Monday, June 27, 2016

U.S. Demographics: Ten most common ages in 2010, 2015, 2020, and 2030

by Bill McBride on 6/27/2016 01:34:00 PM

The Census Bureau has released the population estimates for 2015.

Using that data, on Sunday I posted a table ranking the largest 5-year cohorts in 2010, 2015, 2020, and 2030: Largest 5-year Population Cohorts are now "20 to 24" and "25 to 29"

Using the same data, Jed Kolko tweeted the ten most common ages in the U.S. (seven of ten are in the twenties).

Here is a table showing the ten most common ages in 2010, 2015, 2020, and 2030 (projections are from the Census Bureau).

Note the younger baby boom generation dominated in 2010.  By 2015 the millennials are taking over.  And by 2020, the boomers are off the list.

My view is this is positive for both housing and the economy, especially in the 2020s.

Population: Most Common Ages by Year
  2010201520202030
150252939
249263040
320242838
419232737
547273136
646562635
748553241
851222530
918523534
1052283433