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A Profile of Older Americans: 2007

Highlights*

  • The older population (65+) numbered 37.3 million in 2006, an increase of 3.4 million or 10.0% since 1996.
  • The number of Americans aged 45-64 – who will reach 65 over the next two decades – increased by 39% during this decade.
  • About one in every eight, or 12.4 percent, of the population is an older American.
  • Persons reaching age 65 have an average life expectancy of an additional 18.7 years (20.0 years for females and 17.1 years for males).
  • Older women outnumber older men at 21.6 million older women to 15.7 million older men.
  • In 2006, 19.0% of persons 65+ were minorities--8.3% were African-Americans.**  Persons of Hispanic origin (who may be of any race) represented 6.4% of the older population.  About 3.1% of the elderly 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).  43% older women in 2006 were widows.
  • About 30 percent (10.7 million) of noninstitutionalized older persons live alone (7.8 million women, 2.9 million men).
  • Half of older women (48%) age 75+ live alone.
  • About 450,000 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 6.1 million in 2010 (a 40% increase) and then to 7.3 million in 2020 (a 44% increase for that decade).
  • Members of minority groups are projected to increase from 5.7 million in 2000 (16.4% of the elderly population) to 8.1 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 2006 was $23,500 for males and $13,603 for females.  Median money income of all households headed by older people (after adjusting for inflation) rose by 3.4% from 2005 to 2006.  Family households headed by older people reported a median income in 2006 of $39,649.
  • Major sources of income for older people in 2005 were:  Social Security (reported by 89 percent of older persons), income from assets (reported by 55 percent), private pensions (reported by 29 percent), government employee pensions (reported by 14 percent), and earnings (reported by 24 percent).
  • Social Security constituted 90% or more of the income received by 34% of all Social Security beneficiaries (22% of married couples and 43% of non-married beneficiaries).
  • About 3.4 million elderly persons (9.4%) were below the poverty level in 2006 which is a statistically significant decrease from the poverty rate in 2005 (10.1%).
  • About 11% (3.7 million) of older Medicare enrollees received personal care from a paid or unpaid source in 1999.

*Principal sources of data for the Profile are the U.S. Bureau of the Census, the National Center on Health Statistics, and the Bureau of Labor Statistics. The Profile incorporates the latest data available but not all items are updated on an annual basis.

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AoA - Statistics - A Profile of Older Americans 2007 - The Older Population