U.S. Census Data Signals Shift: A Wake-Up Call for Florida’s Policymakers on Aging Migration Trends

For decades, Florida’s economy has thrived on the steady influx of older Americans choosing to retire in the Sunshine State. These individuals not only contribute to local economies by supporting businesses and generating tax revenue, but they also enrich our communities through countless volunteer hours, employment and entrepreneurial ventures.

The data from this year’s U.S. Census Report [State-to-State Migration Flows (census.gov)] should serve as a wake-up call for policymakers: this trend is not guaranteed. Recent statistics reveal concerning shifts in migration patterns, and since this data reflects 2023, it predates the peak of the property insurance crisis, the recent challenges posed by new homeowner association rules, the aftermath of two major hurricanes and the rising cost of housing in our state.

In 2023, the Census reports, Florida’s net migration fell by half from the previous year. While in 2022 Florida netted almost 250,000 new Floridians from other states, the highest total since 2005, that number fell to just over 126,000 in 2023. More concerning, the number of people leaving the state (510,925) was the highest since the Great Recession in 2008. As of last year, more people are still moving to Florida than are leaving it, but that gap is quickly narrowing.

“Choosing to move to Florida is often a heartfelt decision for many, representing a lifelong dream or a fresh start,” said Jeff Johnson, AARP Florida State Director. “Conversely, the choice to leave Florida is often driven by financial considerations. With surging housing costs, limited access to essential care services, and rising utility bills, older Floridians are finding it increasingly difficult to maintain their desired quality of life.

“Policymakers in Tallahassee must take immediate action to address these critical economic concerns or risk jeopardizing the very foundation of our communities and the livelihoods of Floridians.”