Tuesday, November 4, 2014

Home of the Gray? America's Fastest-Aging Cities

Since 2000, the senior population has increased 29% compared to overall population growth of 12%. The percentage of Americans in the senior set has risen from 12.4% to 14.1%, and their share of the population is projected to climb to 19.3% by 2030, reports Joel Kotkin at Forbes.

The highest overall concentrations of seniors are: in Florida, and in the slow-growing Northeast and Midwest, writes Kotjin. Among the 52 biggest metropolitan areas, Tampa-St. Petersburg has the highest share of seniors in its population at 18.2%. The retirement mecca of Miami, where 16.7% of its population is over 65, ranks third in the nation, and Jacksonville is 18th, at 13.7%.

Outside of Florida almost all the retirement capitals are in the Northeast and Midwest. The second most senior region, for example, is Pittsburgh, where 18.0% of the population is over 65. The old Steel City is followed by a host of Rust Belt metro areas: Cleveland, Rochester, Providence, Hartford, St. Louis and Detroit, all of which have a senior set that makes up 14% or more of the overall population.

Austin, Texas, has the smallest proportion of seniors, at 9.2%, but its senior share is rising. Salt Lake City, Houston and Dallas-Fort Worth are also below 10%, while Raleigh has the fifth-lowest proportion of seniors, at 10.2%.

According to Forbes here are the cities with the fastest growing senior population

No. 1: Atlanta, GA
Percentage Of Seniors In Population, 2000: 7.7%
Percentage Of Seniors In Population, 2013: 10.13%
Population Over 65, 2013: 572,534
Pct. Increase, 2000-13: 73.5%



No. 2: Raleigh, NC
Percentage Of Seniors In Population, 2000: 8.0%
Percentage Of Seniors In Population, 2013: 10.2%
Population Over 65, 2013: 124,285
Pct. Increase, 2000-13: 96.0%

No. 3: Austin, TX
Percentage Of Seniors In Population, 2000: 7.2%
Percentage Of Seniors In Population, 2013: 9.2%
Population Over 65, 2013: 172,476
Pct. Increase, 2000-13: 91.7%

No. 4: San Jose, CA
Percentage Of Seniors In Population, 2000: 9.4%
Percentage Of Seniors In Population, 2013: 11.9%
Population Over 65, 2013: 229,062
Pct. Increase, 2000-13: 40.1%

No. 5: Denver, CO
Percentage Of Seniors In Population, 2000: 9.0%
Percentage Of Seniors In Population, 2013: 11.3%
Population Over 65, 2013: 304,698
Pct. Increase, 2000-13: 57.1%

No. 6: Dallas-Fort Worth, TX
Percentage Of Seniors In Population, 2000: 7.9%
Percentage Of Seniors In Population, 2013: 9.9%
Population Over 65, 2013: 676,537
Pct. Increase, 2000-13: 64.4%

No. 7: Jacksonville, FL
Percentage Of Seniors In Population, 2000: 11.0%
Percentage Of Seniors In Population, 2013: 13.7%
Population Over 65, 2013: 191,000
Pct. Increase, 2000-13: 54.2%

No. 8: Houston, TX
Percentage Of Seniors In Population, 2000: 7.7%
Percentage Of Seniors In Population, 2013: 9.5%
Population Over 65, 2013: 601,800
Pct. Increase, 2000-13: 66.9%

No. 9: Los Angeles, CA
Percentage Of Seniors In Population, 2000: 9.8%
Percentage Of Seniors In Population, 2013: 12.1%
Population Over 65, 2013: 1,584,236
Pct. Increase, 2000-13: 31.4%

No. 10: Portland
Percentage Of Seniors In Population, 2000: 10.4%
Percentage Of Seniors In Population, 2013: 12.8%
Population Over 65, 2013: 296,365
Pct. Increase, 2000-13: 48.3%

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