Silver Book Fact

The median income of older Americans in 2016 was $31,618 for men and $18,380 for women.

The median income of older Americans in 2016 was $31,618 for men and $18,380 for women.

Administration on Aging. A Profile of Older Americans: 2018; 2018. https://www.acl.gov/sites/default/files/Aging%20and%20Disability%20in%20America/2017OlderAmericansProfile.pdf. Accessed May 8, 2018

Reference

Title
A Profile of Older Americans: 2018
Publication Date
2018
Authors
Administration on Aging
URL
Read Full Resource

Categories

  • Today's Older Population

Related Facts

  • Older adults as percentage of U.S. labor force
    In 2014, older adults represented 5% of America’s labor force.  
  • Increase in ethnic/minority populations in older adults, 2003 to 2013
    The percentage of older adults of racial and ethnic populations has increased by 3.7 percent between 2003 and 2013.  
  • Office visits with doctors among older population
    In 2007, older Americans averaged 7.1 office visits with doctors–compared to 3.7 for Americans ages 45-65.  
  • 65 year old adults in 2013
    In 2013, 3.4 million Americans turned 65.  
  • The major sources of income in older Americans in 2015 were Social Security (84 percent), income from assets (63 percent
    The major sources of income in older Americans in 2015 were Social Security (84 percent), income from assets (63 percent), earnings (29 percent), private pensions (37 percent), and government employee…