Thursday, January 07, 2021

Record Low Household Growth in 2010s

The number of households in the United States grew by only 9.3 percent over the past 10 years—from 118 million in 2010 to 128 million in 2020. This is the slowest household growth on record, capped off by the first ever annual decline in households between 2019 and 2020. 

Number of households, 2010 and 2020 (in 000s)
      2020    2010percent change
Total households       128,451       117,538         9.3%
With children under 18         33,464         35,218        -5.0

The number of households with children under age 18 fell by nearly 1.8 million during the decade. Behind the decline is the ongoing baby-bust, which is predicted to deepen as coronavirus further reduces births. 

Source: Census Bureau, Families & Living Arrangements

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