Millennials Now Largest Living Generation In US
Millennials have surpassed Baby Boomers as the United States’ largest living generation, according to population estimates released this month by the U.S. Census Bureau, notes an article by the Pew Research Center. Millennials — defined as those ages 18-34 in 2015 — now number 75.4 million, surpassing the 74.9 million Baby Boomers (ages 51-69), while the Generation X (ages 35-50 in 2015) is seen overtaking the Boomers in population by 2028.
The Pew Research Center noted that the latest figures highlight that the Millennial generation continues to grow as young immigrants expand its ranks, while at the same time Boomers are older and their numbers shrinking as the number of deaths among them exceeds the number of older immigrants arriving in the country.
The Pew Research Center report additionally finds that with immigration adding more numbers to its group than any other, the Millennial population is projected to peak in 2036 at 81.1 million. After that date, the oldest Millennial will be at least 56 years of age and mortality is projected to outweigh net immigration.
By 2050 there will be a projected 79.2 million Millennials, according to the Pew Research Center.