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real estate Baby Boomers Are Flocking To These 2 Trendy Phoenix Zip Codes A new study shows that baby boomers are big fans of cities. By Feroze Dhanoa, Patch Staff Jun 14, 2019 11:13 am ET.
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Florida remains a top destination for retirement, followed by Arizona and the Carolinas; The top three community amenities that baby boomers want in their next home’s location: grandkids, access to water and plenty of park/open space; Cost of living is the top consideration for the location of baby boomer’s next homes in retirement
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In its "Where Baby Boomers Go to Find Their Best Place to Retire," Retirements.com lists Asheville as number one, followed by Sarasota and Venice, Florida; Green Valley, Arizona; and three South.
Many Boomers will move to traditional retirement locations, such as Arizona and Florida, according to Gronbach. In fact, Phoenix and Orlando made SpareFoot’s new list of Baby Boomer Boom Towns, but neither one came out on top.
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The zips with the largest share of baby boomers are mostly spread across Arizona and Florida Colloquially known as a major retirement destination, Arizona has 5 zip codes with the largest share of seniors. With an affordable cost of living and a warm dry climate, the state is a favorite among active adults.
Lawrence Yun, nar chief economist, says Florida and Arizona cities attract many baby boomers. In addition, the share of men and women working after their 65th birthday has increased, setting the stage for elevated baby boomer buying activity in metro areas with a dynamic local economy, adequate housing supply and a lower cost of living.
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