by Calculated Risk on 6/26/2016 11:42:00 AM

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 44 years	50 to 54 years	50 to 54 years