re: 1 in every 500 US residents have died of Covid-19

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In 2020, the US recorded 3,358,814 deaths. The previous 3 years were 2,854,838 (2019), 2,839,205 (2018), and 2,813,503 (2017). The first thing to notice is a lot more people died in 2020 than the previous three years.

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Yes, but that alone isn't noteworthy since the average number of people in the 65+ category also increases annually. The 65+ population in the U.S. grew by over a third (34.2% or 13,787,044) during the past decade, and by 3.2% (1,688,924) from 2018 to 2019.

So the "whole lot more people died" cause is pretty easy to identify ... there's a whole lot more people in the prime end of life age.