This Charming Lakefront Florida City Was Just Named the Fastest-growing Retirement Community in the U.S.

The U.S. is experiencing a retirement surge as over 11,000 adults flip 65 each day, a historic report, which can lead to over 4 million retirees simply this 12 months. So the place are all these seniors relocating to spend their golden years?

On July 30, GOBankingRates released a new study that uncovered the fastest-growing retirement “boomtowns” within the nation, which it outlined as locations with populations which have grown by 20 p.c or extra since 2018. 

The non-public finance firm examined cities with no less than 7,500 residents aged 65 or older after which targeted on these with increased than nationwide averages within the one- and five-year p.c change in retirement-age inhabitants. After trying on the information, GOBankingRates named Leesburg, Florida, the fastest-growing retirement group within the U.S.

Situated 45 miles northwest of Orlando, it has a inhabitants of 38,000, with 28.9 p.c of residents over 65. Leesburg’s five-year progress in retirement-age adults is a powerful 54.8 p.c.

Whereas the small metropolis could also be tucked in the course of the state, it is nonetheless a water lover’s paradise. Leesburg sits on a few of the state’s finest lakefrontage and claims to be the nation’s best bass fishing region. There may be loads extra to see and do in its bustling downtown space that is full of lovely eating and buying, together with loads of occasions everybody can participate in, together with its annual Bikefest, the biggest three-day motorbike rally on the planet. 

Becoming a member of Leeburg on the high of the checklist is Goodyear, Arizona, in second, with its 65-plus age group rising by 54.1 p.c over the previous couple of years. 

Nonetheless, there was no beating Florida on this checklist. As GOBankingRates famous, 12 cities within the Sunshine State made the reduce, together with Edgewater (No.3), Tavares (No.5), Fort Pierce (No.7), Clermont (No.8), Port Saint Lucie (No.18), Winter Springs (No.19), Pensacola (No.21), Cape Coral (No.24), West Palm Beach (No.38), Palm Coast (No.41) and Ormond Seashore (No.49). 

Two Arizona cities made the highest 10—Goodyear (No.2) and Peoria (No.4). Maybe surprisingly, Galveston is the one metropolis in Texas to make it to the highest 50 at No. 9. The Lone Star State has one of the fastest-growing retirement populations within the nation.

You’ll be able to see the entire rating at gobankingrates.com.