Oldest population in U.S. boomed last decade, as median age nears 39

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Oldest population in U.S. boomed last decade, as median age nears 39
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Between 2010 and 2020, newly released census data shows, the share of people 65 and older increased by 38.6 percent, rising from 40.3 million to 55.8 million.

Between 2010 and 2020, the population of people 65 and older rose 38.6 percent, from 40.3 million people in 2010 to 55.8 million in 2020, according to newly released 2020 Census data that provides more details on the population, by age, sex, race, ethnicity, families and households, and housing occupancy. The country’s median ageBaby boomers, born between 1946 and 1964, began to turn 65 in 2011.

The old-age ratio is of the biggest concern, said William Frey, a senior demographer at the Brookings Institution. “It essentially tells how much the retirement-age population is dependent on the working-age population, and it continues to rise rapidly due to the aging of the baby boom,” he said. “While the current level has now risen to near 30, we could be headed toward the mid-30s, which would mean more than a third of seniors would be dependent on a slower-growing working-age population. U.S. projections suggest this could rise higher, especially in the absence of healthy immigration.

The country also became more diverse overall, with the under-18 group going from 53.5 percent to 47.3 percent non-Hispanic Whites between 2010 and 2020. The White share also declined in the 65-and-over population, from 80 percent to 74.8 percent, according to an analysis of the data conducted by Frey.

But in D.C., the White population for both age groups rose over the decade, going from 30.7 percent to 33.6 percent of the 65-and-older population and from 17.4 percent to 23.6 percent for the under-18 group. Both age groups also saw a decline in Black population share in D.C., from 61.7 percent to 55.2 percent for those 65 and older and from 65.3 percent to 51.2 percent for those under 18.

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