Sun City, Texas

Written by Jim the Realtor

July 13, 2024

Georgetown, Texas, is the fastest-growing city in the U.S. It’s largely thanks to baby boomers.

Thousands of them have settled in an enormous planned community called Sun City Texas: 5,421 acres of single-family homes clustered around pools, fitness centers and pickleball courts, reserved mostly for buyers 55 and older. The hottest party is the yearly Mardi Gras parade and ball. The median age is 73.

“We’re not dead yet,” said Suzanne Herndon, 70, who moved to Sun City in 2021.

Cities are often focused on attracting young families, or hip remote workers. But Sun City residents have turned out to be the best economic stimulus Georgetown could ask for. The city’s operating budget is flush. Its rainy day fund is brimming. Stores, restaurants, hospitals and health clinics add hundreds of jobs every year. Of Georgetown’s 96,000 residents, about 17,000 live in Sun City.

Georgetown Mayor Josh Schroeder couldn’t be more pleased. The seniors moving into Sun City are active and eager to spend. “It’s like they’re at college except they don’t have to go to class and they have $3 million in the bank,” said Schroeder, who at a spry 47 isn’t eligible for Sun City. “It’s almost like a cruise ship on land.”

Read full article here:

https://www.wsj.com/us-news/baby-boomers-drive-economy-d4b72e40?st=lmgoj731nhj3u63&reflink=desktopwebshare_permalink

https://www.delwebb.com/homes/texas/austin/georgetown/sun-city-texas-16369

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