Local News

North Carolina ranks 'Top 5' in best places to retire

Posted May 10, 2018 2:39 p.m. EDT
Updated July 13, 2018 11:13 a.m. EDT

Paul and Mickie Zatulove outside their apartment building at the Sagewood retirement community in Phoenix, April 24, 2018. The Zatuloves moved to the community after a few years of considering the change. He was convinced communities were "way overpriced," but he has changed his mind. (Roger Kisby/The New York Times)

— More older adults are moving to Raleigh and North Carolina in general to enjoy their retirement, a survey finds.

According to Smart Asset, a resource that assists people in making financial choices, Florida, Arizona, North Carolina and South Carolina topped the list when it comes to the states where retirees are moving after years of working elsewhere.

The study uses data from the U.S. Census Bureau to determine the number of people aged 60 and over who moved into the state in 2016 minues the number who moved out that same year. In total, 84,600 more retirees moved to Florida than left. Arizona recieved about 28,600, North Carolina received about 15,600 and South Carolina received a net influx of about 8,500 retirees.

States where retirees are moving

Even more specific, the study also determined with cities took in the most retirees. Raleigh made No. 8 on the list, with Henderson, NV, San Antonia, TX, Scottsdale, AZ, Mesa, AZ, Las Vegas, Gilbert, AZ and Surprise, AZ coming before it.

According to data collected, 2,015 seniors made new homes in Raleigh in 2016 while 902 retirees decided to try their luck in another town, making a net increase of 1,113 seniors. Factors many of these states had in common include year-round warm weather and overall affordability, the survey said.

Cities where retirees are moving