According to a recent article in the New York Post, the average age of New York state residents is rapidly increasing, with an estimated 5.2 million people in the state expected to be 60 years or older by the year 2030, and 1.81 million of them being over 75 years old, which ranks New York as having the fourth oldest population in the nation. According to the article:
“The problem isn’t where did the old people come from. It’s where did the young people go. The upstate and suburban economies are failing to retain young people and attract new people,” said E.J. McMahon, of the Empire Center for Public Policy.
“There are some upstate counties where more people are dying than being born,” he said. “What you’re left with is a stagnant population, and the baby-boom generation getting old.”
What this all means is that New York has an ever growing population of the elderly that will require eldercare, assisted living, home health aids and related nursing care.