Thursday, March 17, 2011

Profile of Older Americans: 2010

This annual summary of the latest statistics on the older population covers 15 topical areas including population, income and poverty, living arrangements, education, and health. A description of the highlights of this document can be found below.

The Profile has proven to be a very useful statistical summary in a user friendly format. It is a web based publication and will be posted shortly on the AoA web site.

Highlights - Profile of Older Americans: 2010
  • The older population (65+) numbered 39.6 million in 2009, an increase of 4.3 million or 12.5% since 1999.
  • The number of Americans aged 45-64-- who will reach 65 over the next two decades-- increased by 26% during this decade.
  • Over one in every eight, or 12.9%, of the population is an older American.
  • Persons reaching age 65 have an average life expectancy of an additional 18.6 years (19.9 years for females and 17.2 years for males).
  • Older women outnumber older men at 22.7 million older women to 16.8 million older men.
  • In 2009, 19.9% of persons 65+ were minorities--8.3% were African-Americans.** Persons of Hispanic origin (who may be of any race) represented 7.0% of the older population. About 3.4% were Asian or Pacific Islander,** and less than 1% were American Indian or Native Alaskan.** In addition, 0.6% of persons 65+ identified themselves as being of two or more races.
  • Older men were much more likely to be married than older women--72% of men vs. 42% of women (Figure 2). 42% older women in 2009 were widows.
  • About 30% (11.3 million) of noninstitutionalized older persons live alone (8.3 million women, 3.0 million men).
  • Half of older women (49%) age 75+ live alone.
  • About 475,000 grandparents aged 65 or more had the primary responsibility for their grandchildren who lived with them.
  • The population 65 and over will increase from 35 million in 2000 to 40 million in 2010 (a 15% increase) and then to 55 million in 2020 (a 36% increase for that decade).
  • The 85+ population is projected to increase from 4.2 million in 2000 to 5.7 million in 2010 (a 36% increase) and then to 6.6 million in 2020 (a 15% increase for that decade).
  • Minority populations are projected to increase from 5.7 million in 2000 (16.3% of the elderly population) to 8.0 million in 2010 (20.1% of the elderly) and then to 12.9 million in 2020 (23.6% of the elderly).
  • The median income of older persons in 2009 was $25,877 for males and $15,282 for females. Median money income (after adjusting for inflation) of all households headed by older people rose 5.8% (statistically significant) from 2008 to 2009. Households containing families headed by persons 65+ reported a median income in 2009 of $43,702.
  • The major sources of income as reported by older persons in 2008 were Social Security (reported by 87% of older persons), income from assets (reported by 54%), private pensions (reported by 28%), government employee pensions (reported by 14%), and earnings (reported by 25%).
  • Social Security constituted 90% or more of the income received by 34% of beneficiaries in 2008 (21% of married couples and 43% of non-married beneficiaries).
  • Almost 3.4 million elderly persons (8.9%) were below the poverty level in 2009. This poverty rate is statistically different from the poverty rate in 2008 (9.7%).
  • About 11% (3.7 million) of older Medicare enrollees received personal care from a paid or unpaid source in 1999.

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