Location: K.C. MO area, St, Joe, Springfield, Fargo ND, St. Paul, K.C., Topeka, Lake Viking, MO.
That does seem a little low, though keep in mind there are some people under 55 who bring down the average. I played golf two years ago with two men who appeared to be in their early forties. One had moved with his wife to the Villages a couple years before because they were avid golfers and he could work from anywhere in his job. The other was his closest friend and after visiting him bought a home on the same street and moved with his wife. They both loved the area, the golf, the shopping and restaurant options, and they intended to live out their lives here. The rule is that no less than 80% of HOUSEHOLDS must have a resident age 55 or older. That means that up to 20% can have individuals or couples all of whom are under 55, and up to 100% COULD have a spouse or child resident under age 55.
"You cannot direct the wind, but you can adjust the sails" "Be yourself - everyone else is taken"
My wife and I were both in our late 40's when we bought. I agree with the OP that as the community ages, so does it's residents, but only after it is built out. In The Villages, there are still younger people continuing to buy the homes which, IMO, continues to lower the average age.
Location: Illinois, Tennesee, Florida, Village of Sanibel
Originally Posted by ajbrown
The average age did not shock me, but this one did:
14. The average household income for home buyers in The Villages is $93,800
Maybe this number supports the younger average age number as some people still work when they purchase? If not the average villager is doing a heck of alot better than I will do in retirement!
This does not surprise me---$93,800 income for the current home buyers. TV is selling Premier Homes as fast as they can build them. Many of them are 750,000-850,000 with 40,000 plus bonds. All other models are higher priced too. IMHO some over exuberance to buy new while you can! After build out, I believe home prices will level off and perhaps even drop a bit due to the fact there will be no new homes being built. This is probably a minority opinion.
Most people are as happy as they make up their mind to be. Abraham Lincoln
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