New AARP Data Shows Floridians 50+ Driving Economic Growth Across Florida

TALLAHASSEE, Fla. — Floridians age 50 and older are a powerful and growing force in the state’s economy, according to new data from AARP’s Longevity Economy Outlook 2026.

The analysis shows that Florida’s 50-plus population contributes significantly to economic activity across the state—supporting jobs, driving consumer spending, and providing substantial unpaid contributions through caregiving and volunteering.

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In Florida alone, residents 50 and older contributed $826 billion to the state economy and supported 7.6 million jobs, underscoring their role as a key economic engine.

The report also highlights the significant value of unpaid contributions, including caregiving and volunteering, which support families and communities and help offset broader economic pressures.

In 2024, Florida’s 50-plus population contributed an estimated $13.9 billion in unpaid volunteering and $53 billion in unpaid caregiving, with individuals averaging 56 hours of volunteer time and 557 hours of caregiving over the year.

The findings come as Florida’s population continues to shift older, with long-term projections showing the economic impact of the 50-plus population will continue to grow in the years ahead.

The Florida-specific data builds on AARP’s national Longevity Economy Outlook 2026, which finds that Americans age 50 and older contribute $12.5 trillion in economic activity annually and support millions of jobs across the country.

The report also highlights the importance of recognizing both the market and non-market contributions of older adults, including their roles as workers, consumers, volunteers, and family caregivers.

For more information and to view the Florida-specific data, visit:

• View Florida Longevity Economy Outlook data
• View national press release