Millennial Milestone

Millennials overtake Baby Boomers as America’s largest generation…

The long reign of American demographics has finally shifted, made official yesterday April 25th, according to new population estimates released this month by The U.S. Census Bureau and analyzed by The Pew Research Center.
By officially outnumbering ‘Baby Boomers’, Millennials are now the largest living generation in the U.S.!
Millennials (18-34 in 2015) now number 75.4 MILLION strong, surpassing the 74.9 million Baby Boomers (ages 51-69) & Generation X population (ages 35-50 in 2015), which is expected to pass the Boomers by 2028. Contrary to popular belief amongst Millennials, Y’s won’t dominate the generational U.S. landscape forever, unless however… Y’s create an App for that!
Y domination is expected to peak in 2036 at 81.1 million, at which point the oldest millennials will just be etching on 56 years of age… Wonder Y? Well, mortality is expected to outweigh net immigration gains, dipping the population just below 80 million, says Pew. By 2050 there will be a projected 79.2 million Millennials.
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Baby Boomers, are part of the generation boom in the U.S. following World War II – since they are a bit older, their numbers are shrinking… In case you are wondering Boomers also happen to be parents of Millennials. But since most immigrants coming into the U.S. are members of the Millennial generation, the population centered in that gap continues to grow, without older immigrants expanding the ranks of Boomers in the population, Millennials are expected to hold rank for the next 8 to 10 years!

Traditionally, Baby Boomers have had an outsized presence in comparison with other generations. They were formally the largest generation, which peaked in 1999 at 78.8 Million, with an estimated 74.9 million Boomers in 2015.

Generations are analytical constructs, Pew Research Center established that the oldest “Millennial” was born in 1981 and Pew continues to assess demographic, attitudinal habits and culture to help establish when the youngest Millennial was born… this analysis assumes the youngest Millennial was born in 1997.

The generational span of Millennials is 17 years; with the average annual birth rate during the years when Millennials were born, sustaining 3.9 million during the 1980s and 1990s.

Congrats Y’s … We Did It!

Now they HAVE to listen to us!