realestate

New York town becomes retirement haven due to affordable housing and amenities.

Retirees often choose warm-weather states like Florida and Arizona for their golden years.

M
ount Vernon in Westchester County, New York, is emerging as a popular destination for retirees. According to a recent study by GOBankingRates, the town has seen a significant surge in its senior citizen population. Between 2018 and 2023, the number of residents aged 65 and over increased by an impressive 25%. This growth has propelled Mount Vernon into the top 30 on the list of America's fastest-growing retirement hotspots.

    With nearly one in five residents (18.1%) above retirement age, Mount Vernon offers a unique blend of affordability and accessibility to urban amenities. The town is just a 40-minute train ride from Midtown Manhattan, providing easy access to cultural events, world-class doctors, and other city attractions. In contrast to neighboring towns like Bronxville, where the median house price is over $1.4 million, Mount Vernon's affordable housing options make it an attractive choice for retirees.

    Mount Vernon is not alone in its appeal to seniors; two New Jersey towns, Clifton and Hackensack, also made the GOBankingRates list. However, Florida remains a top destination for retirees, with five of the top 10 spots on the list. Leesburg, Florida, takes the number one spot with an astonishing 54.8% increase in its population aged 65 and over between 2018 and 2023.

Affordable housing and amenities attract retirees to New York town.