Census: U.S. population will be older, more diverse over next half century

By the year 2060, the U.S. population will be considerably older, will grow at a slower pace and will be more ethnically diverse than it is today, according to U.S. Census projections. A news release has the details of the projected population changes but here are a few of the highlights:

Between 2012 and 2060, the population that is age 65 and older is expected to more than double, growing from 43.1 million to 92.0 million. At the same time, lower birth levels and a decrease in net international migrations will result in a slower-growing population.

The country will grow increasingly more diverse with the Hispanic and Asian populations expected to double over the next half century. The Hispanic population is expected to grow  from 53.3 million in 2012 to 128.8 million in 2060 while the Asian population will grow from 15.9 million in 2012 to 34.4 million in 2060.

“The next half century marks key points in continuing trends — the U.S. will become a plurality nation, where the non-Hispanic white population remains the largest single group, but no group is in the majority,” said Acting Director Thomas L. Mesenbourg in a news release.

Below is a chart from the U.S. Census Bureau outlining changes in diversity and the varying shares of the total U.S. population:

This entry was posted in Housing Market, Uncategorized by Stephanie Sievers. Bookmark the permalink.

About Stephanie Sievers

Stephanie Sievers is Senior Editor for the Illinois Association of REALTORS®. She serves as Senior Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.

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