Agenda - 09-20-2022; 7-a - 2022-27 Orange County Master Aging Plan Presentation

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19 Demographics Older Adults in the US and NC Growth and Longevity With the most recent data from 2019 the U.S. Orange County can expect its older adult population age 65 and older is 54.1 million, population to mirror similar growth patterns to representing 16%of the population or more than those of the state and country in coming years. In one in every seven Americans. The number of 2020, 21%of the population was 60+and by 2040 older Americans has increased by 14.4 million (or it will be 26%. This represents a 47.8%change in 36%) since 2009,compared to an increase of 3% just 20 years;whereas,children aged 0-17 years for the under-65 population. By 2030,the number are 17%of the population in 2020 and in 2040 will is expected to become 1 in 5 and for the first time decline to 15%of the population which represents in history older adults will outnumber children. a 4.5% change.3 The older adult population is going to continue From 2010-2018 Orange County grew by 12,325 to grow as more than 41%of the"baby boomer" residents,while its 65+age group grew by 7,575 generation is now age 65 and older. By 2060 the residents (primarily from aging as well as some in- number of adults in the US age 65+ is expected to migration).This means 61.5%of Orange County's double reaching an estimated 98 million. growth was from the population 65+.Among This national growth of the older adult population peer counties,Orange County is second only to is true also for North Carolina. Chatham County in the share of county growth North Carolinians 60+accounted for 23%of the driven by its 65+age group (64.5%).The share of population in 2020, but are expected to makeup growth in this age group is substantially higher 4 27%of the population by the year 2040. (Footnote than the state (53.7%) NC Aging and Adult Services 2022 Aging Profile) Life expectancy at birth for Orange County North Carolina ranks 8th nationally in the number residents was 82.1 years in 2018, up from 80.8 of people age 65+. In the next two decades,the years in 2015.3 Life expectancy at birth is higher 65 and older population will increase from 1.7 for women than men,and for Whites when to 2.7 million,a projected growth of 52%. The compared to African Americans in Orange County.3 projected growth among the age groups 65-74 With the continued rise in the 60+ population (25%), 75-84%and 85+ (116%) indicates that as it reflects the crucial importance of considering the baby boomers continue to age,there will be Orange County's older adult community when an increased proportion of older adults in the state allocating county and town resources in order to creating challenges for long-term services and support them,as well as their care partners and supports.2 Knowing this, our communities must pp families. answer the need to serve a growing older adult population with relevant services. Demographic Patterns North Carolina should expect stark increases in Orange County's older adult population of 65+ demands for services targeted toward our aging is 83%white, 111%African American, 3.3%Asian, population as well as changes in the types of and 2.2% Hispanic or Latino.2 Since 1990 all services that are demanded.Additionally, North racial/ethnic groups,specifically Hispanic and Carolina's entire population can expect to benefit Asian groups have grown faster than others and from the contributions of an aging workforce,so this can be seen by persons being served by the long as space is created for those contributions to Orange County Department on Aging. In general be made. 16 Orange County Master Aging Plan