Forbes ranks Jacksonville 14th among America’s recession-proof retirement markets

21 10 2009

The Jacksonville area ranks No. 14 on a new list by Forbes of America’s 40 “recession-proof” retirement cities.

Forbes said it considered such factors as average income for seniors, current and expected home prices, job-growth predictions through 2014, the cost of living and median monthly housing cost.

Jacksonville ranked 13th for number of sunny days, 8th for income of residents 65 and older, 14th for median home price, 32nd for home price change predicted for 2009-2014, 13th for cost of living and 15th for median housing cost.

Atlanta was No. 1, followed by Dallas-Fort Worth, Tampa-St. Petersburg, Houston, St. Louis, Austin, Las Vegas, Phoenix, Kansas City and San Antonio. Jacksonville ranked ahead of No. 26 Orlando and No. 29 Miami.

New York finished last among the 40 cities, with Milwaukee and Boston near the bottom.

Source: Forbes.com

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