There were approximately 14.69 million millennials in the United Kingdom in 2023. This generation, sometimes called Generation Y were born between 1981 and 1996 and are mainly the children of the post-war Baby Boomer generation. As of 2023, Millennials were the largest generational cohort in the UK, followed by Generation X at 14.04 million people, Baby Boomers at 13.57 million, and then by Generation Z at 13.2 million. The most numerous single-year of age for Millennials, and the UK as a whole, was 35 at 956,116. Boomerang generation The first cohort of millennials came of age at the turn of the century and have almost certainly been heavily influenced by the growth of internet accessibility during this time. The economic challenges faced by this generation may have a relation to the increasing share of young adults who live with their parents in the UK. This has led to the perhaps unfair, characterization of millennials as the boomerang generation, who failed to grow-up and mature. Some of these negative stereotypes regarding Millennials have since shifted to the next youngest generation, Generation Z, who have started to enter the workplace since the mid-2010s. Generation Remain One of the main challenges that British millennials currently face are their prospects after Brexit. Although the United Kingdom voted to leave the European Union in June 2016, there were clear divisions between regions, classes and age-groups. Most millennials voted to remain in the Brexit referendum with 73 percent of people aged 18 to 24, and 62 percent of those aged 25 to 34 voting to remain. In the next UK election, the majority of 25 to 49-year-olds intend to vote for the Labour Party, with only a slight majority of those over 65 planning to vote for the Conservative Party. Millennials also still appear to oppose Brexit, with approximately 65 percent of 25 to 49-year-olds believing Brexit to have been the wrong decision.
As of September 2024 in the United Kingdom, 98 percent of Generation Z, those born between 1995 and 2012, were using social media. The same was true for 97 percent of millennials in the country. Overall, 92 percent of Gen X were on social networks, as were 86 percent of Baby boomers.
In 2023, there were approximately 14.69 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 13.2 million, and 8.3 million respectively. Gen X are, as of the most recent year, the second-largest generation in the UK at 14.04 million people, with their parent's generation, the Silent Generation, numbering around 4.3 million people in the same year. There were estimated to be 85,920 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 one million live births in the United Kingdom, compared with just 657,038 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 944,491 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.
As of 2023, the estimated population of Gen Z in the United Kingdom was 13.2 million, ranging from eleven to 26-year's old. The most-common single year of age for Gen Z in this year was 26, at 887,804, while there were 788,039 that were aged 17, the least common year of age.
As of September 2024, 37 percent of Facebook users in the United Kingdom were millennials, and 33 percent were Generation X. Additionally, one in five Facebook users were Generation Z, and one in ten were Baby boomers.
According to a survey of social media users conducted in the United Kingdom between April 2023 and March 2024, 68 percent of Generation Z, those born between 1995 and 2012, were using social media to send private messages. The same was true for around 60 percent of Millennials in the country. Half of Gen Z reported liking content published by influencers and content creators, while only 13 percent of UK Baby Boomers and 36 percent of Millennials reported doing the same.
This statistic illustrates the parental influence on the Millennial generations financial management habits in the United Kingdom (UK) as of January 2016. It can be seen that at that time 17 percent of respondents stated that their parents had a negative influence on their money management habits.
In 2023, over 40 percent of millennials in the United Kingdom (UK) said they would prefer to shop mostly online for leisure, sports, and hobby products if they could choose freely. Only about 20 percent of millennial and Gen Z consumers said they would prefer to shop predominantly in-store for such goods. In the United States, a higher share of consumers said they would prefer to buy these products mostly on the web.
This statistic illustrates the value of outstanding student loans owed to the Student Loan Company for the Millennial generation in Great Britain as of 2016. It can be seen that more than two fifths (44 percent) of Millennials stated that they did not know how much they owed the Student Loan Company.
In 2023, more than 40 percent of millennials in the United Kingdom (UK) said they would prefer to buy children's products online, given the freedom to choose. Only just over 15 percent of millennial consumers had a preference for buying kids' products in physical stores.
In 2023, Millennials were the largest generational cohort in the United Kingdom, comprising approximately 21.5 percent of the population. Gen X was the next largest generation at 20.6 percent of the population, followed by Baby Boomers at 19.9 percent, and Gen Z on 19.4 percent.
A top life goal of 51 percent of UK millennials in 2019 was owning their own home, while a further 40 percent advised that achieving financial stability for their family was a top goal. Only three percent of the people surveyed advised that paying of their university fees was a top life goal.
According to a survey of social media users aged between 16 and 24 years in the United Kingdom, 71 percent of respondents used the Instagram mobile app daily as of October 2022. Approximately seven in 10 respondents reported using social video app TikTok and YouTube on a daily basis, respectively. New social app app BeReal, which prompts users to post content once per day, was used by less than three in 10 respondents aged between 16 and 24 years.
As of March 2023, the United Kingdom market saw approximately 12.7 million Gen Z internet users. Additionally, the UK recorded over 12.3 million Gen Z digital video viewers, as well as five million podcast listeners in the same age demographic. Overall, Gen Z smartphone users were almost 12 millions as of the beginning of 2023.
This statistic illustrates the share of the Millennial generation that had a current loan with the Student Loan company in Great Britain as of 2016. It can be seen that more than one half (52 percent) of Millennials stated that they did not have a current student loan at that time.
This statistic illustrates the share of the Millennial generation that is currently saving more or less than they plan to each month for a deposit or money to buy a house in Great Britain as of 2016. It can be seen that one quarter (25 percent) of Millennials stated that they were saving the same as they planned to at that time.
In 2022, among the working age population of the United Kingdom, there were approximately 3.71 million people employed from the Baby Boomer Generation, followed by 11.4 million Gen X employed, 12.2 million Millennials, and 4.3 million Gen Z.
This statistic illustrates the most popular disposable income spending habits of the Millennial generation in the United Kingdom (UK) as of January 2016. It can be seen that 51 percent of Millennials stated that socialising was where their remaining disposable income was most likely spent at that time.
According to a survey of social media users conducted in the United Kingdom between April 2023 and March 2024, 67 percent of Generation Z, those born between 1995 and 2012, were using social media daily. The same was true for around 71 percent of Millennials and Generation X users in the country. Surprisingly, Baby Boomers had the highest share of daily usage frequency, as 73 percent of respondents in this age cohort reported engaging with social media daily.
Premier Inn topped the list of most popular hotel brands among millennials in the United Kingdom as of the second quarter of 2024. During that period, 80 percent of respondents stated that they had a positive opinion of the hotel brand. The brand also ranked as the most popular hotel brand among the general public in the UK.
There were approximately 14.69 million millennials in the United Kingdom in 2023. This generation, sometimes called Generation Y were born between 1981 and 1996 and are mainly the children of the post-war Baby Boomer generation. As of 2023, Millennials were the largest generational cohort in the UK, followed by Generation X at 14.04 million people, Baby Boomers at 13.57 million, and then by Generation Z at 13.2 million. The most numerous single-year of age for Millennials, and the UK as a whole, was 35 at 956,116. Boomerang generation The first cohort of millennials came of age at the turn of the century and have almost certainly been heavily influenced by the growth of internet accessibility during this time. The economic challenges faced by this generation may have a relation to the increasing share of young adults who live with their parents in the UK. This has led to the perhaps unfair, characterization of millennials as the boomerang generation, who failed to grow-up and mature. Some of these negative stereotypes regarding Millennials have since shifted to the next youngest generation, Generation Z, who have started to enter the workplace since the mid-2010s. Generation Remain One of the main challenges that British millennials currently face are their prospects after Brexit. Although the United Kingdom voted to leave the European Union in June 2016, there were clear divisions between regions, classes and age-groups. Most millennials voted to remain in the Brexit referendum with 73 percent of people aged 18 to 24, and 62 percent of those aged 25 to 34 voting to remain. In the next UK election, the majority of 25 to 49-year-olds intend to vote for the Labour Party, with only a slight majority of those over 65 planning to vote for the Conservative Party. Millennials also still appear to oppose Brexit, with approximately 65 percent of 25 to 49-year-olds believing Brexit to have been the wrong decision.