It is projected that 1 in 3 people on the Isle of Wight will be aged 65 or over in less than 10 years, according to new data that highlights the Island’s rapidly ageing population.
The latest Office for National Statistics projections show that by 2032, 33% of the Isle of Wight’s population will be of pension age – up from 28% in 2022. This would make the Island one of the oldest areas in England, where the national average is projected to be significantly lower.
The median age on the Isle of Wight is set to rise from 51 to 54 years by 2032, compared to an expected median age of 41 for England. The largest increase will be seen in the 80 to 89 age group.
At the same time, the number of children and young people is projected to fall. Those aged 18 and under will make up just 15% of the population in 2032, down from 18% in 2022. The share of infants and primary school age children will see the biggest drops.
While the working age population is forecast to remain at around 55%, the old age dependency ratio will increase from 494 to 549 people of pension age for every 1,000 people of working age. This is almost double the England average of 287.
Not much of a wonder, with the lack of career prospects and housing.
And the other 2/3rds will be benefits claimants…
We need to get a grip now and give our young something to stay for. The government came out this week and asked for more children to be born as the British population is falling .When you have fully grown adult children still at home because they cant find work that pays to afford a home then this will not happend . The council needs to act now before it is too late.
It is too late, where are the jobs on the Island for
more children.
Thanks for publishing the material Darren.
The way job losses are going and
with the invention of A.I
1 in 3 sounds ideal.
I can see a win win situation here.
Fewer at the age (20’s to 40’s perhaps) where they commit crimes, take drugs, smash up cars, drain the benefit system and generally make a nuisance of themselves, what’s not to like?
Also the Island is not an isolated place re pensions, the pension system is country wide and there will be places in the UK where the median age is below this magic 65 number.
It all balances out in the end and taking the Island in isolation might be interesting but hopefully we are not penalised for it.
From what I read on the Island news is that many
Numpty’s commiting crimes are aged over 40.
Lol
So, less dangerous driving and speeding, less vandalism, less crime in all categories, less littering and aggressive and impolite and thoughtless behaviour. Less unnecessary noise More per capita spending. What’s not to like?