17+ Important AARP Revenue and Membership Statistics In 2023

AARP was founded in 1958 in Ojai, California.

With initial dues starting at only $2/year, AARP was created as an organization to enhance the quality of life of older persons and advocate for their well-being.

From revenue to total membership, here is a summary of everything you’ll need to know about AARP.

Table Of Contents

• Key Stats
• Membership Statistics
• Revenue & Expenses
• Employees
• Statistics On Aging
• COVID Statistics
  
  

AARP Key Stats

• AARP currently has 38 million members.
• The standard membership rate is $16/year, with a 25% discount to $12/year for signing up for yearly renewal.
• AARP has averaged over 2.5 million new members a year for the last 16 years. However, over 2 million members also die every year.
• Total revenue in 2020 was $1.73 billion, up from $1.70 billion in 2019.
  
  

AARP Membership Statistics

• AARP membership is still growing but has stagnated. Membership has grown from 33 million subscribers in 1990 to 38 million members in 2022, a 15% increase over 32 years.

Source: AARP Annual Report

While AARP adds millions of new members every year, they barely break even in total membership. Over 2 million AARP members die every year since their primary demographic is seniors.

This results in an average of just over 100,000 total member increases year over year.

AARP Revenue & Expenses

Revenue

AARP revenue has a monster budget at $1.73 billion. But where does this money come from?

• 17.4% of AARP’s revenue came from membership dues.
• AARP collected $300.6 million in membership dues in 2020.
• 57.9% of AARP’s revenue comes from royalties charged to other companies.

Source: AARP Annual Report

Expenses

AARP provides many member services and outreach that go into their operating expenses each year.

• AARP spends $493 million on community engagement and outreach each year.
• AARP total operating expenses were $1.69 billion in 2020.

Source: AARP Annual Report

AARP Employees

• AARP has approximately 5,070 employees in 2022.
• The average AARP salary is $119,070.

Source: Comparably

AARP Statistics On Aging

• It is projected that the U.S. will have more older people than children for the first time ever in 2034.
• By 2030, over 73 million Americans will be over the age of 65, or over 20% of the population.

Source: Aging Population

AARP COVID Statistics

• AARP created Community Connections, an online platform that helped over 600,000 users find and create mutual groups to access support from trained volunteers related to COVID-19.
• Over 8,430 seniors signed up to receive calls from AARP’s Friendly Voice Program, which had 100 AARP volunteers to call seniors who were alone during COVID-19.
• AARP featured 5,143 virtual events during COVID-19 that reached over 2.7 million people.

Source: Annual Report, Friendly Voice

Summary

That’s it for most of our AARP statistics.

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We hope these statistics were of use to you!

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