2027 : Demographics

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For Boomers Retire to Their Vacation Homes

Boomers Retire to Their Vacation Homes

Boomers own a large portion of the vacation homes in the Park. As they retire, they spend more time here and often retire here, making the Park their legal residence. This increases the population without a need for more home construction and with less need for other infrastructure such as water, sewer, utilities, etc. The existing built environment accommodates more residents without much expansion. Later they move into the hamlet or to a retirement center.

Influenced Scenarios

Likelihood

Evidence

Regional Summit on Economic Benefits of Aging Communities

The first regional summit on the economics of aging communities was held at Paul Smith's College.

Read the news story here.

ADK Foundation Continues Grants for Seniors Life Improvements

The ADK Foundation has made another round of grants to groups support improvements to the lives of seniors in the region.  This is becoming more important as our population ages.

Read the news story here.

Recent Cornell Study Point to Aging Demographics

The study, done by Cornell, shows the past couple of decades of populations trends by age group and offers projections based on standard methodologies.  Notably, it takes out the prison population from the data.  It doesn't suggest boomers are moving here, but it does suggest parent age people are not here.

You can download and read the detail here.  

Adks Makes List of Top Places to Retire

The Park is featured as one of 8 top places to retire in a magazine

Read the story here.

New Demographic Study of Essex Cty

The old news is the aging of the population.  The new info is bump of growth in the 20-24yo age group.  The report also includes employment data showing declines in Local and State government and increases in health care and tourism.

Read the whole report here.

NY Population Soon To Drop Below Florida

NY City is still growing but almost no where else in the State.  NYS is expected to slip to 4th place behind California, Texas and Florida. Mostly this is about job losses in cities like Buffalo, Rochester and Syracuse.

Read the NY Times story here.
A similar Post Star story is here.

For Boomers Retire to Their Vacation Homes

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Broadband Brings More Mid-Career Families into the Park

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