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 | Mar 22, 2021

Waldorf Astoria Miami will become the tallest tower south of Manhattan

The supertall tower will include a hotel and residences.

Multifamily Housing | Mar 18, 2021

Mixed-use residence for UCLA medical students completes

Lorcan O’Herlihy Architects designed the project.

Multifamily Housing | Mar 15, 2021

First phase of Presidium Waterford breaks ground in Austin, Texas

O’Brien Architects and Dwell Design Studio are designing the project.

Luxury Residential | Mar 10, 2021

Luxury multifamily development opens at the front door of Charlotte’s South End neighborhood

Broadstone Queen City recently opened its doors to its first residents.

Multifamily Housing | Mar 10, 2021

9 smart connectivity systems for multifamily housing communities

Smart connectivity systems are starting to become a must-have amenity in multifamily properties—and not just for upscale urban rentals.

Multifamily Housing | Mar 9, 2021

Investor demand for multifamily real estate remains relatively strong despite COVID-19

Despite a disruptive pandemic, investor demand for multifamily real estate was strong in 2020, according to a newly released Yardi Matrix Bulletin. Around 252,000 apartment units were absorbed last year. That’s about 1.7% of total market stock and down 12% from the 286,300 apartments purchased in 2019.

Multifamily Housing | Mar 7, 2021

Deadline extended for Cover Photo of the next issue of MULTIFAMILY Design+Construction

Request from Editori of Multifamily Design+Construction for photos showing project amenities, for next issue of the magazine.

Multifamily Housing | Mar 7, 2021

New Olympia i3 kitchen faucet: geometric lines, minimalist style

Announcing the new Olympia i3 single handle pull-down kitchen faucet for today's modern kitchen.

Market Data | Feb 24, 2021

2021 won’t be a growth year for construction spending, says latest JLL forecast

Predicts second-half improvement toward normalization next year.

Multifamily Housing | Feb 23, 2021

Rising costs push developers to consider modular construction

The mainstreaming of modular construction offers a cost-effective and creative solution to develop new types of urban developments.

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