SpareFoot Releases List of America's Baby Boomer Boom Towns

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AUSTIN, Texas, Dec. 17, 2013 (GLOBE NEWSWIRE) -- San Antonio tops a new list of America's Baby Boomer Boom Towns compiled by SpareFoot, which operates the country's largest online marketplace for self-storage.

To come up with this list, SpareFoot analyzed not just Baby Boomer population growth for the country's 100 most populated metro areas, but also per-capita growth in gross domestic product (GDP), per-capita personal income growth, housing affordability and number of health care workers per capita.

GDP and personal income data are inflation-adjusted. Housing affordability is determined by the National Association of Realtors' Affordability Index; the higher the number, the more affordable the housing market. Two metro areas didn't have data for this metric, so we estimated housing affordability based on numbers for similar areas nearby.

Here is SpareFoot's list of America's 15 Baby Boomer Boom Towns.

1. San Antonio, Texas
Baby Boomer population growth 2000 to 2010: 8 percent
Average annual per-capita GDP growth: 3.5 percent
Average annual per-capita personal income growth: 2.1 percent
Housing affordability index: 198
Total health care workers per capita: 0.035
2. Boise, Idaho
Baby Boomer population growth 2000 to 2010: 11.7 percent
Average annual per-capita GDP growth: 1 percent
Average annual per-capita personal income growth: 1.4 percent
Housing affordability index: 224.8
Total health care workers per capita: 0.036
3. Raleigh, North Carolina
Baby Boomer population growth 2000 to 2010: 10.9 percent
Average annual per-capita GDP growth: 1.9 percent
Average annual per-capita personal income growth: 0.7 percent
Housing affordability index: 224.4
Total health care workers per capita: 0.034
4. Austin, Texas
Baby Boomer population growth 2000 to 2010: 6.4 percent
Average annual per-capita GDP growth: 3.6 percent
Average annual per-capita personal income growth: 1.6 percent
Housing affordability index: 202
Total health care workers per capita: 0.028
5. McAllen-Edinburg-Mission, Texas
Baby Boomer population growth 2000 to 2010: 9 percent
Average annual per-capita GDP growth: 2.1 percent
Average annual per-capita personal income growth: 1.2 percent
Housing affordability index (estimated): 250
Total health care workers per capita: 0.030
6. Nashville, Tennessee
Baby Boomer population growth 2000 to 2010: 2 percent
Average annual per-capita GDP growth: 3 percent
Average annual per-capita personal income growth: 2.4 percent
Housing affordability index: 236
Total health care workers per capita: 0.036
7. Orlando, Florida
Baby Boomer population growth 2000 to 2010: 10.5 percent
Average annual per-capita GDP growth: 0.07 percent
Average annual per-capita personal income growth: 1.6 percent
Housing affordability index: 229.3
Total health care workers per capita: 0.033
8. Phoenix, Arizona
Baby Boomer population growth 2000 to 2010: 11.5 percent
Average annual per-capita GDP growth: 0.5 percent
Average annual per-capita personal income growth: 0.8 percent
Housing affordability index: 231.2
Total health care workers per capita: 0.031
9. Chattanooga, Tennessee
Baby Boomer population growth 2000 to 2010: 2.4 percent
Average annual per-capita GDP growth: 1.8 percent
Average annual per-capita personal income growth: 1.9 percent
Housing affordability index: 230
Total health care workers per capita: 0.044
10. Charlotte, North Carolina
Baby Boomer population growth 2000 to 2010: 7.2 percent
Average annual per-capita GDP growth: 1.5 percent
Average annual per-capita personal income growth: 1.5 percent
Housing affordability index: 229.7
Total health care workers per capita: 0.029
11. Columbia, South Carolina
Baby Boomer population growth 2000 to 2010: 2.3 percent
Average annual per-capita GDP growth: 2.4 percent
Average annual per-capita personal income growth: 1.4 percent
Housing affordability index: 228.9
Total healthcare workers per capita: 0.042
12. Knoxville, Tennessee
Baby Boomer population growth 2000 to 2010: 3.4 percent
Average annual per-capita GDP growth: 1.4 percent
Average annual per-capita personal income growth: 1.6 percent
Housing affordability index: 236.4
Total health care workers per capita: 0.041
13. Houston, Texas
Baby Boomer population growth 2000 to 2010: 1.2 percent
Average annual per-capita GDP growth: 2.3 percent
Average annual per-capita personal income growth: 2.9 percent
Housing affordability index: 225.3
Total health care workers per capita: 0.029
14. Jacksonville, Florida
Baby Boomer population growth 2000 to 2010: 6.5 percent
Average annual per-capita GDP growth: 0.2 percent
Average annual per-capita personal income growth: 1.2 percent
Housing affordability index: 276.2
Total health care workers per capita: 0.037
15. Provo-Orem, Utah
Baby Boomer population growth 2000 to 2010: 9.7 percent
Average annual per-capita GDP growth: 1.6 percent
Average annual per-capita personal income growth: 0.5 percent
Housing affordability index (estimated): 200
Total health care workers per capita: 0.025

For more information about SpareFoot's list of America's Baby Boomer Boom Towns, visit blog.sparefoot.com/4827-baby-boomer-boom-towns.

Data sources: U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, National Association of Realtors, U.S. Census Bureau

About SpareFoot

SpareFoot makes renting self-storage easy. Our free marketplace lets customers find and reserve storage units online. We have the largest inventory of storage units in the U.S., with a network of more than 6,500 facilities ranging from mom-and-pop to publicly traded REIT. We reach millions of people who need storage through exclusive partnerships with brands like SelfStorage.com, Apartments.com and Penske Truck Rental.

The Austin Business Journal named SpareFoot the Best Place to Work in the Austin area for 2013, office furniture company Turnstone named SpareFoot one of the country's Best Young Companies to Work For in 2013, and the Austin American-Statesman named SpareFoot the Top Workplace in the Austin area for 2013.

For more information, visit SpareFoot.com.

CONTACT: John Egan 512-799-1022 jegan@sparefoot.com

Source: SpareFoot