flexiblefullpage - default
Currently Reading

The Truth Behind Families' Disappearing Act From Major American Cities

Advertisement
billboard - default

The Truth Behind Families' Disappearing Act From Major American Cities


January 14, 2020
Child in moving box
child girl sitting in box for moving to new apartment. By JenkoAtaman - Adobe Stock

Single-person households are on the rise in major American cities. Although married couples are the majority demographic in most of the 200 cities analyzed by the Joint Center for Housing Studies of Harvard University, nearly half of the cities saw a jump in single-person residencies. And in 15 locations such as Washington, D.C, and Atlanta, Georgia, singles occupy more than 40 percent of households in 15 cities. Although Americans are marrying and having kids later, this increase isn’t the result of a massive wave of independent, go-getting singles who are ready to take on the world. Instead, experts think something else is going on: The price of living and housing costs associated with major cities are forcing American families out. 

Although economic growth has been decelerating, this slowdown might take second place to some disquieting new socio-demographic trends, which paint a rather bleak picture: America’s big, wealthy cities are forcing out precisely the demographics that would ensure the continuation of the developed, business-centric urban hub: the families with children.

According to an analysis of U.S. Census Bureau data by the Joint Center for Housing Studies of Harvard University:

Perhaps nothing speaks greater volume about changes in modern American life than the rise of the single-person household. A recent paper authored by Census Bureau researchers shows that a hundred years ago, fewer than six percent of all households consisted of people who lived alone. By 1940, that share had only inched upward to 7.8 percent. By 2013, at 28 percent of all households, it is now the second most common household type just behind married couples without minor children (29 percent), and well ahead of marrieds with minor children in the household (19 percent).

In the past decade, the share of single-person households went up significantly in America’s largest cities. Whether they rent or own, residents from established urban areas are increasingly living on their own. According to the 2019 National Association of Realtors, Home Buyers and Sellers Generational Trends Report, although the largest share of homebuyers is still represented by married couples – at 63% – single women are the next-highest significant cohort at a staggering 18%, followed by single males (9%).

Adding to the trend of the big city driving out one key demographic and encouraging single living, the number of unrelated people living together has gone up, as well. Defined as a multi-person household where at least one member is not related by blood, marriage, adoption or partnership to the other members, the rise in unrelated households and unrelated people sharing a home suggests that city-dwellers are moving in together in order to afford to live in their city of choice.

Read More 

Advertisement
leaderboard2 - default

Related Stories

Design

What Gen-Z Buyers Really Want in a Home

The fervor of planning for Millennials in the home building industry has now pivoted to Gen Z. So, what does this new generation want?

Demographics

Post-Pandemic Trends: Working From Home

A greater share of workers are still working from home than before the pandemic and they're concentrated in the information, professional, and financial services sectors

Demographics

Millennials on Top Again as Largest Homebuying Group

Millennials beat out Boomers as the largest homebuying cohort, according to a recent report, but Boomers remain the largest generation of home sellers

Advertisement
boombox1 -
Advertisement
native1 - default
halfpage2 -

More in Category

Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness

NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs

Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year

Advertisement
native2 - default
Advertisement
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.