Retirement Community Is America's Fastest-Growing Metropolitan Area
- 10 years ago
A retirement community in Florida called ‘The Villages’ was recently declared the ‘nation's fastest-growing metropolitan area’.
A retirement community in Florida called ‘The Villages’ was recently declared the ‘nation's fastest-growing metropolitan area’. According to figures released by the Census Bureau, from 2012 to 2013, the number of residents in the unincorporated, but evidently desired area, grew 5.2 percent.
During the short time span of one year, 5,300 new people began calling ‘The Villages’ home. In July of 2013, the total population count reached exactly 107,056 in the development which is spread out in the differing counties of Lake, Marion and Sumter.
The community earns the metro rank because it fits the population criteria of having at least 50 thousand residents. The most recent construction of housing units has stretched into Sumter County, which helped provide the city of Wildwood with a brand new town center.
According to Mayor Ed Wolf, the new increase in residents has greatly added to the tax base. Wolf says store owners in the city are quite happy with the results, as they’re seeing an increase in sales.
Sumter County as a whole was ranked third in the fastest-growing counties category by the Census Bureau. The major contributing factor in the ranking is the expanding construction of ‘The Villages’.
The main attractions in the community include hotels, theaters and golf courses. Prices for homes in ‘The Villages’ range drastically from $100,000 to more than $1 million, and each household has to have at least one person age 55 or older.
A retirement community in Florida called ‘The Villages’ was recently declared the ‘nation's fastest-growing metropolitan area’. According to figures released by the Census Bureau, from 2012 to 2013, the number of residents in the unincorporated, but evidently desired area, grew 5.2 percent.
During the short time span of one year, 5,300 new people began calling ‘The Villages’ home. In July of 2013, the total population count reached exactly 107,056 in the development which is spread out in the differing counties of Lake, Marion and Sumter.
The community earns the metro rank because it fits the population criteria of having at least 50 thousand residents. The most recent construction of housing units has stretched into Sumter County, which helped provide the city of Wildwood with a brand new town center.
According to Mayor Ed Wolf, the new increase in residents has greatly added to the tax base. Wolf says store owners in the city are quite happy with the results, as they’re seeing an increase in sales.
Sumter County as a whole was ranked third in the fastest-growing counties category by the Census Bureau. The major contributing factor in the ranking is the expanding construction of ‘The Villages’.
The main attractions in the community include hotels, theaters and golf courses. Prices for homes in ‘The Villages’ range drastically from $100,000 to more than $1 million, and each household has to have at least one person age 55 or older.