Business World |
November 2014
36
For the first time in US history, there has been a dramatic
shift in the age composition of the U.S. population. Ac-
cording to the US Census Bureau, there are currently 79.5
million people over the age of 55, comprising 25% of the
US population and 43% of US households. It is the first
time in the nations’ history that people 55+ are the largest
group in terms of size and percentage of population.That
percentage is projected to continue to grow for the next 20
to 30 years.
Though Epcon was founded in 1986 in Columbus,
Ohio, the company seemed to have a good idea of what the
future would hold when they designed their first housing
product with the 50+homebuyer in mind.
Founders Ed Bacome and Phil Fankhauser recog-
nized that residential home builders had overlooked the
needs and wants of the maturing homebuyer. Construc-
