Number of U.S. Elderly Will Double By 2050, Report Says
Number of U.S. Elderly Will Double By 2050, Report Says

Number of U.S. Elderly Will Double By 2050, Report Says

America’s older population – 65 and above – will reach 83.7 million in the year 2050, almost double in size from the 2012 level of 43.1 million, according to two US Census Bureau reports released today.

A large part of this growth is due to the ageing of baby boomers (individuals born in the US between mid-1946 and mid-1964), who began turning 65 in 2011 and are now driving growth at the older ages of the population, the report said.

“The United States is projected to age significantly over this period, with 20 percent of its population age 65 and over by 2030,” said Jennifer Ortman, chief of the Census Bureau’s Population Projections Branch in a press release. “Changes in the age structure of the U.S. population will have implications for health care services and providers, national and local policymakers, and businesses seeking to anticipate the influence that this population may have on their services, family structure and the American landscape.”

Already, the services and business are beginning to adapt to the demographic boom, with more CCRCs and health care services focused on senior care, the Census noted.

With 819,000 establishments, the health care a social assistance sector is one of the largest in the U.S., the Census noted, including home and health care services, community care facilities for the aging population and continuing care retirement communities.

The Villages, Florida, the Census noted, was the nation’s fastest growing metro from 2012 to 2013.

Among the Census findings about the population, the demographic is becoming more diverse with the 65 and older population projected to be 39.1% ethnic minority in 2050, up from 20.7% in 2012.


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