While the suburbs are usually known for their family-friendly environment, they are not the preferred living option for Baby Boomers. In fact, according to a study by RENTCafé, New York challenges sunny locations for the title of the most popular place to live for Baby Boomers. Reviewing the zip codes with the largest Baby Boomer population shows not only that this generation is not tied to the suburbs, but also that 14 of these zip codes are in New York.
It’s a common myth that Baby Boomers are taking over the Orange State year-round, but Florida only has a population of 1.4 million residents who fall into this generation, while New York is home to 3.9 million. Undoubtedly, the warm weather is one of the main factors that attracts Baby Boomers to the southern state, but New York does not lack in providing its residents with all of the necessary amenities to address their needs. Additionally, the state offers senior discounts on everything from transportation, entertainment, social programs and cultural activities.
That being said, Baby Boomers have access to everything they need and want much more easily in the city than in a suburb. Specifically, public transit is easily accessible and entertainment activities are always available. So, becoming a senior doesn’t mean that one can’t enjoy life anymore like they used to – which is one reason why city life is becoming more attractive to this age group.
In particular, Brooklyn zip codes 11234 and 11236 are at the top of the list with the most Baby Boomers, at 19,450 and 18,672 residents, respectively. Additionally, zip code 10025 in the Upper West Side of Manhattan is third on the list with 18,277 Baby Boomer residents; this also happens to be the ninth-most expensive zip code in the U.S., with an average monthly rent of $4,646, whereas Brooklyn apartments for rent are priced between $2,000 and $4,000 per month.
While many Baby Boomers still choose to be homeowners, many others have picked up on the common trend among the younger generations – renting. For this reason, a higher number of Baby Boomers are embracing the city life as they prefer to do whatever they wish at their own convenience.
And, there’s no better city that allows them to do so than NYC. While not all choose to live in downtown, the increasing number of Baby Boomers in Manhattan, Brooklyn and Queens all indicate that a proximity to downtown New York City is becoming a common choice among this generation.