Through extensive research, we have discovered a rapidly increasing need for Assisted Living Facilities in the United States. Right now, there is a shortage of beds to accommodate the demand while baby boomers are just hitting the cusp of retirement and are looking for assistance in their day to day life. Between 1946 and 1964, the Baby Boomer years, there were 76 million births and as of today we’re looking at over 10,000 of these baby boomers retiring daily! This can only mean one thing; we have an issue that we need to get in front of…
Tallahassee, FL is currently seeing an increase in senior citizens looking to retire and ride off into the sunset.
Since 2010, the population of residents over 65 has increased by 15 percent while the population ranging from birth to 65 years old has remained virtually the same.
To be more specific, the 65 and over population grew by about 4,000, but the population under-65 only lost an estimated 1,000 people. Seniors have been migrating to the county thanks to recent initiatives promoting Tallahassee as a place for baby boomers to retire.
Tallahassee has been named the favorite U.S. city for baby boomers to retire by the Washington Economics Group. Tallahassee, Florida won out of over 20 cities considered for the award of the “ideal place to retire”.
The selection was made after a survey was taken by Mason-Dixon Polling & Research, which found a third of baby boomers would consider moving to another state for the most valuable living conditions to them. Chief among those conditions identified by boomers are a mid-sized town offering a pleasant warm climate with a mild hint of winter, low cost of living and favorable tax rates.
“Through the Mason-Dixon Poll, we’re learning exactly what baby boomers are looking for as they near retirement and where they can find it.”
- Economist Tony Villamil
Founder of the Washington Economics Group
Florida Health Care Association
Senior Market Research Associate