A Statistical Profile of Asian Older Americans Aged 65
and Older
Introduction
Almost 37.9 million Americans were aged 65 and over in 2007. Three
in five people in this age group are women.
Over the next forty years, the
number of people aged 65 and older is expected to double and the number of
people aged 85 and older is expected to triple. Along with general trends for America’s population, the Asian, Hawaiian, and Pacific Island population is living longer.
The
Older Asian, Hawaiian, and Pacific island Population: Past, Present, and Future
The Asian,
Hawaiian and Pacific
Island older population
was 1.3 million in 2007 and is projected to grow to over 6.8 million by 2050.
In 2007, African American persons made up 3.3 percent of the older population.
By 2050, the percentage of the older population that is Asian, Hawaiian and Pacific
Island is projected to account for 7.8
percent of the older population.
Residence
In 2007, 60% of
Asian, Hawaiian and Pacific Island elderly lived in just three states: California (41%), Hawaii
(9.8%), and New York
(9.2%). Other states with significant populations include Texas (4.1%), Illinois
(3.9%), New Jersey (3.5%), and Washington (3.3%).
Educational
Level
The past four
decades have seen a significant increase in educational attainment among older
Americans, including Asian older Americans. In 2007 over 70% of the older
Asian population aged 65 and older had finished high school. Also in
2007, almost 30% of Asian older persons had a bachelor’s degree or higher.
The percent of
high school graduates among older Asians is almost as high as the percent of
all older persons were high school graduates (75%). However, the percent
of older Asians in 2007 who had a bachelor’s
degree or higher (31%) was over 50% higher than for the overall older
population. Furthermore, the percent of male Asians who had a bachelor’s
degree or higher (42%) is 64% higher than for the overall older population
(26%).
Living
Arrangements
In 2007, 84% of
older Asian men lived with their spouses, 6% lived with other relatives, 2
percent lived with non-relatives, and 8 percent lived alone. For older Asian
women, 47% lived with their spouses, 30 percent lived with other relatives, 3
percent lived with non-relatives, and 20 percent lived alone.
Income
and Poverty
Households containing families headed by Asian persons aged 65+ reported a median income in 2006 of $43,035. The comparable figure for all older households was $39,649. The median personal income for Asian men was $18,460 and $11,226 for Asian women. The comparable figures for all elderly were $23,500 for men and $13,603 for women.
The poverty rate
in 2006 for Asian elderly (65 and older) was 12.0% while the rate for all
elderly was 9.4%. The rate for Asian men was 12.2% and the rate for Asian
women was 11.8%. For the overall population, the poverty rate among the
elderly was 6.65 for men and 11.5% for women.