Depression among the elderly is a serious and debilitating issue. Research indicates that between 12–16 % of elderly patients seen in primary care settings have major depression, making it the second most common chronic disorder for the elderly. The under diagnosis and treatment of depression in the elderly has been associated with a decrease in quality of life, an exacerbation of preexisting medical conditions, and an increase the risk of suicide. This study explored depression and quality of life in a population of elderly individuals. Self-report data was collected from 80 subclinical community dwelling individuals age 60–99 years. The results of the study indicated significant correlations between depression, age, and education when correlation analysis was performed with quality of life. Multiple regression between depression and quality of life resulted in β=.46, p<.01 and accounted for 40% of the variance. A multiple regression model that included Age, Education, and Depression accounted for 54% of the variance in quality-of-life and obtained an F=29.33, p<.01.