In 2024, Millennials were the largest generation group in the United States, making up about 21.81 percent of the population. However, Generation Z was not far behind, with Gen Z accounting for around 20.81 percent of the population in that year.

Millennials were the largest generation group in the United States in 2024, with an estimated population of ***** million. Born between 1981 and 1996, Millennials recently surpassed Baby Boomers as the biggest group, and they will continue to be a major part of the population for many years. The rise of Generation Alpha Generation Alpha is the most recent to have been named, and many group members will not be able to remember a time before smartphones and social media. As of 2024, the oldest Generation Alpha members were still only aging into adolescents. However, the group already makes up around ***** percent of the U.S. population, and they are said to be the most racially and ethnically diverse of all the generation groups. Boomers vs. Millennials The number of Baby Boomers, whose generation was defined by the boom in births following the Second World War, has fallen by around ***** million since 2010. However, they remain the second-largest generation group, and aging Boomers are contributing to steady increases in the median age of the population. Meanwhile, the Millennial generation continues to grow, and one reason for this is the increasing number of young immigrants arriving in the United States.

The statistic shows the number of people in the U.S. in 2011 and 2030, by generation. By 2030, the Millennial generation will have 78 million people whereas the Boomer generation will only have 56 million people in the United States.

As of 2023, there were approximately 13.57 million members of the Baby Boomer generation in the United Kingdom, ranging from the ages of 59 to 77. The most-common single year of age for Baby Boomers in this year was 59, at 915,735, while there were 521,896 who were 77, the least common year of age.

This map layer shows the prevalent generations that make up the population of the United States using multiple scales. As of 2018, the most predominant generations in the U.S. are Baby Boomers (born 1946-1964), Millennials (born 1981-1998), and Generation Z (born 1999-2016). Currently, Millennials are the most predominant population in the U.S.A generation represents a group of people who are born around the same time and experience world events and trends during the same stage of life through similar mediums (for example, online, television, print, or radio). Because of this, people born in the same generation are expected to have been exposed to similar values and developmental experiences, which may cause them to exhibit similar traits or behaviors over their lifetimes. Generations provide scientists and government officials the opportunity to measure public attitudes on important issues by people’s current position in life and document those differences across demographic groups and geographic regions. Generational cohorts also give researchers the ability to understand how different developmental experiences, such as technological, political, economic, and social changes, influence people’s opinions and personalities. Studying people in generational groups is significant because an individual’s age is a conventional predictor for understanding cultural and political gaps within the U.S. population.Though there is no exact equation to determine generational cutoff points, it is understood that we designate generational spans based on a 15- to 20-year gap. The only generational period officially designated by the U.S. Census Bureau is based on the surge of births after World War II in 1946 and a significant decline in birth rates after 1964 (Baby Boomers). From that point, generational gaps have been determined by significant political, economic, and social changes that define one’s formative years (for example, Generation Z is considered to be marked by children who were directly affected by the al Qaeda attacks of September 11, 2001).In this map layer, we visualize six active generations in the U.S., each marked by significant changes in American history:The Greatest Generation (born 1901-1924): Tom Brokaw’s 1998 book, The Greatest Generation, coined the term ‘the Greatest Generation” to describe Americans who lived through the Great Depression and later fought in WWII. This generation had significant job and education opportunities as the war ended and the postwar economic booms impacted America.The Silent Generation (born 1925-1945): The title “Silent Generation” originated from a 1951 essay published in Time magazine that proposed the idea that people born during this period were more cautious than their parents. Conflict from the Cold War and the potential for nuclear war led to widespread levels of discomfort and uncertainty throughout the generation.Baby Boomers (born 1946-1964): Baby Boomers were named after a significant increase in births after World War II. During this 20-year span, life was dramatically different for those born at the beginning of the generation than those born at the tail end of the generation. The first 10 years of Baby Boomers (Baby Boomers I) grew up in an era defined by the civil rights movement and the Vietnam War, in which a lot of this generation either fought in or protested against the war. Baby Boomers I tended to have great economic opportunities and were optimistic about the future of America. In contrast, the last 10 years of Baby Boomers (Baby Boomers II) had fewer job opportunities and available housing than their Boomer I counterparts. The effects of the Vietnam War and the Watergate scandal led a lot of second-wave boomers to lose trust in the American government. Generation X (born 1965-1980): The label “Generation X” comes from Douglas Coupland’s 1991 book, Generation X: Tales for An Accelerated Culture. This generation was notoriously exposed to more hands-off parenting, out-of-home childcare, and higher rates of divorce than other generations. As a result, many Gen X parents today are concerned about avoiding broken homes with their own kids.Millennials (born 1981-1998): During the adolescence of Millennials, America underwent a technological revolution with the emergence of the internet. Because of this, Millennials are generally characterized by older generations to be technologically savvy.Generation Z (born 1999-2016): Generation Z or “Zoomers” represent a generation raised on the internet and social media. Gen Z makes up the most ethnically diverse and largest generation in American history. Like Millennials, Gen Z is recognized by older generations to be very familiar with and/or addicted to technology.Questions to ask when you look at this mapDo you notice any trends with the predominant generations located in big cities? Suburbs? Rural areas?Where do you see big clusters of the same generation living in the same area?Which areas do you see the most diversity in generations?Look on the map for where you, your parents, aunts, uncles, and grandparents live. Do they live in areas where their generation is the most predominant?

In 2023, there were approximately ***** million millennials in the United Kingdom, making it the largest generational cohort at that time. Millennials surpassed the Baby Boomer generation as the largest generation for the first time in 2019. The two youngest generations, Gen Z and Gen Alpha, numbered approximately **** million, and *** million respectively. Gen X are, as of the most recent year, the second-largest generation in the UK at ***** million people, with their parent's generation, the Silent Generation, numbering around *** million people in the same year. There were estimated to be ****** people who belonged to the Greatest Generation, the parents of the Baby Boomer generation, who lived through major events such as the Great Depression and World War Two. Post-War Baby Boom The baby boomer generation was the largest generation for much of this period due to the spike in births that happened after the Second World War. In 1947, for example, there were over *** million live births in the United Kingdom, compared with just ******* live births just thirty years later in 1977. Members of this generation are typically the parents of millennials, and were the driving force behind the countercultural movement of the 1960s, due to their large numbers relative to older generations at the time. The next generational cohort after Boomers are Generation X, born between 1965 and 1980. This generation had fewer members than the Boomer generation for most of its existence, and only became larger than it in 2021. Millennials and Gen Z As of 2022, the most common single year of age in the United Kingdom in 2020 was 34, with approximately ******* people this age. Furthermore, people aged between 30 and 34 were the most numerous age group in this year, at approximately 4.67 million people. As of 2022, people in this age group were Millennials, the large generation who came of age in the late 1990s and early 2000s. Many members of this generation entered the workforce following the 2008 financial crash, and suffered through high levels of unemployment during the early 2010s. The generation that followed Millennials, Generation Z, have also experienced tough socio-economic conditions recently, with key formative years dominated by the COVID-19 pandemic, climate change, and an increasingly unstable geopolitical situation.

This feature layer is the clipped Census Block Groups of the City of Redlands. It is enriched with data from ESRI 2023.Enriched fields include:Education levels (High School/No Diploma, High School Diploma, GED, Some College/No Degree, Associate's Degree, Bachelor's Degree, and Grad/Professional Degree)Total HouseholdsHousing Affordability IndexMedian and Average Home ValueMedian and Average Household IncomeOccupationsGenerations (Generation Z, Millennial, Generation X, and Baby Boomer)Total PopulationHousehold PopulationPopulation Density2020-2023 Growth Rate: PopulationDaytime Population (Workers and Residents)Hispanic and Non-Hispanic groupsDominant Tapestry (lifestyles)Senior and Age 0-4 PopulationPersons with DisabilityHouseholds with 0 CarsHouseholds with Income Below Poverty LevelHave a Working Cell Phone Total Crime IndexHouseholds with No Internet AccessHousehold with Food Stamps/SNAPWorking, Professional, and Service Classes *calculated by adding associated occupations then dividing by employed 16+ civilian population number field and multiplying by 100.Employed 16+ Civilian Population (number and percentage)

In 2023, half of Generation Z in the United States were white. In comparison, 48 percent of Gen Alpha were white in that year, making it the first generation that does not have a majority white population in the United States.

Graph and download economic data for Not in Labor Force - With a Disability, 65 Years and over (LNU05075600) from Jun 2008 to May 2025 about 65 years +, disability, labor force, labor, household survey, and USA.

The working-age population can be divided into two broad categories: the early-working age group (15-34) and the later working age group (35-64). The effect of fertility on the composition of these groups is obvious. The later working age group is largely composed of the baby-boomers (those born between 1946 and 1965), while the early working age group is composed of those born during the baby-bust period (1966-1974) and the children of baby-boomers. Thus, despite the fact that baby-boomers are now older, they still remain the largest group in the population. This is evident in the relatively large proportion (42.6%) of the population that belonged to the late working age group in 2006. The corresponding proportion was much smaller (31.3%) just 25 years ago in 1981. As a result of the entry into the working age group of the people born during the baby-bust period and the children of baby-boomers in 2006, only 26.0% of the population belonged to the 15 to 34 age group in 2006, compared with 36.5% in 1981.

This feature layer is the clipped Census Tracts of the City of Redlands. It is enriched with data from ESRI 2023.Enriched fields include:Education levels (High School/No Diploma, High School Diploma, GED, Some College/No Degree, Associate's Degree, Bachelor's Degree, and Grad/Professional Degree)Total HouseholdsHousing Affordability IndexMedian and Average Home ValueMedian and Average Household IncomeOccupationsGenerations (Generation Z, Millennial, Generation X, and Baby Boomer)Total PopulationHousehold PopulationPopulation Density2020-2023 Growth Rate: PopulationDaytime Population (Workers and Residents)Hispanic and Non-Hispanic groupsDominant Tapestry (lifestyles)Senior and Age 0-4 PopulationPersons with DisabilityHouseholds with 0 CarsHouseholds with Income Below Poverty LevelHave a Working Cell Phone Total Crime IndexHouseholds with No Internet AccessHousehold with Food Stamps/SNAPWorking, Professional, and Service Classes *calculated by adding associated occupations then dividing by employed 16+ civilian population number field and multiplying by 100.Employed 16+ Civilian Population (number and percentage)

Today, globally, women of childbearing age have an average of approximately 2.2 children over the course of their lifetime. In pre-industrial times, most women could expect to have somewhere between five and ten live births throughout their lifetime; however, the demographic transition then sees fertility rates fall significantly. Looking ahead, it is believed that the global fertility rate will fall below replacement level in the 2050s, which will eventually lead to population decline when life expectancy plateaus. Recent decades Between the 1950s and 1970s, the global fertility rate was roughly five children per woman - this was partly due to the post-WWII baby boom in many countries, on top of already-high rates in less-developed countries. The drop around 1960 can be attributed to China's "Great Leap Forward", where famine and disease in the world's most populous country saw the global fertility rate drop by roughly 0.5 children per woman. Between the 1970s and today, fertility rates fell consistently, although the rate of decline noticeably slowed as the baby boomer generation then began having their own children. Replacement level fertility Replacement level fertility, i.e. the number of children born per woman that a population needs for long-term stability, is approximately 2.1 children per woman. Populations may continue to grow naturally despite below-replacement level fertility, due to reduced mortality and increased life expectancy, however, these will plateau with time and then population decline will occur. It is believed that the global fertility rate will drop below replacement level in the mid-2050s, although improvements in healthcare and living standards will see population growth continue into the 2080s when the global population will then start falling.

As of 2021, Millennials and Baby Boomers made up an equal share of the Australian population at around 21.5 percent each, making them the largest generational groups at the time. Those aged 75 years and over made up the smallest portion of the population, followed by Gen Alpha, or those aged 0 to 9 years at the time.

Layer references: Predominant Generations in the United States in 2018-------------------------------------------------------------------------------------------------------------------------------------This layer shows the predominant generations that make up the population of the United States using country to block group geographies. The vintage of the data is 2018. The top 3 predominant generations are Baby Boomers (born 1946-1964), Millennials (born 1981-1998), and Generation Z (born 1999-2016). Of these three, the predominant generation of the United States is Millennials. The popup is configured to show the predominant generation and population counts for each of the six generations. Size represents the total sum of categories (i.e. total population). Web Map: Predominant Generations in the United StatesFor more information, visit the Updated Demographics documentation. For a full list of variables, click the Data tab. Note: This layer will not being continuously updated or maintained.

According to Cognitive Market Research, the global senior living market will be worth USD XX million in 2024 and expand at a compound annual growth rate (CAGR) of 10.20% from 2024 to 2031.

North America held the major market of more than 30% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2031.
Europe accounted for over 25% of the global market size of USD XX million.
Asia Pacific held a market of around 36% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.2% from 2024 to 2031.
Latin America's market will have more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.6% from 2024 to 2031.
Middle East and Africa held the major market of around 4.00% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.9% from 2024 to 2031.
Assisted living held the highest Senior Living market revenue share in 2024.

Key Drivers of Senior Living Market

Increasing Demand for Senior Healthcare and Active Lifestyle to Propel the Growth

The increasing demand for senior healthcare is expected to boost the global senior living market significantly. As the global population ages, driven primarily by the aging baby boomer generation and improving healthcare, there is a growing need for specialized housing and healthcare services tailored to seniors. Further, medical technology and treatments have enabled seniors to live longer and healthier lives, increasing the demand for senior living options that provide access to high-quality healthcare and rehabilitation services.

Additionally, the preference for active lifestyles among seniors has led to a demand for senior living communities that offer a wide range of amenities, including fitness centers, recreational activities, and social engagement opportunities. Also, the COVID-19 pandemic has highlighted the importance of infection control and healthcare infrastructure in senior living communities, driving the need for innovative solutions and technologies to ensure the safety and well-being of residents.

Generally, the increasing demand for senior healthcare, coupled with evolving consumer preferences and regulatory changes, is expected to drive significant growth in the global senior living market in the coming years.

Aging Baby Boomer Population to Propel Market Growth

The aging baby boomer population is poised to drive substantial growth in the senior living market. As baby boomers age, there is an increasing need for specialized housing, healthcare services, and amenities tailored to their unique needs and preferences. This includes a growing demand for independent living communities, assisted living facilities, memory care units, and skilled nursing facilities. These accommodations offer varying levels of support and care, allowing seniors to maintain their independence while receiving assistance with daily activities or healthcare needs as necessary.

Furthermore, the absolute size of the baby boomer cohort means that their transition into older age is driving extraordinary demand for senior living options. This demand is not only for housing and healthcare but also for social engagement, recreational activities, and wellness programs designed to promote healthy aging and quality of life.

Moreover, the aging baby boomer population is influencing the development of innovative senior living solutions, including technology-enabled care, age-friendly design features, and personalized services to meet this demographic's diverse needs. The aging baby boomer population largely represents a significant driver of market growth in the senior living sector, shaping the demand for a wide range of housing, care, and lifestyle options for older adults.

Restraint Factors of Senior Living Market

Low Life Savings of Baby Boomers to Impede the Growth

The low life savings of baby boomers could pose a challenge to the growth of the senior living market. While the aging baby boomer population represents a significant demographic segment driving demand for senior living options, their financial preparedness for retirement varies widely. Many baby boomers face financial ...

Layer references: Predominant Generations in the United States in 2018-------------------------------------------------------------------------------------------------------------------------------------This layer shows the predominant generations that make up the population of the United States using country to block group geographies. The vintage of the data is 2018. The top 3 predominant generations are Baby Boomers (born 1946-1964), Millennials (born 1981-1998), and Generation Z (born 1999-2016). Of these three, the predominant generation of the United States is Millennials. The popup is configured to show the predominant generation and population counts for each of the six generations. Size represents the total sum of categories (i.e. total population). Web Map: Predominant Generations in the United StatesFor more information, visit the Updated Demographics documentation. For a full list of variables, click the Data tab. Note: This layer will not being continuously updated or maintained.

Retirement Communities Market Outlook

The global retirement communities market size was valued at approximately USD 250 billion in 2023 and is projected to reach around USD 400 billion by 2032, growing at a CAGR of about 5%. This growth is primarily driven by the aging global population, an increase in life expectancy, and changing lifestyle preferences among seniors. The shift towards comprehensive care and the integration of health and wellness services within retirement communities have further fueled this market's expansion. As societies worldwide continue to experience demographic shifts, the demand for retirement communities that offer a blend of healthcare, hospitality, and recreational amenities is expected to surge, underpinning the robust growth trajectory of the sector.

The burgeoning aging population is one of the primary growth factors for the retirement communities market. As advances in healthcare continue to improve life expectancy, a significant proportion of the global population is projected to fall within the senior age bracket, necessitating adequate living solutions for them. This demographic shift is particularly pronounced in developed regions such as North America and Europe, where a considerable percentage of the population is transitioning into retirement age. Additionally, emerging economies in Asia Pacific are also witnessing an increase in the elderly population, driven by improved healthcare infrastructure and living standards. This demographic evolution necessitates the development of retirement communities equipped with facilities that cater to both the healthcare and lifestyle needs of seniors.

Another significant growth factor is the increased financial independence and spending power among seniors. With many from the baby boomer generation having accrued substantial savings and investments, there is a growing willingness to spend on quality living environments that provide comfort, security, and access to healthcare and recreational activities. This financial capability, coupled with the desire for a community living environment that offers social interaction and reduces isolation, is a key driver for the retirement communities market. Furthermore, these communities are increasingly incorporating technology to enhance the quality of life for residents, with features such as telemedicine, smart home technologies, and digital health monitoring, which are appealing to the tech-savvy senior demographic.

Moreover, the changing societal norms and lifestyle preferences among the elderly are also contributing to the market's growth. TodayÂ’s seniors are more active and health-conscious than ever before, seeking retirement communities that offer wellness programs, fitness centers, and social activities that align with their lifestyle choices. The emphasis on holistic well-being has led to a rise in integrated community models that provide a continuum of care, from independent living to assisted living and nursing care, allowing seniors to age in place with dignity and peace of mind. This trend is expected to intensify in the coming years, further propelling the growth of the retirement communities market globally.

In recent years, the concept of Smart Communities has emerged as a transformative force within the retirement sector. These communities leverage advanced technologies to create interconnected environments that enhance the quality of life for residents. By integrating smart home devices, IoT solutions, and data-driven services, Smart Communities offer personalized and efficient living experiences. This technological integration not only improves safety and convenience for seniors but also promotes sustainable living practices. As the demand for tech-savvy solutions grows, retirement communities are increasingly adopting smart technologies to meet the evolving expectations of their residents, positioning themselves at the forefront of innovation in senior living.

Regionally, North America currently holds the largest share of the retirement communities market, driven by a well-established infrastructure, high disposable incomes, and a significant aging population. Europe follows closely, benefiting from similar demographic trends and a strong emphasis on social welfare programs for the elderly. Meanwhile, the Asia Pacific region is anticipated to exhibit the highest growth rate over the forecast period, fueled by rapid urbanization, economic growth, and increasing healthcare investments. Countries such as China, Japan, and India are at the forefront of this expansion, as they adapt to th

In the first quarter of 2024, 51.8 percent of the total wealth in the United States was owned by members of the baby boomer generation. In comparison, millennials own around 9.4 percent of total wealth in the U.S. In terms of population distribution, there is almost an equal share of millennials and baby boomers in the United States.

Population ageing is a phenomenon observed in developed countries. France is no exception to the rule and has seen its population age more and more since 1970. While in 1970 the over-65s represented about ** percent of the population, the share increased to reach its peak in 2021 with **** percent. Aging has accelerated since the early 2000s with the arrival of baby boomers in this age group.Although the aging of its population is inevitable, France should experience it less than other European countries. It has the highest fertility rate in Europe, with an average of around two children per woman.

Chain Nursing Home Market Outlook

In 2023, the global market size for chain nursing homes was valued at approximately $300 billion and is projected to reach around $550 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.5%. The significant growth of this market is primarily driven by the increasing aging population, rising incidences of chronic diseases, and the growing demand for long-term care services.

The aging global population stands as one of the most critical growth factors for the chain nursing home market. As life expectancy increases, so does the proportion of elderly individuals requiring specialized care. The Baby Boomer generation, in particular, is entering an age where the need for comprehensive care facilities becomes more pronounced. This demographic trend is resulting in an escalating demand for nursing home services, propelling market growth. Additionally, the increasing prevalence of chronic diseases, such as Alzheimer's, diabetes, and cardiovascular diseases, necessitates the need for continuous medical and supportive care, which chain nursing homes are well-equipped to provide.

Another significant driver is the increasing awareness and importance of specialized healthcare services. Families and individuals are becoming more informed about the benefits of professional care provided in nursing homes. These facilities offer not only medical care but also a variety of therapies, social activities, and a structured environment that can improve the quality of life for residents. Moreover, the integration of advanced technologies such as telemedicine and electronic health records in nursing homes enhances patient care and operational efficiency, attracting more residents and investors to this sector.

The economic factors also play a crucial role in the market's growth. Government initiatives and funding to support the elderly population, along with favorable healthcare policies, are further boosting the demand for chain nursing homes. Countries are recognizing the need for adequate long-term care infrastructure to support their aging populations and are thus increasing investments in this sector. Additionally, the growth of private insurance coverage for long-term care and the availability of various payment models make these services more accessible to a broader segment of the population.

Regionally, North America holds a significant share of the chain nursing home market due to its advanced healthcare infrastructure, high elderly population, and strong economic conditions. Europe follows closely, driven by similar demographic trends and healthcare policies. The Asia Pacific region is expected to witness the highest growth rate during the forecast period, attributable to its large aging population, improving healthcare infrastructure, and increasing disposable incomes. Latin America and the Middle East & Africa also present growth opportunities due to their developing healthcare systems and increasing focus on elderly care.

Service Type Analysis

The chain nursing home market is segmented by service type into skilled nursing care, assisted living, independent living, memory care, and others. Skilled nursing care is a critical segment that provides 24-hour medical attention and assistance with daily activities. These facilities employ licensed nurses and healthcare professionals to manage complex medical conditions, post-surgical care, and rehabilitation. The demand for skilled nursing care is on the rise due to the increasing incidence of chronic illnesses and the need for post-hospitalization care, which drives the growth of this segment.

Assisted living facilities cater to individuals who require help with daily activities but do not need intensive medical care. This segment has seen substantial growth due to the increasing preference for a blend of independence and support among the elderly. Assisted living facilities often offer personalized care plans, social activities, and a comfortable living environment, making them a popular choice for seniors who want to maintain a certain level of autonomy while having access to necessary support services.

Independent living facilities are designed for seniors who are capable of living independently but prefer the convenience and security of a community setting. These facilities typically offer various amenities such as housekeeping, dining, and recreational activities. The growing trend of active aging and the desire for a community-oriented lifestyle are major factors driving the growth of the independent living segment. Additi