Households Archive

Baby Boomers Lead Recent Household Formation

The United States Census Bureau compiles data on households through the Current Population Survey, a joint project with the U.S. Bureau of Labor Statistics. Based on the latest data, there were 124.5 million households in the U.S. in 2015....

Rising Household Formation and Employment Boost Apartment Demand

Economic performance for the second quarter of this year was upwardly revised this past week by the Bureau of Economic Analysis. Real gross domestic product (GDP) totaled $16.3 trillion, an advance of 3.7 percent at an annual rate, up...

Real Median Income and Number of Households

The visualization below shows the real median household income and the number of households since 2005 for the 50 largest metropolitan areas. We observe that the areas with the highest median household income are not the areas with the...

Relationships & Homeownership

Using data from the 2014 Profile of Home Buyers and Sellers and 2013 Home Features Survey we can break down household composition, and the relationship it has to home purchasing choices. Married Couples: Married couples had a median age...

Visualizing Geographic Mobility by Region: 2006 to 2013

Within the wider context of regional economics, geographic mobility allows households to move from one area of the country to another for such things as more attractive job opportunities or better housing options. Over a period of time, movement...