Did you know Ohioans 50 and older are expected to contribute $828 billion, or almost 43% of the state’s GDP, in 2050?
Ohio’s 50+ population creates outsize economic impact and will drive economic growth for the the next 30 years.
The 50+ population in Ohio is living longer, earning longer, and contributing longer.
- In 2018, 50+ households accounted for 58% of every dollar spent in Ohio; this will grow to 61%.
- In 2030, the 50+ population’s activities will support 3.3 million jobs in Ohio.
- By 2030, Ohio’s 50+ workers are projected to number 2 million, representing 34% of the state’s total labor force.