Age of Residents

[andercat]

Found this on the internet:
82 Cool Facts About The Villages July 25, 2013 By Ryan Erisman
4. The average age in The Villages for a male is 62 and female is 60.

These ages seem low to me. Do you think that that is the average age when a person buys in The Villages? I can accept that. As the community ages so do the people that reside there.

[eweissenbach]

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.

[Bavarian]

Found this on the internet:
82 Cool Facts About The Villages July 25, 2013 By Ryan Erisman
4. The average age in The Villages for a male is 62 and female is 60.

These ages seem low to me. Do you think that that is the average age when a person buys in The Villages? I can accept that. As the community ages so do the people that reside there.

Seems right by me.

[TraceyMooreRN]

Geesh- Here the title got me all excited about being able to tell you how old I am...39 hubby just turned 50. This is just a numbers thread :rant-rave:

We LOVE IT HERE and I am glad to say --yes we are old enough to use all the pools here. :pepper2:

[gomoho]

I have heard that number as well and find it difficult to believe - can't imagine there are that many early retirees living here or that many folks came here to live and work!
I am 64, hubby is 66.

[villages07]

I'm pretty sure that is the average age of purchasers, not all residents.

[MicheleE]

I'm 52 and my hubby is 55.

[Ooper]

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.

[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!

[justjim]

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.

[gocubsgo]

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.

I am 54 and hubby is 64. That being said, we are close to moving out of TV and into a similar community in Tennessee. We have discovered we can buy a large home that would sell for about $300,000 here for less than $200,000 in TN, with acreage and situated on a golf course.

[CaptJohn]

That being said, we are close to moving out of TV and into a similar community in Tennessee. We have discovered we can buy a large home that would sell for about $300,000 here for less than $200,000 in TN, with acreage and situated on a golf course.

Where in TN and what is the name of the place?

[Bogie Shooter]

I am 54 and hubby is 64. That being said, we are close to moving out of TV and into a similar community in Tennessee. We have discovered we can buy a large home that would sell for about $300,000 here for less than $200,000 in TN, with acreage and situated on a golf course.

.........on a golf course.

similiar? how so?

[jbdlfan]

Very proud to say we bring the average down....44 and 49.

[graciegirl]

Our children are 47 and 50.

[bluedog103]

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!

Median income would probably be a better number. A billionaire like Gary Morse can bring that average income up in a hurry.

[gomoho]

I am 54 and hubby is 64. That being said, we are close to moving out of TV and into a similar community in Tennessee. We have discovered we can buy a large home that would sell for about $300,000 here for less than $200,000 in TN, with acreage and situated on a golf course.

TN is a beautiful state and also tax friendly. Curious what this community is called and where it is located. Depending on location we may have an opportunity to check it out while we are in NC this month.

[gocubsgo]

It's called Tellico Village. Only 7,000 residents and wide open space! Located in Louden TN at the base of the Smoky Mountains. We're heading there for a tour next month. It looks wonderful!

[Bavarian]

They have been advertising on DC and Satellite radio for over a year, no more. Be careful it is not a scheme. Sounded good on ads.

[graciegirl]

It's called Tellico Village. Only 7,000 residents and wide open space! Located in Louden TN at the base of the Smoky Mountains. We're heading there for a tour next month. It looks wonderful!


Good thing that there are other nice places when we fill up. ;)

[LeeM]

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!

Would that be retirement income? Or average salary prior to retirement?

[Schaumburger]

It's called Tellico Village. Only 7,000 residents and wide open space! Located in Louden TN at the base of the Smoky Mountains. We're heading there for a tour next month. It looks wonderful!

I have a customer in Loudon, TN, -- Tate & Lyle. Loudon, TN is fairly close
(68 miles) to Gatlinburg and the Great Smoky Mountains National Park which is a gorgeous national park. If you have time, stop at the national park if you haven't already been there.

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[CHESTERFIELDROSE]

Just moved here I'm 52 and husband 54. Thanks to great planning and a commitment to the plan we were able to retire at 50 and 48.

[Applepie]

We have neighbors who moved here from Tellico. While they said it was beautiful, it is in the middle of nowhere. 60 miles to nearest hospital.

[graciegirl]

We have neighbors who moved here from Tellico. While they said it was beautiful, it is in the middle of nowhere. 60 miles to nearest hospital.

And THAT as we age, is a HUGE issue.

Beautiful there, but it snows.

[manaboutown]

According to this site median age is 68, 67 for women and 69 for men.

Current The Villages, Florida Population, Demographics, Statistics, ages, gender and race in 2012, 2013 (http://suburbanstats.org/population/florida/how-many-people-live-in-the-villages)

The stats on the population are obviously low, at just over 51,000 so they are behind the times. The Villages grows so fast informational sources do not seem able to keep up to date.

[Duvalboomer]

Found this on the internet:
82 Cool Facts About The Villages July 25, 2013 By Ryan Erisman
4. The average age in The Villages for a male is 62 and female is 60.

These ages seem low to me. Do you think that that is the average age when a person buys in The Villages? I can accept that. As the community ages so do the people that reside there.

Seems right to me. The oldest person on my street is 65 and there are over 10 people just on my street under 60

[Schaumburger]

Seems right to me. The oldest person on my street is 65 and there are over 10 people just on my street under 60

Duvalboomer -- just wondering by your screen name I am assuming you live in the village of Duval? I am a younger wannabee so Duval may be a village I should investigate further.

[Schaumburger]

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And THAT as we age, is a HUGE issue.

Beautiful there, but it snows.

Gracie -- agree with you about need for easy access to health care as one ages. And my eventual goal is never to have to experience snow again except maybe during a Christmas visit to the Midwest to visit family. I hope someday to never own a snow shovel, ice melt for the sidewalk, an ice scraper or a snow brush.

[John_W]

Our village of Tamarind Grove was built in 2011. We have 13 CYV's on our street and we have two spouses that are 70+ and the other 24 or so residents are between 58 and 65, which would probably make the average age in the early 60's.

[Duvalboomer]

Duvalboomer -- just wondering by your screen name I am assuming you live in the village of Duval? I am a younger wannabee so Duval may be a village I should investigate further.

yes I know several younger people in Duval (well under 60). its a great village

[gomoho]

WOW I am truly amazed.

[MR&VAF]

We are 58 and 49. Retired Jan 2013, closed on our home here March 2013! We are full timers or a Frog and tadpole. (lol)

[justjim]

Sanibel is a good mix but I think there are more under 65 than over 65. I'm pretty sure that holds for all the Villages south of 466A.

[TheCollierCpl]

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.

I think the prices will go astronomically. Two reasons: there will be no new building to keep the prices in check. Presently resales keep new prices in check and vice-versa. Secondly, and the BIGGIE, the baby boomer onslaught. Just look at Collier, Gilcrest, Pinellas. They are selling fast and not cheap. And this is the very front end of boomers. In three years the wave begins. Even if the recession continues, NE homes (even discounted) will be less than Florida, so the prices here will continue on the rise, at least in TV. - big demand!

[Ohiogirl]

Don't forget that there are a LOT of adult children living here - either very young (19-25) and not quite out of the nest, or older (30s-40s) and have moved back to the nest for whatever reason, plus quite a few disabled adult children who will live with their parents for a long time. These skew the "average age" of residents - they are residents also.

I don't know if they get these numbers from the resident ID info or not, but am guessing they do, or possibly they are getting it when people close on their homes - who knows if it ages as we do. We bought at 55, didn't move down permanently until we were 60. Now our neighborhood, which was built in 2006, is mostly late 60s, early 70s - none of us get younger. Most were around 65 when they bought new. Resales are a mix of older and younger buyers.

There are lots of retirement places where you get more house for the money, but if you want mostly warmer weather in winter, and no snow/ice, and lots to do besides golf, and nearby access to medical care, it is hard to beat TV.

My feel about age ranges is that we are still in the younger group in our early 60s, but would agree that the newer the village, the younger the overall age.

[DougB]

Don't forget that there are a LOT of adult children living here - either very young (19-25) and not quite out of the nest, or older (30s-40s) and have moved back to the nest for whatever reason, plus quite a few disabled adult children who will live with their parents for a long time. These skew the "average age" of residents - they are residents also.......


I get what you are saying, but since they are residents, they really skew nothing. If we didn't count them, then the data would be skewed.

[justjim]

I think the prices will go astronomically. Two reasons: there will be no new building to keep the prices in check. Presently resales keep new prices in check and vice-versa. Secondly, and the BIGGIE, the baby boomer onslaught. Just look at Collier, Gilcrest, Pinellas. They are selling fast and not cheap. And this is the very front end of boomers. In three years the wave begins. Even if the recession continues, NE homes (even discounted) will be less than Florida, so the prices here will continue on the rise, at least in TV. - big demand!

New Retirees prefer new homes over resales. Its the marketing and the availability of the new homes that brings all the prospects to TV---the resales do get some play but they are secondary to the availability of the new homes and the "buzz" of the development of TV. Somebody (maybe TV'S developer) will start-up another community with new homes----golf carts----golf courses-----stores---etc. etc. and TV prices will level off and maybe down a bit but until then prices most likely will continue to go up as long as the economy doesn't crash like '07-'08. For us TV will continue to be a good place to live. Just different after build-out without all the new homes being built and fewer prospects for the resales. How many of us would be here if we couldn't buy a new home? Many of us IMHO.

[Ohiogirl]

I get what you are saying, but since they are residents, they really skew nothing. If we didn't count them, then the data would be skewed.

I think the original poster was trying to find out the average age of Villages homeowners (retirees) - and I don't think it's between 60-62. At 62, I still feel like I'm in the bottom 20%, with maybe 80% between 65-80, and another 20% over 80.
This is strictly a guess, based on what I see in the activities I attend.

Again, the newer the village, the lower the average age, but you will find all ages in all neighborhoods. And also remember that probably 10-20% of buyers in new Villages came from older Villages.

All the retirement articles are saying that baby boomers are having to work longer, in general, and as company pensions disappear, and govt pensions get more restrictive, and life expectancies extend, it only makes sense that the average age of retirees everywhere goes up.

I do think, in the last few years, with many 50 plus workers, as well as others, losing their jobs, that there has been a bump of early retirees just because their jobs ended, not because they decided to retire. I'm among them, expected to work until 62, was downsized and chose not to relocate to continue working at my company. Would think this will happen less frequently as the economy improves.

[DougB]

My neighbors say when my wife and I bought here we brought the average age of our street down to 89 1/2.

[btf2008]

I love it when a plan comes together...we are 51 and 52. A lot of hard work has finally paid off. We bought in the Village of Sanibel last Sept and the move/transformation will be complete on Aug 12th after a 10 day trip across the US from Colorado. (Currently in Albuquerque) Several trips to TV this year means all the moving and unpacking is already done.

All we have to do clean up the RV and head to the pool.

See ya'll soon! :thumbup:

[asianthree]

not sure if the numbers count the age you buy your home and the age you frog in