In 2023, about 17.7 percent of the American population was 65 years old or over; an increase from the last few years and a figure which is expected to reach 22.8 percent by 2050. This is a significant increase from 1950, when only eight percent of the population was 65 or over. A rapidly aging population In recent years, the aging population of the United States has come into focus as a cause for concern, as the nature of work and retirement is expected to change to keep up. If a population is expected to live longer than the generations before, the economy will have to change as well to fulfill the needs of the citizens. In addition, the birth rate in the U.S. has been falling over the last 20 years, meaning that there are not as many young people to replace the individuals leaving the workforce. The future population It’s not only the American population that is aging -- the global population is, too. By 2025, the median age of the global workforce is expected to be 39.6 years, up from 33.8 years in 1990. Additionally, it is projected that there will be over three million people worldwide aged 100 years and over by 2050.

The number of retired workers receiving Social Security benefits increased from approximately ***** million in 2010 to ***** million in 2023. This figure has increased at the same rate year-on-year over the past decade and is likely to continue into the future. What is Social Security? Social Security benefits are payments, which are paid out by the U.S. government to qualified retirees and disabled people, as well as to their spouses, children and survivors. These payments are meant to provide them with partial replacement income. Social security expenditure is forecast to increase year-on-year over the next decade, as it has since the beginning of the 21st century. The impact of demographic change This is likely to the fact that the U.S. population is aging rapidly, which means that seniors will account for a greater proportion of the population in the future. This demographic change will put pressure on government resources, because the workforce whose tax dollars pay for social benefits will make up a smaller percentage of the population than now. Americans who are 65 years and older are the demographic group estimated to grow the most over the next 40 years, whereas the other groups will mostly remain the same.

Graph and download economic data for Population ages 65 and above for the United States (SPPOP65UPTOZSUSA) from 1960 to 2024 about 65-years +, population, and USA.

Graph and download economic data for Labor Force Participation Rate - With No Disability, 65 Years and over (LNU01375379) from Jun 2008 to Jun 2025 about 65 years +, disability, participation, civilian, labor force, labor, household survey, rate, and USA.

In 2023, the median age of the population of the United States was 39.2 years. While this may seem quite young, the median age in 1960 was even younger, at 29.5 years. The aging population in the United States means that society is going to have to find a way to adapt to the larger numbers of older people. Everything from Social Security to employment to the age of retirement will have to change if the population is expected to age more while having fewer children. The world is getting older It’s not only the United States that is facing this particular demographic dilemma. In 1950, the global median age was 23.6 years. This number is projected to increase to 41.9 years by the year 2100. This means that not only the U.S., but the rest of the world will also have to find ways to adapt to the aging population.

Graph and download economic data for Not in Labor Force - With No Disability, 65 Years and over (LNU05075379) from Jun 2008 to Jun 2025 about 65 years +, disability, labor force, labor, household survey, and USA.

In 2022, the state with the highest median age of its population was Maine at 45.1 years. Utah had the lowest median age at 32.1 years. View the distribution of the U.S. population by ethnicity here.

Additional information on the aging population in the United States

High birth rates during the so-called baby boom years that followed World War II followed by lower fertility and morality rates have left the United States with a serious challenge in the 21st Century. However, the issue of an aging population is certainly not an issue unique to the United States. The age distribution of the global population shows that other parts of the world face a similar issue.

Within the United States, the uneven distribution of populations aged 65 years and over among states offers both major challenges and potential solutions. On the one hand, federal action over the issue may be contentious as other states are set to harbor the costs of elderly care in states such as California and Florida. That said, domestic migration from comparably younger states may help to fill gaps in the workforce left by retirees in others.

Nonetheless, aging population issues are set to gain further prominence in the political and economic decisions made by policymakers regardless of the eventual distribution of America’s elderly. Analysis of the financial concerns of Americans by age shows many young people still decades from retirement hold strong concern over their eventual financial position.

In 2021, about **** million people aged 65 years or older were living in California -- the most out of any state. In that same year, Florida, Texas, New York, and Pennsylvania rounded out the top five states with the most people aged 65 and over living there.

The life expectancy for men aged 65 years in the U.S. has gradually increased since the 1960s. Now men in the United States aged 65 can expect to live 17 more years on average. Women aged 65 years can expect to live around 19.7 more years on average.

Life expectancy in the U.S.

As of 2021, the average life expectancy at birth in the United States was 76.33 years. Life expectancy in the U.S. had steadily increased for many years but has recently dropped slightly. Women consistently have a higher life expectancy than men but have also seen a slight decrease. As of 2019, a woman in the U.S. could be expected to live up to 79.3 years.

Leading causes of death

The leading causes of death in the United States include heart disease, cancer, unintentional injuries, chronic lower respiratory diseases and cerebrovascular diseases. However, heart disease and cancer account for around 38 percent of all deaths. Although heart disease and cancer are the leading causes of death for both men and women, there are slight variations in the leading causes of death. For example, unintentional injury and suicide account for a larger portion of deaths among men than they do among women.

In 2023, there were ********* adults aged 65 and older living in California, the most out of all U.S. states, followed by Florida with over *** million adults aged 65 and older. Both California and Florida have some of the highest resident population figures in the United States.

In 2024, Millennials were the largest generation group in the United States, making up about 21.81 percent of the population. However, Generation Z was not far behind, with Gen Z accounting for around 20.81 percent of the population in that year.

In 2023, the real median household income for householders aged 15 to 24 was at 54,930 U.S. dollars. The highest median household income was found amongst those aged between 45 and 54. Household median income for the United States since 1990 can be accessed here.

Between the beginning of January 2020 and June 14, 2023, of the 1,134,641 deaths caused by COVID-19 in the United States, around 307,169 had occurred among those aged 85 years and older. This statistic shows the number of coronavirus disease 2019 (COVID-19) deaths in the U.S. from January 2020 to June 2023, by age.