Why Florida’s Retirees Are Fleeing — and Where They’re Going Instead

Florida has long been a popular retirement destination, but increasing numbers of retirees are choosing to leave the Sunshine State for other parts of the U.S.

Several factors contribute to this shift, including rising living costs, frequent hurricanes, and environmental concerns.

Reasons for Leaving: Escalating Costs: Florida’s housing prices have surged, and insurance premiums have skyrocketed, making it less affordable for retirees.

Hurricanes & Storms: Frequent hurricanes, like the impacts of Milton and Helene, are causing damage and fear of future storms.

Climate Challenges: With rising sea levels and unpredictable weather patterns, many retirees seek more stable climates.

Where They’re Going: Popular states for retirees include: South Carolina: Affordable living and a mild climate make it a top choice. Texas: No state income tax and lower living costs are appealing.

North Carolina: A moderate climate and lower costs draw retirees. Other states like Washington and New Jersey also see an influx of retirees seeking a balance between costs, quality of life, and proximity to family.

LIKE SHARE SAVE

STAY UPDATED