In 2021, the economic value of family caregiving in the United States reached around 600 billion U.S. dollars. That year, with roughly 81 billion U.S. dollars, the value of family caregiving was the highest in California. On the other hand, Wyoming reported the lowest value for family caregiving, with only 910 million U.S. dollars in 2021.
Economic value of family caregiving in the United States in 2021, by state
(in million U.S. dollars)
These figures are based on a meta-analysis of four different surveys of family caregivers conducted from 2015 to 2019 among caregivers and recipients aged 18 or older who provided care at the time of the survey or within the past month; and assisted with ADLs (such as bathing and dressing), IADLs (such as managing finances or providing transportation), or medical/ nursing tasks (such as medication management or preparing special diets).
Economic value refers here to the number of care hours provided by family caregivers multiplied by the value per hour.
Figures are estimates.
Additional information about the methodology can be found in pages 4 and 5 of the report.
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AARP. (March 31, 2023). Economic value of family caregiving in the United States in 2021, by state (in million U.S. dollars) [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/1382353/family-caregiving-economic-value-in-the-united-states/
AARP. "Economic value of family caregiving in the United States in 2021, by state (in million U.S. dollars)." Chart. March 31, 2023. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1382353/family-caregiving-economic-value-in-the-united-states/
AARP. (2023). Economic value of family caregiving in the United States in 2021, by state (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/1382353/family-caregiving-economic-value-in-the-united-states/
AARP. "Economic Value of Family Caregiving in The United States in 2021, by State (in Million U.S. Dollars)." Statista, Statista Inc., 31 Mar 2023, https://www.statista.com/statistics/1382353/family-caregiving-economic-value-in-the-united-states/
AARP, Economic value of family caregiving in the United States in 2021, by state (in million U.S. dollars) Statista, https://www.statista.com/statistics/1382353/family-caregiving-economic-value-in-the-united-states/ (last visited October 02, 2024)
Economic value of family caregiving in the United States in 2021, by state (in million U.S. dollars) [Graph], AARP, March 31, 2023. [Online]. Available: https://www.statista.com/statistics/1382353/family-caregiving-economic-value-in-the-united-states/