Baby Boomers love Cities too - Real Estate, Updates, News & Tips

Baby Boomers love Cities too

The assumption that baby boomers want to settle in a suburban McMansion may not live up to their reality. The older generation loves city life, too, and researchers are finding more urban dwellers in that age group, according to a new analysis from RENTCafe of U.S. Census Bureau data from the 250 largest U.S. cities.

In fact, New York City claimed 14 places on RENTCafe’s list of the top 20 ZIP codes with the largest baby boomer populations—Brooklyn, N.Y., had the highest in the nation.

Las Vegas tops the list of the most trending places for baby boomers. It has seen the largest increase in a ZIP code in the past five years at 79% of boomers. Austin, Texas, and Mesa, Ariz., are also seeing a large growth in their baby boomer populations (at 74% and 66%, respectively). The South also continues to appeal to this age group, claiming nine of the top 20 ZIP codes on the list. By share of the population—30% or more—baby boomers make up the largest populations in Scottsdale, Ariz.; Tucson, Ariz.; Amarillo, Texas; Pompano Beach, Fla.; and Fort Lauderdale, Fla.

RentCafe baby boomers top cities. Visit source link at the end of this article for more information.

Source: “The Most Popular ZIP Codes for Baby Boomers: New York Challenges Sunny Locations for the Title,” RENTCafe (June 3, 2019)

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