18 May
- Image by Robert of Fairfax via Flickr
According to the NAHB and the Assisted Living Federation of America (ALFA), Georgia’s senior population will increase by 40 percent between 2010 and 2020.
Urban Institute researchers are calling the influx of retiring baby boomers a “tsunami of senior growth in the next decade,” and pinpoints 20 U.S. cities where most of these individuals will retire – which identifies those markets where senior housing and care also will see the most growth.
These are the metro areas that will experience the most growth due to retiring baby boomers:
1. Raleigh-Cary, NC (31.6%)
2. Austin-Round Rock, TX (30.1%)
3. Atlanta-Sandy Springs-Marietta, GA (29.8%)
4. Boise City-Nampa, ID (28.7%)
5. Las Vegas-Paradise, NV (27.8%)
6. Orlando-Kissimmee, FL (27.2%)
7. Houston-Sugar Land-Baytown, TX (23.7%)
8. Dallas-Fort Worth-Arlington, TX (22.7%)
9. Colorado Springs, CO (22.6%)
10. McAllen-Edinburg-Mission, TX (21.5%)
11. Phoenix-Mesa-Scottsdale, AZ (21.0%)
12. Charleston-North Charleston, SC (20.8%)
13. Albuquerque, NM (19.5%)
14. Tucson, AZ (19.2%)
15. Washington-Arlington-Alexandria, DC/VA (19.1%)
16. Salt Lake City, UT (19.0%)
17. Charlotte-Gastonia-Concord, NC/SC (18.2%)
18. Denver-Aurora, CO (18.1%)
19. Nashville-Davidson-Murfreesboro-Franklin, TN (18.1%)
20. Ogden-Clearfield, UT (18.0%)