"The U.S. population is aging rapidly. According to the U.S. Census Bureau, 17.3% of the population - about 57.8 million people in total - are over the age of 64. In 30 years, the number of Americans in this age group is projected to reach 84 million, accounting for 23% of the population. Many within the rapidly growing demographic group are geographically mobile, and every year, millions of Americans aged 65 and older pack up and move to a different part of the country."
"An estimated 28 million Americans relocated to a new home in 2022, and retirement age adults accounted for nearly one in four of those moves. The reasons older Americans decide to move to a new home often differ from the factors that motivate younger age groups - and as a result, certain parts of the country have become magnets for retirees."
An estimated 28 million Americans relocated to a new home in 2022, with retirement-age adults accounting for nearly one in four moves. The U.S. population includes 57.8 million people over age 64 (17.3%), and that cohort is projected to grow to 84 million (23% of the population) within 30 years. Estimates show nearly 41 million Americans relocated in 2022, and about 3.2 million of those movers were seniors. Older movers are commonly drawn to warmer climates, walkable communities with reliable public transit, and regions with lower taxes or below-average costs of living. Counties were ranked using five-year 2022 ACS data by inbound moves of adults 65+ from other counties, states, or abroad; intra-county relocations were excluded.
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