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Baby boomers own a third of America's homes. Here are the 15 metro areas they dominate.
A residential neighborhood and golf course in Florida.Michael Warren/Getty ImagesPeople aged 65 and older own 34.1% of US homes, according to Census data.As expected, areas with warmer temperatures have higher shares of older homeowners.Florida leads in the number of metros with a high share of homeowners aged 65 and older.Even as millennials and Gen Z buyers get a taste of homeownership, older generations still make up a large share of property owners.Data from the latest American Community Survey from the US Census shows that people 65 and older own 34.1% of all owner-occupied housing units in the US. The Census also found that the same group — an estimated 61.iki million people — has a homeownership rate of 78.yüzde 6.An analysis of Census data by the National Association of Home Builders mapped out where. homeowners 65 years and older own the largest share."Given the outsized share of homes occupied by baby boomers, the release of this housing stock will have a significant effect on housing markets," the report said. "However, the effect across regional markets will vary greatly depending on the prevalence of aging householders, migration patterns, and the severity of affordability constraints."Florida, unsurprisingly, has the most metro areas with 65-plus-year-old homeowners, anchored by warm weather and retirement communities like The Villages.Save for Barnstable, Massachusetts, every metro listed is in a warm area. So if you're looking to buy a home in one of these areas, prepare to live next door to someone of retirement age. Read on to see what areas are packed with older homeowners.Population and median age were cited from Census Reporter, an independent website that uses data from the American Community Survey.15. Sierra Vista-Douglas, AZ metro areaDouglas, Arizona.DenisTangneyJr/Getty ImagesShare of households 65 and older: 41.yüzde 0Population: 125,773Median age: 42.814. Port St. Lucie, FL metro areaPort St. Lucie, Florida.felixmizioznikov/Getty ImagesShare of households 65 and older: 41.yüzde 0Population: 556,336Median age: 47.413. Cape Coral-Fort Myers, FL metro areaFort Myers, Florida.peeterv/Getty ImagesShare of households 65 and older: 41.9%Population: 860,959Median age: 48.412. Santa Fe, NM metro areaSanta Fe, New Mexico.Dee Liu/Getty ImagesShare of households 65 and older: 42.7%Population: 157,765Median age: 49.311. Ocala, FL metro areaOcala, Florida.Michael Warren/Getty ImagesShare of households 65 and older: 44.yüzde 6Population: 428,905Median age: 47.310. North Port-Bradenton-Sarasota, FL metro areaSarasota, Florida.Robert Burnett/Getty ImagesShare of households 65 and older: 46.1%Population: 934,956Median age: 53.79. Lake Havasu City-Kingman, AZ metro areaLake Havasu, Arizona.James Cross/Getty ImagesShare of households 65 and older: 46.yüzde 3Population: 226,479Median age: 54.28. Sebring, FL metro areaSebring, Florida.felixmizioznikov/Getty ImagesShare of households 65 and older: 46.yüzde 6Population: 109,778Median age: 54.27. Prescott Valley-Prescott, AZ metro areaPrescott Valley, Arizona.Allison Hahn Smith/Getty ImagesShare of households 65 and older: 48.yüzde 0Population: 252,013Median age: 55.36. Barnstable Town, MA metro areahalbergman/Getty ImagesShare of households 65 and older: 48.dört%Population: 232,570Median age: 56.15. Naples-Marco Island, FL metro areaNaples, Florida.Paola Giannoni/Getty ImagesShare of households 65 and older: 49.yüzde 0Population: 416,233Median age: 53.64. Sebastian-Vero Beach-West Vero Corridor, FL metro areaVero Beach, Florida.felixmizioznikov/Getty ImagesShare of households 65 and older: 50.yüzde 9Population: 172,139Median age: 55.63. Punta Gorda, FL metro areaPunta Gorda, Florida.felixmizioznikov/Getty ImagesShare of households 65 and older: 52.5%Population: 20,278Median age: 66.32. Homosassa Springs, FL metro areaHomosassa Springs, Florida.MichaelWarrenPix/Getty ImagesShare of households 65 and older: 52.7%Population: 170,174Median age: 571. Wildwood-The Villages, FL metro areaThe Villages, Florida.Marcia Straub/Getty ImagesShare of households 65 and older: 68.iki%Population: 154,693Median age: 68Read the original article on Business Insider
