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

Multifamily Housing | Jun 21, 2022

Two birds, one solution: Can we solve urban last-mile distribution and housing challenges at the same time?

When it comes to the development of both multifamily housing and last-mile distribution centers, particularly in metropolitan environments, each presents its own series of challenges and hurdles. One solution: single-use structures.

Sponsored | HVAC | Jun 14, 2022

Healing the urban fabric: The surprising impact of MagicPak HVAC

The Legends at Berry active adult housing complex in St. Paul, Minnesota helped transform a former industrial site into a thriving residential campus.  MagicPak All-in-One® HVAC Systems provided the energy-efficient heating needed to handle extreme Minnesota winters while enabling architects to create an inviting home environment—and even qualify for additional funding incentives.

Multifamily Housing | Jun 9, 2022

Cityview's Adam Perry on multifamily housing innovation in the Western U.S.

Adam Perry, SVP of Development and Construction Management with developer Cityview, chats with Multifamily Design+Construction Editor Rob Cassidy about the latest design and construction innovations for multifamily housing in the West. 

Hotel Facilities | May 31, 2022

Checking out: Tips for converting hotels to housing

Many building owners are considering repositioning their hotels into another property type, such as senior living communities and rental apartments. Here's advice for getting started. 

Multifamily Housing | May 25, 2022

9 noteworthy multifamily developments to debut in 2022

A 1980s-era shopping mall turned mixed-use housing and a mid-rise multifamily tower with unusual rowhomes highlight the innovative multifamily developments to debut recently.

Legislation | May 20, 2022

Arlington County, Virginia may legalize multifamily housing countywide

Arlington County, Va., a Washington, D.C.-area community, is considering proposed legislation that would remove zoning restrictions on multifamily housing up to eight units in size.

Multifamily Housing | May 11, 2022

Kitchen+Bath AMENITIES – Take the survey for a chance at a $50 gift card

MULTIFAMILY DESIGN + CONSTRUCTION is conducting a research study on the use of kitchen and bath products in the $106 billion multifamily construction sector.

boombox1
boombox2
native1

More In Category




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