Selected Fiscal and Economic Implications of Aging (David Sjoquist, Sally Wallace, and John Winters). The aging of the U.S. population is by this time no surprise to most people.Georgia is a relatively young state—the median age in Georgia in 2005 was 34.3 while for the U.S. it was 36.4. However, Georgia will gray at a similar rate as the average U.S. state over the next 20 years. FRC Report 167 (October 2007)