Current:Home > MyIn an aging nation, these states are home to the oldest residents on average -ProfitSphere Academy
In an aging nation, these states are home to the oldest residents on average
View
Date:2025-04-11 15:35:40
The average American retires at age 62— not old enough to qualify for Medicare but still four decades deep in the workforce. As previously reported by USA TODAY, the Transamerica Center for Retirement Studies found a five-year gap, 67 and 62, between when older workers expect to retire vs when they actually retire.
Older Americans who are retired or nearing retirement—those 65 and older—make up 18% of the population, a total of 62 million adults, according to the U.S. Census Bureau.
Where does America's retired population live in the U.S.? Census Bureau data gives insight into where older generations call home:
Which states are home to the oldest and youngest populations?
Maine is home to the oldest population on average, followed by Puerto Rico, New Hampshire, Vermont, West Virginia and Florida.
The median age group in Maine is 45.1— 43.9 for men and 46.4 for women. Although mid 40's is not nearly close to the standard 'retirement age,' it's about 6 years older than the median age of all Americans, according to Census Bureau data.
Utah is home to the youngest population on average, with the average man aged 31.4 and the average woman aged 32.7.
Maine and Florida home to large population of baby boomers
Between 2000 and 2020, the population of Americans 65 and older increased in every state, according to the Census Bureau. This population is largest in Maine, Florida, West Virginia, and Vermont, with over 20% of the residents identifying as 65 and older.
While a growing number of retirement-aged folks moved to Maine, it is still home to a large share of life-long residents who have aged in place, according to the Washington Post.
Meanwhile Florida, home to the second-largest elderly population percentage, has a large share of retirees who were born elsewhere.
Migration across the US:New Yorkers are the No.1 movers to Florida. Find out why.
Retiring in the U.S.:Think you'll work past 70? Good luck. Why most of us retire earlier.
veryGood! (337)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- How race, police and mental health collided in America's heartland | The Excerpt
- Diana Taurasi has 6 Olympic golds. Will she be at LA2028? Yep, having a beer with Sue Bird
- Jason Biggs knows 'attractive pie' hosting Netflix's 'Blue Ribbon Baking' show
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Where are the 2026 Winter Olympics held? Location, date of next Olympic Games
- Marathon swimmer says he quit Lake Michigan after going in wrong direction with dead GPS
- Miley Cyrus Breaks Down in Tears While Being Honored at Disney Legends Ceremony
- Nevada attorney general revives 2020 fake electors case
- 'Scarface' actor Ángel Salazar dies at 68
Ranking
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Tom Cruise performs 'epic stunt' at Olympics closing ceremony
- Hunter Biden’s lawyers say claims about foreign business dealing have no place in upcoming tax trial
- Sifan Hassan wins women’s marathon at Paris Olympics after trading elbows with Tigst Assefa
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Horoscopes Today, August 10, 2024
- Christina Hall Shares Update on Her Kids Amid Josh Hall Divorce
- Social Security's 2025 COLA will be announced in less than 2 months. Expect bad news
Recommendation
At site of suspected mass killings, Syrians recall horrors, hope for answers
Who performed at the Olympic closing ceremony? Snoop, Dr. Dre, Billie Eilish, Red Hot Chili Peppers
Large desert tortoise rescued from Arizona highway after escaping from ostrich ranch 3 miles away
New weather trouble? Tropical Storm Ernesto could form Monday
The Best Stocking Stuffers Under $25
Disney's Goofy Character Isn't Actually a Dog—Or a Cow
Gypsy Rose Blanchard reveals sex of baby: 'The moment y’all have been waiting for'
Will Katie Ledecky Compete at the 2028 Los Angeles Olympics? She Says...