Prime Times....For The Prime Time Of Your Life

HOME PAGETHE STATSADVERTISERSGAS BUDDY
The Stats

 

A VITAL AUDIENCE

According to the U.S. Census Bureau, adults 50+ represent 76 million people, 28% of the total U.S. population and 37% of the population 18+. Demographic trends associated with the aging of the baby boomer population, plus gains in longevity, will grow the 50+ market to over 106 million by 2015 when they will account for 45% of the adult population. Seniors are, and will become even more, a market, social and political force to be reckoned with and hence a very attractive community to a range of advertisers and marketing sponsors.

 

 

INVOLVED CONSUMERS

Freed from the constraints of raising a family and with more time of their own, mature consumers seek products, services, and activities that compliment their desire to live life to the fullest. The mature market has over $1.6 trillion in spending power and a net worth that's nearly twice the U.S. average. The facts speak for themselves -- the mature market represents a tremendous opportunity across all categories.

UNITED STATES MATURE MARKET

      • Larger than African-American and Hispanic market segments combined.
      • The most affluent of any age segment
      • Account for 60% of all healthcare spending
      • Purchase 74% of all prescription drugs
      • Buy 51% of all over-the-counter drugs
      • Acquire 41% of all new cars
      • Purchase 25% of all toys
      • Account for 80% of all luxury travel
    • Spend $7 billion online annually
    • Fastest growing segment on the Internet
    • Spend more time online than teenagers
    • Adults 50+ control a household net worth of $19 trillion.
    • Own more than three-fourths of the nation's financial wealth
    • Own 70% of all money market accounts and certificates of deposit assets
    • Have an income per capita that is 26% higher than the national average
    • Spend more than one trillion dollars on goods and services
    • The largest 55+ population resides in California, New York, and Florida respectively
    • 42% of museum visitors are 55+
    • Spends more per capita on groceries, O-T-C products, travel and leisure than any other age group
    • Travel ranks among the top leisure activities for men and women over 50
    • Mature vacationers travel more frequently than any other age group and stay longer
    • 55+ households are the fastest growing user segment to embrace computer technology
    • 22 million adults 50+ are now online, representing 28% of the 50+ population.
  •  

    BEST WAY TO REACH SENIORS?
    THROUGH THEIR OWN NEWSPAPERS

    The Senior Publishers Media Group in a recent survey found...

    • 5.8 million senior regulary read senior newspapers
    • 70 percent of those senior readers buy products and services from ads in those papers
    • 25 percent of the readership of these papers are younger than 55
    • 30 percent are between 55 and 64
    • 29 percent are 65+

    Remember: Every 8.4 seconds another baby boomer reaches age 50!

Home Page | The Stats | Advertisers | Gas Buddy
Copyright © 2008 Prime Times/Senior Star News Publications. All Rights Reserved.