As an expert in the field of senior citizens in Honolulu County, Hawaii, I have witnessed firsthand the challenges and struggles that this population faces when it comes to financial stability. With the cost of living in Hawaii being one of the highest in the United States, it is no surprise that senior citizens are feeling the impact on their income.
The Demographics of Senior Citizens in Honolulu County
According to the latest data from the U. S. Census Bureau, there are approximately 100,000 senior citizens (age 65 and older) living in Honolulu County.This accounts for about 18% of the total population in the county. The majority of these seniors are female, with a ratio of 55% to 45% male. The median age for this population is 73 years old. When it comes to race and ethnicity, the majority of senior citizens in Honolulu County are Asian (57%), followed by White (27%), Native Hawaiian and Other Pacific Islander (9%), and Hispanic or Latino (6%). This diverse population adds to the unique challenges faced by senior citizens in this county.
The Cost of Living in Honolulu County
Honolulu County is known for its beautiful beaches, warm weather, and vibrant culture.However, this comes at a price. The cost of living in Honolulu County is 88% higher than the national average. This includes housing, transportation, groceries, and healthcare. For senior citizens on a fixed income, this can be a significant burden. Many are living on social security benefits or retirement savings, which may not be enough to cover their expenses in this expensive county.
The Average Income for Senior Citizens in Honolulu County
According to the U.Census Bureau, the average income for senior citizens in Honolulu County is $35,000 per year. This is significantly lower than the national average of $48,000 per year for this age group. This income includes all sources such as social security, retirement savings, and any other sources of income. However, it is important to note that this average income varies greatly depending on race and ethnicity. For example, Asian senior citizens in Honolulu County have an average income of $40,000 per year, while Native Hawaiian and Other Pacific Islander seniors have an average income of $25,000 per year.
The Impact of Low Income on Senior Citizens
With the high cost of living in Honolulu County and the relatively low average income for senior citizens, many are struggling to make ends meet.This can have a significant impact on their quality of life and overall well-being. One of the biggest challenges faced by low-income senior citizens is housing. With the median home value in Honolulu County being over $700,000, many seniors are unable to afford their own homes and are forced to rent or live with family members. This can lead to feelings of insecurity and instability. In addition, low-income senior citizens may have difficulty affording healthcare expenses. This can result in delayed or inadequate medical care, which can have serious consequences for their health.
Resources Available for Senior Citizens in Honolulu County
Despite the challenges faced by senior citizens in Honolulu County, there are resources available to help them navigate their financial situation.These include:
- The Elderly Affairs Division: This division of the City and County of Honolulu provides a variety of services for senior citizens, including financial assistance programs and counseling services.
- The Hawaii State Department of Health: This department offers programs and services specifically for senior citizens, such as the Senior Medicare Patrol Program, which helps prevent Medicare fraud and abuse.
- Non-Profit Organizations: There are several non-profit organizations in Honolulu County that offer financial assistance, housing options, and other resources for senior citizens in need.
