While The Villages® community is rumored to be at or near the originally intended “build-out” capacity of 100,000 residents, growth in and around “Florida’s Friendliest Town” (spanning Marion, Sumter, and Lake Counties) shows no signs of slowing down.
Satellite communities without the 55+ age restrictions of The Villages® community are rapidly popping up near the edges of the development. Realtors and builders market homes in these newer neighborhoods to healthcare and finance professionals who remain in great demand among The Villages® community residents.
Three key driving factors that contribute to the surrounding growth are:
- The density of people
- The income said people deliver into the economy
- The accessibility of their geographic location
The Villages® community has all three and is still the fastest growing metropolitan area in the United States. In other (more coastal) parts of Florida, the cost of living is much higher than that of The Villages® community, making it a driving factor as well.
In the long term, The Villages® community is expected to continue to grow through the expansion of boundaries and the development of additional satellite communities to continue to service residents. The number of people retiring in the United States every day continues to grow, and a large portion of those people will want to migrate to The Villages® community for their retirements.