Demographic Population in Winston-Salem County
A new study by the North Carolina Center for Public Policy Research finds that North Carolina’s older population is expected to double by 2030, rising from 1.1 million to 2.2 million. By 2030, one of every five Americans will be 65 or older. The Center says these demographic changes will force North Carolina to deal with four public policy issues: differences in financial well-being among the elderly, the different needs of urban and rural seniors, work force shortages in health professions, and state budget implications.
“The Baby Boomers are the second largest generation in American history, and they are going to start turning 65 in 2011,” says Mebane Rash, the editor of the Center’s journal, North Carolina Insight. “In 2011, the state will still be recovering from the Great Recession – just when it needs to respond to this demographic shift. Right now, we are not ready.
North Carolina’s Elderly Population To Double by 2030
In 1900, the United States was an agricultural nation in which half of all Americans were younger than age 22. In 1900, North Carolina had one of the nation’s youngest populations with half younger than 18. Only 3.5 percent of all Tar Heels were 65 and older. Even in 1960, North Carolina was still an extremely young state with just 7 percent of all residents 65 or older. But by 2000, 12 percent of all North Carolinians were 65 or older. And by 2030, the number of elderly will double and rise to 18 percent of the population.
The Center’s study finds that North Carolina’s future older population will differ demographically from the current population in four ways. First, there will be 2.5 times more Tar Heels aged 85 and older. Second, the ratio of older men to older women is expected to rise from 67 men per 100 women to 77 men per 100 women. Third, non-whites are expected to form a larger share of the older population – 21 percent in 2030 compared to 19 percent in 2006. Fourth, for many of North Carolina’s elderly, Social Security will be their only source of income.
The Center said two factors are driving these changes. One is the aging of the 2.4 million Baby Boomers who have lived in North Carolina since 2000. The other factor is North Carolina’s increasing appeal as a migration destination, particularly for older people from other parts of the country.
Below are some links to learn more:
The 3 C’s of In-home Care and Assisted Living
Assisted Living…What You Need to Know
Questions to Ask About Assisted Living
Senior Care Franchise Opportunities