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The Honest Broker: Retirees are seeking Florida

THE HONEST BROKER:  MARKET WATCH For January 2021

The Honest Broker: Retirees are seeking Florida

This is not news to any of us.  We have known this to be the case for decades.  Our state population has 20% of its citizens as retired.  That is a big number.  However, the new report shows that there is a surge in retirees coming to Florida’s metro areas with 7 out of the top ten slots and 13 of the top 25 slots.  

I would like to pass on the following excerpt of the article.

U.S. News & World Report’s announcement of top retirement destinations says it’s “dominated by Florida metro areas, largely due to affordable homes, low taxes and high ratings for happiness and desirability.”   

An increase in Desirability and Job Market scores lifted Sarasota from No. 2 last year to No. 1 this year – but it overtook another Florida city, Fort Myers, which became No. 2. And while Port. St. Lucie’s Housing Affordability score decreased slightly, increases in Desirability, Job Market and Health Care scores helped it jump two places to No. 3.

Miami also saw a decrease in Housing Affordability, but it broke into the top 10 this year, jumping five places to No. 9 thanks to Desirability and Job Market score increases.

The 2020-2021 Best Places to Retire were determined based on a methodology that factored in happiness, housing affordability, health care quality, retiree taxes, desirability, and job market ratings. These measures were weighted based on a public survey of individuals across the U.S. who are nearing retirement age (ages 45-59) and those who are of retirement age (60 or older) to find out what matters most when considering where to retire. Data sources include the U.S. Census Bureau and the Bureau of Labor Statistics, as well as U.S. News rankings of the Best Hospitals.

2020-2021 Best Places to Retire – Top 25

  • Sarasota                         14. Manchester, N. H
  • Fort Myers                    15. Daytona Beach
  • *PORT ST. LUCIE      16. Orlando
  • Naples                            17. Dallas-Fort Worth, TX
  • Lancaster, Pa.                 18. Lakeland
  • Ocala                              19. Chattanooga, TN
  • Ann Arbor, Mich.           20. Tampa
  • Asheville, N.C.               21. Grand Rapids, MI
  • Miami                             22. Houston, TX
  • Melbourne                     23. Charlotte, NC
  • Myrtle Beach, S.C.          24. San Antonio, TX
  • Nashville, Tenn.              25. Pensacola
  • Jacksonville

As you can see, Port St. Lucie is in the #3 spot showing the desirability of moving to St. Lucie County and the surrounding suburbs. This is going to have a positive impact on our growth and economy.

Happy New Year!

Diane Lott, Broker

Owner: Paradise Found Realty

*The highest compliment you can give is when you feel you can refer a friend…
  Hope to see them soon!

Paradise Found Realty, Inc. of Palm City

website:  www.ParadiseFoundRealtyFl.com

Email:  diane@paradisefoundrealtyfl.com

Phone:  954-294-5060

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