How many households are in the U.S.?
In 2023, there were 131.43 million households in the United States. This is a significant increase from 1960, when there were 52.8 million households in the U.S.
What counts as a household?
According to the U.S. Census Bureau, a household is considered to be all persons living within one housing unit. This includes apartments, houses, or single rooms, and consists of both related and unrelated people living together. For example, two roommates who share a living space but are not related would be considered a household in the eyes of the Census. It should be noted that group living quarters, such as college dorms, are not counted as households in the Census.
Household changes
While the population of the United States has been increasing, the average size of households in the U.S. has decreased since 1960. In 1960, there was an average of 3.33 people per household, but in 2023, this figure had decreased to 2.51 people per household. Additionally, two person households make up the majority of American households, followed closely by single-person households.
This statistic shows the number of millionaire households in the United States from 2006 to 2020. As 2020, the number households with a net worth of one million U.S. dollars or more (excluding primary residence) stood at 11.6 million, up from 11 million in 2019.
In 2022, about 14.88 million households in the United States had an income of 200,000 U.S. dollars or more a year. Another 20.77 million households however, had an income of less than 25,000 U.S. dollars in the same year, The total number of households in the U.S. since 1960 can be found here.
The statistic shows the number of millionaire households in the United States from 1997 to 2015, by net worth. In 1997, about 5.3 million households had a net worth of 1 million U.S. dollars or more, excluding primary residence.
The average American household consisted of 2.51 people in 2023.
Households in the U.S.
As shown in the statistic, the number of people per household has decreased over the past decades.
The U.S. Census Bureau defines a household as follows: “a household includes all the persons who occupy a housing unit as their usual place of residence. A housing unit is a house, an apartment, a mobile home, a group of rooms, or a single room that is occupied (or if vacant, is intended for occupancy) as separate living quarters. Separate living quarters are those in which the occupants live and eat separately from any other persons in the building and which have direct access from outside the building or through a common hall. The occupants may be a single family, one person living alone, two or more families living together, or any other group of related or unrelated persons who share living arrangements. (People not living in households are classified as living in group quarters.).”
The population of the United States has been growing steadily for decades. Since 1960, the number of households more than doubled from 53 million to over 131 million households in 2023.
Most of these households, about 34 percent, are two-person households. The distribution of U.S. households has changed over the years though. The percentage of single-person households has been on the rise since 1970 and made up the second largest proportion of households in the U.S. in 2022, at 28.88 percent.
In concordance with the rise of single-person households, the percentage of family households with own children living in the household has declined since 1970 from 56 percent to 40.26 percent in 2022.
In 2020, California had the highest number of millionaire households in the U.S., with 1.14 million households having one million or more in investible assets. This is nearly double the 650,216 millionaire households in Texas, the state with the second-highest number.
In 2023, by far the highest number of individuals with net assets of at least 30 million U.S. dollars worldwide were residing in North America, reaching over 250,000 people. Asia recorded the second highest number of UHNWIs in the world with over 165,000 individuals.A small share owns vast sums of wealthThe vast majority of global wealth is concentrated in the hands of a few people. Only one percent of the global population owns assets worth more than one million U.S. dollars. The richest people in the world are Elon Mask, Jeff Bezos, and Bernard Arnault. When it comes to women, Francoise Bettencourt Meyers led the ranking of the most affluent women worldwide. The wealth of over 70 percent of UHNWIs was self-made. Where UHNWIs live and where they leave Unsurprisingly, as North America is the world region with the highest number of UHNWIs, the United States is the country with the highest UHNWI count. However, Hong Kong, special administrative (SAR) region in China, is the city with the highest number of UHNWIs. Nevertheless, China was the country that recorded the highest outflux of UHNWIs in 2022.
In 2024, 34.59 percent of all households in the United States were two person households. In 1970, this figure was at 28.92 percent. Single households Single mother households are usually the most common households with children under 18 years old found in the United States. As of 2021, the District of Columbia and North Dakota had the highest share of single-person households in the United States. Household size in the United States has decreased over the past century, due to customs and traditions changing. Families are typically more nuclear, whereas in the past, multigenerational households were more common. Furthermore, fertility rates have also decreased, meaning that women do not have as many children as they used to. Average households in Utah Out of all states in the U.S., Utah was reported to have the largest average household size. This predominately Mormon state has about three million inhabitants. The Church of the Latter-Day Saints, or Mormonism, plays a large role in Utah, and can contribute to the high birth rate and household size in Utah. The Church of Latter-Day Saints promotes having many children and tight-knit families. Furthermore, Utah has a relatively young population, due to Mormons typically marrying and starting large families younger than those in other states.
In 2023, just over 50 percent of Americans had an annual household income that was less than 75,000 U.S. dollars. The median household income was 80,610 U.S. dollars in 2023. Income and wealth in the United States After the economic recession in 2009, income inequality in the U.S. is more prominent across many metropolitan areas. The Northeast region is regarded as one of the wealthiest in the country. Maryland, New Jersey, and Massachusetts were among the states with the highest median household income in 2020. In terms of income by race and ethnicity, the average income of Asian households was 94,903 U.S. dollars in 2020, while the median income for Black households was around half of that figure. What is the U.S. poverty threshold? The U.S. Census Bureau annually updates its list of poverty levels. Preliminary estimates show that the average poverty threshold for a family of four people was 26,500 U.S. dollars in 2021, which is around 100 U.S. dollars less than the previous year. There were an estimated 37.9 million people in poverty across the United States in 2021, which was around 11.6 percent of the population. Approximately 19.5 percent of those in poverty were Black, while 8.2 percent were white.
As of 2019, 84 percent of millionaires in the United States had a net worth of between one million and two and a half million U.S. dollars. On the other end of the scale, 0.01 percent of millionaires had a net worth of over 500 million U.S. dollars.
Data revealed that the number of traditional pay TV households in the United States stood at around 58 million in 2023. This figure will likely drop further over the next few years and amount to less than 41 million by 2028. Meanwhile, digital pay TV is becoming increasingly popular. Pay TV is fighting an uphill battle The United States is one of the largest pay TV markets worldwide based on penetration. But even though millions of viewers frequently tune in to watch their favorite shows, news broadcasts, and sports events on the small screen, the U.S. pay TV industry is facing enormous challenges. More viewers are canceling their cable or satellite subscriptions than ever, be it because of mounting prices, limited content offerings, or the proliferation of over-the-top (OTT) video services and streaming platforms. Based on the latest data, over half of TV households in the country are currently without a telco, cable, or satellite TV provider. Can cable companies combat subscriber loss? The cord-cutting movement and other recent changes in consumer behavior have had a substantial impact on the pay TV landscape and its players. In 2023, U.S. pay TV providers suffered a combined net subscriber loss of around five million viewers. This downward trend also extends to the largest pay TV providers in the U.S., such as Charter and Comcast. However, they have recently ventured into the world of streaming to offset subscriber losses, but whether this expansion will be enough to effectively combat churn remains to be seen.
Around 6.8 million families had three or more children under 18 living in the household in 2023. In that same year, about 51.05 million households had no children under 18 living in the household.
This statistic presents the American states with highest ratio of millionaire households per capita in 2020. In that year, New Jersey had the highest ratio of millionaire households per capita in the country, with 9.76 percent of households holding over one million U.S. dollars in assets.
Subscription video-on-demand (SVOD) was the most popular platform for U.S. households watching video content in the first quarter of 2024, with 110 million households using services such as Netflix, Amazon Prime Video, and Disney+. Free ad-supported streaming TV (FAST) came in second place, surpassing traditional TV households between 2022 and 2024. While traditional pay TV decreased in popularity, online TV services, such as YouTube TV and Fubo TV, could partly offset those losses.
As of 2020, New Jersey had the highest concentration of millionaire households in the U.S., with 9.76 percent of all households having one million or more in investible assets. Mississippi had the lowest concentration, with 4.18 percent of households being millionaires.
An estimated 65.1 million households in the United States owned at least one dog according to a 2023/24 pet owners survey, making them the most widely owned type of pet across the U.S. at this time. Cats and freshwater fish ranked in second and third places, with around 46.5 million and 11.1 million households owning such pets, respectively.
Freshwater vs. salt water fish
Freshwater fish spend most or all their lives in fresh water. Fresh water’s main difference to salt water is the level of salinity. Freshwater fish have a range of physiological adaptations to enable them to live in such conditions. As the statistic makes clear, Americans keep a large number of freshwater aquatic species at home as pets.
American pet owners
In 2023, around 66 percent of all households in the United States owned a pet. This is a decrease from 2020, but still around a 10 percent increase from 1988. It is no surprise that as more and more households own pets, pet industry expenditure has also witnessed steady growth. Expenditure reached over 136 billion U.S. dollars in 2022, almost a sixfold increase from 1998. The majority of pet product sales are still made in brick-and-mortar stores , despite the rise and evolution of e-commerce in the United States.
The average American family in 2023 consisted of 3.15 persons. Families in the United States According to the U.S. Census Bureau, a family is a group of two people or more (one of whom is the householder) related by birth, marriage, or adoption and residing together; all such people (including related subfamily members) are considered as members of one family. As of 2023, the U.S. Census Bureau counted about 84.33 million families in the United States. The average family consisted of 3.15 persons in 2021, down from 3.7 in the 1960s. This is reflected in the decrease of children in family households overall. In 1970, about 56 percent of all family households had children under the age of 18 living in the household. This percentage declined to about 40 percent in 2020. The average size of a family household varies greatly from state to state. The largest average families can be found in Utah, California, and Hawaii, while the smallest families can be found in Wisconsin, Vermont and Maine.
This statistic shows the number of family households with own children under 18 years of age in the United States in 2022, by age of the children. In 2022, about 9.23 million U.S. family households had their own children between three and five years of age living in the household.
This statistic presents the total number of households in the United States with an Amazon Prime subscription from 2018 to 2022. According to the findings, in 2019 there were a total of 66.4 million households that had a subscription to Amazon Prime. This number is expected to increase upward to 76.6 million households by 2022.
The statistic shows the ownership of smart home devices and smart speakers in the United States in 2017. In 2022, 66.3 million U.S. households were forecasted to own a smart speaker.
How many households are in the U.S.?
In 2023, there were 131.43 million households in the United States. This is a significant increase from 1960, when there were 52.8 million households in the U.S.
What counts as a household?
According to the U.S. Census Bureau, a household is considered to be all persons living within one housing unit. This includes apartments, houses, or single rooms, and consists of both related and unrelated people living together. For example, two roommates who share a living space but are not related would be considered a household in the eyes of the Census. It should be noted that group living quarters, such as college dorms, are not counted as households in the Census.
Household changes
While the population of the United States has been increasing, the average size of households in the U.S. has decreased since 1960. In 1960, there was an average of 3.33 people per household, but in 2023, this figure had decreased to 2.51 people per household. Additionally, two person households make up the majority of American households, followed closely by single-person households.