Planning a Move? These Areas Saw the Biggest Boosts in 65-and-Over Residents

Planning a Move? These Areas Saw the Biggest Boosts in 65-and-Over Residents
A look at the Austin, Texas, skyline (Photo by Greg Gaynor of Fokus Waterfront/Getty Images)

Three Texas cities cracked a top 10 list of locations ranked by growth in their senior citizen population, with Austin taking top honors thanks to a spike of more than 90% over a decade.

 

The listing, compiled by Moody’s Analytics, compares 2010 and 2020 census data to create its rankings. Austin’s 90.4% growth in 65-and-over residents over that span outpaced the field, followed by Boise, Idaho (78.9%) and Raleigh-Durham, N.C. (75.8%). Atlanta; Houston; Charleston, S.C.; Jacksonville, Fla.; Dallas; Colorado Springs, Colo.; and suburban Virginia round out the rankings.

 

The report also included details on vacancy rates in the popular regions, as well as rent increases for independent living, assisted living, memory care, and skilled nursing facilities.

 

[SURVIVING SPOUSE CORNER: Is a 55 and Older Community Right for You?]

 

It also offered vacancy rates for senior housing – Texas cities had the highest, with Dallas (17.2%), Houston (17.1%) and Austin (15.3%) in the top spots. Boise had the lowest (8.8%), likely adding to its 15.6% assisted living rent increase, highest on the list.

 

MOAA Resources

If you’re considering a move to these growing areas or others, MOAA has some materials to help you take your next steps:

  • Digital Retirement Guide: The online version of the popular Military Officer magazine feature has a searchable database of sponsoring communities, with veteran-specific fields like distance to DoD and VA facilities.

  • Member-Exclusive Publications: Premium and Life members can download investment tips and information regarding service-earned benefits that will help you reach your retirement goals.

  • Retirement Resources: MOAA’s Retirement Page includes the latest on retirement plan regulations, details on long term care insurance options, and links to other MOAA benefits of interest to retirees and soon-to-be retirees, including estate planning with Everplans.

  • Military Officer Magazine Live and Play: Not sure where to start your relocation plans? This annual feature blends profiles of retirement communities across the nation with tourist stops, military history, and more.

 

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About the Author

Kevin Lilley
Kevin Lilley

Lilley serves as MOAA's digital content manager. His duties include producing, editing, and managing content for a variety of platforms, with a concentration on The MOAA Newsletter and MOAA.org. Follow him on Twitter: @KRLilley