Share
50 Best Cities for Job Seekers Over 50

Changing jobs can be a daunting process at any age. But workers over the age of 50 might face even greater difficulty with landing their next gig, thanks to unconscious biases among employers. However, that’s not necessarily the case across the United States. In some cities, the unemployment rate for people ages 50 and older is particularly low, which is good news for older Americans seeking work.
A new GOBankingRates study identified places in the U.S. where people nearing the end of their careers can still find jobs at a decent rate. For each city, GOBankingRates compiled unemployment rates for those 50 and older, along with the percentage of the population over age 50, the cost of living relative to the rest of the country, an overall livability score and the median household income among residents. For the cost-of-living index, the U.S. average is 100, so anything below that indicates a cheaper cost of living. Additionally, livability was scored out of 100.
Ultimately, the study allows older Americans to get a sense of which cities offer low levels of unemployment as well as cheaper costs and solid amenities. If you’re searching for a new job or struggling to find work, these areas could help provide job security and financial security into your golden years.
Last updated: April 20, 2020
Salt Lake City
- Overall population: 194,188
- Percentage of population over age 50: 25.42%
- Unemployment rate for ages 45-54: 4.4%
- Unemployment rate for ages 55-59: 3.4%
- Unemployment rate for ages 60-64: 3.7%
- Unemployment rate for ages 65-74: 1.4%
- Unemployment rate for ages 75 and older: 4%
- Livability score: 64
- Cost-of-living index: 118.9
- Annual expenditures: $69,415.72
- Median household income: $54,009
St. Petersburg, Florida
- Overall population: 256,031
- Percentage of population over age 50: 39.96%
- Unemployment rate for ages 45-54: 5.5%
- Unemployment rate for ages 55-59: 5%
- Unemployment rate for ages 60-64: 4.7%
- Unemployment rate for ages 65-74: 4.5%
- Unemployment rate for ages 75 and older: 2.3%
- Livability score: 72
- Cost-of-living index: 98.6
- Annual expenditures: $57,564.26
- Median household income: $50,622
Lexington, Kentucky
- Overall population: 315,109
- Percentage of population over age 50: 29.86%
- Unemployment rate for ages 45-54: 3.6%
- Unemployment rate for ages 55-59: 5.1%
- Unemployment rate for ages 60-64: 6.1%
- Unemployment rate for ages 65-74: 2.8%
- Unemployment rate for ages 75 and older: 3.3%
- Livability score: 75
- Cost-of-living index: 89.1
- Annual expenditures: $52,018.01
- Median household income: $53,013
Columbus, Ohio
- Overall population: 852,144
- Percentage of population over age 50: 26.05%
- Unemployment rate for ages 45-54: 5.1%
- Unemployment rate for ages 55-59: 5.2%
- Unemployment rate for ages 60-64: 3.4%
- Unemployment rate for ages 65-74: 4.1%
- Unemployment rate for ages 75 and older: 2.8%
- Livability score: 76
- Cost-of-living index: 85.5
- Annual expenditures: $49,916.27
- Median household income: $49,478
Greensboro, North Carolina
- Overall population: 284,816
- Percentage of population over age 50: 30.84%
- Unemployment rate for ages 45-54: 6.2%
- Unemployment rate for ages 55-59: 4.7%
- Unemployment rate for ages 60-64: 3.2%
- Unemployment rate for ages 65-74: 3.3%
- Unemployment rate for ages 75 and older: 0.8%
- Livability score: 67
- Cost-of-living index: 83.9
- Annual expenditures: $48,982.16
- Median household income: $44,978
Knoxville, Tennessee
- Overall population: 184,465
- Percentage of population over age 50: 29.83%
- Unemployment rate for ages 45-54: 7.1%
- Unemployment rate for ages 55-59: 4.4%
- Unemployment rate for ages 60-64: 3%
- Unemployment rate for ages 65-74: 2.1%
- Unemployment rate for ages 75 and older: 1.3%
- Livability score: 69
- Cost-of-living index: 85.5
- Annual expenditures: $49,916.27
- Median household income: $36,331
Fremont, California
- Overall population: 230,964
- Percentage of population over age 50: 30.95%
- Unemployment rate for ages 45-54: 2.7%
- Unemployment rate for ages 55-59: 4.5%
- Unemployment rate for ages 60-64: 7.3%
- Unemployment rate for ages 65-74: 4.7%
- Unemployment rate for ages 75 and older: 3.6%
- Livability score: 80
- Cost-of-living index: 227.3
- Annual expenditures: $132,701.38
- Median household income: $122,191
Fort Collins, Colorado
- Overall population: 159,150
- Percentage of population over age 50: 24.81%
- Unemployment rate for ages 45-54: 4.1%
- Unemployment rate for ages 55-59: 2.9%
- Unemployment rate for ages 60-64: 3.9%
- Unemployment rate for ages 65-74: 3.5%
- Unemployment rate for ages 75 and older: 3.8%
- Livability score: 71
- Cost-of-living index: 118.3
- Annual expenditures: $69,065.43
- Median household income: $60,110
Fort Worth, Texas
- Overall population: 835,129
- Percentage of population over age 50: 24.96%
- Unemployment rate for ages 45-54: 4.6%
- Unemployment rate for ages 55-59: 5.5%
- Unemployment rate for ages 60-64: 3%
- Unemployment rate for ages 65-74: 4.8%
- Unemployment rate for ages 75 and older: 3%
- Livability score: 81
- Cost-of-living index: 99.8
- Annual expenditures: $58,264.84
- Median household income: $57,309
Aurora, Illinois
- Overall population: 200,946
- Percentage of population over age 50: 23.69%
- Unemployment rate for ages 45-54: 5.7%
- Unemployment rate for ages 55-59: 5.5%
- Unemployment rate for ages 60-64: 2.8%
- Unemployment rate for ages 65-74: 2.8%
- Unemployment rate for ages 75 and older: 3.6%
- Livability score: 72
- Cost-of-living index: 91.1
- Annual expenditures: $53,185.64
- Median household income: $66,848
Rancho Cucamonga, California
- Overall population: 174,573
- Percentage of population over age 50: 30.23%
- Unemployment rate for ages 45-54: 6.3%
- Unemployment rate for ages 55-59: 4.9%
- Unemployment rate for ages 60-64: 2.5%
- Unemployment rate for ages 65-74: 4.3%
- Unemployment rate for ages 75 and older: 4.4%
- Livability score: 74
- Cost-of-living index: 140.8
- Annual expenditures: $82,201.29
- Median household income: $83,736
Irving, Texas
- Overall population: 235,648
- Percentage of population over age 50: 21.56%
- Unemployment rate for ages 45-54: 3.6%
- Unemployment rate for ages 55-59: 5%
- Unemployment rate for ages 60-64: 4.6%
- Unemployment rate for ages 65-74: 3.9%
- Unemployment rate for ages 75 and older: 3.9%
- Livability score: 86
- Cost-of-living index: 100.6
- Annual expenditures: $58,731.89
- Median household income: $58,196
Fort Wayne, Indiana
- Overall population: 262,450
- Percentage of population over age 50: 31.62%
- Unemployment rate for ages 45-54: 5.2%
- Unemployment rate for ages 55-59: 5.6%
- Unemployment rate for ages 60-64: 3.1%
- Unemployment rate for ages 65-74: 3.5%
- Unemployment rate for ages 75 and older: 3%
- Livability score: 76
- Cost-of-living index: 78.9
- Annual expenditures: $46,063.08
- Median household income: $45,853
Springfield, Missouri
- Overall population: 165,785
- Percentage of population over age 50: 31.38%
- Unemployment rate for ages 45-54: 4.5%
- Unemployment rate for ages 55-59: 4.3%
- Unemployment rate for ages 60-64: 4.1%
- Unemployment rate for ages 65-74: 1.5%
- Unemployment rate for ages 75 and older: 0%
- Livability score: 65
- Cost-of-living index: 82.3
- Annual expenditures: $48,048.06
- Median household income: $34,775
Tempe, Arizona
- Overall population: 178,339
- Percentage of population over age 50: 23.81%
- Unemployment rate for ages 45-54: 5.4%
- Unemployment rate for ages 55-59: 3.9%
- Unemployment rate for ages 60-64: 2.1%
- Unemployment rate for ages 65-74: 4.6%
- Unemployment rate for ages 75 and older: 0%
- Livability score: 73
- Cost-of-living index: 108.1
- Annual expenditures: $63,110.51
- Median household income: $51,829
Don’t Miss: 10 Jobs That Still Come With a Pension
Newport News, Virginia
- Overall population: 180,775
- Percentage of population over age 50: 29.88%
- Unemployment rate for ages 45-54: 6.2%
- Unemployment rate for ages 55-59: 3.6%
- Unemployment rate for ages 60-64: 3.2%
- Unemployment rate for ages 65-74: 4.3%
- Unemployment rate for ages 75 and older: 1%
- Livability score: 73
- Cost-of-living index: 92.8
- Annual expenditures: $54,178.12
- Median household income: $51,082
Raleigh, North Carolina
- Overall population: 449,477
- Percentage of population over age 50: 25.36%
- Unemployment rate for ages 45-54: 4.4%
- Unemployment rate for ages 55-59: 4.9%
- Unemployment rate for ages 60-64: 2.7%
- Unemployment rate for ages 65-74: 4.6%
- Unemployment rate for ages 75 and older: 2.9%
- Livability score: 78
- Cost-of-living index: 102.3
- Annual expenditures: $59,724.38
- Median household income: $61,505
Madison, Wisconsin
- Overall population: 248,856
- Percentage of population over age 50: 25.9%
- Unemployment rate for ages 45-54: 4.7%
- Unemployment rate for ages 55-59: 2.4%
- Unemployment rate for ages 60-64: 4%
- Unemployment rate for ages 65-74: 3%
- Unemployment rate for ages 75 and older: 3.7%
- Livability score: 70
- Cost-of-living index: 100.6
- Annual expenditures: $58,731.89
- Median household income: $59,387
Montgomery, Alabama
- Overall population: 200,761
- Percentage of population over age 50: 31.65%
- Unemployment rate for ages 45-54: 5%
- Unemployment rate for ages 55-59: 3.8%
- Unemployment rate for ages 60-64: 2.2%
- Unemployment rate for ages 65-74: 2.2%
- Unemployment rate for ages 75 and older: 3.3%
- Livability score: 62
- Cost-of-living index: 75.8
- Annual expenditures: $44,253.25
- Median household income: $44,339
Grand Prairie, Texas
- Overall population: 188,664
- Percentage of population over age 50: 25.02%
- Unemployment rate for ages 45-54: 3.9%
- Unemployment rate for ages 55-59: 5.7%
- Unemployment rate for ages 60-64: 4.2%
- Unemployment rate for ages 65-74: 3.4%
- Unemployment rate for ages 75 and older: 3.3%
- Livability score: 83
- Cost-of-living index: 100.9
- Annual expenditures: $58,907.03
- Median household income: $62,589
Austin, Texas
- Overall population: 916,906
- Percentage of population over age 50: 23.68%
- Unemployment rate for ages 45-54: 4.4%
- Unemployment rate for ages 55-59: 3.6%
- Unemployment rate for ages 60-64: 3.8%
- Unemployment rate for ages 65-74: 3.3%
- Unemployment rate for ages 75 and older: 4.7%
- Livability score: 83
- Cost-of-living index: 119.3
- Annual expenditures: $69,649.25
- Median household income: $63,717
Spokane, Washington
- Overall population: 212,982
- Percentage of population over age 50: 33.34%
- Unemployment rate for ages 45-54: 5.6%
- Unemployment rate for ages 55-59: 3.7%
- Unemployment rate for ages 60-64: 4%
- Unemployment rate for ages 65-74: 1.4%
- Unemployment rate for ages 75 and older: 1.9%
- Livability score: 69
- Cost-of-living index: 92.3
- Annual expenditures: $53,886.22
- Median household income: $44,768
Lakewood, Colorado
- Overall population: 151,411
- Percentage of population over age 50: 36.35%
- Unemployment rate for ages 45-54: 4.4%
- Unemployment rate for ages 55-59: 3.3%
- Unemployment rate for ages 60-64: 3.9%
- Unemployment rate for ages 65-74: 1.9%
- Unemployment rate for ages 75 and older: 1.1%
- Livability score: 62
- Cost-of-living index: 127.7
- Annual expenditures: $74,553.30
- Median household income: $61,058
Des Moines, Iowa
- Overall population: 214,778
- Percentage of population over age 50: 29.25%
- Unemployment rate for ages 45-54: 5.1%
- Unemployment rate for ages 55-59: 4.2%
- Unemployment rate for ages 60-64: 3.3%
- Unemployment rate for ages 65-74: 3%
- Unemployment rate for ages 75 and older: 2.5%
- Livability score: 75
- Cost-of-living index: 81.2
- Annual expenditures: $47,405.86
- Median household income: $49,999
Huntington Beach, California
- Overall population: 200,415
- Percentage of population over age 50: 37.93%
- Unemployment rate for ages 45-54: 4.5%
- Unemployment rate for ages 55-59: 4.1%
- Unemployment rate for ages 60-64: 4.5%
- Unemployment rate for ages 65-74: 3.1%
- Unemployment rate for ages 75 and older: 3.5%
- Livability score: 76
- Cost-of-living index: 183.8
- Annual expenditures: $107,305.38
- Median household income: $88,079
Little Rock, Arkansas
- Overall population: 197,780
- Percentage of population over age 50: 32.51%
- Unemployment rate for ages 45-54: 3.2%
- Unemployment rate for ages 55-59: 2.3%
- Unemployment rate for ages 60-64: 2.2%
- Unemployment rate for ages 65-74: 1.4%
- Unemployment rate for ages 75 and older: 7.3%
- Livability score: 61
- Cost-of-living index: 82.5
- Annual expenditures: $48,164.82
- Median household income: $48,463
Arlington, Texas
- Overall population: 388,225
- Percentage of population over age 50: 27.39%
- Unemployment rate for ages 45-54: 3.4%
- Unemployment rate for ages 55-59: 3.7%
- Unemployment rate for ages 60-64: 2.7%
- Unemployment rate for ages 65-74: 3.1%
- Unemployment rate for ages 75 and older: 6.2%
- Livability score: 80
- Cost-of-living index: 100.6
- Annual expenditures: $58,731.89
- Median household income: $55,562
Elk Grove, California
- Overall population: 166,228
- Percentage of population over age 50: 29.96%
- Unemployment rate for ages 45-54: 4.9%
- Unemployment rate for ages 55-59: 2.9%
- Unemployment rate for ages 60-64: 5.1%
- Unemployment rate for ages 65-74: 2%
- Unemployment rate for ages 75 and older: 4.2%
- Livability score: 75
- Cost-of-living index: 134.9
- Annual expenditures: $78,756.78
- Median household income: $85,556
Corpus Christi, Texas
- Overall population: 322,726
- Percentage of population over age 50: 31.53%
- Unemployment rate for ages 45-54: 3.5%
- Unemployment rate for ages 55-59: 3%
- Unemployment rate for ages 60-64: 4.5%
- Unemployment rate for ages 65-74: 2.9%
- Unemployment rate for ages 75 and older: 5.9%
- Livability score: 80
- Cost-of-living index: 83.1
- Annual expenditures: $48,515.11
- Median household income: $53,626
Honolulu
- Overall population: 350,788
- Percentage of population over age 50: 39.02%
- Unemployment rate for ages 45-54: 3.1%
- Unemployment rate for ages 55-59: 3.8%
- Unemployment rate for ages 60-64: 3.7%
- Unemployment rate for ages 65-74: 2.1%
- Unemployment rate for ages 75 and older: 2.2%
- Livability score: 73
- Cost-of-living index: 176.5
- Annual expenditures: $103,043.52
- Median household income: $65,707
Read More: Senior-Friendly Jobs That Are Perfect for Retirement
Gilbert, Arizona
- Overall population: 232,176
- Percentage of population over age 50: 24.37%
- Unemployment rate for ages 45-54: 3.5%
- Unemployment rate for ages 55-59: 3.6%
- Unemployment rate for ages 60-64: 4.3%
- Unemployment rate for ages 65-74: 5.6%
- Unemployment rate for ages 75 and older: 2.8%
- Livability score: 84
- Cost-of-living index: 116.3
- Annual expenditures: $67,897.80
- Median household income: $87,566
Alexandria, Virginia
- Overall population: 154,710
- Percentage of population over age 50: 27.78%
- Unemployment rate for ages 45-54: 2.9%
- Unemployment rate for ages 55-59: 5.3%
- Unemployment rate for ages 60-64: 4.8%
- Unemployment rate for ages 65-74: 3.3%
- Unemployment rate for ages 75 and older: 0.8%
- Livability score: 79
- Cost-of-living index: 149.9
- Annual expenditures: $87,514.02
- Median household income: $93,370
Oklahoma City
- Overall population: 629,191
- Percentage of population over age 50: 29.58%
- Unemployment rate for ages 45-54: 4.2%
- Unemployment rate for ages 55-59: 4.5%
- Unemployment rate for ages 60-64: 2.9%
- Unemployment rate for ages 65-74: 2.6%
- Unemployment rate for ages 75 and older: 1.6%
- Livability score: 76
- Cost-of-living index: 85.4
- Annual expenditures: $49,857.89
- Median household income: $51,581
Scottsdale, Arizona
- Overall population: 239,283
- Percentage of population over age 50: 45.98%
- Unemployment rate for ages 45-54: 3.8%
- Unemployment rate for ages 55-59: 3.9%
- Unemployment rate for ages 60-64: 3.5%
- Unemployment rate for ages 65-74: 4.9%
- Unemployment rate for ages 75 and older: 6.5%
- Livability score: 78
- Cost-of-living index: 133.2
- Annual expenditures: $77,764.29
- Median household income: $80,306
Laredo, Texas
- Overall population: 255,305
- Percentage of population over age 50: 22.03%
- Unemployment rate for ages 45-54: 3.7%
- Unemployment rate for ages 55-59: 3.7%
- Unemployment rate for ages 60-64: 1.6%
- Unemployment rate for ages 65-74: 1.1%
- Unemployment rate for ages 75 and older: 5.1%
- Livability score: 80
- Cost-of-living index: 84
- Annual expenditures: $49,040.54
- Median household income: $41,302
Chandler, Arizona
- Overall population: 245,160
- Percentage of population over age 50: 27.95%
- Unemployment rate for ages 45-54: 4%
- Unemployment rate for ages 55-59: 4.5%
- Unemployment rate for ages 60-64: 4.2%
- Unemployment rate for ages 65-74: 3.5%
- Unemployment rate for ages 75 and older: 1.6%
- Livability score: 83
- Cost-of-living index: 113
- Annual expenditures: $65,971.21
- Median household income: $77,278
Learn How: You Can Kick Off Your Post-Retirement Small Business for $10,000 or Less
Omaha, Nebraska
- Overall population: 463,081
- Percentage of population over age 50: 30.65%
- Unemployment rate for ages 45-54: 3.5%
- Unemployment rate for ages 55-59: 3.3%
- Unemployment rate for ages 60-64: 2.7%
- Unemployment rate for ages 65-74: 2.7%
- Unemployment rate for ages 75 and older: 2.8%
- Livability score: 75
- Cost-of-living index: 89.8
- Annual expenditures: $52,426.68
- Median household income: $53,789
Boise, Idaho
- Overall population: 220,859
- Percentage of population over age 50: 31.57%
- Unemployment rate for ages 45-54: 2.9%
- Unemployment rate for ages 55-59: 3.4%
- Unemployment rate for ages 60-64: 3.8%
- Unemployment rate for ages 65-74: 3.9%
- Unemployment rate for ages 75 and older: 0%
- Livability score: 80
- Cost-of-living index: 103.6
- Annual expenditures: $60,483.34
- Median household income: $54,547
Sioux Falls, South Dakota
- Overall population: 170,401
- Percentage of population over age 50: 30.01%
- Unemployment rate for ages 45-54: 3.4%
- Unemployment rate for ages 55-59: 3.1%
- Unemployment rate for ages 60-64: 1.4%
- Unemployment rate for ages 65-74: 3.4%
- Unemployment rate for ages 75 and older: 2.9%
- Livability score: 73
- Cost-of-living index: 88.6
- Annual expenditures: $51,726.10
- Median household income: $56,714
Virginia Beach, Virginia
- Overall population: 450,057
- Percentage of population over age 50: 31.46%
- Unemployment rate for ages 45-54: 4%
- Unemployment rate for ages 55-59: 2.3%
- Unemployment rate for ages 60-64: 3.6%
- Unemployment rate for ages 65-74: 3.1%
- Unemployment rate for ages 75 and older: 3.5%
- Livability score: 77
- Cost-of-living index: 105.6
- Annual expenditures: $61,650.97
- Median household income: $70,500
Plano, Texas
- Overall population: 281,566
- Percentage of population over age 50: 32.93%
- Unemployment rate for ages 45-54: 3.3%
- Unemployment rate for ages 55-59: 3.2%
- Unemployment rate for ages 60-64: 4.9%
- Unemployment rate for ages 65-74: 5.4%
- Unemployment rate for ages 75 and older: 4.1%
- Livability score: 91
- Cost-of-living index: 109.3
- Annual expenditures: $63,811.09
- Median household income: $88,578
Chesapeake, Virginia
- Overall population: 235,410
- Percentage of population over age 50: 32.43%
- Unemployment rate for ages 45-54: 3.6%
- Unemployment rate for ages 55-59: 3.4%
- Unemployment rate for ages 60-64: 2%
- Unemployment rate for ages 65-74: 2.8%
- Unemployment rate for ages 75 and older: 0%
- Livability score: 69
- Cost-of-living index: 106.4
- Annual expenditures: $62,118.02
- Median household income: $72,214
Lubbock, Texas
- Overall population: 247,323
- Percentage of population over age 50: 26.45%
- Unemployment rate for ages 45-54: 2.5%
- Unemployment rate for ages 55-59: 2.4%
- Unemployment rate for ages 60-64: 2.7%
- Unemployment rate for ages 65-74: 1.2%
- Unemployment rate for ages 75 and older: 2.9%
- Livability score: 78
- Cost-of-living index: 79.9
- Annual expenditures: $46,646.90
- Median household income: $47,326
McKinney, Texas
- Overall population: 164,760
- Percentage of population over age 50: 24.65%
- Unemployment rate for ages 45-54: 2.8%
- Unemployment rate for ages 55-59: 3.7%
- Unemployment rate for ages 60-64: 5%
- Unemployment rate for ages 65-74: 1.8%
- Unemployment rate for ages 75 and older: 5.1%
- Livability score: 90
- Cost-of-living index: 107.9
- Annual expenditures: $62,993.75
- Median household income: $87,608
Amarillo, Texas
- Overall population: 197,823
- Percentage of population over age 50: 29.89%
- Unemployment rate for ages 45-54: 2.1%
- Unemployment rate for ages 55-59: 3.3%
- Unemployment rate for ages 60-64: 2.3%
- Unemployment rate for ages 65-74: 2.1%
- Unemployment rate for ages 75 and older: 0.5%
- Livability score: 78
- Cost-of-living index: 80.1
- Annual expenditures: $46,763.66
- Median household income: $51,198
Frisco, Texas
- Overall population: 155,363
- Percentage of population over age 50: 22.16%
- Unemployment rate for ages 45-54: 2.6%
- Unemployment rate for ages 55-59: 4.7%
- Unemployment rate for ages 60-64: 5.2%
- Unemployment rate for ages 65-74: 3.5%
- Unemployment rate for ages 75 and older: 3%
- Livability score: 92
- Cost-of-living index: 120
- Annual expenditures: $70,057.92
- Median household income: $120,701
Lincoln, Nebraska
- Overall population: 277,315
- Percentage of population over age 50: 29%
- Unemployment rate for ages 45-54: 2.6%
- Unemployment rate for ages 55-59: 3.5%
- Unemployment rate for ages 60-64: 1.8%
- Unemployment rate for ages 65-74: 1.8%
- Unemployment rate for ages 75 and older: 0.6%
- Livability score: 80
- Cost-of-living index: 89.8
- Annual expenditures: $52,426.68
- Median household income: $53,089
Cary, North Carolina
- Overall population: 159,715
- Percentage of population over age 50: 31.61%
- Unemployment rate for ages 45-54: 2.6%
- Unemployment rate for ages 55-59: 2.5%
- Unemployment rate for ages 60-64: 4.5%
- Unemployment rate for ages 65-74: 1.9%
- Unemployment rate for ages 75 and older: 6.8%
- Livability score: 86
- Cost-of-living index: 115
- Annual expenditures: $67,138.84
- Median household income: $97,755
Arlington, Virginia
- Overall population: 229,534
- Percentage of population over age 50: 25.59%
- Unemployment rate for ages 45-54: 2.6%
- Unemployment rate for ages 55-59: 2.2%
- Unemployment rate for ages 60-64: 2.8%
- Unemployment rate for ages 65-74: 3.2%
- Unemployment rate for ages 75 and older: 0%
- Livability score: 82
- Cost-of-living index: 168.7
- Annual expenditures: $98,489.76
- Median household income: $112,138
Overland Park, Kansas
- Overall population: 186,147
- Percentage of population over age 50: 34.2%
- Unemployment rate for ages 45-54: 3%
- Unemployment rate for ages 55-59: 2.8%
- Unemployment rate for ages 60-64: 3%
- Unemployment rate for ages 65-74: 2.3%
- Unemployment rate for ages 75 and older: 0.8%
- Livability score: 83
- Cost-of-living index: 111.2
- Annual expenditures: $64,920.34
- Median household income: $78,217
More From GOBankingRates
- 50 Easy Things You Should Do To Save Money
- The Downsides of Retirement That Nobody Talks About
- Tips To Keep Your Finances in Order Without Sacrificing What You Want
- 40 Money Habits That Can Leave You Broke
Methodology: GOBankingRates looked at 176 cities with a population over 150,000, as sourced from the 2017 American Community Survey, across nine factors in order to determine the 50 best cities for job seekers over 50. The nine factors were: (1) the percentage of population older than 50, sourced from the 2017 American Community Survey; (2) the unemployment rate among 45- to 54-year-olds, (3) the unemployment rate among 55- to 59-year-olds, (4) the unemployment rate among 60- to 64-year-olds, (5) the unemployment rate among 65- to 74-year-olds, and (6) the unemployment rate among those ages 75 and older, all sourced from the 2017 American Community Survey; (7) a livability score, sourced from AreaVibes; (8) the cost of annual expenditures, calculated using the 2018 Bureau of Labor Statistics Consumer Expenditure survey factored out by each city’s cost-of-living index, as sourced from Sperling’s Best Places; and (9) the median household income, as sourced from the 2017 American Community Survey. All factors were then scored and combined, with the lowest score being best. Factor No. 1 was weighted 1/2 times while factor No. 2 was weighted 3/4 times. All data used to conduct this study was compiled and verified on Nov. 19, 2019.
Share this article: