The median adjusted income in a household headed by a Millennial was $69,000 in 2017. The previous peak for households headed by people ages 22 to 37 was in 2000.
In all, more than 17 million Millennial women in the U.S. have become mothers. In 2016, Millennial women accounted for 82% of U.S. births.
As of 2017, 56 million Millennials were working or looking for work, more than the 53 million Generation Xers and 41 million Baby Boomers in the labor force.
The number and share of Americans living in multigenerational family households have continued to rise. In 2016, a record 64 million people, or 20% of the U.S. population, lived with multiple generations under one roof.
As of November 2016, an estimated 62 million Millennials were voting-age U.S. citizens – moving closer in number to the 70 million Baby Boomers.
Our analysis finds that Millennials stand apart from the young adults of the Silent generation when it comes to education, employment and home life.
Millennials are expected to overtake Boomers in population in the U.S. in 2019 as their numbers swell to 73 million and Boomers decline to 72 million.