The Remarkable Recent Rebound in Household Formation and the Prospects for Future Housing Demand, Accessible Data

Figure 1.

Percent

Month Aggregate Headship Rate Living with Family
2000 Mar 50.49 17.81
2000 Apr 50.46 17.84
2000 May 50.42 17.85
2000 Jun 50.42 17.79
2000 Jul 50.49 17.68
2000 Aug 50.56 17.63
2000 Sep 50.65 17.61
2000 Oct 50.71 17.63
2000 Nov 50.76 17.64
2000 Dec 50.81 17.61
2001 Jan 50.79 17.64
2001 Feb 50.77 17.66
2001 Mar 50.71 17.68
2001 Apr 50.69 17.67
2001 May 50.70 17.63
2001 Jun 50.71 17.66
2001 Jul 50.74 17.67
2001 Aug 50.73 17.74
2001 Sep 50.70 17.84
2001 Oct 50.71 17.86
2001 Nov 50.75 17.86
2001 Dec 50.82 17.77
2002 Jan 50.86 17.75
2002 Feb 50.90 17.68
2002 Mar 50.91 17.61
2002 Apr 50.96 17.52
2002 May 50.99 17.51
2002 Jun 51.00 17.54
2002 Jul 50.98 17.60
2002 Aug 50.96 17.64
2002 Sep 50.96 17.63
2002 Oct 50.96 17.57
2002 Nov 50.96 17.54
2002 Dec 50.96 17.55
2003 Jan 50.98 17.59
2003 Feb 51.01 17.59
2003 Mar 51.02 17.62
2003 Apr 51.04 17.65
2003 May 51.00 17.73
2003 Jun 50.99 17.74
2003 Jul 50.97 17.71
2003 Aug 51.00 17.60
2003 Sep 51.03 17.52
2003 Oct 51.02 17.49
2003 Nov 51.04 17.47
2003 Dec 51.01 17.52
2004 Jan 51.03 17.54
2004 Feb 51.00 17.64
2004 Mar 50.97 17.72
2004 Apr 50.93 17.77
2004 May 50.92 17.80
2004 Jun 50.92 17.77
2004 Jul 50.97 17.75
2004 Aug 51.01 17.70
2004 Sep 51.04 17.66
2004 Oct 51.01 17.67
2004 Nov 50.98 17.70
2004 Dec 50.95 17.77
2005 Jan 50.94 17.78
2005 Feb 50.96 17.77
2005 Mar 51.01 17.76
2005 Apr 51.06 17.72
2005 May 51.07 17.75
2005 Jun 51.05 17.80
2005 Jul 50.97 17.92
2005 Aug 50.94 17.98
2005 Sep 50.87 18.06
2005 Oct 50.82 18.09
2005 Nov 50.82 18.10
2005 Dec 50.86 18.08
2006 Jan 50.92 18.03
2006 Feb 50.94 17.98
2006 Mar 50.94 17.94
2006 Apr 50.95 17.90
2006 May 50.97 17.88
2006 Jun 51.01 17.86
2006 Jul 51.05 17.86
2006 Aug 51.01 18.00
2006 Sep 50.96 18.07
2006 Oct 50.89 18.12
2006 Nov 50.86 18.11
2006 Dec 50.84 18.10
2007 Jan 50.84 18.13
2007 Feb 50.87 18.10
2007 Mar 50.90 18.12
2007 Apr 50.91 18.11
2007 May 50.92 18.09
2007 Jun 50.91 18.11
2007 Jul 50.94 18.09
2007 Aug 50.97 18.10
2007 Sep 51.00 18.11
2007 Oct 50.97 18.15
2007 Nov 50.95 18.19
2007 Dec 50.94 18.21
2008 Jan 50.90 18.26
2008 Feb 50.84 18.36
2008 Mar 50.81 18.42
2008 Apr 50.79 18.46
2008 May 50.80 18.44
2008 Jun 50.77 18.44
2008 Jul 50.75 18.44
2008 Aug 50.72 18.44
2008 Sep 50.68 18.46
2008 Oct 50.68 18.50
2008 Nov 50.68 18.60
2008 Dec 50.67 18.68
2009 Jan 50.65 18.70
2009 Feb 50.61 18.69
2009 Mar 50.58 18.67
2009 Apr 50.53 18.69
2009 May 50.49 18.70
2009 Jun 50.46 18.75
2009 Jul 50.42 18.83
2009 Aug 50.42 18.95
2009 Sep 50.40 19.08
2009 Oct 50.42 19.09
2009 Nov 50.45 19.05
2009 Dec 50.44 18.97
2010 Jan 50.36 19.05
2010 Feb 50.22 19.13
2010 Mar 50.06 19.30
2010 Apr 49.97 19.37
2010 May 49.93 19.44
2010 Jun 49.95 19.44
2010 Jul 49.96 19.47
2010 Aug 50.02 19.50
2010 Sep 50.11 19.48
2010 Oct 50.17 19.46
2010 Nov 50.20 19.41
2010 Dec 50.15 19.43
2011 Jan 50.11 19.47
2011 Feb 50.12 19.49
2011 Mar 50.14 19.52
2011 Apr 50.19 19.53
2011 May 50.20 19.54
2011 Jun 50.20 19.54
2011 Jul 50.18 19.51
2011 Aug 50.12 19.51
2011 Sep 50.07 19.53
2011 Oct 50.00 19.60
2011 Nov 49.96 19.67
2011 Dec 49.95 19.68
2012 Jan 50.03 19.65
2012 Feb 50.15 19.56
2012 Mar 50.22 19.55
2012 Apr 50.21 19.58
2012 May 50.10 19.69
2012 Jun 50.02 19.75
2012 Jul 50.02 19.73
2012 Aug 50.06 19.64
2012 Sep 50.13 19.57
2012 Oct 50.12 19.58
2012 Nov 50.11 19.68
2012 Dec 50.14 19.69
2013 Jan 50.17 19.65
2013 Feb 50.26 19.53
2013 Mar 50.24 19.52
2013 Apr 50.22 19.57
2013 May 50.13 19.67
2013 Jun 50.10 19.75
2013 Jul 50.12 19.81
2013 Aug 50.16 19.82
2013 Sep 50.19 19.82
2013 Oct 50.21 19.78
2013 Nov 50.24 19.76
2013 Dec 50.25 19.76
2014 Jan 50.25 19.78
2014 Feb 50.22 19.79
2014 Mar 50.21 19.77
2014 Apr 50.20 19.74
2014 May 50.20 19.70
2014 Jun 50.20 19.72
2014 Jul 50.18 19.78
2014 Aug 50.20 19.77
2014 Sep 50.23 19.70
2014 Oct 50.25 19.58
2014 Nov 50.23 19.55
2014 Dec 50.19 19.55
2015 Jan 50.15 19.60
2015 Feb 50.14 19.63
2015 Mar 50.15 19.66
2015 Apr 50.21 19.66
2015 May 50.27 19.67
2015 Jun 50.32 19.66
2015 Jul 50.33 19.67
2015 Aug 50.28 19.70
2015 Sep 50.24 19.72
2015 Oct 50.22 19.72
2015 Nov 50.21 19.66
2015 Dec 50.20 19.64
2016 Jan 50.16 19.63
2016 Feb 50.16 19.66
2016 Mar 50.22 19.66
2016 Apr 50.31 19.63
2016 May 50.39 19.59
2016 Jun 50.40 19.57
2016 Jul 50.33 19.60
2016 Aug 50.19 19.65
2016 Sep 50.11 19.71
2016 Oct 50.10 19.75
2016 Nov 50.15 19.78
2016 Dec 50.17 19.78
2017 Jan 50.20 19.76
2017 Feb 50.20 19.76
2017 Mar 50.18 19.80
2017 Apr 50.19 19.82
2017 May 50.20 19.79
2017 Jun 50.20 19.75
2017 Jul 50.15 19.69
2017 Aug 50.11 19.75
2017 Sep 50.13 19.79
2017 Oct 50.09 19.89
2017 Nov 50.05 19.99
2017 Dec 50.01 20.01
2018 Jan 50.01 19.99
2018 Feb 50.06 19.87
2018 Mar 50.08 19.78
2018 Apr 50.11 19.71
2018 May 50.11 19.67
2018 Jun 50.14 19.71
2018 Jul 50.17 19.75
2018 Aug 50.22 19.77
2018 Sep 50.20 19.78
2018 Oct 50.18 19.80
2018 Nov 50.13 19.88
2018 Dec 50.11 19.92
2019 Jan 50.09 19.93
2019 Feb 50.13 19.88
2019 Mar 50.15 19.84
2019 Apr 50.19 19.81
2019 May 50.21 19.79
2019 Jun 50.24 19.78
2019 Jul 50.26 19.77
2019 Aug 50.24 19.73
2019 Sep 50.21 19.77
2019 Oct 50.18 19.82
2019 Nov 50.18 19.89
2019 Dec 50.17 19.92
2020 Jan 50.19 19.87
2020 Feb 50.14 19.95
2020 Mar 50.01 20.08
2020 Apr 49.76 20.42
2020 May 49.47 20.64
2020 Jun 49.35 20.75
2020 Jul 49.35 20.69
2020 Aug 49.49 20.63
2020 Sep 49.66 20.44
2020 Oct 49.78 20.29
2020 Nov 49.93 20.11
2020 Dec 49.96 20.13
2021 Mar 50.02 20.14
2021 Apr 50.00 20.22
2021 May 50.01 20.26
2021 Jun 50.09 20.26
2021 Jul 50.19 20.13
2021 Aug 50.36 19.86
2021 Sep 50.45 19.66
2021 Oct 50.51 19.57
2021 Nov 50.52 19.61
2021 Dec 50.45 19.73
2022 Jan 50.37 19.90
2022 Feb 50.31 20.04
2022 Mar 50.26 20.15

Note: Three-month moving averages. Estimates for people age 16 and up.

Source: CPS microdata and authors’ calculations.

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Figure 2.

Changes in composition of living arrangements
Percentage point change from Dec 2019

Month Living with family Spouse/partner Alone Roomates/other
2019 Jan 0.01 0.10 -0.18 0.07
2019 Feb -0.04 0.15 -0.16 0.03
2019 Mar -0.08 0.19 -0.14 0.04
2019 Apr -0.11 0.14 -0.08 0.05
2019 May -0.13 0.05 -0.02 0.07
2019 Jun -0.13 -0.05 0.05 0.12
2019 Jul -0.15 -0.11 0.12 0.12
2019 Aug -0.19 -0.07 0.09 0.17
2019 Sep -0.15 -0.05 0.05 0.12
2019 Oct -0.10 -0.03 0.02 0.11
2019 Nov -0.03 -0.03 0.04 0.03
2019 Dec 0 0 0 0
2020 Jan -0.05 0.17 -0.03 -0.09
2020 Feb 0.03 0.22 -0.09 -0.17
2020 Mar 0.16 0.37 -0.20 -0.31
2020 Apr 0.50 0.43 -0.41 -0.51
2020 May 0.72 0.61 -0.73 -0.65
2020 Jun 0.83 0.71 -0.85 -0.76
2020 Jul 0.77 0.81 -0.87 -0.79
2020 Aug 0.71 0.80 -0.70 -0.84
2020 Sep 0.52 0.77 -0.57 -0.75
2020 Oct 0.37 0.68 -0.45 -0.59
2020 Nov 0.19 0.62 -0.29 -0.50
2020 Dec 0.22 0.56 -0.20 -0.55
2021 Mar 0.22 0.41 -0.10 -0.53
2021 Apr 0.30 0.33 -0.10 -0.52
2021 May 0.35 0.18 -0.03 -0.46
2021 Jun 0.34 0.15 0.08 -0.56
2021 Jul 0.21 0.07 0.19 -0.50
2021 Aug -0.06 0.17 0.29 -0.44
2021 Sep -0.25 0.15 0.34 -0.27
2021 Oct -0.35 0.17 0.39 -0.20
2021 Nov -0.31 0.14 0.42 -0.26
2021 Dec -0.18 0.19 0.36 -0.36
2022 Jan -0.01 0.22 0.30 -0.49
2022 Feb 0.12 0.20 0.27 -0.57
2022 Mar 0.24 0.18 0.24 -0.67

Note: Three-month moving averages. Estimates for people age 16 and up. Sum of changes in composition may not add to zero due to averaging and seasonal adjustment.

Source: CPS microdata and authors’ calculations.

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Figure 3.

Percentage point change from Dec 2019

Month Change in headship rate by race/ethnicity. Hispanic Change in headship rate by race/ethnicity. Black, Non-Hispanic Change in headship rate by race/ethnicity. White, Non-Hispanic Change in headship rate by age groups. Ages 65+ Change in headship rate by age groups. Ages 31-64 Change in headship rate by age groups. Ages 16-30
2019 Jan -0.23 0.12 -0.11 0.30 -0.08 -0.04
2019 Feb -0.13 0.31 -0.10 0.35 -0.09 0.06
2019 Mar -0.10 0.50 -0.10 0.31 -0.07 0.10
2019 Apr -0.08 0.71 -0.08 0.30 -0.01 0.17
2019 May -0.13 0.77 -0.03 0.32 -0.02 0.23
2019 Jun -0.14 0.79 0.02 0.25 0.03 0.25
2019 Jul -0.03 0.72 0.05 0.22 0.04 0.31
2019 Aug 0.07 0.53 0.04 0.14 0.03 0.32
2019 Sep 0.13 0.14 0.00 0.13 0.00 0.27
2019 Oct 0.09 -0.01 -0.02 0.12 -0.04 0.20
2019 Nov 0.01 -0.02 -0.02 0.09 -0.03 0.10
2019 Dec 0 0 0 0 0 0
2020 Jan -0.03 0.02 0.03 -0.11 0.06 -0.05
2020 Feb -0.19 -0.11 0.06 -0.20 0.04 -0.17
2020 Mar -0.44 -0.17 -0.02 -0.28 -0.01 -0.58
2020 Apr -0.66 -0.69 -0.23 -0.32 -0.14 -1.28
2020 May -0.81 -1.57 -0.48 -0.40 -0.28 -2.09
2020 Jun -0.97 -1.99 -0.62 -0.40 -0.27 -2.68
2020 Jul -1.12 -2.05 -0.56 -0.31 -0.25 -2.84
2020 Aug -1.17 -1.56 -0.39 -0.24 -0.16 -2.55
2020 Sep -1.08 -1.28 -0.17 -0.24 -0.16 -1.80
2020 Oct -0.84 -1.01 -0.04 -0.43 -0.11 -1.27
2020 Nov -0.70 -0.46 0.03 -0.51 -0.03 -0.87
2020 Dec -0.61 -0.24 0.03 -0.55 0.01 -0.92
2021 Mar -0.62 -0.13 0.06 -0.51 0.03 -0.89
2021 Apr -0.59 -0.51 0.09 -0.54 0.05 -0.99
2021 May -0.39 -0.84 0.11 -0.62 0.11 -1.10
2021 Jun -0.10 -0.74 0.10 -0.66 0.16 -0.90
2021 Jul 0.05 -0.44 0.15 -0.67 0.21 -0.69
2021 Aug 0.08 0.11 0.26 -0.58 0.22 -0.21
2021 Sep -0.26 0.40 0.46 -0.57 0.27 -0.01
2021 Oct -0.27 0.65 0.53 -0.59 0.34 0.05
2021 Nov -0.38 0.71 0.59 -0.56 0.42 -0.06
2021 Dec -0.20 0.50 0.53 -0.47 0.39 -0.35
2022 Jan -0.20 0.23 0.43 -0.34 0.23 -0.44
2022 Feb -0.19 0.00 0.37 -0.24 0.12 -0.55
2022 Mar -0.22 -0.21 0.29 -0.21 0.06 -0.64

Note: Three-month moving averages. Estimates for people age 16 and up.

Source: CPS microdata and authors’ calculations.

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Figure 4.

Percent

Month Headship rate by employment status ages 25-54. Employed Headship rate by employment status ages 25-54. Not Employed Employment-population ratio ages 25-54
2019 Jan 52.85 48.53 79.8
2019 Feb 53.45 47.93 79.9
2019 Mar 53.19 48.01 79.8
2019 Apr 53.14 47.86 79.8
2019 May 53.20 48.33 79.8
2019 Jun 53.10 48.10 79.8
2019 Jul 53.15 48.27 79.6
2019 Aug 53.13 48.20 80
2019 Sep 53.23 47.95 80.3
2019 Oct 53.41 47.95 80.3
2019 Nov 53.17 48.44 80.2
2019 Dec 53.09 48.06 80.3
2020 Jan 53.35 47.32 80.5
2020 Feb 53.12 47.81 80.5
2020 Mar 53.04 47.61 79.5
2020 Apr 53.23 47.24 69.6
2020 May 52.94 46.96 71.4
2020 Jun 53.30 46.96 73.5
2020 Jul 53.36 46.61 73.9
2020 Aug 53.68 46.36 75.3
2020 Sep 53.41 47.74 75.2
2020 Oct 53.44 47.67 76
2020 Nov 53.61 48.03 75.9
2020 Dec 53.63 47.53 76.2
2021 Mar 53.22 48.26 76.9
2021 Apr 53.55 48.27 77
2021 May 53.63 48.18 77.2
2021 Jun 53.51 48.47 77.2
2021 Jul 53.50 48.35 77.9
2021 Aug 53.53 48.22 78
2021 Sep 53.60 48.19 78.1
2021 Oct 53.75 47.95 78.3
2021 Nov 53.74 48.10 78.8
2021 Dec 53.48 47.90 79
2022 Jan 53.55 47.39 79.1
2022 Feb 53.55 47.78 79.5
2022 Mar 53.48 47.52 80

Note: Estimates for people age 16 and up.

Source: CPS microdata, authors’ calculations, and BLS retrieved from FRED.

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Figure 5.

millions

Year Change in US Population, 16+ Change in US Population, 2017 Census Bureau proj. Change in US Population, 2017 Census Bureau proj (low) Change in US Population, 2017 Census Bureau proj. (zero) US Population, 16+ US Population, 2017 Census Bureau proj. US Population, 2019 Census Bureau proj. (low) US Population, 2019 Census Bureau proj. (zero)
2010 2.47 N/A N/A N/A 243.89 N/A N/A N/A
2011 2.35 N/A N/A N/A 246.25 N/A N/A N/A
2012 2.36 N/A N/A N/A 248.61 N/A N/A N/A
2013 2.22 N/A N/A N/A 250.82 N/A N/A N/A
2014 2.32 N/A N/A N/A 253.14 N/A N/A N/A
2015 2.32 N/A N/A N/A 255.46 N/A N/A N/A
2016 2.39 N/A N/A N/A 257.85 257.96 257.96 257.96
2017 2.15 2.36 1.95 1.15 260.00 260.31 259.91 259.10
2018 1.82 2.24 1.84 1.03 261.82 262.55 261.74 260.13
2019 1.72 2.24 1.84 1.03 263.54 264.79 263.58 261.16
2020 1.48 2.26 1.85 1.05 265.02 267.05 265.43 262.20
2021 1.42 2.23 1.83 1.02 266.44 269.28 267.26 263.23
2022 N/A 2.23 1.83 1.02 N/A 271.51 269.09 264.25
2023 N/A 2.25 1.84 1.04 N/A 273.76 270.93 265.28
2024 N/A 2.21 1.80 1.00 N/A 275.96 272.73 266.28
2025 N/A 2.06 1.65 0.85 N/A 278.02 274.39 267.13
2026 N/A 2.04 1.63 0.83 N/A 280.05 276.02 267.95
2027 N/A 2.01 1.61 0.80 N/A 282.07 277.63 268.75
2028 N/A 1.94 1.53 0.71 N/A 284.01 279.16 269.46
2029 N/A 1.90 1.49 0.67 N/A 285.91 280.65 270.13
2030 N/A 1.88 1.46 0.64 N/A 287.78 282.11 270.77

Source: Census Bureau population estimates and projections, CPS microdata, and authors’ calculations.

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Last Update: May 06, 2022