Sarasota named Best Place to Retire in the U.S.Dec 22nd, 2010 | By Bea Weiss, Real Estate Consultant, Attorney | Category: Area Info, Blog, Sarasota
We did it again! In a survey conducted by Portfolio.com Bradenton/Sarasota earns the designation as America’s most popular retirement destination.
Portfolio.com devised a six-part formula to rank the most popular retirement destinations, using raw data collected by the U.S. Census Bureau. The study encompassed all 157 metropolitan and micropolitan areas with at least 40,000 senior citizens.
The highest scores this year went to areas where the population of seniors is already substantial and is growing rapidly. The study’s six factors included the percentage of residents who were 65 or older, the share of seniors who were born in another state, and the recent rate at which retirees moved to a specific market.Bradenton-Sarasota ranks first because of its striking performances in several categories:
- Nearly 27 percent of its residents are 65 or older, the fourth-highest concentration of seniors in any market. That’s more than double the national average of 12.9 percent.
- Bradenton-Sarasota has a median age of 48.1. A median is a midpoint, with half of all residents being older and half being younger. The national median age is 36.8 years.
- Fully 95 percent of the seniors in Bradenton-Sarasota moved to Florida from another state. Only 53 percent of the elderly residents of a typical U.S. market were born out of state.
But don´t think of Bradenton/Sarasota as an area that is for seniors only. There is also a big younger crowd that already enjoys to live in the sun!
If you are looking to buy or sell property in Bradenton/Sarasota give us a call at 941.866.1666.