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The study also found that millennials in the 70th-percentile of income earners are on track to reach a sustainable replacement rate of 66%, while baby boomers at the same income level are on track ...
From there, the midpoint birth year of each generation was used for comparison: 1955 for baby boomers, 1972 for Generation X, 1988 for millennials and 2004 for Generation Z.
Data from the National Center for Health Statistics shows that about 62 million millennials were born in the United States, compared to 55 million members of Generation X, 76 million baby boomers, and 47 million from the Silent Generation. Between 1981 and 1996, an average of 3.9 million millennial babies were born each year, compared to 3.4 ...
If you’re a millennial, it probably won’t shock you to learn the average salary of a millennial today is an estimated 20% lower than that of a baby boomer.
A 2016 survey by Barna and Impact 360 Institute on about 1,500 Americans aged 13 and up suggests that the proportion of atheists and agnostics was 21% among Generation Z, 15% for millennials, 13% for Generation X, and 9% for Baby Boomers. 59% of Generation Z were Christians (including Catholics), as were 65% for the millennials, 65% for ...
Millennials (born 1981-1996) and Generation X (born 1965-1980) aren't often compared. Although the two generations share much in common, Gen X can be overshadowed by the baby boomers who precede ...
For comparison, this number was 12% for Generation X and 5% for the Baby Boomers. [60] While millennials are well known for taking out large amounts of student loans, these are actually not their main source of non-mortgage personal debt, but rather credit card debt. According to a 2019 Harris poll, the average non-mortgage personal debt of ...
“The generational tug-of-war between millennials and baby boomers continued this year, with millennials rebounding to capture the largest share of homebuyers,” NAR’s deputy chief economist ...