15 Cities With the Oldest Populations

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This story originally appeared on Filterbuy.

One of the most impactful demographic trends across the United States in the coming decades will be the growth in the population aged 65 and older.

Much of the country is graying as more baby boomers, who were until 2019 the U.S.’s largest generational cohort, reach retirement age. The boomers — more than 73 million Americans born between 1946 and 1964 — began hitting retirement age more than a decade ago and will continue to age into the 65-and-up bracket until the end of the 2020s.

Thanks to advances in health care and medicine, these older Americans are projected to live longer on average than their predecessors. According to the U.S. Census Bureau, by 2030 those aged 65 and older will constitute more than 20 percent of the U.S. population, and they are projected to remain between one-fifth and one-quarter of the U.S. population through at least 2060.

The U.S. is already seeing signs of these effects. A wave of retirements will leave labor shortages in some industries, while many of the occupations with the greatest growth potential are in health and social services, driven by the elderly’s greater need for care.

Experts believe that GDP growth is likely to slow as a result of lost productivity and increasing costs of care. Government social insurance programs like Medicare and Social Security have seen their expenditures balloon as more retirees shift from paying into the system to receiving benefits from it. Nationally, within states, and at the community level, the U.S. will continue to experience the socioeconomic implications of an increasingly older population.

To find the cities where these trends will be most apparent, researchers at Filterbuy used 2019 Census data to identify which metro areas have the largest share of residents over 65. The researchers also found the city-level old-age dependency ratios as well as the percentage of the senior population with a disability to understand where the burdens of care might be even higher.

Here are the large cities (those with 350,000 residents or more) with the largest percentage of the population 65 and older.

15. Wichita, KS

Wichita, Kansas
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Percentage of population 65 and older: 14.4%

Total population 65 and older: 55,352

Percentage of population 65 and older with a disability: 37.7%

Old-age dependency ratio: 24.0%

14. Jacksonville, FL

Jacksonville, Florida
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Percentage of population 65 and older: 14.4%

Total population 65 and older: 127,758

Percentage of population 65 and older with a disability: 35.9%

Old-age dependency ratio: 22.8%

13. Baltimore, MD

Baltimore
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Percentage of population 65 and older: 14.4%

Total population 65 and older: 84,165

Percentage of population 65 and older with a disability: 38.5%

Old-age dependency ratio: 22.3%

12. Tulsa, OK

Tulsa Oklahoma
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Percentage of population 65 and older: 14.7%

Total population 65 and older: 58,686

Percentage of population 65 and older with a disability: 33.4%

Old-age dependency ratio: 24.8%

11. Las Vegas, NV

Las Vegas neighborhood with desert hills beyond.
Christopher Boswell / Shutterstock.com

Percentage of population 65 and older: 14.8%

Total population 65 and older: 95,394

Percentage of population 65 and older with a disability: 34.9%

Old-age dependency ratio: 24.4%

10. New York, NY

New York City coastline
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Percentage of population 65 and older: 15.0%

Total population 65 and older: 1,242,566

Percentage of population 65 and older with a disability: 34.6%

Old-age dependency ratio: 24.0%

9. Colorado Springs, CO

Colorado Springs, Colorado
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Percentage of population 65 and older: 15.1%

Total population 65 and older: 70,512

Percentage of population 65 and older with a disability: 31.3%

Old-age dependency ratio: 23.6%

8. New Orleans, LA

New Orleans, Louisiana at night
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Percentage of population 65 and older: 15.3%

Total population 65 and older: 59,203

Percentage of population 65 and older with a disability: 35.9%

Old-age dependency ratio: 24.0%

7. Virginia Beach, VA

Ritu Manoj Jethani / Shutterstock.com

Percentage of population 65 and older: 15.4%

Total population 65 and older: 65,405

Percentage of population 65 and older with a disability: 31.2%

Old-age dependency ratio: 23.3%

6. Tucson, AZ

Tucson
Chris Rubino / Shutterstock.com

Percentage of population 65 and older: 15.5%

Total population 65 and older: 82,197

Percentage of population 65 and older with a disability: 38.8%

Old-age dependency ratio: 23.7%

5. Louisville, KY

Louisville, Kentucky
f11photo / Shutterstock.com

Percentage of population 65 and older: 15.6%

Total population 65 and older: 95,530

Percentage of population 65 and older with a disability: 34.8%

Old-age dependency ratio: 25.5%

4. San Francisco, CA

San Francisco, California
IM_photo / Shutterstock.com

Percentage of population 65 and older: 15.9%

Total population 65 and older: 139,273

Percentage of population 65 and older with a disability: 34.2%

Old-age dependency ratio: 22.7%

3. Albuquerque, NM

Albuquerque, New Mexico
BrigitteT / Shutterstock.com

Percentage of population 65 and older: 16.2%

Total population 65 and older: 90,429

Percentage of population 65 and older with a disability: 33.4%

Old-age dependency ratio: 26.5%

2. Mesa, AZ

Mesa, Arizona
Tim Roberts Photography / Shutterstock.com

Percentage of population 65 and older: 16.5%

Total population 65 and older: 85,337

Percentage of population 65 and older with a disability: 31.9%

Old-age dependency ratio: 28.5%

1. Miami, FL

Miami
Kamira / Shutterstock.com

Percentage of population 65 and older: 17.5%

Total population 65 and older: 81,251

Percentage of population 65 and older with a disability: 34.6%

Old-age dependency ratio: 27.1%

Methodology & Detailed Findings

Working on computer data analysis on a laptop
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Researchers used the most recent population data from the U.S. Census Bureau’s 2019 American Community Survey 1-Year Estimates. Cities were ranked according to the percentage of the population 65 and older. Researchers also calculated the total population 65 and older, the percentage of the population 65 and older with a disability, and the old-age dependency ratio for each city.

For relevance, only cities with at least 100,000 residents were included in the report, which grouped them into cohorts of small, midsize, and large metros.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

Source: moneytalksnews.com

$16.9M French Provincial Mansion Near NOLA Is Louisiana’s Most Expensive Home

Now on the market for $16,895,000, a mansion built to the most exacting specifications has achieved the distinction of being Louisiana’s most expensive home.

Owned by Shane Guidry, CEO of Harvey Gulf International Marine, and his wife, Holly, the house on Northline Street in Metairie, LA, just outside New Orleans, is a 15,230-square-foot French Provincial masterpiece.

“It took him three years to design and build this, and they used the most high-end products in this house that you may ever come across,” says the listing manager, Peggy Bruce, who is working with the listing agent, Shaun McCarthy.

“It’s an outstanding home. When you think of luxury, this is what that entails,” she says.

For starters, to make sure there was enough marble for the ground floor and that all the marble matched, the Guidrys bought the entire quarry in Italy.

“It’s 24-by-24 marble flooring that is just luxurious. The veins are just beautiful, and it all just kind of flows together, because it all came from one quarry,” says Bruce.

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Quite apart from its ultra-sleek appearance, the marble flooring is heated in the first floor master bedroom and bathroom.

“In the master bathroom, it’s a walk-in shower, and there’s a clawfoot soaking tub in the front of the shower,” Bruce says. “The walk-in has two entrances and four shower-heads. It’s got hand-carved mosaic tile in the shower.”

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In the master closet and elsewhere in the home, the cabinet hardware is solid silver.

“It’s tremendous. Everything was hand-milled and hand-carved—custom-done,” she says.

The enormous kitchen offers an array of custom cabinetry, a chandelier, and a large island with plenty of room for seating.

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The mansion in the town’s Metairie Club Gardens neighborhood has a total of six bedrooms, seven bathrooms, and four half-bathrooms, all with tall ceilings. In the entry, the ceilings are 24 feet high.

“It’s dramatic,” Bruce says, adding that the owners purchased many antique fixtures in Europe and brought them back, rewired them, and included them in their design.

“You go into a lot of homes that look like this on the outside, and you expect the inside to be a little gaudy,” she says. “This is so tastefully done. It is beautifully appointed. Everything just flows perfectly.”

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Many of the home’s features are connected to automated technology, and can be controlled via a mobile device or remote, including the home theater.

Bruce explains that it has leather seats for 15 people and includes a digital ceiling that can be set either to clouds, or to the night sky, with twinkling stars.

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There’s also a full spa with a massage room, wet and dry saunas, and hair and nail stations.

Canine friends can enjoy an indoor dog home and washing station.

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Outside, there’s a large outdoor kitchen, along with a petite pool.

“It’s a cocktail pool”—a small pool with steps, Bruce explains. “It’s not very deep at all. It’s really for just lounging and sipping cocktails or just kind of cooling off if it’s a hot summer night or summer day.”

In addition to the three-car garage, there’s room to park a variety of vehicles on the half-acre property.

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The owners purchased the land in 2011 for $1.2 million, and Bruce says they poured at least $15 million into building this dream home. But times change, and the family is moving out of town to pursue other interests.

“I think the perfect buyer for this home is someone that values being in the New Orleans area and understands what went into this house—because it is a hefty price,” Bruce says.

The pool of buyers looking for this type of home in the New Orleans area is not large, and Bruce says the future owner might be someone from out of town.

“Beyoncé put a play on this house a few years back, and the owner wasn’t interested in selling at that time,” she says. “We have tried to reach out to Beyoncé using some connections we have, but haven’t received a response yet.”

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  • For more photos and details, check out the full listing.
  • Homes for sale in Metairie, LA
  • Learn more about Metairie, LA

Source: realtor.com