Current:Home > StocksIn an aging nation, these states are home to the oldest residents on average -Wealth Legacy Solutions
In an aging nation, these states are home to the oldest residents on average
View
Date:2025-04-17 23:23:40
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! (7962)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- Insulin prices were capped for millions. But many still struggle to afford to life-saving medication
- WNBA legend Sue Bird says Iowa's Caitlin Clark will have 'success early' in league. Here's why
- Bad Bunny setlist: Here are all the songs at his Most Wanted Tour
- Sam Taylor
- Toronto Maple Leafs' Auston Matthews becomes fastest US-born player to 50 goals
- Georgia lawmakers weigh a 3-year pause on expansion permits for planned Okefenokee mine
- Lionel Messi and Inter Miami open 2024 MLS season: Must-see pictures from Fort Lauderdale
- Former longtime South Carolina congressman John Spratt dies at 82
- Mayorkas meets with Guatemalan leader Arévalo following House impeachment over immigration
Ranking
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- 'Boy Meets World' stars stood by convicted child molester. It's not uncommon, experts say.
- Measles cases rose 79% globally last year, WHO says. Experts explain why.
- Federal judge affirms MyPillow’s Mike Lindell must pay $5M in election data dispute
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Kim Kardashian’s New SKIMS Swimwear Collection Is Poolside Perfection With Many Coverage Options
- A Colorado man died after a Gila monster bite. Opinions and laws on keeping the lizard as a pet vary
- Extreme fog fueled 20-vehicle crash with 21 hurt on US 84 in southeastern Mississippi
Recommendation
2025 'Doomsday Clock': This is how close we are to self
Feds accuse alleged Japanese crime boss with conspiring to traffic nuclear material
Sex ed classes in some states may soon watch a fetal development video from an anti-abortion group
Supreme Court seems skeptical of EPA's good neighbor rule on air pollution
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Youngkin, Earle-Sears join annual anti-abortion demonstration in Richmond
Boeing's head of 737 Max program loses job after midair blowout
Rep. Ro Khanna, a Biden ally, to meet with Arab American leaders in Michigan before state's primary