Retiring in Hollywood

Hollywood has a genuine, Census-documented retiree and snowbird presence -- roughly 18% of residents are 65 or older -- concentrated in its older oceanfront condo buildings along the Broadwalk. A top-ranked in-city hospital system and Florida's no-income-tax status add concrete, retiree-relevant advantages.

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A real, Census-documented retiree population

Census-derived data puts Hollywood's median age at 40.9 years, with about 18.4% of residents 65 or older (roughly 14.6% aged 65-84 and 2.5% aged 85-plus) -- about 28,464 seniors out of a total population of roughly 158,161, per 2019-2023 ACS 5-Year Estimates aggregated by Neilsberg (retrieved 2026-08-22). Hollywood Beach's mix of older, lower-rise oceanfront condo buildings along the Broadwalk has long drawn retirees and seasonal snowbirds, consistent with the broader South Florida pattern.

A concrete, highly ranked healthcare advantage for retirees

Memorial Regional Hospital (797 beds) and Joe DiMaggio Children's Hospital sit within Hollywood city limits, part of the Memorial Healthcare System -- a genuine, sourced healthcare-access advantage for a retiree population that typically needs more frequent medical care (see the healthcare-safety topic).

No state income tax applies fully to retirement income

Florida's constitutional lack of a state income tax applies fully to Social Security, pensions, and 401(k)/IRA withdrawals in Hollywood exactly as it does statewide -- a genuine advantage, though not unique to Hollywood among Florida cities.

The real cost side for retirees on a fixed income

Hollywood Beach and West Hollywood condos carry a $480K-$484K median (Redfin, period ending April 2026), and Florida's statewide homeowners insurance range ($3,240-$10,384/year) applies here, layered with documented flood-zone exposure (roughly 35% of properties in high-risk zones) -- real, current planning considerations for a retiree budgeting on a fixed income.

Key takeaways

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Last reviewed: 2026-08-22. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.