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Boomer Boomtowns: America’s 10 Fastest-Growing Retirement Hot Spots

In fact, nearly 1.2 million people 55 or older relocated out of state last year, the highest number on record. Then we looked at the number of folks ages 55 and up who moved into new metros between 2016 and 2017. Median list price: $275,100 Percentage of residents age 60 and up***: 47% Population: 182,033 Hurricane Charley and its 145-mile-per-hour winds hit Punta Gorda head on in 2004, devastating the community. The city was rebuilt, but with much stricter building codes, to make sure these new homes could withstand high winds. And it's become even more appealing in recent years, with home prices falling in Cape Coral, down 3.5% year over year. Seniors with cash reserves can find places in upscale 55-plus retirement communities like Touchmark at The Ranch, a 44-acre community known for its lodge-style homes. Median list price: $580,100 Percentage of residents age 60 and up: 30.4% Population: 148,750 The historic downtown district of Santa Fe Plaza is packed with unique art galleries, shops, restaurants—and lots of boomers. "We’ve always been seen as a retirement community, but in the last two years, things have really picked up," says Brett Hultberg, a real estate agent in Santa Fe. Median list price: $525,100 Percentage of residents age 60 and up: 38.9% Population: 213,444 The white sandy beaches of Cape Cod (part of the Barnstable Town metro) have long been prized vacation refuges for New Yorkers and Bostonians looking for a getaway. *** We included the percentage of residents 60 and up, instead of 55 and older, because that is how the U.S. Census Bureau groups the ages of residents in metros.