Retirees are swarming to this tiny Florida town as housing numbers reveal a shocking trend

Residents of The Villages, Florida dancing during a party. The Villages is the world's largest retirement community and is just south of Wildwood, Florida — Residents of The Villages, Florida dancing during a party. The Villages is the world’s largest retirement community and is just south of Wildwood, Florida (AFP/Getty)

Eleven of the top 30 fastest-growing retirement communities in the U.S. are located in Florida, according to a report from MoneyLion.
Wildwood, Florida, ranked as the fastest-growing retirement community, experiencing a 256 percent increase in its retiree population over the past five years.
Nearly half of Wildwood’s 19,436 residents are aged 65 or older, supported by average home values of $296,915 and its proximity to The Villages.
Bluffton, South Carolina, and Goodyear, Arizona, ranked second and third on the list of fastest-growing retiree hubs, respectively.
Florida’s tax benefits, including no state tax on Social Security, help offset Wildwood’s slightly above-average cost of living for retirees.