Census Offers Statistics on Older Americans

Evaluation Offers Statistics on Older Americans On July 1, 2004, 12 percent of all Americans were 65 years old and over. By 2050, individuals 65 and over will contain a great 21 percent of the U.S. populace, reports the U.S. Enumeration Bureau. Consistently since May 1963, Older Americans Month has been regarded with a presidential declaration. A year ago, President George W. Bush stated, â€Å"Older Americans help other people to comprehend the past, and they show immortal exercises of fearlessness, continuance and love. Through their heritage of enthusiasm, administration, and obligation, Americas seniors likewise join families and networks and fill in as good examples for more youthful generations.† In recognition of Older Americans Month 2005, the U.S. Evaluation Bureau has assembled some noteworthy insights about Americas maturing populace. Populace 36.3 million The quantity of individuals 65 and over in the U.S. on July 1, 2004. This age bunch represents 12 percent of the all out U.S. populace. Somewhere in the range of 2003 and 2004, 351,000 individuals moved into this age group.86.7 million Projected number of individuals 65 and over in the year 2050. Individuals in this age gathering would include 21 percent of Americas complete populace at that time.147% Projected rate increment in the 65-and-over populace somewhere in the range of 2000 and 2050. By correlation, the populace all in all would have expanded by just 49 percent over a similar period. Occupations 4.6 million Number of individuals over the age of 65 who are as yet utilized. This adds up to 13 percent surprisingly in this age gathering. Training 77%-Proportion of individuals ages 65 to 69 who moved on from secondary school. Seventy-three percent of individuals ages 70 to 74 and 68 percent of those 75 and over are likewise secondary school graduates.20% Percentage of the populace ages 65 to 69 who have a lone rangers degree or advanced education. Among individuals ages 70 to 74, 19 percent have accomplished this degree of training; for those 75 and more than, 15 percent are school graduates.73,000 Number of individuals 65 and over selected school in October 2002.The Census Bureau has likewise announced that a higher education enormously builds a people lifetime profit, with people holding experts degrees normally winning $1.3 million over their lifetimes than those with secondary school confirmations as it were. On a yearly premise, a professional education commonly at any rate pairs a people normal yearly earnings.â Pay and Wealth $108,885 Median total assets in 2000 of family units with householders 65 and over. Conversely, householders younger than 35 had a middle family unit total assets of $7,240.$23,787 Median 2003 salary of families with householders 65 and over, measurably unaltered, in genuine terms, from the past year.10.2% Poverty rate for individuals 65 and over in 2003. Casting a ballot Patterns 65% Percentage of enrolled voters ages 65 to 74 who casted a ballot in the 2002 Congressional political race. Seventy-two percent of individuals ages 65 to 74 casted a ballot in the 2000 presidential political race. This age bunch had the most elevated pace of voter cooperation in both the 2000 and 2002 decisions. Administration to Our Nation 9.7 million Estimated number of individuals over the age of 65 who are military veterans. [Source: U.S. Statistics Bureau]