Homeownership rate of householders aged 30 to 34, first quarter 2021: 48.2%
Wednesday, April 28, 2021
First-Time Homebuyer Watch: 1st Quarter 2021
Tuesday, April 27, 2021
A Few Surprises in the First 2020 Census Results
April 1, 2020, was undoubtedly one of the worst times to conduct a decennial census. Just a few weeks before Census Day, on March 13, the United States had declared a state of emergency due to the coronavirus pandemic. Businesses were closed down. States were in lockdown. Students fled college campuses and returned to their hometowns. It was a mess. That's why we've waited so long for 2020 census numbers—the Census Bureau has been busy ensuring that the "2020 census results meet our high quality standards." Yesterday, the first results were released—population counts for the nation as a whole and the 50 states.
The 2020 census counts differ from the Census Bureau's 2020 population estimates in some surprising ways...
- Population growth was greater than estimated. The Census Bureau had estimated a 2020 population of 329 million—6.7 percent more U.S. residents than in 2010. This would have made the 2010s the slowest decade of growth in U.S. history. Instead, the 2020 Census counted 331,440,281 U.S. residents as of April 1, 2020. This is nearly 2 million more than estimated, resulting in a growth rate of 7.4 percent for the decade. Consequently, the 2010s was not the slowest decade of growth in U.S. history but the second slowest. The 1930s retains its position as the decade of slowest growth, when the population grew by 7.3 percent.
- Some of the fastest-growing states did not grow quite as fast as estimated. Arizona, for example, was estimated to have grown by 16 percent over the decade, but the 2020 census reveals the state's growth to have been a smaller 12 percent, with 270,000 fewer people living in the state in 2020 than had been estimated. Similarly, Florida, North Carolina, South Carolina, and Texas came up short as well. While these states grew faster than most others, they did not grow quite as fast as estimated.
- Some of the slowest-growing states gained more people than estimated. The population of New Jersey, for example, was estimated to have grown by 1 percent between 2010 and 2020. But the 2020 census shows that New Jersey's population grew by a much larger 5.7 percent—407,700 more people than had been estimated. Similarly, rather than declining by 0.2 percent over the decade, New York State's population grew by 4.2 percent—an additional 864,000 people. The pattern is the same for Massachusetts, Michigan, and Pennsylvania.
- Only three states lost population during the decade rather than the five estimated. The losing states were Illinois (-0.1 percent), Mississippi (-0.2 percent), and West Virginia (-3.2 percent). Connecticut and New York had been estimated to lose population but instead made gains.
Monday, April 26, 2021
Educational Attainment in 2020
It used to be that men were much more likely than women to have a bachelor's degree. You can see this history in the educational attainment of men and women aged 70 or older today. There is a hefty 10 percentage-point gap in bachelor's degree attainment between older men and women. Over the decades, women not only caught up to men in the pursuit of a college degree but surpassed them. Among 25-to-34-year-olds, women are 9 percentage points more likely than men to have a bachelor's degree—almost as big a gap as among those aged 70 or older, but in the opposite direction.
| total | men | women | difference | |
|---|---|---|---|---|
| Aged 25-plus | 37.5% | 36.7% | 38.3% | 1.7 |
| Aged 25 to 29 | 39.2 | 34.7 | 43.8 | 9.0 |
| Aged 30 to 34 | 43.0 | 38.7 | 47.4 | 8.7 |
| Aged 35 to 39 | 43.4 | 40.2 | 46.6 | 6.4 |
| Aged 40 to 44 | 40.9 | 37.5 | 44.2 | 6.7 |
| Aged 45 to 49 | 41.1 | 38.5 | 43.5 | 5.0 |
| Aged 50 to 54 | 38.6 | 36.9 | 40.2 | 3.3 |
| Aged 55 to 59 | 33.6 | 33.3 | 33.9 | 0.6 |
| Aged 60 to 64 | 32.6 | 32.5 | 32.7 | 0.3 |
| Aged 65 to 69 | 35.3 | 37.0 | 33.8 | -3.1 |
| Aged 70 to 74 | 34.5 | 39.9 | 29.7 | -10.2 |
| Aged 75-plus | 29.6 | 35.3 | 25.3 | -10.0 |
Thursday, April 22, 2021
Family Unemployment Doubled between 2019 and 2020
Every year the Bureau of Labor Statistics issues a report on the employment characteristics of families. The most recent report, with annual averages for 2020, compares family employment during the coronavirus pandemic with the 2019 numbers. The data come from the Current Population Survey, which defines families as two or more people who live together and are related by birth, marriage, or adoption.
The share of families with at least one unemployed member doubled between 2019 and 2020—rising from 4.9 to 9.8 percent—as the pandemic upended the job market. Hispanic families were most likely to have a family member unemployed in 2020 (14.3 percent), while white families were least likely (9.0 percent)...
Wednesday, April 21, 2021
States with the Oldest and Youngest Housing Stock
The age of the housing stock varies dramatically across the country. States with an older housing stock are those that have been densely settled for generations. States with a younger housing stock are the ones that have experienced recent rapid growth.
In the United States as a whole, 12.3 percent of housing units were built in 1939 or earlier (80-plus years ago), according to the Census Bureau's 2019 American Community Survey. But in some states, the figure is more than twice as high...
Tuesday, April 20, 2021
3.8 Million Americans Were Victims of Stalking in 2016
A new report by the Bureau of Justice Statistics (BJS) presents the latest data on victims of stalking. The report is as chilling as a Stephen King novel.
The stalking data were collected by the 2016 Supplemental Victimization Survey of the National Crime Victimization Survey. The BJS defines stalking as "repeated unwanted contacts or behaviors that either cause the victim to experience fear or substantial emotional distress or that would cause a reasonable person to experience fear or substantial emotional distress."
In the past 12 months, 3,788,800 U.S. residents aged 16 or older reported being stalked. That's 1.5 percent of the population who experienced either traditional stalking, technology stalking, or both. The BJS defines traditional stalking as "sneaking into, waiting at, or showing up at a place; leaving or sending unwanted items; or harassing friends or family about the victim's whereabouts." Technology stalking is defined as "making unwanted phone calls, leaving voice mail messages, or sending text messages; spying using technology; tracking the victim's whereabouts with an electronic tracking device or application; posting or threatening to post unwanted information on the internet; sending emails or messages using the internet; or monitoring activities using social media."
Got goosebumps?
Nearly half of stalking victims are stalked in both ways—traditionally and with technology. Among the 2.5 million who were stalked traditionally, 59 percent said the offender followed them and watched them—the single most common traditional stalking behavior. Among the 3.1 million who were stalked with technology, the most common stalking behavior was excessive calling (phone calls/voice messages/text messages), reported by 67 percent.
Women (2.0 percent) are twice as likely as men (0.9 percent) to be victims of stalking. Young adults aged 20 to 24 are more likely to be victims (2.3 percent) than those in any other age group. The divorced (2.8 percent) or separated (3.7 percent) are much more likely to be stalked than the married (0.8 percent).
Who is doing all this stalking? Ex-partners make up the single largest offender group (21 percent). But offenders can be acquaintances or relatives of a spouse or ex-spouse (10 percent), professional acquaintances (8 percent), roommates or neighbors (7 percent), and even strangers (17 percent).
Sixty-two percent of victims report that the stalking has stopped, with 51 percent saying they took measures to stop it. These measures included blocking their phone number or getting a new phone/computer (23 percent), moving (8 percent), or getting a restraining order (5 percent). Police intervention did the trick for 7 percent of victims. Another 5 percent said the behavior stopped because the offender was arrested/incarcerated. Not all victims of stalking are this lucky, however. For a substantial 28 percent, the stalking is ongoing.
Source: Bureau of Justice Statistics, Stalking Victimization, 2016
Monday, April 19, 2021
60% of Americans Say Marijuana Should Be Legal for Medical and Recreational Uses
The legalization of marijuana is supported by the great majority of Americans. Fully 92 percent of adults say marijuana should be legal at least for medical purposes and 60 percent say it should be legal for medical and recreational uses, according to a Pew Research Center survey.
The percentage who favor the legalization of marijuana for medical and recreational purposes is highest among younger adults, reports Pew. But even among people aged 65 to 74, the 53 percent majority favor legalization not just for medical purposes but also for recreational use...
Thursday, April 15, 2021
Rural Resistance to the Covid Vaccine
Americans who live in rural areas are more resistant to getting the Covid-19 vaccine than urban or suburban residents, according to a Kaiser Family Foundation survey fielded March 15-29, 2021. While 10 percent of urban residents and 13 percent of suburban residents say they will "definitely not" get the vaccine, the figure is a much higher 21 percent among adults who live in rural areas.
The Kaiser survey explored vaccine resistance in rural America by the characteristics of residents. Here are some of the findings...
Wednesday, April 14, 2021
Black Homeownership in 2020 Is below 2000 Level
The overall homeownership rate was lower in 2020 than in 2000, according to the Census Bureau's Housing Vacancy Survey. But a look at homeownership rates by race and Hispanic origin reveals that Blacks lost ground between 2000 and 2020 while Asians, Hispanics, and non-Hispanic whites made gains...
| 2020 | 2000 | change | |
|---|---|---|---|
| Total households | 66.6% | 67.4% | -0.8 |
| Asians | 60.3 | 52.8 | 7.5 |
| Blacks | 45.3 | 47.2 | -1.9 |
| Hispanics | 50.1 | 46.3 | 3.8 |
| Non-Hispanic whites | 75.0 | 73.8 | 1.2 |
Tuesday, April 13, 2021
A Decade of Tech Adoption
Pew Research Center has been tracking internet use and technology adoption for more than two decades. Its latest survey was fielded in February 2021. Here's a look at how much things have changed during the past 10 years...
| 2021 | 2011 | |
|---|---|---|
| Internet | 93% | 79% |
| Smartphone | 85 | 35 |
| Broadband at home | 77 | 62 |
| Desktop/laptop computer | 77 | 75 |
| Tablet computer | 53 | 10 |
Monday, April 12, 2021
Nearly One in Five Households Has Medical Debt
The most comprehensive look at the characteristics of Americans with medical debt is available from the Census Bureau's Survey of Income and Program Participation (SIPP). The 2018 SIPP included new questions about medical debt, asking respondents whether, in the past year, they had medical bills they were unable to pay in full.
Overall, 19 percent of households had medical bills they were unable to pay in 2017, the Census Bureau reports. Here are the percentages by age group...
Thursday, April 08, 2021
47% Have Received at Least One Dose of Vaccine
Nearly half of American adults have now received at least one dose of a Covid-19 vaccine, according to the Census Bureau's Household Pulse Survey. The latest numbers were collected March 17-29. The 47 percent who reported having gotten a jab in the last two weeks of March was up substantially from the 34 percent who reported having done so in the first two weeks of the month.
Wednesday, April 07, 2021
The Growing Partisan Divide on Climate Change
Since 2016, the public's attitudes toward global warming have frozen, according to Gallup. But that doesn't mean things haven't changed. "This stability masks growing divergence between Republicans and Democrats," Gallup reports.
Overall, the 59 percent majority of Americans say the effects of global warming have already begun, identical to the share who said so in 2016. But Democrats are more likely and Republicans less likely to feel this way...
Percent who say the effects of global warming have already begun
| 2020 | 2016 | change | |
|---|---|---|---|
| Total 18-plus | 59% | 59% | 0 |
| Democrats | 82 | 77 | +5 |
| Republicans | 29 | 40 | -11 |
Tuesday, April 06, 2021
Covid-19: Third Leading Cause of Death in 2021
Remember all the fanfare last week when the CDC announced that Covid-19 was the third leading cause of death in the United States in 2020? It took seven months for Covid to climb to the number-three spot on the top-10 cause of death list last year.
This year, it took only three months. Covid-19 is already the third leading cause of death in 2021. More than 209,000 Americans have died from Covid through April 4 of this year. Let's hope vaccinations and mitigation will prevent Covid from rising even higher on the list in 2021.
Source: CDC, Covid Data Tracker
Monday, April 05, 2021
Homeownership in 2020 Is below 2000
The 2000s have not been good for homeownership—so far, at least. The 66.6 percent homeownership rate of 2020 was below the 67.4 percent rate of 2000—not only nationally, but in almost every age group and in 30 of 50 states, according to the Census Bureau's Housing Vacancy Survey.
We all know how this happened—the housing bubble, the collapse of the housing market, the Great Recession, and the long recovery. During the bubble, the nation's homeownership rate climbed to an all-time high of 69.0 percent in 2004. In the slow recovery from the Great Recession, the homeownership rate fell for years. It hit a post-Great Recession low of 63.4 percent in 2016. Since then, the rate has been inching back up each year.
| 2020 | 2000 | change | |
|---|---|---|---|
| U.S. total | 66.6% | 67.4% | -0.8 |
| Under age 25 | 25.7 | 21.7 | 4.0 |
| Aged 25 to 29 | 35.3 | 38.1 | -2.8 |
| Aged 30 to 34 | 49.1 | 54.6 | -5.5 |
| Aged 35 to 39 | 60.0 | 65.0 | -5.0 |
| Aged 40 to 44 | 65.5 | 70.6 | -5.1 |
| Aged 45 to 49 | 68.8 | 74.7 | -5.9 |
| Aged 50 to 54 | 73.2 | 78.5 | -5.3 |
| Aged 55 to 59 | 74.9 | 80.4 | -5.5 |
| Aged 60 to 64 | 78.2 | 80.3 | -2.1 |
| Aged 65 to 69 | 79.6 | 83.0 | -3.4 |
| Aged 70 to 74 | 82.1 | 82.6 | -0.5 |
| Aged 75-plus | 79.0 | 77.7 | 1.3 |
Thursday, April 01, 2021
11% of All Deaths in 2020 Due to Covid-19
It's official. Covid-19 was the third leading cause of death in the United States in 2020. The CDC's provisional count of deaths by cause in 2020 show Covid-19 behind only heart disease and cancer. Covid replaced suicide on the top-10 cause of death list, the CDC reports. Covid was the underlying or contributing cause of 377,833 deaths—11 percent of all deaths during the year.
With Covid boosting deaths, the total number of deaths in 2020 exceeded the 2019 number by more than 500,000—an 18 percent increase. The overall age-adjusted mortality rate increased 16 percent.
Source: CDC, Provisional Mortality Data—United States, 2020
Wednesday, March 31, 2021
Membership in Religious Congregations Falls below 50%
The percentage of Americans who belong to a religious congregation fell below 50 percent in 2020, according to a Gallup survey. This is the first time the figure has fallen below 50 percent since Gallup started asking the question in 1937. In 2020, only 47 percent of Americans aged 18 or older answered "yes" when asked, "Do you happen to be a member of a church, synagogue or mosque?"
Membership in religious congregations peaked in the years following World War II, when 76 percent of Americans aged 18 or older were members. The figure remained near the 70 percent level until the 2000s when it began a steady decline.
Gallup notes that the decline "appears largely tied to population change, with those in older generations who were likely to be church members being replaced in the U.S. adult population with people in younger generations who are less likely to belong." Gallup has aggregated three of the most recent years of data to show membership by generation...
Tuesday, March 30, 2021
Most Young Adults Have "Mental Health Symptoms"
The mental health of millions of Americans has been adversely affected by the coronavirus pandemic. Young adults have been hit the hardest. This makes sense, since young adults are the ones whose lives have been disrupted the most. Their college classes are remote, their career prospects put on hold, their friends and potential romantic partners socially distanced.
The Census Bureau has been tracking the mental health of the population in its biweekly Household Pulse Survey. A CDC analysis of the survey's mental health data reveals two worrisome facts: the mental health of Americans was not all that great in August, and between August and February it has gotten worse.
Here's what the Household Pulse Survey asks: How often in the past seven days have you felt 1) nervous, anxious, or on edge; 2) unable to stop or control worrying; 3) little interest or pleasure in doing things; 4) down, depressed, or hopeless? Respondents who reported experiencing one or more of these feelings on most of the past seven days were classified as having mental health symptoms.
In August 2020, a substantial 36.4 percent of adults aged 18 or older were classified as having mental health symptoms, according to the CDC study. By February 2021, the figure had grown to 41.5 percent—a statistically significant increase.
Monday, March 29, 2021
Who's Online "Almost Constantly"
Are you online almost constantly? Every few years Pew Research Center asks Americans how frequently they go online. In 2021, nearly one-third (31 percent) told Pew they were online "almost constantly," up from 21 percent who reported this frequency in 2015. Here is the frequency with which Americans go online...
Source: Pew Research Center, About Three-in-Ten U.S. Adults Say They Are "Almost Constantly" Online
Thursday, March 25, 2021
34% Have Received At Least One Dose of Vaccine
Vaccination rates continue to rise. As of mid-March, 34 percent of the population aged 18 or older had received at least one dose of a Covid-19 vaccine, according to the Census Bureau's Household Pulse Survey. This is up from 25 percent in the previous survey fielded during the last two weeks of February.
Wednesday, March 24, 2021
Homeschooling Surges during Pandemic
Homeschooling has "exploded" during the coronavirus pandemic, according to a report by the Census Bureau. And by homeschooling, the Census Bureau does not mean remote learning. Rather, it is homeschooling through "pandemic pods," stand-alone virtual schools, or homeschooling organizations.
Before the pandemic, just 3.3 percent of households with school-aged children participated in homeschooling. By the spring of 2020 (April 23-May 5), the figure had grown to 5.4 percent, according to the Census Bureau's Household Pulse Survey. By the fall of 2020 (September 30-October 12), a substantial 11.1 percent reported homeschooling their children.
No state had a homeschooling rate of 10 percent or higher in the spring of 2020. At that time, the homeschooling rate was highest in Alaska (9.6 percent of households with school-aged children), followed by Delaware (8.9 percent), California (8.6 percent), Oregon (8.3 percent), and Montana (8.2 percent).
By the fall of 2020, the homeschooling rate had climbed above 10 percent in 32 states.
Tuesday, March 23, 2021
One-Way Commute to Work Hit a Record High in 2019
The time it takes Americans to commute to work hit a record high in 2019, just before start of the coronavirus pandemic. The average one-way commute climbed to 27.6 minutes, up from 25.0 minutes in 2006. Since 2006, commuting time has increased in every year except 2009. Lest you think the pandemic is going to burst this bubble because so many are working from home, the data on commuting time is collected only from workers who do not work from home.
Only 12 percent of workers report a one-way commute time of less than 10 minutes, down from 15 percent who said so in 2006. Another 10 percent of workers say their commute time is 60 minutes or more, up from 8 percent in 2006.
The longest one-way commute is experienced by those who ride a long-distance train, commuter rail, or ferry—71.2 minutes. The shortest commute is for those who walk. Here are one-way commute times in 2019 by mode of transportation...
Monday, March 22, 2021
Small Business Pessimism Drops Below 50%
For the first time in nine months, the percentage of small businesses expecting the worst from the coronavirus pandemic has fallen below 50 percent, according to the Census Bureau's Small Business Pulse Survey. That's progress.
The weekly Small Business Pulse survey asks businesses how long they think it will take before their business operations return to normal. During the week of March 8-14, slightly fewer than half of the nation's small businesses (49.5 percent) said it would take more than six months for them to return to normal, or their operations would never return to normal, or their business had permanently closed. This measure of pessimism has exceeded 50 percent since the week of June 7-13. The drop below 50 percent, although tiny, suggests economic conditions may be changing for the better.
Thursday, March 18, 2021
Only 34% of Young Adults Have Cable/Satellite TV
Most Americans still subscribe to cable or satellite television, according to a Pew Research Center survey, but the share has fallen steeply in recent years. Only 56 percent of adults watch television via cable or satellite today, down from 76 percent who did so in 2015.
Wednesday, March 17, 2021
Ten Largest Ancestries in the United States
Americans are a melting pot of ancestries, according to the Census Bureau's American Community Survey (ACS). Each year the survey asks a representative sample of Americans to identify their ancestry, with multiple responses allowed. Here are the ten largest ancestry groups, according to the 2019 ACS...
Tuesday, March 16, 2021
Generations Differ in Experience of Coronavirus
The great majority of Americans know someone who has had Covid-19. Fully 77 percent of adults personally know someone who has been sick with coronavirus, according to an NPR/PBS NewsHour/Marist Poll fielded March 3-8. The figure does not vary much by demographic characteristic except for one—generation.
Counter to what you might expect, the oldest Americans are the ones least likely to know someone who has been sick with Covid-19. Just 54 percent of people aged 75 or older know someone who has come down with coronavirus. At the other extreme, 85 percent of Gen Xers know someone who got Covid—more than any other generation.
The pattern is the same for coronavirus deaths. Overall, more than one-third of Americans (36 percent) personally know someone who died from coronavirus. The figure ranges from a low of 29 percent among the oldest adults to a high of 41 percent among Gen Xers.
| Know someone | sick with Covid | died of Covid |
|---|---|---|
| Total adults (18-plus) | 77% | 36% |
| Gen Z/Millennials (18-39) | 80 | 33 |
| Generation X (40-55) | 85 | 41 |
| Baby Boomers (56-74) | 75 | 39 |
| Silent Generation (75-plus) | 54 | 29 |
Monday, March 15, 2021
Mushrooming Trouble
This is no joke, according to the CDC. Each year, 7,500 mushroom incidents are reported to poison control centers in the United States. To get a better handle on the problem, the CDC analyzed data on emergency department visits and hospitalizations due to poisonous mushrooms. Here are some of the findings...
- In 2016, there were 1,328 emergency department visits and 100 hospitalizations associated with "accidental poisonous mushroom ingestion."
- 41% of those who visited an emergency department after ingesting poisonous mushrooms were children under the age of 18.
- Males accounted for 63% of those who visited an emergency department after ingesting poisonous mushrooms.
- The 37% plurality of emergency department visits occurred in the West.
- Among those diagnosed with ingesting poisonous mushrooms during 2016–18, 36% had gastrointestinal symptoms, 18% neurological/behavioral symptoms, and 17% cardiac symptoms.
- 8% of those diagnosed with ingesting poisonous mushrooms were involved with hallucinogenic drug use.
"Given the potential severity and preventable nature of most poisonous mushroom ingestions, wild mushrooms should not be consumed unless identified by an expert," the CDC concludes.
Thursday, March 11, 2021
First Time Ever: Life Expectancy by State
For the first time ever, the National Center for Health Statistics has released a report estimating life expectancy by state. The estimates are for 2018, with plans to produce the state estimates annually.
The report reveals big differences by state in life expectancy at birth and at age 65. Hawaii is number one on both measures, with a life expectancy at birth of 81.0 years and at age 65 of 21.1 years. Life expectancy at birth bottoms out in West Virginia, at 74.4 years. Kentucky is last among the states in life expectancy at age 65—just 17.5 years. Here are the top and bottom states for life expectancy at birth...
| Top 10 | Bottom 10 | ||
|---|---|---|---|
| 1. Hawaii | 81.0 | 42. Missouri | 76.6 |
| 2. California | 80.8 | 43. South Carolina | 76.5 |
| 3. New York | 80.5 | 44. Arkansas | 75.6 |
| 4. Minnesota | 80.5 | 45. Oklahoma | 75.6 |
| 5. Connecticut | 80.4 | 46. Louisiana | 75.6 |
| 6. Massachusetts | 80.1 | 47. Tennessee | 75.5 |
| 7. Washington | 80.0 | 48. Kentucky | 75.3 |
| 8. Colorado | 80.0 | 49. Alabama | 75.1 |
| 9. New Jersey | 79.8 | 50. Mississippi | 74.6 |
| 10. Rhode Island | 79.8 | 51. West Virginia | 74.4 |
Wednesday, March 10, 2021
25% Have Received at Least One Dose of Vaccine
Twenty-five percent of Americans aged 18 or older had received at least one dose of a Covid vaccine as of the end of February, according to the Census Bureau's Household Pulse Survey. This figure is up from 18 percent in the prior survey, which was fielded during the first two weeks of February. Among people aged 65 or older, the 55 percent majority have now received at least one dose of a Covid vaccine. Here are vaccination rates by age group...
Tuesday, March 09, 2021
Homeownership by Age in 2020
Take these numbers with a grain of salt. The homeownership rate climbed to 66.6 percent in 2020—two whole percentage points above the 64.6 percent of 2019, according to the Census Bureau's Housing Vacancy Survey (HVS). The homeownership rate increased in every age group.
BUT, the 2020 homeownership rates are distorted by the coronavirus pandemic. The HVS's in-person interviews were suspended for a good portion of the year, and survey response rates plummeted—a bigger plunge for some groups than for others. The homeownership rates of 2020 were likely boosted by the presumed higher response rates of homeowners than renters during the year. In its HVS Covid-19 impact statement, the Census Bureau cautions against comparing second, third, and fourth quarter 2020 data with previous quarters. The same applies to the 2020 annual statistics, which were released today.
Nevertheless, a comparison of 2020 homeownership rates with the rates in 2004 provides plenty of food for thought. Why 2004? That was the year when the overall homeownership rate in the United States peaked at 69.0 percent. Sixteen years later, we are still far below that peak—even if you accept 2020's homeownership rates at face value.Homeownership rate by age of householder, 2004 and 2020 and percentage point change
| 2020 | 2004 | change | |
|---|---|---|---|
| Total households | 66.6% | 69.0% | -2.4 |
| Under age 25 | 25.7 | 25.2 | 0.5 |
| Aged 25 to 29 | 35.3 | 40.2 | -4.9 |
| Aged 30 to 34 | 49.1 | 57.4 | -8.3 |
| Aged 35 to 39 | 60.0 | 66.2 | -6.2 |
| Aged 40 to 44 | 65.5 | 71.9 | -6.4 |
| Aged 45 to 49 | 68.8 | 76.3 | -7.5 |
| Aged 50 to 54 | 73.2 | 78.2 | -5.0 |
| Aged 55 to 59 | 74.9 | 81.2 | -6.3 |
| Aged 60 to 64 | 78.2 | 82.4 | -4.2 |
| Aged 65-plus | 80.0 | 81.1 | -1.1 |
Monday, March 08, 2021
First Class Mail Volume Down 49%
The internet has not been kind to the United States Postal Service. First-class mail is just a shadow of its former self.
First-class mail volume peaked in 2001 at 104 billion pieces, according to the USPS. By 2020, volume had fallen to just 53 billion—a 49 percent decline. Most of the decline occurred in the five years following the introduction of the smartphone in 2007.
Wednesday, March 03, 2021
Who Will "Definitely Not" Get the Covid-19 Vaccine?
A stubborn 15 percent of Americans aged 18 or older say they will "definitely not" get the Covid vaccine, according to a Kaiser Family Foundation survey fielded February 15-23. Another 7 percent say they will only get the vaccine "if required for work, school, or other activities." Here's a look at the naysayers...
Tuesday, March 02, 2021
Facts about the Minimum Wage in 2020
The federal minimum wage is $7.25/hour, a level unchanged since 2009.
Most states now have a minimum wage higher than the federal minimum.
Among all workers paid by the hour, 1.5 percent earned the minimum or less—1.1 million workers in 2020.
Among workers paid minimum wage or less, 43 percent are in the prime working age group of 25 to 54.
Among workers paid the minimum wage or less, 85 percent have a high school diploma or more education.
Among workers paid the minimum wage or less, 60 percent work in the leisure and hospitality industries. Among workers paid by the hour in the leisure and hospitality industries, 8 percent earn the minimum wage or less.
Monday, March 01, 2021
Nearly 1 Million Same-Sex Couple Households
There were 980,000 same-sex couple households in the United States in 2019, according to the Census Bureau's American Community Survey. The 58 percent majority of these households are married couples, and 42 percent are unmarried partners.
By state, North Dakota has the smallest percentage of same-sex couple households as a share of all coupled households (0.5 percent). The District of Columbia has the largest percentage (7.1 percent).
By metropolitan area, San Francisco is number one. In the San Francisco metro area, 2.8 percent of all coupled households are same-sex couples. The other metros on the top-10 list are Portland, Seattle, Orlando, Austin, Miami, Boston, Denver, Phoenix, and Baltimore.
These percentages will grow in the years ahead as more Americans feel free to identify as LGBT because of changing attitudes. According to a recent Gallup survey, 5.6 percent of all Americans aged 18 or older identified as LGBT in 2020. This is up from 3.9 percent in 2015. Self-identification as LGBT increases with each succeeding younger generation. Among Baby Boomers, only 2.0 percent identify as LGBT. The figure is 3.8 percent among Gen Xers, 9.1 percent among Millennials, and 15.9 percent among Gen Z.
Source: Census Bureau, Same-Sex Couple Households: 2019
Thursday, February 25, 2021
Vaccination Rates by Age, February 3-14
The vaccination rate is slowly rising. As of mid-February, 18 percent of Americans aged 18 or older had received at least one dose of a Covid vaccine, according to the Census Bureau's Household Pulse Survey. This is up from 13 percent in the prior survey, which was fielded during the last two weeks of January. Here are vaccination rates by age group...
Wednesday, February 24, 2021
Less Educated Counties are Falling Behind
The U.S. population is getting better educated. But only in some places and not in others. Among the nation's 3,138 counties, the 58 percent majority are becoming better educated. The remaining 42 percent are educationally stagnant—they have not experienced a statistically significant increase in educational attainment over the past decade, according to a Census Bureau analysis of five-year American Community Survey data from 2005–09 to 2015–19.
Forty-two percent is a lot of counties—more than 1,000. The bad news doesn't stop there. A disproportionate share of the stagnant counties were the least educated to begin with. This means there is a growing gap between counties not only in educational attainment, but also in the economic opportunities that accrue to educated populations.
To do its analysis, the Census Bureau divided counties into two educational attainment groups. The measure of educational attainment was the percentage of county residents aged 25 or older with a bachelor's degree in 2005–09. For all counties at the time, 18.7 percent of residents aged 25 or older had a bachelor's degree. One educational attainment group consisted of all counties that fell below this threshold. The other group was all counties above this threshold. Now for the analysis: among the counties that fell below this threshold in 2005–09, only 49.8 percent experienced an increase in educational attainment by 2015–19. Among the counties that were above this threshold in 2005–09, a much larger 78.6 percent experienced an increase in educational attainment during the next 10 years.
This is not good news for stagnant counties. It means the socioeconomic gap between counties is growing, the rural-urban divide is widening, and struggling counties will find economic prosperity even more elusive.
The coronavirus pandemic will only exacerbate these problems. Recently released Bureau of Labor Statistics projections of the labor force impact of the pandemic show jobs disappearing for less-educated Americans. The number of jobs available for those without a high school diploma is projected to drop 2.3 percent between 2019 and 2029 because of the pandemic, according to a New York Times analysis of the Bureau of Labor Statistics' Covid-impact projections. Pre-Covid, these jobs had been projected to grow. The number of jobs available to those with a high school diploma and no further education will inch up by only 0.1 percent in the decade ahead, far less growth than foreseen pre-Covid. At the other extreme, Covid will boost job growth for the better educated. For those with a bachelor's degree, jobs will increase 6.7 percent—a bit more than forecast pre-Covid. Similarly, the job market for people with a graduate degree will expand 9.7 percent during the decade, also above the pre-Covid forecast.
All this means we need to prepare for more friction, more turmoil—political and otherwise—between educationally stagnant and educationally advancing counties as these trends unfold.
Source: Census Bureau, Bachelor's Degree Attainment in the United States: 2005 to 2019
Tuesday, February 23, 2021
Boomers Still Have A Grip on Congress
The Baby-Boom generation dominates both the U.S. House of Representatives and the Senate. According to an analysis of the 117th Congress by Pew Research Center, Boomers account for the 53 percent majority of the House and for an even larger 68 percent of the Senate...
Monday, February 22, 2021
What Covid Will Do to Jobs
This has been a helluva year for those who work with demographic and economic statistics. Everything is topsy turvy. The usually dependable government data released over the past 12 months—household income and spending data, time use estimates, and net worth assessments—was either collected before the pandemic, making the findings irrelevant, or collected during the pandemic and tainted by survey anomalies such as low response rates.
The Bureau of Labor Statistics' employment projections for 2019-29, released last September, are no exception. The BLS based the projections on pre-Covid labor force and economic assumptions. Consequently, they raise more questions than they answer. How would Covid impact the labor force in the decade ahead? How would Covid change industries and occupations?
Now the BLS has addressed some of those questions. In a Monthly Labor Review article, BLS economists estimate the impact of the pandemic on industries, occupations, and employment. The analysis compares the baseline projections for the next 10 years, released in September, with two alternate scenarios—a moderate Covid impact and a severe Covid impact. With a few exceptions, the BLS economists show that the biggest Covid impacts will be strengthening ongoing trends rather than reversing them.
Cashiers are one example. In the baseline series, this occupation was projected to be the one losing the largest number of jobs between 2019 and 2029—a loss of 265,000. Because of Covid, the job losses will be even greater. In the moderate-impact scenario, the number of people employed as cashiers will fall by 511,000 between 2019 and 2029. In the severe-impact scenario, the number will fall by 714,500. "Checkout automation is expected to accelerate because of the pandemic," say the BLS economists.
Information security analysts are at the other extreme. In the baseline projections, this occupation ranked as one of the 10 fastest growing, with a 31 percent increase in jobs between 2019 and 2029. Because of Covid, these jobs will increase even faster—up 42 to 43 percent in the moderate and severe scenarios, respectively. "The increase in telework and robust demand for work-related digital security are expected to make these analysts the fourth-fastest growing occupation in either alternate scenario," the BLS economists report.
Because of the pandemic, jobs in medical research also are projected to grow rapidly in the decade ahead. "Both the public and private sectors will likely pay greater attention to pandemic preparedness going forward," the study's authors report. This explains why the number of epidemiologists, which had been projected to increase by a modest 5 percent in the baseline projections, is projected to expand by a much larger 31 percent because of Covid.
Source: Bureau of Labor Statistics, Monthly Labor Review, Employment Projections in a Pandemic Environment
Thursday, February 18, 2021
1.0 Year Decline in Life Expectancy, January-June 2020
Yep, it happened. As projected by a study in the Proceedings of the National Academy of Sciences, the coronavirus pandemic resulted in a 1.0 year decline in life expectancy in the first six months of 2020. One year may not sound like a lot, but it is the biggest decline since World War II, the New York Times reports.
Life expectancy at birth in the United States fell to 77.8 years in the first half of 2020—one full year below the 78.8 year life expectancy of 2019, according to the National Center for Health Statistics. Here are the declines in life expectancy at birth by sex, race, and Hispanic origin...
Wednesday, February 17, 2021
62% of Adults Are Cellphone Only
When Steve Jobs unveiled the first Apple iPhone on January 29, 2007, only 13 percent of adults lived in a "wireless-only" household—meaning a household with only cellphones and no landline phone. Today, wireless-only households are by far the norm. In January-June 2020, the 62 percent majority of adults aged 18 or older lived in a household with cellphones and no landline phone, according to the National Center for Health Statistics. Here are the percentages of adults who lived in a wireless-only household in January-June 2020 (versus 2007)...
| 2020 | 2007 | |
|---|---|---|
| Total, 18-plus | 61.8% | 12.6% |
| Aged 18 to 24 | 72.6 | 27.9 |
| Aged 25 to 29 | 80.4 | 30.6 |
| Aged 30 to 34 | 83.0 | 12.6* |
| Aged 35 to 44 | 74.5 | 12.6* |
| Aged 45 to 64 | 58.5 | 7.1 |
| Aged 65-plus | 35.0 | 2.0 |
Tuesday, February 16, 2021
Urban Exodus? Not So Fast
Did the coronavirus pandemic really cause Americans to flee the cities? This notion has been bandied about by the media for months, but the evidence has been more anecdotal than factual. Now we have the facts, thanks to Stephan D. Whitaker, an economist at the Federal Reserve Bank of Cleveland.
Whitaker analyzed data from the Federal Reserve Bank of New York/Equifax Consumer Credit Panel. The addresses of borrowers in the Equifax data are updated monthly and are as geographically detailed as census tracts. This kind of detail allowed Whitaker to examine migration into and out of urban neighborhoods, which he defined as census tracts in metropolitan areas with populations of 500,000 or more and a population density of at least 7,000 people per square mile or most of the housing in the tract was built before World War II. He studied migration flows into and out of urban neighborhoods from March through September 2020 and compared them to migration flows during the same months in 2017, 2018 and 2019.
So, was migration out of urban neighborhoods greater in 2020 than in the earlier years? Yes. Out-migration from urban neighborhoods averaged 276,000 per month from March through September 2020—or 10,000 more out-migrants per month in 2020 than in 2017–19. But that's not the whole story. In fact, it's not even the bigger story. This is the bigger story: the number of people moving into urban neighborhoods decreased more than the the number of people moving out of urban neighborhoods increased. There were an average of 18,000 fewer in-migrants to urban neighborhoods per month in 2020 than in the earlier years compared with the 10,000 per month increase in out-migrants.
"The estimates presented here strongly suggest that migration flows were unfavorable for urban neighborhoods during 2020," concludes Whitaker. But use of the term "exodus" to describe the change is not accurate, he says. Rather than an exodus out of urban neighborhoods, the bigger migration story of 2020 was the decline in the number of migrants moving into urban neighborhoods. "What is certain is that hundreds of thousands of people who would have moved into an urban neighborhood in a typical year were unwilling or unable to do so in 2020."
Source: Federal Reserve Bank of Cleveland, Did the Covid-19 Pandemic Cause an Urban Exodus?
Thursday, February 11, 2021
21 Million Say No to Covid Vaccine
The percentage of the population that has received at least one shot of a Covid vaccine climbed from 8 percent in mid-January to 13 percent in late January, according to the Census Bureau's Household Pulse Survey. Among people aged 65 or older, 21 percent have received at least one shot of the vaccine.
There's still a long way to go. Fully 215 million American aged 18-plus have not yet received even one shot of a vaccine. Among them, the majority says it "will definitely" get a vaccine...
Wednesday, February 10, 2021
The Demographics of the Viral Stock Frenzy
How many Americans bought GameStop or other viral stock during the speculative trading frenzy in January? According to a Yahoo Finance-Harris Poll, an astonishing 28 percent of Americans participated.
Though GameStop was the poster child of the frenzy, it was not the most popular stock purchase. The number-one spot belonged to AMC Entertainment. Among those who purchased viral stock in January, 35 percent purchased AMC, 33 percent bought GameStop, and 23 percent BlackBerry. The 53 percent majority of those who bought viral stock invested $250 or less.
The demographics of the players are what you might suspect. Men were much more likely than women to have purchased viral stocks in January—40 percent of men did so versus 16 percent of women. Younger adults were more likely to participate than older Americans. Forty percent of 18-to-44-year-olds bought viral stock in January compared with 17 percent of those aged 45 or older.
Source: The Harris Poll, Going Viral: "Meme Stocks" Win Over 1 in 4 Americans
Tuesday, February 09, 2021
College Graduates 10 Years Later
Forty percent of Millennials have a bachelor's degree, making them the best-educated generation. They are paying a steep price for those credentials. According to a National Center for Education Statistics' longitudinal survey, nearly three out of four Millennials who earned a bachelor's degree went into debt to pay for their education.
The NCES's Baccalaureate and Beyond longitudinal survey has been tracking the economic wellbeing of 2007–2008 bachelor's degree recipients. A recent NCES report examines the status of these graduates in 2018, a decade after they earned their degree. Much of the news is good. Sixty-three percent of the graduates owned a home in 2018, for example, compared with only 48 percent of the 30-to-34 age group as a whole (two-thirds of the 2007–08 cohort was under age 35). The median earnings of those who worked full-time amounted to $67,500 compared with $52,000 for all 30-to-34-year-olds with full-time jobs.
Not all the news is good, however. A substantial 20 percent of 2007–08 college graduates have a negative net worth—meaning their debts exceed their assets, the NCES reports. Among Black college graduates, 37 percent have a negative net worth. Student loans are the reason. Fully 72 percent of the 2007–08 cohort borrowed to pay for their education, owing a cumulative median of $32,116. Among Black graduates, 86 percent borrowed and they owe a larger $51,395. Most of the 2007–08 cohort (55 percent) is still repaying those loans, with an average monthly payment of $427.
Source: National Center for Education Statistics, Baccalaureate and Beyond: First Look at the 2018 Employment and Educational Experiences of 2007–08 College Graduates
Monday, February 08, 2021
The Demographics of the Insurrection
Who attacked the U.S. Capitol on January 6? Knowing who they are is just as important as knowing their ideology and beliefs, according to University of Chicago political scientists Robert A. Pape and Keven Ruby. The two researchers analyzed the demographics of 193 individuals arrested for entering the U.S. Capitol or breaking into the Capitol grounds on January 6.
Thursday, February 04, 2021
Kind of a Drag
Despite being more educated than any other generation, Millennials are having a tough time. They are highly educated but burdened by student debt. They graduated from college into the difficult job market following the Great Recession. Because of their financial hardships, they delayed marriage and homeownership. Consequently, Millennials have been behind older generations in their accumulation of wealth.
The Center for Retirement Research (CRR) examines the economic status of Millennials using data from the Federal Reserve Board's 2019 Survey of Consumer Finances. The CRR researchers, Anqi Chen and Alicia H. Munnell, compare the economic status of Millennials aged 28 to 38 in 2019 with Boomers and Gen Xers when they were that age. They find that older Millennials (born 1981-91) have caught up to late Boomers (1954-64) and Gen Xers (1969-79) in their income, marriage rate, homeownership, and labor force participation. But because of student loan debt, Millennial wealth still lags that of Boomers and Gen Xers.
Among Millennial householders aged 34 to 38, for example, net worth is just 70 percent of their income. This is less than the 82 percent ratio for Boomers and far below the 110 percent ratio for Gen Xers at the same age. When the researchers took a look at what was holding Millennials back, the culprit turns out to be student loans. Among Millennials aged 28 to 38, fully 40 percent have student loan debt versus just 28 percent of Gen Xers and 17 percent of Boomers at that age.
"Excluding student loans, the median net wealth-to-income ratio for the leading edge of the Millennial generation looks very similar to that for previous cohorts," Chen and Munnell report. Student debt, they conclude, is a constant drag on the Millennial balance sheet.
Source: Center for Retirement Research at Boston College, Millennials' Readiness for Retirement—A 2019 Update
Wednesday, February 03, 2021
First-Time Homebuyer Watch: 4th Quarter 2020
Homeownership rate of householders aged 30 to 34, fourth quarter 2020: 49.2%
Tuesday, February 02, 2021
Prescription Meds for Mental Health
Twenty-one percent of Americans aged 18 or older have taken a prescription medication in the past four weeks to help with their mental health, according to the Census Bureau's Household Pulse Survey. Ten percent say they have received counseling from a mental health professional in the past four weeks, and another 11 percent say they needed counseling but did not get it.
Women are far more likely than men to be on medication for mental health issues—26 percent of women reported taking medication in the past four weeks versus 15 percent of men. People who live alone are more likely to be taking medication (25 percent) than those who live with others. Interestingly, the use of medication falls with household income—from 25 percent of those with household incomes below $25,000 to just 15 percent of those with household incomes of $200,000 or more.
People who have had to borrow money from friends or family in the past 7 days to make ends meet are the ones most likely to be taking prescription medication for mental health. Fully 29 percent of these borrowers are on medication.
Source: Census Bureau, Household Pulse Survey, January 6-18
Monday, February 01, 2021
What's the Most Important Thing Children Should Learn?
What is the single most important thing children should learn to prepare them for life? The largest share of Americans (42 percent) say it is most important for children to learn to think for themselves, according to the General Social Survey (GSS). Hard work ranks second, helping others is third, obedience fourth, and popularity fifth.
Obedience has fallen in importance over the decades, as discussed in this recent post (How Many Americans Are Receptive to Fascism?) But so has thinking for oneself. More than half the public named thinking for oneself as the most important thing children should learn when the GSS first asked this question in 1986. Over the past three decades, the percentage who rate thinking for oneself as number-one has fallen by nearly 10 percentage points. Working hard and helping others have taken up the slack. The percentage who think the most important thing for children to learn is to work hard has grown by 16 percentage points since 1986, and helping others has gained 7 percentage points. The one thing that hasn't changed over the decades is the low rating for popularity. Fewer than 1 percent believe popularity is the number-one lesson children need to learn.