Current:Home > StocksIn an aging nation, these states are home to the oldest residents on average -TradeGrid
In an aging nation, these states are home to the oldest residents on average
View
Date:2025-04-13 23:08:46
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! (76)
Related
- Global Warming Set the Stage for Los Angeles Fires
- Texas inmate on death row for nearly 30 years ruled not competent to be executed
- Powerball jackpot nears $1 billion after long drought of winners
- 'That song grates on me': 'Flora and Son' director has no patience for 'bad music'
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Student pilot, instructor killed in plane crash during severe storm in Kentucky
- Tampa Bay Lightning goalie Andrei Vasilevskiy will miss two months after back surgery
- Reese Witherspoon's 'Love in Fairhope' follows Alabama singles in new take on reality TV
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- A small plane has crashed in Zimbabwe and authorities suspect all 6 people on board are dead
Ranking
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Man who fled NYC day care where suspected drug exposure led to child’s death has been arrested
- Things to know about the Klamath River dam removal project, the largest in US history
- Have a complaint about CVS? So do pharmacists: Many just walked out
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Desde los taqueros veganos hasta un escándalo político, escucha estos podcasts
- Mom of Colorado man killed by police after taking ‘heroic’ actions to stop gunman settles with city
- Nina Dobrev and Shaun White Love Hard During Red Carpet Date Night
Recommendation
What to watch: O Jolie night
Las Vegas stadium proponents counter attempt to repeal public funding for potential MLB ballpark
Police arrest suspect weeks after brutal attack of 13-year-old at a McDonald's in Los Angeles
Afghan embassy says it is stopping operations in Indian capital
This was the average Social Security benefit in 2004, and here's what it is now
What to know as fall vaccinations against COVID, flu and RSV get underway
Olympic skater's doping hearing adjourned in shocking move; more delays ahead
Overworked and understaffed: Kaiser workers are on the brink of a nationwide strike