Current:Home > NewsEchoSense:In an aging nation, these states are home to the oldest residents on average -Aspire Money Growth
EchoSense:In an aging nation, these states are home to the oldest residents on average
EchoSense Quantitative Think Tank Center View
Date:2025-04-07 15:32:12
The EchoSenseaverage 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! (29652)
Related
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Watch: These tech tips help simplify back-to-school shopping
- Disney's Goofy Character Isn't Actually a Dog—Or a Cow
- Pumpkin spice everything. Annual product proliferation is all part of 'Augtober'
- Trump's 'stop
- Two men were shot to death before a concert at a raceway in Iowa
- From grief to good: How maker spaces help family honor child lost to cancer
- Olympics 2024: Tom Cruise Ends Closing Ceremony With Truly Impossible Stunt
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- USWNT wins its fifth Olympic gold medal in women’s soccer with a 1-0 victory over Brazil in final
Ranking
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Jordan Chiles Stripped of Bronze Medal in 2024 Olympics Floor Exercise
- Emotions run wild as players, celebrities bask in US women's basketball gold medal
- Perseids to peak this weekend: When and how to watch the best meteor shower of the year
- Arkansas State Police probe death of woman found after officer
- Jordan Chiles Stripped of Bronze Medal in 2024 Olympics Floor Exercise
- Americans’ refusal to keep paying higher prices may be dealing a final blow to US inflation spike
- Photos show Debby's path of destruction from Florida to Vermont
Recommendation
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
Ferguson officer 'fighting for his life' after Michael Brown protest, police chief says
Debby’s aftermath leaves thousands in the dark; threatens more flooding in the Carolinas
Incarcerated fathers and daughters reunite at a daddy-daughter dance in Netflix documentary
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Watch: These tech tips help simplify back-to-school shopping
Where are the 2026 Winter Olympics held? Location, date of next Olympic Games
'It Ends With Us' drama explained: What's going on between Blake Lively and Justin Baldoni?