flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Millennials to outgrow Baby Boomers in 2015

Multifamily Housing

Millennials to outgrow Baby Boomers in 2015

The number of Millennials is expected to peak in 2036, at 81.1 million.


By BD+C Staff | February 23, 2015
Millennials to outgrow Baby Boomers in 2015

Image courtesy of CEU/Wikimedia Commons

In 2015, the number of Millennials is expected to surpass the Baby Boomer generation. According to the Pew Research Center, last month's population projection completed by the U.S. Census Bureau found that Baby Boomers are currently the largest living generation, at 74.9 million. However, Millenials— those between the ages of 18 and 34—will pass 75.3 million by year's end. 

The number of Millennials is expected to peak in 2036, at 81.1 million. According to the Cenus Bureau, the Baby Boomer generation peaked in 1999 when there were 78.8 milliion individuals.

Generation X is comprised of individuals who are between the ages of 35 and 50. This generation is expected to grow for a few years before peaking at 65.8 million in 2018.

Read Pew's full report.

Related Stories

| Jul 16, 2013

Amid single-family housing’s comeback, rental market not skipping a beat [2013 Giants 300 Report]

As the economy recovers and homeownership becomes a realistic option for more consumers, will it spell the end of the multifamily sector’s hot streak? The experts say no.  

| Jul 15, 2013

Developer plans to convert historic Kansas City high-rise to mixed-use with 55 new apartments

An $18 million redevelopment proposal would convert a historic Kansas City high-rise into a commercial/residential property.

| Jul 15, 2013

Zaha Hadid unveils plan for boutique condo development in New York

Related Companies taps the London-based architect for the 11-story 520 West 28th Street residential development adjacent to the High Line in Chelsea.

| Jul 11, 2013

Lawsuit challenges modular apartment project in New York City

A plan to build pre-fab apartment buildings at Atlantic Yards in Brooklyn, N.Y., has been challenged by a lawsuit filed by the Plumbing Foundation in Manhattan Supreme Court.  

| Jul 10, 2013

World's best new skyscrapers [slideshow]

The Bow in Calgary and CCTV Headquarters in Beijing are among the world's best new high-rise projects, according to the Council on Tall Buildings and Urban Habitat. 

| Jul 10, 2013

TED talk: Architect Michael Green on why we should build tomorrow's skyscrapers out of wood

In a newly posted TED talk, wood skyscraper expert Michael Green makes the case for building the next-generation of mid- and high-rise buildings out of wood.

High-rise Construction | Jul 9, 2013

5 innovations in high-rise building design

KONE's carbon-fiber hoisting technology and the Broad Group's prefab construction process are among the breakthroughs named 2013 Innovation Award winners by the Council on Tall Buildings and Urban Habitat.

| Jul 8, 2013

RSMeans cost comparisons: hotels, motels, and apartment buildings

Construction market analysts from RSMeans offer construction costs per square foot for hotels, motels, and apartment buildings. 

| Jul 3, 2013

Architects team with HUD to promote 'Rebuild By Design' competition for Hurricane Sandy recovery effort

The American Institute of Architects (AIA) today announced a communications campaign urging its membership to enter the “Rebuild by Design” multi-stage regional design competition announced by Department of Housing and Urban Development (HUD) Secretary Shaun Donovan on June 20.

| Jul 2, 2013

LEED v4 gets green light, will launch this fall

The U.S. Green Building Council membership has voted to adopt LEED v4, the next update to the world’s premier green building rating system.

boombox1
boombox2
native1

More In Category




Legislation

Efforts to encourage more housing projects on California coast stall

A movement to encourage more housing projects along the California coast has stalled out in the California legislature. Earlier this year, lawmakers, with the backing of some housing activists, introduced a series of bills aimed at making it easier to build apartments and accessory dwelling units along California’s highly regulated coast. 

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021