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Fun Facts About the Senior Population: Demographics

U.S. Census statistics show senior population growing and changing

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Senior couple making online purchase
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It’s no secret that the senior population – in this country and around the world – is growing and changing. Here some interesting demographic statistics about the senior population, courtesy of the U.S. Census Bureau:

SENIOR POPULATION GROWS EVERY YEAR
36.3 million - The number of seniors who were age 65 and older in the United States on July 1, 2004.

  • Seniors 65+ comprised 12 percent of the total population in 2004.
  • Between 2003 and 2004, 351,000 people joined the 65+ age group.

86.7 million - Projected number of people who will be 65 or older in the year 2050.

  • In 2050, seniors age 65 and older will make up 21 percent of the total population.

147 percent - The projected percentage that the 65+ senior population will increase between 2000 and 2050.

  • The U.S. population as a whole is expected to increase by only 49 percent during same period.

483 million - Current senior population of people age 65 and older in the world.

  • 974 million - The total worldwide senior population over age 65 by 2030, projected by the Census Bureau.

IMMIGRATION
3.7 million - Number of foreign-born U.S. residents who were 65 and older in 2004.

Related Resources:

RATIO OF SENIOR MEN TO SENIOR WOMEN
72 - The number of men age 65 and older for every 100 women in the same age group.

  • In the 85 and over group, there are 45 men per 100 women.

4.9 million - The number of seniors in the U.S. who were 85 and on July 1, 2004.

Related Resources:

LONGEVITY
67,473 - The estimated number of centenarians (people age 100 or older) in the United States on Nov. 1, 2005.

580,605 - Projected number of centenarians in the United States in 2040.

Related Resources:

INCOME AND WEALTH
$108,885 - Median net worth in 2000 of households headed by seniors age 65 and older.

  • Householders under the age of 35 had a median household net worth of $7,240.
  • $24,509 - Median 2004 income of households headed by seniors age 65 and older, unchanged from 2003.

    9.8 percent - Poverty rate for people 65 and older in 2004, down 0.4 percentage points from 2003.

    39 percent - Percentage of total annual personal income of seniors 65+ that comes from Social Security payments.

    Related Resources:

    What about lifestyle decisions made by the senior population? For example, where do most seniors like to live? Are more seniors married? And what does the senior population like to do for fun? See Fun Facts About the Senior Population: Lifestyle Choices

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