Erie County residents 50 and older are living in a state of economic unrest, according a recent survey by AARP.
Many in that demographic are reporting that they are worried about paying their mortgages, rents, property taxes and even utility bills, the survey reports.
“This is not just an issue of older New Yorkers being concerned about their economic well-being; New Yorkers in their 50s are painting a clear picture of some of their immediate home budget pain points,” said Beth Finkel, state director for AARP in New York State.
The survey of voters who are 50 and older across the state looked at some key, kitchen table economic issues through a statewide lens, as well as in specific areas across the state.
The Erie County survey found:
• 24 percent are worried about being able to pay their mortgage or rent
• 36 percent say they are concerned about being able to pay their property taxes
• Nearly 33% say they are concerned about being able to pay their utility bills
• 72% said the cost of heating their homes this past winter strained their kitchen table economies (25% said major strain, 47% said minor strain)