Seniors Continue Working the Most in These 10 Metros

The traditional retirement age of 65 does not apply to a large chunk of the American population, says SmartAsset. According to the U.S. Bureau of Labor Statistics, 33.2% of workers aged between 65 and 74 and 11.8% of those 75 and older will remain in the workforce. SmartAsset examined labor force participation rates for the 100 largest U.S. cities to see where older Americans are increasingly staying in the workforce. Because retirees often change living situations after exiting the workforce, the results can help home builders understand their markets and older buyers more. The top city where seniors are increasingly remaining in the workforce is Paradise, NV.

1. Paradise, NV

Paradise ranks at the top of this study and has had the second-highest change in senior labor force participation rate, jumping 6.3% in one year and 7% in five years. The senior labor force participation rate for this city was 24.1% in 2019.

2. New Orleans, LA

New Orleans ranks second with the highest five-year change in the labor force participation rate (7.5%). The rate also jumped 5.9% in one year, the fourth-highest in this study.

3. Tucson, AZ

The senior labor force participation rate for Tucson grew 6.7% in five years up to 20.6% in 2019, the third-highest five-year increase in this study. The city also grew 6.1% in one year, ranking third for this metric as well.

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