New report ranks markets as US seniors population continues rising
America’s population is aging and the US Census Bureau estimates that 20% of people will be 65 or older by 2035 – more seniors than kids.
The data also shows that there will be 20 million Americans aged at least 80.
This larger cohort of seniors will require appropriate housing options to address their needs and socio-economic conditions with some markets better placed to meet these than others.
A new report from Caring.com ranks the Best and Worst Cities for Seniors to Live based on healthcare, housing options, community engagement, transportation, quality of life and workforce development.
“This comprehensive study is designed to help families and seniors understand and discuss the landscape for senior living in specific states, while also supporting our nation’s communities in better serving the growing population of seniors,” explained Jason Persinger, Caring’s Chief Digital Officer.
Among the 70 factors that the report considers are the various types of senior care available across the 50 states and DC, along with an analysis of their costs.
It also considered the options for the many seniors that will keep working.
“In addition to healthcare and housing options, we also thought it was important to look at states and cities with the best workforce development programs,” says Persinger. “Although some people completely retire at age 65, many seniors are forced to work part-time or take on a second career just to make ends meet.”
Best and worst for seniors
The 2019 Senior Living Report reveals that San Francisco is the best city for seniors followed by Fredericksburg and Washington, DC. The best states are New York, Massachusetts, and New Jersey.
Top 10 Best Cities for Seniors to Live in the United States
1st – San Francisco
2nd – Fredericksburg
3rd – Washington DC
4th – Boston
5th – Brooklyn
6th – Woodland Hills
7th – Chapel Hill
8th – Santa Monica
9th – Queens
10th – New York
Top 10 Worst Cities for Seniors to Live in the United States
302nd – Rio Rancho
301st – Hemet
300th – Stockton
299th – Port Charlotte
298th – Cape Coral
297th – Prescott
296th – El Paso