Current:Home > FinanceIn an aging nation, these states are home to the oldest residents on average -WealthMap Solutions
In an aging nation, these states are home to the oldest residents on average
View
Date:2025-04-12 08:15:18
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! (3792)
Related
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Police release body camera video showing officer fatally shooting pregnant woman
- North Korea says latest missile tests simulated scorched earth nuclear strikes on South Korea
- Woman charged in murder-for-hire plot to kill husband
- Sam Taylor
- Labor Day return to office mandates yearn for 'normal.' But the pre-COVID workplace is gone.
- Deal Alert: Save Up to 40% On Avec Les Filles Linen Blazers
- Body found in trash ID'd as missing 2-year-old, father to be charged with murder
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- As Hurricane Idalia caused flooding, some electric vehicles exposed to saltwater caught fire
Ranking
- In ‘Nickel Boys,’ striving for a new way to see
- Still reeling from flooding, some in Vermont say something better must come out of losing everything
- Employers added 187,000 jobs in August, unemployment jumps to 3.8%
- Ohio police release bodycam footage of fatal shooting of pregnant shoplifting suspect
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Proud Boys members Dominic Pezzola and Ethan Nordean sentenced in Jan. 6 case
- Why Wishbone Kitchen TikToker Meredith Hayden Is Stepping Away From Being a Private Chef
- Miley Cyrus Details Undeniable Chemistry With Liam Hemsworth During The Last Song Auditions
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
Pope joins shamans, monks and evangelicals to highlight Mongolia’s faith diversity, harmony
Rudy Giuliani pleads not guilty to charges in Georgia election case
Derek Hough and Hayley Erbert Make a Splash During Honeymoon in Italy After Wedding
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
18 doodles abandoned on the street find home at Washington shelter
In Idalia's wake, a path of destruction and the start of cleanup
New Research Shows Direct Link Between Greenhouse Gas Emissions and Polar Bear Decline