Retirees are going to Alabama after being priced out of Florida

Florida has gotten quite pricy, and it is leading people to consider more affordable options where they can get a more bang for their buck. An increasing number of retirees are moving to the coast of Alabama, specifically Baldwin County.
Baldwin County was the fastest growing county in Alabama between 2010 and 2020 according to the census at 3%. Growth is primarily from retirees that are priced out of South Florida by young professionals. Baldwin county has one of the lowest median property tax rates in the country. However, you will likely need to purchase hurricane insurance which can be more than $2,000 annually.
The higher a county’s income level, the higher its cost of living is likely to be. Services are going to be priced according to local income. The average salary is $50,000 in Baldwin County versus $67,000 in Broward County, Florida and $57,000 in Lee County, Florida where Fort Myers is. The average home value is $355,000 in Baldwin County versus $411,000 in Broward County, Florida and $378,000 in Lee County, Florida where Fort Myers is.

Works Cited:
https://www.wsj.com/articles/retirement-in-alabama-b59c55b3?mod=trending_now_news_1