comes with advantages, including a lower cost of living, access to quality healthcare and vibrant, active communities. Each city’s perks are both unique and similar to other top-ranking retirement hotspots. Whether you prioritize outdoor recreation, cultural experiences or affordability, these destinations offer a well-rounded lifestyle tailored to retirees that thousands are already enjoying.
The Takeaway
These cities reflect a rising trend of retirees gravitating toward destinations with affordable living, high-quality healthcare and welcoming communities. As more baby boomers retire, places like Raleigh-Cary, Austin and Las Vegas are becoming popular for their dynamic, fulfilling environments. By carefully weighing your personal preferences and practical needs, you can find the ideal city to call home in your golden years.
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