What Does the Growing Senior Population Mean for New York City?
According to the city’s Department for the Aging, the number of seniors is projected to increase to 1.84 million, by 2030, making it the fastest-growing age group in New York. That means, by 2030, one in every five New Yorkers will be over the age of 65. A recent U.S. Census Bureau report shows that almost 20 percent of elderly New Yorkers currently live below the poverty line.
The senior population demographic is also changing. A 2013 report by the Center for an Urban Future reported 46 percent of New York City’s older population as immigrants. Nearly two-thirds of that group have limited proficiency in English.
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