National Real Estate Insights December 2024

National Population by Age Segment U.S. Census Estimates, 2020 – 2023, as of July 1 st of Each Year

2020

2021

2022

2023

100,000,000

3-Year Change +1.5%

3-Year Change -2.1%

90,000,000

3-Year Change -2%

80,000,000

U.S. Median Age 2020 – 38.5 years 2021 – 38.8 years 2022 – 38.9 years 2023 – 39.1 years

70,000,000

3-Year Change +8.8%

60,000,000

50,000,000

2020-2023, the population of residents aged 65+ years increased in all but 1 of the 387 U.S. metro areas, while the number of children declined nationally. Growth in the older population is expected to continue as baby boomers age.

3-Year Change +1.5%

40,000,000

30,000,000

20,000,000

10,000,000

0

Under 18 Years

18 to 24 Years

25 to 44 Years

45 to 64 Years

65+ Years

Per U.S. Census estimates published 6/27/24, population as of July 1 st of each year: https://www.census.gov/newsroom/press-kits/2024/population-estimates-characteristics.html. Data from sources deemed reliable but may contain errors and subject to revision.

Made with FlippingBook interactive PDF creator