Current:Home > reviewsIn an aging nation, these states are home to the oldest residents on average -InvestPioneer
In an aging nation, these states are home to the oldest residents on average
View
Date:2025-04-16 16:04:15
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! (4)
Related
- Meet first time Grammy nominee Charley Crockett
- Tom Hollander goes deep on 'Feud' finale, why he's still haunted by Truman Capote
- Small businesses are cutting jobs. It's a warning sign for the US economy.
- Biden says he would sign TikTok bill that could ban app
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- JPMorgan fined almost $350M for issues with trade surveillance program
- Powerball jackpot hits $600 million. Could just one common number help you win 3/16/24?
- Stumpy, D.C.'s beloved short cherry tree, to be uprooted after cherry blossoms bloom
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Kristen Stewart on her 'very gay' new movie 'Love Lies Bleeding': 'Lesbians overload!'
Ranking
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Prosecutors say they’re open to delaying start of Donald Trump’s March 25 hush-money trial
- Most semi-automated vehicle systems fall short on safety, new test finds
- Florida woman found dead on cruise ship, Bahamas police say
- Tom Holland's New Venture Revealed
- Taco Bell menu ready to expand with new Cantina Chicken burrito, quesadilla, bowl and tacos
- 'Apples Never Fall': Latest adaptation of Liane Moriarty book can't match 'Big Little Lies'
- Gwyneth Paltrow swears this form of meditation changed her life. So I tried it with her.
Recommendation
NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
With Haiti in the grips of gang violence, 'extremely generous' US diaspora lends a hand
As threats to Black cemeteries persist, a movement to preserve their sacred heritage gains strength
Olivia Munn, 43, reveals breast cancer, double mastectomy: What to know about the disease
Questlove charts 50 years of SNL musical hits (and misses)
NFL investigating Eagles for tampering. Did Philadelphia tamper with Saquon Barkley?
February retail sales up 0.6%, but some cracks emerge in what has been a driving force for economy
*NSYNC Reunites for Surprise Performance at Los Angeles Concert