Top States Retirees Are Flocking To
1. Florida
Net migration: 44,504
Total population aged 60 and older: 6,515,453
2. North Carolina
Net migration: 20,369
Total population aged 60 and older: 2,610,422
3. Arizona
Net migration: 20,203
Total population aged 60 and older: 1,905,562
4. South Carolina
Net migration: 14,676
Total population aged 60 and older: 1,408,424
5. Georgia
Net migration: 13, 789
Total population aged 60 and older: 2,370,455
6. Texas
Net migration: 10,050
Total population aged 60 and older: 5,889,582
7. Nevada
Net migration: 5,782
Total population aged 60 and older: 757,348
8. Idaho
Net migration: 5,182
Total population aged 60 and older: 463,084
9. Oklahoma
Net migration: 4,940
Total population aged 60 and older: 925,676
10. Delaware
Net migration: 4,519
Total population aged 60 and older: 296,881
Retirees may be moving to Florida for good reason. Despite its relatively high cost of living, Florida was ranked the best state to retire in by WalletHub in 2025, due to its tax-friendly policies, recreational opportunities and government-funded programs for seniors.
A major draw of retiring in Florida is that the state has no income tax. For retirees, this means Social Security benefits, pensions and retirement account withdrawals are not taxed. Additionally, Florida has no estate or inheritance tax, which can be a financial advantage for those planning to pass on wealth.
The state also boasts the second-most shoreline miles in the country, and ranks second in the amount of adult volunteer activities, fifth in theater companies and seventh in golf courses and country clubs — offering retirees a number of ways to stay active and engaged, according to WalletHub.
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Net migration: 44,504
Total population aged 60 and older: 6,515,453
2. North Carolina
Net migration: 20,369
Total population aged 60 and older: 2,610,422
3. Arizona
Net migration: 20,203
Total population aged 60 and older: 1,905,562
4. South Carolina
Net migration: 14,676
Total population aged 60 and older: 1,408,424
5. Georgia
Net migration: 13, 789
Total population aged 60 and older: 2,370,455
6. Texas
Net migration: 10,050
Total population aged 60 and older: 5,889,582
7. Nevada
Net migration: 5,782
Total population aged 60 and older: 757,348
8. Idaho
Net migration: 5,182
Total population aged 60 and older: 463,084
9. Oklahoma
Net migration: 4,940
Total population aged 60 and older: 925,676
10. Delaware
Net migration: 4,519
Total population aged 60 and older: 296,881
Retirees may be moving to Florida for good reason. Despite its relatively high cost of living, Florida was ranked the best state to retire in by WalletHub in 2025, due to its tax-friendly policies, recreational opportunities and government-funded programs for seniors.
A major draw of retiring in Florida is that the state has no income tax. For retirees, this means Social Security benefits, pensions and retirement account withdrawals are not taxed. Additionally, Florida has no estate or inheritance tax, which can be a financial advantage for those planning to pass on wealth.
The state also boasts the second-most shoreline miles in the country, and ranks second in the amount of adult volunteer activities, fifth in theater companies and seventh in golf courses and country clubs — offering retirees a number of ways to stay active and engaged, according to WalletHub.
Are you ready to buy a house? Take Smarter by CNBC Make It's new online course How to Buy Your First Home. Expert instructors will help you weigh the cost of renting vs. buying, financially prepare, and confidently navigate every step of the process—from mortgage basics to closing the deal. Sign up today and use coupon code EARLYBIRD for an introductory discount of 30% off $97 (+taxes and fees) through July 15, 2025.
Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life, and request to join our exclusive community on LinkedIn to connect with experts and peers.
