Phoenix Tops All U.S. Cities in Net Migration of Seniors
Author: internet - Published 2019-05-05 07:00:00 PM - (309 Reads)A study by MagnifyMoney.com found that the Phoenix metro area in Arizona ranks as the top retirement destination for U.S. seniors, reports KTAR News . Phoenix experienced a net migration of more than 7,000 seniors, trouncing second-place-holder Tampa, Fla., by more than 1,000 new people. Six of the 10 leading cities for retirees are in Florida, while Arizona and Florida together constituted 15 of the top 25 cities in the study. Both states were cited for retiree-friendly tax laws, in addition to pleasant weather and low living expenses. The largest influx of negative net migration was observed in New York City, Chicago, and Los Angeles. New York City alone lost a whopping 15,376 seniors during the study period.