This map shows the location of multi-generational households in the United States in 2010. A multigenerational household is a household in with three or more generations reside within a single household. This is shown by using color to represent the count of multigenerational households as a percentage of total households. The size of the symbols represent the count of all multigenerational households within an area.The map shows this pattern for states, counties, tracts, and block groups. There is increasing geographic detail as you zoom in, and only one geography is configured to show at any time. The data source is the US Census Bureau, and the vintage is 2010. The original service and data metadata can be found here.
According to a survey conducted among over ****** respondents in the U.S., approximately ** percent of home buyers who were actively looking to buy a home in the next year have been searching for more than three months as of the second quarter of 2022. This was lower than the same period in 2021 when ** percent of active buyers had been looking for more than three months. From all generations, Gen X struggled the most with finding a home to buy quickly (** percent). In the second quarter of 2022, roughly ** percent of U.S. adults were planning a home purchase in the next year.
This layer is symbolized to show the approximate percentage of households that are multigenerational households. Multigenerational households are households with three or more generations. These households include either (1) a householder, a parent or parent-in-law of the householder, and an own child of the householder, (2) a householder, an own child of the householder, and a grandchild of the householder, or (3) a householder, a parent or parent-in-law of the householder, an own child of the householder, and a grandchild of the householder. The householder is a person in whose name the home is owned, being bought, or rented, and who answers the survey questionnaire as person 1.Other fields included are estimates of mothers - females 18 to 64 with own children (biological, adopted, or step children) - by various race/ethnic groups, and by age group of children. Age groups were defined by the COVID vaccine age groups: 12 to 17, 5 to 11, and 0 to 4. We also included estimates for mothers of children in more than one of these groups.Data prep steps:Data downloaded on 4/5/22 from FTP site.All fields were calculated from the Census Bureau's 2016-2020 5-year American Community Survey Public Use Microdata Sample (PUMS) using this SAS program.Using the SAS-ArcGIS Bridge, the data table created in SAS was read into ArcGIS Pro and joined to this layer is PUMA, obtained from Living Atlas. According to the U.S. Census Bureau, a Public Use Micro-sample Area (PUMA) is a "non-overlapping, statistical geographic areas that partition each state or equivalent entity into geographic areas containing no fewer than 100,000 people each." The resulting layer in Pro was then published to ArcGIS Online.Disclaimer: All estimates here contain a margin of error. While they are not explicitly calculated and provided on this layer currently, we can and will add additional fields to provide the margins of error if the need arises.
The number of housing units in the United States has grown year-on-year and in 2024, there were approximately 147 million homes. That was an increase of about one percent from the previous year. Homeownership in the U.S. Most of the housing stock in the U.S. is owner-occupied, meaning that the person who owns the home uses it as a primary residence. Homeownership is an integral part of the American Dream, with about two in three Americans living in an owner-occupied home. For older generations, the homeownership rate is even higher, showing that buying a home is an important milestone in life. Housing transactions slowing down During the coronavirus pandemic, the U.S. experienced a housing market boom and witnessed an increase in the number of homes sold. Since 2020, when the market peaked, new homes transactions have slowed down and so have the sales of existing homes. That has affected the development of home prices, with several states across the country experiencing a decline in house prices.
As of 2023, Baby Boomers made up 65 percent of the United States Senate, and 44.8 percent of the United States House of Representatives. Millennial members made up considerably less of the 118th U.S. Congress, representing 11.8 percent of the House of Representatives and three percent of the Senate.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 16.37(USD Billion) |
MARKET SIZE 2024 | 18.39(USD Billion) |
MARKET SIZE 2032 | 46.72(USD Billion) |
SEGMENTS COVERED | Type ,Construction Material ,Size ,End User ,Application ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Growing demand for affordable housing Increasing urbanization and population density Government regulations and incentives Rising popularity of multigenerational living Technological advancements |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Studio Shed ,KitHAUS ,Collegetown ,Allwood Outlet ,Visbeen Architects ,Backyard Cottages ,Backyard ADU ,Jamaica Cottage Shop ,Detached Solutions ,Bunkie Company ,Modern Shed ,Plant Prefab ,Cover ,Rocio Romero Studio Guapo ,Movable Roots |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | 1 Rising demand for affordable housing 2 Aging population and need for accessible housing 3 Growing popularity of multigenerational living 4 Increasing urbanization and space constraints 5 Government incentives and regulations supporting ADU development |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 12.36% (2024 - 2032) |
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This map shows the location of multi-generational households in the United States in 2010. A multigenerational household is a household in with three or more generations reside within a single household. This is shown by using color to represent the count of multigenerational households as a percentage of total households. The size of the symbols represent the count of all multigenerational households within an area.The map shows this pattern for states, counties, tracts, and block groups. There is increasing geographic detail as you zoom in, and only one geography is configured to show at any time. The data source is the US Census Bureau, and the vintage is 2010. The original service and data metadata can be found here.