Current:Home > ScamsIn an aging nation, these states are home to the oldest residents on average -WealthTrack
In an aging nation, these states are home to the oldest residents on average
View
Date:2025-04-13 02:32:45
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! (2138)
Related
- Meet first time Grammy nominee Charley Crockett
- James Ray III, lawyer convicted of murdering girlfriend, dies while awaiting sentencing
- Basketball powers Kansas and North Carolina will face each other in home-and-home series
- U.S. appeals court preserves partial access to abortion pill, but with tighter rules
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Allergic to cats? There may be hope!
- Here Are Martha Stewart's Top Wellness Tips to Live Your Best Life
- Daniel Day-Lewis Looks Unrecognizable in First Public Sighting in 4 Years
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Mass shooting in St. Louis leaves 1 juvenile dead, 9 injured, police say
Ranking
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Recovery high schools help kids heal from an addiction and build a future
- Padma Lakshmi Claps Back to Hater Saying She Has “Fat Arms”
- This Week in Clean Economy: ARPA-E’s Clean Energy Bets a Hard Sell with Congress, Investors
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- California’s Landmark Clean Car Mandate: How It Works and What It Means
- Baltimore Ravens WR Odell Beckham Jr. opens up on future plans, recovery from ACL injury
- Florida's abortion laws protect a pregnant person's life, but not for mental health
Recommendation
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
Pipeline Payday: How Builders Win Big, Whether More Gas Is Needed or Not
'Therapy speak' is everywhere, but it may make us less empathetic
Teens, trust and the ethics of ChatGPT: A bold wish list for WHO as it turns 75
Meet first time Grammy nominee Charley Crockett
Sun's out, ticks out. Lyme disease-carrying bloodsucker season is getting longer
Sydney Sweeney Makes Euphoric Appearance With Fiancé Jonathan Davino in Cannes
Alaska Chokes on Wildfires as Heat Waves Dry Out the Arctic