Florida #1 Destination for Retirees

Florida #1 Destination for Retirees

Jim McCool
Jim McCool
|
January 24, 2024

In some not so shocking news, Florida has been ranked the #1 state to retire.  The same study also gave Florida the best quality of life for seniors among all 50 states.

Governor Ron DeSantis (R-FL) has taken credit for this through his policy making.

"Florida’s strong economy and low taxes create opportunities for families which is why Florida continues to lead the nation in net in-migration," said Governor Ron DeSantis. "We are proud to be the top destination for retirement."

The DeSantis Administration believes that WalletHub, the source that conducted the study, ranked Florida first because of low taxes, health services available for seniors at an affordable price and the multitude of attractions available for seniors to enjoy. Wallethub also ranked Florida #4 for affordability for seniors, in comparison to other states. New York ranked #44 overall amongst best states to retire, with affordability ranking #50 for seniors. California ranked #17 overall, with affordability ranking #33 for seniors.

These facts however, run contrary to the narrative that housing and population rates are only going up in the state and less convenient.  In 5 years, the median price of a single-family house in Florida rose $150,000, or 60%. According to Redfin, the average cost of a home in March 2018 was approximately $250,000. In March 2023, it was roughly $400,000.

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Jim McCool

Jim McCool

Jim is a graduate of Florida State University where he studied Political Science, Religion and Criminology. He has been a reporter for the Floridian since January of 2021 and will start law school in 2024.

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