Summary
Research analyzed data from major U.S. cities to find where people aged 55 to 64 make up a significant part of the population. Hialeah, Florida, and Huntington Beach, California, have the highest percentage of people in this age group, who generally earn high incomes before retirement. The study also found that cities like Bellevue, Washington, and Fremont, California, have the highest estimated median incomes for pre-retiree households.
Key Facts
- Hialeah, Florida, has the highest percentage of people aged 55 to 64 at 16.64%.
- Huntington Beach, California, ranks second with 16.57% of pre-retirees.
- Bellevue, Washington, has the highest median household income for pre-retirees at $214,900.
- Provo, Utah, has the lowest rate of pre-retirees at 5.36%.
- Sandy Springs, Georgia, has the highest percentage of retired people at over 30%.
- The national average for the retired population in large cities is 8.2%.
- Fremont, California, has a median household income of $202,314 for the pre-retiree group.
- In Cambridge, Massachusetts, 46.2% of pre-retirees earn $200,000 or more.
