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Bloomberg Surveillance · Saturday, August 29, 2026

Delaware Becomes New Retirement Hotspot as Florida Costs Rise

Delaware is experiencing a significant influx of retirees, with tens of thousands moving in over the past few years, according to IRS migration data. This trend is attributed to rising costs in Florida and Delaware offering some of the last affordable beach land on the East Coast.

The tape

3 quotes
“Move over Florida. God's waiting room has moved to Delaware. That's sort of what we've been saying among the team as we've been reporting.”
Speaker 9
“We spotted that Delaware has seen, according to the IRS migration data, this pretty big influx of retirees. I think it's tens of thousands of retirees moving into Delaware in the last few years, which is.”
Speaker 9
“And it's happening at the same time that, as we've reported, costs are going up in Florida. It's becoming less of a haven for retirees. And then you have Delaware, which has some of the last affordable for right now. beach land on the East Coast.”
Speaker 9
Heard on Bloomberg Surveillance — “Warsh's Jackson Hole Debut; Harvard's Rogoff Says US Needs 'Shock' To Fix Debt”, published Saturday, August 29, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via publisher transcript · $0.00