Arizona cities rank among top 25 for renting to baby boomers
Jul 3, 2014, 5:00 AM | Updated: 5:00 am
PHOENIX — Prescott, Lake Havasu and Kingman have ranked among the top 25 markets for renting to baby boomers — those born between 1945 and 1964.
According to a report by RealtyTrac, all 25 counties on the list saw an increase of at least 10 percent in the baby boomer demographic between 2007 and 2013.
They also had a baby boomer population that represented at least 24 percent of the total population in 2013.
The report was based on demographic data from the U.S. Census Bureau with the annual gross rental yield data.
The number one metro area for renting to baby boomers was Anderson, S.C.
Other metro areas with counties in the top 25 for renting to baby boomers were Wilmington, N.C., Daphne-Fairhope-Foley, Ala., Asheville, N.C., Seaford, Del., Bend, Ore. and Hilton Head, S.C.
