August 25, 2025
When people think of retirement destinations, Florida and Arizona usually top the list. But recently, a quieter contender in New York has been making waves among retirees looking for affordability without sacrificing convenience—Mount Vernon in Westchester County.
A recent GOBankingRates study shows Mount Vernon saw a 25% increase in its senior population from 2018 to 2023. Nearly one in five residents is now 65 or older. This town isn’t just seeing a few retirees trickling in—it’s becoming a full-fledged retirement hotspot.
So, what’s driving this trend?
For starters, Mount Vernon offers an attractive combination of affordability and location. The median home price is around $526,000—substantially lower than neighboring Bronxville, where prices are nearing $1.5 million.
For retirees looking to downsize or relocate on a budget, Mount Vernon presents a much more accessible entry point into Westchester living.
Location is another huge draw. A quick 40-minute train ride gets you to Midtown Manhattan. This means residents can still enjoy the city’s cultural events, dining, and top-tier healthcare facilities without the chaos of city living. It’s a sweet spot: close enough for convenience, far enough for peace.
But Mount Vernon isn’t just about numbers. The town has a relaxed, suburban feel, offering parks, local shopping, and a sense of community that’s appealing to those looking to enjoy a quieter lifestyle.
For realtors, this shift presents a golden opportunity. Whether it’s helping long-time NYC residents transition to a more relaxed pace or assisting out-of-state retirees looking for East Coast alternatives, Mount Vernon is a market to watch.
As the senior demographic continues to grow, properties catering to aging in place—think single-story homes, condos with elevators, and proximity to healthcare—will become increasingly desirable here.
If you’re a homeowner considering selling, or a buyer looking for a strategic retirement move, Mount Vernon deserves to be on your radar.
Disclaimer: This content is meant for informational purposes only and is not intended to be construed as financial, tax, legal, or insurance advice.
