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New Yorks Asian Elderly Population is Booming

Sing Tao Daily, Posted: Sep 22, 2008

NEW YORK A research report released by the City of New York last week found that by the year 2030 the elder population (over 65 years old) will increase by 45 percent, further straining the city's social service system. The Sing Tao Daily reports that in 2005, there were 1.3 million people over 60 years old. That number will increase to 1.8 million by 2030. The Asian American elder population is growing faster than that of any other ethnic group. Last year, more than 92,000 Asian American elders were living in New York. By 2020, that number will grow to 194,478 a growth rate of more than 100 percent. The elder population is projected to increase by 51 percent for Latinos, 49 percent for North American Indians, and 31 percent for African Americans. It is expected to decrease by 8 percent for Caucasians.

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