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Finance

America’s 50 Fastest-Growing Retirement Boomtowns

Last updated: July 30, 2025 7:36 am
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America’s 50 Fastest-Growing Retirement Boomtowns
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Contents
Key Findings1. Leesburg, Florida2. Goodyear, Arizona3. Edgewater, Florida4. Peoria, Arizona5. Tavares, Florida6. Lacey, Washington7. Fort Pierce, Florida8. Clermont, Florida9. Galveston, Texas10. Vestavia Hills, Alabama11. Myrtle Beach, South Carolina12. Grove City, Ohio13. Annapolis, Maryland14. Rio Rancho, New Mexico15. Coeur d’Alene, Idaho16. Longmont, Colorado17. Mesquite, Nevada18. Port Saint Lucie, Florida19. Winter Springs, Florida20. New Bern, North Carolina21. Pensacola, Florida22. Grand Junction, Colorado23. Cleveland, Tennessee24. Cape Coral, Florida25. Clifton, New Jersey26. Santa Fe, New Mexico27. Sierra Vista, Arizona28. Saint Peters, Missouri29. Mount Vernon, New York30. Marion, Iowa31. Petaluma, California32. Hackensack, New Jersey33. Diamond Bar, California34. Elmhurst, Illinois35. Eugene, Oregon36. Lake Oswego, Oregon37. Saint Charles, Missouri38. West Palm Beach, Florida39. Napa, California40. Niagara Falls, New York41. Palm Coast, Florida42. Pacifica, California43. Billings, Montana44. Kingman, Arizona45. Rapid City, South Dakota46. Shoreline, Washington47. Concord, New Hampshire48. Quincy, Massachusetts49. Ormond Beach, Florida50. Rocky Mount, North Carolina

Great minds are retiring alike in 2025. According to a new GOBankingRates study, the populations in 50 U.S. retirement hotspots have increased by 20% or more since 2018.

Check Out: GOBankingRates Original Research Center

Read Next: How Middle-Class Earners Are Quietly Becoming Millionaires — and How You Can, Too

To find those places, GOBankingRates sourced the latest publicly available U.S. Census Bureau data to analyze cities with at least 7,500 people ages 65-plus and a percentage of the population ages 65-plus that is greater than the national average of 16.84%.

Art Wager / iStock/Getty Images
Art Wager / iStock/Getty Images

Key Findings

  • Leesburg, Florida, and Goodyear, Arizona, take first and second place in our rankings, each with retirement populations that have boomed over 54% since 2018.

  • Twelve Florida cities ranked for their rapid growth, the most of any state: Leesburg (#1), Edgewater (#3), Tavares (#5), Fort Pierce (#7), Clermont (#8), Port Saint Lucie (#18), Winter Springs (#19), Pensacola (#21), Cape Coral (#24), West Palm Beach (#38), Palm Coast (#41) and Ormond Beach (#49).

  • Five surprising non-Florida hotspots, including two Arizona cities, rounded out the top 10. They include Goodyear (#2); Peoria, Arizona (#4); Lacey, Washington (#6); Galveston, Texas (#9); and Vestavia Hills, Alabama (#10).

  • Galveston is the only Texas city to break into the top 50.

Keep reading for the full list of America’s 50 fastest-growing retirement hotspots.

Also see America’s most expensive retirement towns.

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Michael Warren / Getty Images/iStockphoto
Michael Warren / Getty Images/iStockphoto

1. Leesburg, Florida

  • Population 65+ (%): 28.9%

  • 1-Year Population Ages 65+ Increase (%): 9.9%

  • 5-Year Population Ages 65+ Increase (%): 54.8%

View Next: Savings Needed To Be Rich in America’s Most Popular Retirement Destinations

MattGush / Getty Images/iStockphoto
MattGush / Getty Images/iStockphoto

2. Goodyear, Arizona

  • Population 65+ (%): 18.1%

  • 1-Year Population Ages 65+ Increase (%): 5.5%

  • 5-Year Population Ages 65+ Increase (%): 54.1%

Jon Bilous / Shutterstock.com
Jon Bilous / Shutterstock.com

3. Edgewater, Florida

  • Population 65+ (%): 33%

  • 1-Year Population Ages 65+ Increase (%): 2.6%

  • 5-Year Population Ages 65+ Increase (%): 49%

©iStock.com
©iStock.com

4. Peoria, Arizona

  • Population 65+ (%): 19.6%

  • 1-Year Population Ages 65+ Increase (%): 5%

  • 5-Year Population Ages 65+ Increase (%): 42.3%

Jillian Cain Photography / Shutterstock.com
Jillian Cain Photography / Shutterstock.com

5. Tavares, Florida

  • Population 65+ (%): 38%

  • 1-Year Population Ages 65+ Increase (%): 4.3%

  • 5-Year Population Ages 65+ Increase (%): 41.6%

John Callery / Getty Images/iStockphoto
John Callery / Getty Images/iStockphoto

6. Lacey, Washington

  • Population 65+ (%): 19%

  • 1-Year Population Ages 65+ Increase (%): 8.4%

  • 5-Year Population Ages 65+ Increase (%): 40%

That’s Interesting: I’m a Florida Real Estate Agent — 2 Reasons My Retired Clients Are Leaving the State

©Shutterstock.com
©Shutterstock.com

7. Fort Pierce, Florida

  • Population 65+ (%): 21.4%

  • 1-Year Population Ages 65+ Increase (%): 5.1%

  • 5-Year Population Ages 65+ Increase (%): 38.7%

Michael Warren / Getty Images/iStockphoto
Michael Warren / Getty Images/iStockphoto

8. Clermont, Florida

  • Population 65+ (%): 24.7%

  • 1-Year Population Ages 65+ Increase (%): 4.7%

  • 5-Year Population Ages 65+ Increase (%): 38.5%

DHuss / Getty Images
DHuss / Getty Images

9. Galveston, Texas

  • Population 65+ (%): 20.1%

  • 1-Year Population Ages 65+ Increase (%): 5.4%

  • 5-Year Population Ages 65+ Increase (%): 38.4%

Ritu Manoj Jethani / Shutterstock.com
Ritu Manoj Jethani / Shutterstock.com

10. Vestavia Hills, Alabama

  • Population 65+ (%): 19.4%

  • 1-Year Population Ages 65+ Increase (%): 9.5%

  • 5-Year Population Ages 65+ Increase (%): 37.8%

peeterv / Getty Images/iStockphoto
peeterv / Getty Images/iStockphoto

11. Myrtle Beach, South Carolina

  • Population 65+ (%): 23.6%

  • 1-Year Population Ages 65+ Increase (%): 9.1%

  • 5-Year Population Ages 65+ Increase (%): 37.2%

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aceshot / Getty Images/iStockphoto
aceshot / Getty Images/iStockphoto

12. Grove City, Ohio

  • Population 65+ (%): 18.7%

  • 1-Year Population Ages 65+ Increase (%): 3.8%

  • 5-Year Population Ages 65+ Increase (%): 35.6%

Tim Pruss / Getty Images
Tim Pruss / Getty Images

13. Annapolis, Maryland

  • Population 65+ (%): 19.3%

  • 1-Year Population Ages 65+ Increase (%): 3.9%

  • 5-Year Population Ages 65+ Increase (%): 33%

ivanastar / Getty Images/iStockphoto
ivanastar / Getty Images/iStockphoto

14. Rio Rancho, New Mexico

  • Population 65+ (%): 17.2%

  • 1-Year Population Ages 65+ Increase (%): 4.3%

  • 5-Year Population Ages 65+ Increase (%): 32.9%

Jeremy Yoder / Flickr.com
Jeremy Yoder / Flickr.com

15. Coeur d’Alene, Idaho

  • Population 65+ (%): 19.9%

  • 1-Year Population Ages 65+ Increase (%): 4%

  • 5-Year Population Ages 65+ Increase (%): 32.1%

bauhaus1000 / Getty Images
bauhaus1000 / Getty Images

16. Longmont, Colorado

  • Population 65+ (%): 17.8%

  • 1-Year Population Ages 65+ Increase (%): 4%

  • 5-Year Population Ages 65+ Increase (%): 32.1%

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constantgardener / Getty Images/iStockphoto
constantgardener / Getty Images/iStockphoto

17. Mesquite, Nevada

  • Population 65+ (%): 45%

  • 1-Year Population Ages 65+ Increase (%): 3.8%

  • 5-Year Population Ages 65+ Increase (%): 31.6%

felixmizioznikov / Getty Images/iStockphoto
felixmizioznikov / Getty Images/iStockphoto

18. Port Saint Lucie, Florida

  • Population 65+ (%): 21.5%

  • 1-Year Population Ages 65+ Increase (%): 5.2%

  • 5-Year Population Ages 65+ Increase (%): 29.4%

Thomas Barrat / Shutterstock.com
Thomas Barrat / Shutterstock.com

19. Winter Springs, Florida

  • Population 65+ (%): 20.9%

  • 1-Year Population Ages 65+ Increase (%): 2.4%

  • 5-Year Population Ages 65+ Increase (%): 29.4%

DawnDamico / iStock.com
DawnDamico / iStock.com

20. New Bern, North Carolina

  • Population 65+ (%): 24.1%

  • 1-Year Population Ages 65+ Increase (%): 3.9%

  • 5-Year Population Ages 65+ Increase (%): 28.6%

Art Wager / Getty Images
Art Wager / Getty Images

21. Pensacola, Florida

  • Population 65+ (%): 20.9%

  • 1-Year Population Ages 65+ Increase (%): 3%

  • 5-Year Population Ages 65+ Increase (%): 27.5%

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Jeremy Janus / Getty Images/iStockphoto
Jeremy Janus / Getty Images/iStockphoto

22. Grand Junction, Colorado

  • Population 65+ (%): 20.5%

  • 1-Year Population Ages 65+ Increase (%): 2.9%

  • 5-Year Population Ages 65+ Increase (%): 27.4%

Wirestock / Getty Images
Wirestock / Getty Images

23. Cleveland, Tennessee

  • Population 65+ (%): 17.7%

  • 1-Year Population Ages 65+ Increase (%): 4.6%

  • 5-Year Population Ages 65+ Increase (%): 27.3%

Wicki58 / Getty Images/iStockphoto
Wicki58 / Getty Images/iStockphoto

24. Cape Coral, Florida

  • Population 65+ (%): 25%

  • 1-Year Population Ages 65+ Increase (%): 5%

  • 5-Year Population Ages 65+ Increase (%): 27%

Jrogers123 / Wikimedia Commons
Jrogers123 / Wikimedia Commons

25. Clifton, New Jersey

  • Population 65+ (%): 18.3%

  • 1-Year Population Ages 65+ Increase (%): 4.3%

  • 5-Year Population Ages 65+ Increase (%): 26.7%

Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

26. Santa Fe, New Mexico

  • Population 65+ (%): 25.8%

  • 1-Year Population Ages 65+ Increase (%): 5.5%

  • 5-Year Population Ages 65+ Increase (%): 25.8%

Explore More: What $1 Million in Retirement Savings Looks Like in Monthly Spending

JeffGoulden / Getty Images/iStockphoto
JeffGoulden / Getty Images/iStockphoto

27. Sierra Vista, Arizona

  • Population 65+ (%): 21.6%

  • 1-Year Population Ages 65+ Increase (%): 10.8%

  • 5-Year Population Ages 65+ Increase (%): 25.5%

Art Wager / iStock.com
Art Wager / iStock.com

28. Saint Peters, Missouri

  • Population 65+ (%): 18.7%

  • 1-Year Population Ages 65+ Increase (%): 5.7%

  • 5-Year Population Ages 65+ Increase (%): 25.3%

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

29. Mount Vernon, New York

  • Population 65+ (%): 18.1%

  • 1-Year Population Ages 65+ Increase (%): 5.7%

  • 5-Year Population Ages 65+ Increase (%): 25%

Aaron Yoder / Getty Images/iStockphoto
Aaron Yoder / Getty Images/iStockphoto

30. Marion, Iowa

  • Population 65+ (%): 18.2%

  • 1-Year Population Ages 65+ Increase (%): 4.5%

  • 5-Year Population Ages 65+ Increase (%): 24.8%

peterleabo / Getty Images/iStockphoto
peterleabo / Getty Images/iStockphoto

31. Petaluma, California

  • Population 65+ (%): 21.3%

  • 1-Year Population Ages 65+ Increase (%): 8.3%

  • 5-Year Population Ages 65+ Increase (%): 24.7%

See Next: I’m a Financial Expert: This Is the No. 1 Mistake Americans Make With Their 401(k)

ffooter / Getty Images
ffooter / Getty Images

32. Hackensack, New Jersey

  • Population 65+ (%): 17.1%

  • 1-Year Population Ages 65+ Increase (%): 4%

  • 5-Year Population Ages 65+ Increase (%): 24.1%

MattGush / Getty Images/iStockphoto
MattGush / Getty Images/iStockphoto

33. Diamond Bar, California

  • Population 65+ (%): 20.2%

  • 1-Year Population Ages 65+ Increase (%): 7.1%

  • 5-Year Population Ages 65+ Increase (%): 22.8%

tunart / Getty Images
tunart / Getty Images

34. Elmhurst, Illinois

  • Population 65+ (%): 18.5%

  • 1-Year Population Ages 65+ Increase (%): 3.5%

  • 5-Year Population Ages 65+ Increase (%): 22.6%

Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

35. Eugene, Oregon

  • Population 65+ (%): 17.7%

  • 1-Year Population Ages 65+ Increase (%): 3.4%

  • 5-Year Population Ages 65+ Increase (%): 22.3%

bradleyhebdon / Getty Images
bradleyhebdon / Getty Images

36. Lake Oswego, Oregon

  • Population 65+ (%): 22.9%

  • 1-Year Population Ages 65+ Increase (%): 3.9%

  • 5-Year Population Ages 65+ Increase (%): 22%

For You: 12 Surprisingly Affordable Cities With Great Weather for Retirees

Art Wager / iStock.com
Art Wager / iStock.com

37. Saint Charles, Missouri

  • Population 65+ (%): 18.6%

  • 1-Year Population Ages 65+ Increase (%): 4.6%

  • 5-Year Population Ages 65+ Increase (%): 21.3%

©iStock.com
©iStock.com

38. West Palm Beach, Florida

  • Population 65+ (%): 20.3%

  • 1-Year Population Ages 65+ Increase (%): 3.9%

  • 5-Year Population Ages 65+ Increase (%): 21.1%

Spondylolithesis / iStock.com
Spondylolithesis / iStock.com

39. Napa, California

  • Population 65+ (%): 19.3%

  • 1-Year Population Ages 65+ Increase (%): 4.3%

  • 5-Year Population Ages 65+ Increase (%): 21%

ronniechua / Getty Images/iStockphoto
ronniechua / Getty Images/iStockphoto

40. Niagara Falls, New York

  • Population 65+ (%): 18.8%

  • 1-Year Population Ages 65+ Increase (%): 3.2%

  • 5-Year Population Ages 65+ Increase (%): 21%

Michael Warren / Getty Images/iStockphoto
Michael Warren / Getty Images/iStockphoto

41. Palm Coast, Florida

  • Population 65+ (%): 29.9%

  • 1-Year Population Ages 65+ Increase (%): 4.9%

  • 5-Year Population Ages 65+ Increase (%): 21%

Read More: David Letterman’s Top Reason To Rethink Retirement: Do Experts Agree With His ‘Myth of Retirement’?

lightstalker / iStock.com
lightstalker / iStock.com

42. Pacifica, California

  • Population 65+ (%): 20.3%

  • 1-Year Population Ages 65+ Increase (%): 4.9%

  • 5-Year Population Ages 65+ Increase (%): 20.9%

Gary Tognoni / Getty Images/iStockphoto
Gary Tognoni / Getty Images/iStockphoto

43. Billings, Montana

  • Population 65+ (%): 18.4%

  • 1-Year Population Ages 65+ Increase (%): 3.3%

  • 5-Year Population Ages 65+ Increase (%): 20.9%

44. Kingman, Arizona

  • Population 65+ (%): 25.1%

  • 1-Year Population Ages 65+ Increase (%): 6.7%

  • 5-Year Population Ages 65+ Increase (%): 20.9%

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

45. Rapid City, South Dakota

  • Population 65+ (%): 20.4%

  • 1-Year Population Ages 65+ Increase (%): 3.9%

  • 5-Year Population Ages 65+ Increase (%): 20.8%

Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

46. Shoreline, Washington

  • Population 65+ (%): 20%

  • 1-Year Population Ages 65+ Increase (%): 3%

  • 5-Year Population Ages 65+ Increase (%): 20.6%

Check Out: 44 Best Small Towns To Retire in America

Jon Bilous / Shutterstock.com
Jon Bilous / Shutterstock.com

47. Concord, New Hampshire

  • Population 65+ (%): 18.5%

  • 1-Year Population Ages 65+ Increase (%): 3%

  • 5-Year Population Ages 65+ Increase (%): 20.4%

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

48. Quincy, Massachusetts

  • Population 65+ (%): 17.7%

  • 1-Year Population Ages 65+ Increase (%): 6%

  • 5-Year Population Ages 65+ Increase (%): 20.4%

PhotoYoshi / Getty Images/iStockphoto
PhotoYoshi / Getty Images/iStockphoto

49. Ormond Beach, Florida

  • Population 65+ (%): 33.3%

  • 1-Year Population Ages 65+ Increase (%): 6.4%

  • 5-Year Population Ages 65+ Increase (%): 20.3%

Carl Lewis / Wikimedia Commons
Carl Lewis / Wikimedia Commons

50. Rocky Mount, North Carolina

  • Population 65+ (%): 20.2%

  • 1-Year Population Ages 65+ Increase (%): 5.7%

  • 5-Year Population Ages 65+ Increase (%): 20%

Explore more original studies at GOBankingRates Original Research Center.

Editor’s note: Photos are for representational purposes only and might not reflect the exact locations listed.

Methodology: For this study, GOBankingRates analyzed U.S. cities with at least 7,500 people ages 65 and over and with an average percent of the population ages 65 and over greater than the national average of 16.84%. All population data was sourced from the U.S. Census’ 5-year American Community Survey from 2018, 2022 and 2023. To qualify for this study, the city had to have higher than national averages in the one-year and five-year percent change in population ages 65 and over. For the final ranking, only the five-year percent change in population was taken into consideration. All data was collected on and is up to date as of July 15, 2025.

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  • How Middle-Class Earners Are Quietly Becoming Millionaires — and How You Can, Too

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This article originally appeared on GOBankingRates.com: America’s 50 Fastest-Growing Retirement Boomtowns

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