5 facts about Millennial households
Millennials trail Baby Boomers and Generation Xers in the number of households they head. But Millennial-run households represent the largest group in some key categories, such as the number in poverty or the number headed by a single mother.
Millennials and Gen Xers outvoted Boomers and older generations in 2016 election
Millennials and Generation Xers cast 69.6 million votes in the 2016 general election, a slight majority of the 137.5 million total votes cast.
More U.S. households are renting than at any point in 50 years
The number of U.S. households renting their home increased significantly between 2006 and 2016, as did the share.
It’s becoming more common for young adults to live at home – and for longer stretches
Through both recession and recovery, the share of young adults living in their parents’ home continues to rise. As of 2016, 15% of 25- to 35-year-old Millennials were living in their parents’ home.
Millennials aren’t job-hopping any faster than Generation X did
Millennial workers are just as likely to stick with their employers as their older counterparts in Generation X were when they were young adults.
Americans are moving at historically low rates, in part because Millennials are staying put
Americans are moving at the lowest rate on record, and recently released Census Bureau data show that a primary reason is that Millennials are moving significantly less than earlier generations of young adults.
Women may never make up half of the U.S. workforce
New projections indicate that the female share of the labor force will peak at 47.1% in 2025 and then taper off to 46.3% by 2060.
U.S. still has a ways to go in meeting Obama’s goal of producing more college grads
As Obama’s time in office nears its end, the U.S. remains short of his goal to produce more college graduates by 2020.