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Wages may also be a factor. According to the May 2023 Occupational Employment and Wage Statistics report from the U.S. Bureau of Labor Statistics, the mean annual wage for Florida workers was $60,210.
In just half a decade, the median price of a single-family house in Florida rose $150,000, or 60%. According to Redfin, the average cost of a home in March 2018 was approximately $250,000. In July ...
This article originally appeared on GOBankingRates.com: Florida’s Retirees Are Fleeing: Experts Predict These 5 States Will Be Top Retirement Spots in 10 Years Show comments Advertisement
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Ken H. Johnson, an economist at Florida Atlantic University, attributes this growth to retirees being priced out of South Florida. “It’s more affordable,” the couple’s real estate agent ...
Naples. With just under 20,000 full-time residents, Naples is another city where retirees can prosper and enjoy a high quality of life. Homes do cost a bit more there — around $600,000 on ...
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Florida has long been known as a haven for retirees, and for good reason. The southernmost state in the continental U.S. offers 237 days of sunshine per year vs. the nationwide average of 205 ...
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