Driving in Mississippi
It’s raining and I’m sitting in a motel in Brookhaven, Mississippi, waiting for winter storm Remus to move through. Then I’ll continue driving, across the great river and northern Louisiana, then Texas and into southern New Mexico. I’m alone; my wife stayed home. For me, being alone is good. Continue reading
Last time we introduced a Census Bureau report that describes some characteristics of the oldest segment of our population—those 90 years old or older (90+). The group is small, mostly women, and mostly widowed. Still, about three-quarters of them live in households. Less than one quarter are institutionalized.
The median income in the group was $14,760 (2008 dollars)—that’s annual, per person, personal income. For men, it was $20,133, and for women, it was $13,580. Social Security has become nearly universal among this group: 92.3% of them receive it, and it is about 48%, or almost half, of the median personal income. The rest comes from investments, public assistance, other retirement income, or other sources.
During the same time, the median annual per person income in the US was about $27,500. The 90+ group has a per person income of about half the overall population.