2026 E-Insights Report

Poverty Rate Among Older Adults (Ages 60 and Over)

  • Tampa Bay’s older adult poverty rate has steadily improved over the decade, falling from about 14.0% in 2013 to 10.5% in 2024. Much of this progress occurs after 2017, reflecting stronger retirement security, rising household incomes, and a gradually improving economic environment for older residents.
  • Houston, Miami, and San Antonio report the highest older adult poverty levels in 2024, with rates of 11.8%, 11.7%, and 11.5%, respectively. These metros tend to experience higher living costs, larger low-income retiree populations, and greater exposure to economic pressures that disproportionately affect fixed-income households.
  • Denver, Minneapolis, Seattle, and Dallas consistently remain at the lower end of older adult poverty, recording 7.5%, 7.8%, 8.1%, and 8.2% in 2024. These regions generally benefit from stronger local economies, higher retirement savings, and broader access to supportive services that help reduce economic vulnerability among older adults.
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About: This indicator measures the percentage of adults age 60 and older whose household incomes fall below the federal poverty line. Elevated older-adult poverty rates may indicate limited retirement savings, high medical or housing costs, gaps in social support systems, and greater financial vulnerability among residents living on fixed or declining incomes. Sources: U.S. Census Bureau, American Community Survey (ACS) 1-Year Estimates, Table B17020: Poverty Status in the Past 12 Months by Age, 2013–2024.