The national business news website, Portfolio.com, just named the Sarasota - Bradenton Florida area the most desirable community in the United States for retirement. This recognition follows others previously including when CNBC recently declared Sarasota to be the Best Place to Retire.
This honor is welcome news for the area which is just now recovering from the "Great Housing Collapse" and the deep economic recession. The Sarasota - Bradenton real estate market has been banking on a rebound in the number of retirees moving into the area to help its economy recover. And statistics show that that is exactly what is happening.
The Sarasota and Manatee County area ranks first because of its striking performances in several categories:
•Nearly 27% of its residents are 65 or older, the fourth-highest concentration of seniors in any market. That’s more than double the national average of 12.9%.
•Bradenton-Sarasota has a median age of 48.1. A median is a midpoint, with half of all residents being older and half being younger. The national median age is 36.8 years.
•Fully 95% of the seniors in the Sarasota- Bradenton Florida area moved to Florida from another state. Only 53% of the elderly residents of a typical U.S. market were born out of state.
The Portfolio.com rankings were based on an analysis of data from the American Community Survey released by the U.S. Census Bureau in September. The communities analyzed by Portfolio.com included the top 157 metropolitan areas with populations of at least 40,000 residents who could be classified as seniors. Sarasota - Bradenton came out on top.
The Sarasota and Manatee County market was the largest market ranked among the top 10 and it had the highest concentration of seniors among its residents.
Many current Sarasota and Manatee County senior residents of our area began coming to Florida as "snowbirds," or Winter-month visitors. And like them, many of our current snowbird visitors consider buying a home or condo here. Some "snowbirds" also seriously consider taking the additional step of becoming residents of the state of Florida.
These folks often wish they had a comprehensive source of information to help them make good decisions about either buying a home or condo here in Florida or becoming Florida residents. There is an article about two comprehensive sources of such information on my blog at Sarasota Information Blog
According to Dick Plumb, a Bradenton FL real estate agent, there is a simple explanation for the popularity of the Sarasota - Bradenton area. He says, "in addition to a warm, sunny climate, beautiful beaches, and literally dozens of golf courses suitable for every level of play, there is just so much else going on in Sarasota to keep older people engaged, active and healthy."
What does this mean to you if you are one of the many looking for a warmer, friendly and inviting place to spend your retirement years, the Sarasota - Bradenton area should be on your list of places to see before making a choice.
Before you come to town, call ahead and plan to visit a professional Sarasota real estate agent like Rich Stover. He would be happy to show you around the Sarasota - Bradenton Florida area showing you attractively priced homes and condominiums that fit your needs and desires perfectly.
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5 comments:
Sarasota deserves every plaudit it gets.
Love it here but don't send even more people here. We love it but it does get a bit crowded during the winter months
Couldn't be better than here in Sarasota. I moved here many years ago, became a Realtor and can't get enough of showing off our town to "snowbirds" who are looking to move to a warmer place.
We love everything about Sarasota, especially the beaches and the SUNSHINE.
We love it here and, as a realtor, I can attest that this IS "the place to retire." We moved here because my husband wanted to retire but I'm enjoying showing homes so much that I'm just not ready to give it up.
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