| Based on 2020 Esri data, retiree-aged Americans control nearly 42% of all household disposable income (e.g., actual spending capacity) and an amazing 73% of all household wealth. Many retirees are relocating from higher-cost urban communities where they made their wealth, to lower-cost communities, including rural communities. Urban America is Filling Up provides keen insight on how the cost of housing and associated lifestyle costs are driving urban retirees to locate to lower-cost places. Retiree-Led Development – provides a deeper dive into this under-recognized development opportunity for rural America. S podcast episode exploring the topic (link below). To learn more about retirees and all the other opportunities, download and read the paper – Likely Entrepreneurial Development Opportunities. |
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(Source: Entrepreneurial EcoSystems)
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