Two years ago, I wrote: Census Bureau: Largest 5-year Population Cohort is now the “20 to 24” Age Group.

The Census Bureau has just released the population estimates for 2015, and I’ve updated the table from the previous post (replacing 2013 with 2015 data).

The table below shows the top 11 cohorts by size for 2010, 2015 (released this month), and Census Bureau projections for 2020 and 2030.

By the year 2020, 8 of the top 10 cohorts will be  under 40 (the Boomers will be fading away), and by 2030 the top 11 cohorts will be the youngest 11 cohorts (the reason I included 11 cohorts).

There will be plenty of “gray hairs” walking around in 2020 and 2030, but the key for the economy is the population is the prime working age will be increasing.

This is very positive for housing and the economy.  Demographics are becoming more favorable!

Population: Largest 5-Year Cohorts by Year
Largest
Cohorts
2010 2015 2020 2030
1 45 to 49 years 20 to 24 years 25 to 29 years 35 to 39 years
2 50 to 54 years 25 to 29 years 30 to 34 years 40 to 44 years
3 15 to 19 years 50 to 54 years 35 to 39 years 30 to 34 years
4 20 to 24 years 55 to 59 years Under 5 years 25 to 29 years
5 25 to 29 years 30 to 34 years 55 to 59 years 5 to 9 years
6 40 to 44 years 15 to 19 years 20 to 24 years 10 to 14 years
7 10 to 14 years 45 to 49 years 5 to 9 years Under 5 years
8 5 to 9 years 10 to 14 years 60 to 64 years 15 to 19 years
9 Under 5 years 5 to 9 years 15 to 19 years 20 to 24 years
10 35 to 39 years 35 to 39 years 10 to 14 years 45 to 49 years
11 30 to 34 years 40 to 49 years 50 to 54 years 50 to 54 years

From http://feedproxy.google.com/~r/CalculatedRisk/~3/UM6KKRaHRYY/largest-5-year-population-cohorts-are.html

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