2 NJ towns make list of fastest-growing retirement hotspots, according to GOBankingRates
According to a GOBankingRates study, seniors heading into their golden years are flocking to retirement hotspots across the country. The population in these locations has increased more than 20% since 2018.
The personal finance website sourced data from the U.S. Census Bureau to analyze growing cities for ages 65-plus.
Cities with a population of 7,500 needed higher than national averages in the one-year and five-year percent change in population to be considered on the list.
Key findings:
Leesburg, Florida, and Goodyear, Arizona, take first and second place in the rankings, each with retirement populations that have boomed over 54% since 2018.
Five surprising non-Florida hotspots, including two Arizona cities, rounded out the top 10. They are Goodyear (No. 2); Peoria, Arizona (No. 4); Lacey, Washington (No. 6); Galveston, Texas (No. 9); and Vestavia Hills, Alabama (No. 10).
Galveston is the only Texas city to break the top 50.
Two cities from the Garden State are included on the list of towns with retirement cities.
New Jersey retirement cities
Clifton, New Jersey
Population 65+ (%): 18.3%
1-Year Population Ages 65+ Increase (%): 4.3%
5-Year Population Ages 65+ Increase (%): 26.7%
Hackensack, New Jersey
Population 65+ (%): 17.1%
1-Year Population Ages 65+ Increase (%): 4%
5-Year Population Ages 65+ Increase (%): 24.1%
This article originally appeared on Asbury Park Press: Top 10 retirement hotspots includes these New Jersey towns
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