America Counts: Stories Behind the Numbers

A home health care aide assists an elderly African American man walking down steps.

Revenues for Home Care, Elderly Services Increase as Nation Ages

The nation?s 73 million baby boomer population is aging, helping boost revenues of select industries designed to help them navigate their later years.

The U.S. Census Bureau projects that in 2050, the U.S. population ages 65 and over will be 83.9 million, nearly double what it was (43.1 million) in 2012. Baby boomers, who began turning 65 in 2011, are largely responsible for the nation?s swelling older population.

The Service Annual Survey (SAS) provides data across select service industries that serve the nation?s elderly ? and experienced an increase in revenues from 2013 to 2020.

The 2020 SAS shows estimated revenues for employer firms across this series of select Health Care and Social Assistance services for seniors rose from 2013 to 2020.

Continue reading?to learn more about:

How revenues have risen
Measuring growth of select health care services

Help us spread the word about America Counts.?

Share this story on social media or forward it to a friend.

You May Be Interested In

What Happens When Older Adults Struggle to Make Ends Meet? The packages of needs-based assistance that some older adults rely on may indicate difficulty affording health care, food, shelter, and other necessities.

Learn More

About America Counts

America Counts tells the stories?behind the numbers in a new inviting way. It features stories on various topics such as families, housing, employment, business, education, economy, emergency management, health, population,?income and poverty.?Contact our?Public Information Office?for media inquiries or interviews.

Don't miss an America Counts story! Subscribe here.