AARP Report Estimates U.S. Family Caregiving at Over $1 Trillion Annually

AARP Report Estimates U.S. Family Caregiving at Over $1 Trillion Annually
1 min readEconomyHealth

In Brief

The economic value of unpaid family caregiving highlights the significant role caregivers play in supporting adults across the U.S.

Key Facts

  • An estimated 59 million Americans provide unpaid care to adults.
  • Family caregiving in the U.S. is valued at more than $1 trillion annually.
  • A recent AARP report calculated the total economic value of this unpaid care at $1.01 trillion per year.
  • The figure represents the collective contribution of caregivers supporting loved ones without pay.
  • The data underscores the scale of unpaid caregiving in the U.S. economy.

What Happened

A new AARP report estimates that about 59 million Americans provide unpaid care for adults, with the total annual economic value of this care exceeding $1 trillion.

Why It Matters

Recognizing the economic impact of unpaid caregiving may influence policy discussions and resource allocation for caregivers, who play a vital role in supporting adults nationwide.

What's Next

Further analysis and policy responses may be considered to address the needs of unpaid caregivers and the broader implications for the U.S. economy.

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