Florida Real Estate News for Palm Coast and Flagler County Florida
Facebook | Twitter | LinkedIn | Contact      
Menu

By 2030, All Baby Boomers Will Be Older Than 65

Demographic Turning Points for the U.S.: Population Projections for 2020 to 2060. The U.S. population is projected to grow slowly, age considerably, and become more racially and ethnically diverse.

By Toby Tobin

PALM COAST, FL — March 13, 2018 — The year 2030 marks a demographic turning point for the United States. Beginning that year, all baby boomers will be older than 65. This will expand the size of the older population so that one in every five Americans is pro­jected to be retirement age. Later that decade, by 2035, we project that older adults will outnumber chil­dren for the first time in U.S. history. The year 2030 marks another demo­graphic first for the United States. That year, because of population aging, immigration is projected to overtake natural increase (the excess of births over deaths) as the primary driver of population growth for the country.
 

Older population outnumbering kids 3-13-18


Beyond 2030, the U.S. population is projected to grow slowly, to age considerably, and to become more racially and ethnically diverse. Despite slowing popula­tion growth, particularly after 2030, the U.S. population is still expected to grow by 78 million people by 2060, crossing the 400-million threshold in 2058.

This report discusses projected changes in the U.S. population and sum­marizes results from the U.S. Census Bureau’s 2017 National Population Projections. It focuses on 2030 as a demographic turning point for the United States but explores broader changes in the age, race, and ethnic composition of the population from 2020 to 2060.

FULL REPORT (pdf)

reader comments

 
add a comment
All fields are required.
Name:
Email: (not displayed)
Address: (not displayed)
Phone: (not displayed)
Comment Title:
Comments:
Security Word:
Not readable? Change text.

Please Note:
Comments are screened for appropriateness, delaying posting of your comment.
Comments containing hyperlinks are blocked.

   

 
Don "Toby" Tobin is a licensed real estate professional affiliated with Grand Living Realty. Toby is a member of the Flagler County Association of Realtors®, the Florida Association of Realtors, Enterprise Flagler, Flagler Home Builders Association, and the National Association of Realtors.

GoToby.com proivdes real estate news, commentary, and analysis for Palm Coast and Flagler Country Florida, as well as Realtor® referrals and consultation to buyers, sellers, and developers.