Oldest Baby Boomers Turn 60!
The baby boomers, the generation born between 1946 and 1964, have turned
60 years old. Among the Americans celebrating their 60th are our two most
recent presidents, George W. Bush and Bill Clinton. Other well known celebrities
reaching this milestone include Cher, Donald Trump, Sylvester Stallone
and Dolly Parton. To commemorate this occasion, the Census Bureau has
compiled a collection of facts relating to, perhaps, our
most celebrated generation.
78.2 million - Estimated number of baby boomers, as of July 1, 2005. (www.census.gov/popest/national)
7,918 - Number of people turning 60 each day in 2006,
according to
projections. That amounts to 330 every hour. (www.census.gov/ipc/www/
usinterimproj)
James & Mary - The most popular baby names for boys and girls, respectively, in 1946. Today, the names Jacob and Emily lead the list; James ranks 17th among boys and Mary is 63rd among girls. (Source: Social Security Administration, at www.ssa.gov/OACT/babynames/ index.html)
50.8% - Percentage of women baby boomers in 2005. (www.census.gov/popest/national)
9.1 million - Estimated number of baby boomers in 2004
who were black. Also, 8.0 million boomers were Hispanic (of any race).
(www.census.gov/ popest/national)
Then and Now
141 million - Estimated U.S. population in 1946. Today,
the nation’s population stands at about 298 million. (www.census.gov/popest/archives/
1990s/popclockest.txt and www.census.gov/)
33% and 5% - The proportions of adults age 25 and older with at least a high school diploma and at least a bachelor’s degree, respectively, in 1947. By 2004, the respective proportions had risen to 85 percent and 28 percent. (www.census.gov/population/www/socdemo/educ-attn.htm)
The Future
$2,695 - Average annual expenditures on health care in
2004 for people ages 45 to 54 — the age group that is the heart
of the baby boom generation.When budgeting medical expenses, baby boomers
should expect increased health-care spending as they age; for instance,
those age 55 to 64 spent $3,262 and those 65 and over, $3,899. (Source:
Bureau of Labor Statistics at www.bls.gov/cex/2004/Standard/age.pdf)
57.8 million - Number of baby boomers living in 2030, according to projections; 54.9 percent would be female. That year, boomers would be between ages 66 and 84. (www.census.gov/ipc/www/usinterimproj)
2.1 - The number of workers for each Social Security beneficiary in 2031, when all baby boomers will be over age 65. Currently, there are 3.3 workers for each Social Security beneficiary. (Source: Social Security Administration, at http://www.ssa.gov/pressoffice/basicfact.htm)
4,041 - Number of continuing care retirement facilities in 2003. Many boomers could have parents in need of such facilities or may have to move into such a facility themselves in the future. (www.census.gov/ prod/www/abs/cbptotal.html)
Staying Young and Fit
27,813 - Number of fitness and recreation
centers nationwide in 2003. These are good places to visit on a regular
basis for boomers who are trying to become or stay physically fit. (www.census.gov/prod/www/abs/
cbptotal.html)
11,938 - Number of cosmetics, beauty supply and perfume stores in 2003. These stores carry numerous antiaging skin care products aimed at people in this age group. (www.census.gov/prod/www/abs/cbptotal.html)
“Special Editions” of the U.S. Census Bureau’s Facts for Features are issued to provide background information for less known observances, anniversaries of historic events and other timely topics in the news.