America’s population is aging due to improvements in medical science and technology. The number of individuals aged 75 and over in James City County is expected to exceed 10,000 by 2020, a 50% increase over 2014. In James City County, 1,907 seniors are cost burdened (spend 30% or more of their income on housing)1.
“...37% of households aged 80 and over have at least moderate [housing-cost] burdens, including 20% with severe burdens”2.
1 United States Census Bureau. American Communities Survey, 2013 5-Year, Table B25093. 2 Joint Center for Housing Studies. (2014). Housing America's Older Adults: Meeting the Needs of an Aging Population: Harvard University.
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