Aging By the Numbers

Aging By the Numbers

In less than 20 years, older adults are projected to outnumber children for the first time in U.S. history — something the United States Census is calling “the graying of America.”

As the Baby Boomer generation reaches their 60s and 70s, life expectancy increases, and people have a stronger desire to live at home, the in-home care industry has never been stronger. And, according to future trends and predictions, the demand for elder care and home care is only going to grow.

Aging in the United States

Keeping an eye on changing demographics is so important because an aging population means an increasing need for healthcare and long-term care. If you’re interested in joining our in-home care franchise, take a look at where the industry is heading.

Fast Facts

  • The number of Americans ages 65 and older is expected to double from 52 million in 2018 to 95 million by 2060.
  • The number of Americans 65 and older will rise from 16 percent of the total population to 23 percent.
  • Average life expectancy in America has increased from 68 years in 1950 to roughly 79 years in 2017.
  • Roughly 26 percent of women ages 65 to 74 lived alone in 2018. For women ages 75 to 84, the percentage increases to 39. This increase over the years is largely due to women’s longer life expectancy and higher rates of divorce.
  • As the Baby Boomer generation ages, it could mean a 50 percent increase in the number of Americans ages 65 and older requiring care.
  • A rise in the number of Americans living with Alzheimer’s disease is expected to double to 13.8 million by 2050. This will drastically increase the demand for specialty elder care.
  • Nine out of 10 Americans over the age of 65 would choose to stay at home as long as possible.

If you’re someone who’s looking to make a positive difference in the lives of senior citizens, become a part of our successful franchise!

Make someone’s life easier while delivering an exceptional experience by reaching out to our team at (844) 899-8801 or contacting us online.