An aging population can also drain the economy if people drop out of the workforce to care for older relatives. Nearly 70% of older adults will need long-term care services, according to Harvard's Joint Center for Housing Studies.
Nationally, the 65-plus population grew 9.4% between 2020 and 2023, per Census data.
Zoom in: Metro Detroit's 65-and-older population grew 8.6% during the same period.
Overall, the area's population dropped 1.1%, the data shows.
What they're saying: "What's particularly remarkable is the near-universal increase in the older population for metro areas across the country," Lauren Bowers, chief of the Census Bureau's Population Estimates Branch, said in the agency's analysis.
🗣️ Tell us: Do you know someone choosing to relocate to Detroit for retirement? Why did they choose to come here?