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For Seniors, an Indiana Home Is...
- Safe
- Adaptive to age-specific needs
- Energy-efficient
- Affordable
Nearly 800,000 Hoosiers are 65 or older; by 2025, that number
will reach 1.25 million (or one in every five people living in
the state).
In fact, seniors (65 years or older) are the state's only
age-defined population that's growing.
But as we age, we have increasingly specialized (and
expensive) needs, including health care and transportation
costs. Add to those skyrocketing heating and cooling costs and
it's easy to see why affordable housing for the elderly is so
important.
And Yet...
- The national median income for women age 65 and over in
2000 was $10,899; for men it was $19,168.
- 55,000 elderly
households in Indiana have higher mortgage payments than
they can afford.
- 44,000 elderly households in Indiana pay
more rent than they can afford.
- 47 percent of all Hoosiers
65 or older have a disability.
- According to a 2002 report,
the cost of an assisted living facility in Indiana averaged
$3,000 a month.
So the state's population of seniors is
growing--fast. And unless they can find more affordable homes
in the kind of decent neighborhoods and communities they
deserve, they'll be forced to make some very difficult
decisions. Like choosing between medicine, food, housing,
heat or assisted living facilities neither they--nor their
children--can readily afford.
Click here to find
housing resources for seniors. |