Priceonomics

This post is adapted from the blog of  MastersofBusinessAnalytics.com, a Priceonomics Data Studio customer. Does your company have interesting data? Become a Priceonomics customer.

***

By now, the data is clear that coronavirus is dangerous for people of all ages, but it’s particularly lethal for older individuals.

In this article, we analyze Census data along with Priceonomics customer MastersofBusinessAnalytics.com to review just how many Americans are over the age of 65 in various places across the country. While this data analysis doesn’t show us how to solve the problem, it can show us just how large the devastation could be.

Across the country, there are over 51 million Americans that are over the age of 65, comprising 16% of the population. Maine and Florida lead the nation with the highest proportion of their population being over the age of 65. Alaska and Utah are the states with the lowest rates of elderly people. Among the largest hundred cities in America, Scottsdale, AZ and Honolulu, HI have the populations with the highest percentage of older Americans.

***

It’s important to note that coronavirus is serious for all individuals, not just the elderly. The disease can be debilitating and sometimes deadly, even if you’re healthy.  Even if you’re “asymptomatic” (meaning you have contracted coronavirus and might not know it because you show no symptoms) you could spread it to someone else who could experience very adverse consequences and possible death.

This is to say, it’s important to show the number of people across America that are above 65 years old because they are the most at risk, but that does not absolve younger people from the risks or responsibilities.

The chart below shows that states that have the highest percentage of their population aged 65 and above:

Chart via MastersofBusinessAnalytics.com

Across the country, Maine and Florida have the highest percentages of their populations that are over the age of 65 and the highest risk group for the virus. Alaska and Utah have the lowest rates of eldery population, with under 12% of their population being under the age of 65 years old.

But just how many older Americans are at risk in each state? While the prior chart looked at the percentage of the population that was over 65, the next chart shows the number of people in each state that are over 65 (in millions).

Chart via MastersofBusinessAnalytics.com

In California there are approximately 5.7 million people over the age of 65, followed by Florida with 4.4 million and Texas with 3.6 million. In New York, the state with currently the most known coronavirus infections, has the fourth highest population of people over the age of 65. All in all, 18 of the 50 states have more than a million people over the age of 65 that would be extremely high risk for complications due to coronavirus.

Next, let’s look at the cities with the highest percentage of inhabitants over the age of 65:

Chart via MastersofBusinessAnalytics.com

Scottsdale, AZ, an attractive retirement destination, has the highest percentage of people over the age of 65 by a significant margin. Scottsdale is followed by Honolulu, HI and Hialeah, FL, two warm locations favored by retirees.  Larger cities like Miami and San Francisco also make the top ten cities with a percentage of older Americans.

On the other hand, Irving, TX has the lowest percentage of people under the age of 65, with just 7.4% of the population being in this high risk group. Santa Ana, CA and Austin, TX round out the bottom three cities with the lowest percentage of people under 65 years of age.

Lastly, let’s look at which cities have the most people over the age of 65 living there:

Chart via MastersofBusinessAnalytics.com

New York City has the most inhabitants over 65+ years old by a huge margin. Almost 1.2 million New Yorkers are over the age of 65, more than twice as many as the second place city, Los Angeles. New York City currently has the highest know number of coronavirus infections in America by a large margin and may soon exceed the total in Wuhan, China.

***

In discussions about how to solve the coronavirus economics crisis, some people have suggested that high risk elderly people just need to avoid the virus or that only a small number of people are really at risk. While this sentiment is misguided on a number of different levels, it overlooks the sheer quantity of Americans that are at risk simply because of their age. In states like Florida and Maine and cities like Scottsdale, it would mean risking the health and lives of an enormous part of the population.

***

Note: If you’re a company that wants to work with Priceonomics to turn your data into great stories, learn more about the Priceonomics Data Studio. 



Woah. We are flattered you shared our blog post!

If you want to be notified when we write a "halfway decent" blog post in the future, leave your email here below.