Current:Home > reviewsIn an aging nation, these states are home to the oldest residents on average -FinanceCore
In an aging nation, these states are home to the oldest residents on average
View
Date:2025-04-15 20:08:55
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! (2473)
Related
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- 2025 COLA estimate dips with inflation, but high daily expenses still burn seniors
- Viral Australian Olympic breakdancer Raygun responds to 'devastating' criticism
- Family of man killed by Connecticut police officer files lawsuit, seeks federal probe of department
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Alabama lawyer accused of sexually assaulting handcuffed inmate, lawsuit says
- Meta kills off misinformation tracking tool CrowdTangle despite pleas from researchers, journalists
- These six House races are ones to watch in this year’s election
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Andrew Shue's Sister Elisabeth Shares Rare Update on His Life Amid Marilee Fiebig Romance
Ranking
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Beyoncé leads nominations for 2024 People’s Choice Country Awards
- Hurricane Ernesto aims for Bermuda after leaving many in Puerto Rico without power or water
- The Notebook Actress Gena Rowlands Dead at 94
- 2025 'Doomsday Clock': This is how close we are to self
- Ryan Reynolds on his 'complicated' relationship with his dad, how it's changed him
- The Sunscreen and Moisturizer Duo That Saved My Skin on a Massively Hot European Vacation
- Traveling? Here Are the Best Life-Saving Travel Accessories You Need To Pack, Starting at Just $7
Recommendation
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
'Business done right': Why the WWE-TNA partnership has been a success
Ryan Reynolds on his 'complicated' relationship with his dad, how it's changed him
US unemployment claims fall 7,000 to 227,000 in sign of resiliency in job market
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
Hideki Matsuyama will be without regular caddie, coach after their passports and visas were stolen
NASA still hasn't decided the best way to get the Starliner crew home: 'We've got time'
'Alien: Romulus' movie review: Familiar sci-fi squirms get a sheen of freshness