Current:Home > ScamsIn an aging nation, these states are home to the oldest residents on average -Pinnacle Profit Strategies
In an aging nation, these states are home to the oldest residents on average
View
Date:2025-04-15 21:39:40
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! (68)
Related
- The Grammy nominee you need to hear: Esperanza Spalding
- 'We made mistakes': Houston police contacting rape victims in over 4,000 shelved cases
- Police search huge NYC migrant shelter for ‘dangerous contraband’ as residents wait in summer heat
- Would your cat survive the 'Quiet Place'? Felines hilariously fail viral challenge
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Boxing fiasco sparks question: Do future Olympics become hunt for those who are different?
- Gleyber Torres benched by Yankees' manager Aaron Boone for lack of hustle
- 5 people wounded in overnight shooting, Milwaukee police say
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Miami Dolphins, Tyreek Hill agree to restructured $90 million deal
Ranking
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- You’ll Flip for Why Stephen Nedoroscik’s Girlfriend Tess McCracken Says They’re a Perfect 10
- S&P 500, Dow, Nasdaq end sharply lower as weak jobs report triggers recession fears
- US and Russia tout prisoner swap as a victory. But perceptions of the deal show stark differences
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- IOC leader says ‘hate speech’ directed at Imane Khelif and Lin Yu-Ting at Olympics is unacceptable
- Is Sha'Carri Richardson running today? Olympics track and field schedule, times for Aug. 3
- That's not my cat... but, maybe I want it to be? Inside the cat distribution system
Recommendation
2 killed, 3 injured in shooting at makeshift club in Houston
USA Basketball vs. Puerto Rico highlights: US cruises into quarterfinals with big win
A year after Maui wildfire, chronic housing shortage and pricey vacation rentals complicate recovery
Thistle & Nightshade bookstore pushes 'the boundaries of traditional representation'
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
Kamala Harris is interviewing six potential vice president picks this weekend, AP sources say
Olympics 2024: China Badminton Players Huang Yaqiong and Liu Yuchen Get Engaged After She Wins Gold
Gleyber Torres benched by Yankees' manager Aaron Boone for lack of hustle