Senior Population Surges in South and West
March 17, 2017 02:40 PM
The population of senior citizens increased from 36.6 million to 47.8 million between 2005 and 2015 and should more than double to nearly 100 million by 2060, according to a new reportfrom the Administration for Community Living.
The biggest increases in senior population came in Nevada and Colorado, which saw spikes of 55.3 percent and 53.8 percent, respectively. Other states experiencing major growth in their senior populations were Georgia (50.2 percent), South Carolina (48.9 percent) and Arizona (48 percent).
These growth figures indicate that home care and hospice providers may find substantial increases in demand for their services in the western and southeastern areas of the United States. The study found that from January 2016 to June 2016, seniors 85 and older were more than twice as likely as adults 75-84 to require personal care and six times as likely as adults in the 65-74 age bracket.
In 2015, California and Florida continued to have the largest overall populations citizens 65 years and older, at almost 5.2 million and almost four million, respectively. New York, Illinois, Ohio and Michigan were the states with the next-biggest populations of senior citizens.
Worryingly, about ten percent of the senior population in California and Florida live in poverty, which is on the higher side compared to the country as a whole. On the other hand, less than five percent of seniors in Alaska live in poverty and in New Hampshire and Delaware, only slightly more than six percent of seniors are in poverty.
The Social Security monthly benefit in 2016 was an average of $1341 for retirees, according to the report. For senior citizens in 2014, the report found that their major sources of income were Social Security (84 percent), assets income (62 percent), private pensions (37 percent), earnings (29 percent) and government pensions (16 percent).