So How Many Millennials Are There in the US, Anyway? (Updated) - Marketing Charts (2024)

So How Many Millennials Are There in the US, Anyway? (Updated) - Marketing Charts (1)

Millennials might be taking a backseat in the marketing world to Gen Z, but they still get plenty of attention. Their lives are deconstructed on many different levels, from e-commerce habits to their online search preferences and their grocery shopping habits. Those analyses are all helpful in their own right, but – stepping back to the big picture for a moment – how many of these prized individuals are there in the US? The most recent data out from the Census Bureau gives a sense of how large this coveted generation is.

Before putting out some numbers, there are a few problems to take note of. Chiefly, there has been debate over the exact definition of a Millennial. This year the age range of 27-42 might be most appropriate, per Pew Research Center, meaning that last year (for the Census Bureau data covered), the age range would have been 26-41 (born 1981-1996).

By that definition, there were 72.2 million Millennials in the US last year, constituting 21.7% of the population.

Meanwhile, it’s also worth noting that most Millennials don’t even identify as Millennials, and a young Gen Xer might feel more culturally similar to Gen Y. In other words, cultural and behavioral tendencies don’t tend to have fixed age breaks. (That’s why many argue that it’s more useful to look at personas rather than age brackets. In fact, age doesn’t factor into identity formation as much as some other traits.)

Nevertheless, things being the way they are, marketers and researchers often look at generations and age brackets. So here’s a reference list of some commonly used age brackets and their corresponding population estimates and population shares as of July 1st, 2022 (the most recent data available).

  • 12-17: 25.3 million (7.7%) [pop share down]
  • 18-24: 31.3 million (9.4%) [pop share up]
  • 25-34: 45.5 million (13.7%) [pop share flat]
  • 35-44: 43.7 million (13.1%) [pop share flat]
  • 45-54: 40.4 million (12.1%) [pop share down]
  • 55-64: 42.1 million (12.6%) [pop share down]
  • 65-74: 33.8 million (10.1%) [pop share flat]
  • 75+:24.0 million (7.2%) [pop share up]

Some other popular age groups:

  • 18-29: 53.5 million (16.1%) [pop share up]
  • 18-34: 76.8 million (23.1%) [pop share up]
  • 18-49: 140.1 million (42.1%) [pop share up]
  • 35-49: 63.3 million (19.0%) [pop share flat]
  • 50-64: 62.9 million (18.9%) [pop share down]
  • 50+: 120.7 million (36.2%) [pop share up]
  • 55+: 99.9 million (30.0%) [pop share up]
  • 65+: 57.8 million (17.3%) [pop share up]

And the generations (as defined by Pew Research Center here):

  • Gen Z (born 1997-2012): 69.6 million (20.9% pop share)
  • Millennials (born 1981-1996): 72.2 million (21.7% pop share)
  • Gen X (born 1965-1980): 65.4 million (19.6% pop share)
  • Boomers (born 1946-1964): 68.6 million (20.6% pop share)
  • Silent (born 1928-1945): 18.3 million (5.5% pop share)

Want an Excel file showing population estimates by single year of age and gender? We’ve formatted the data for you and made it available for download here.

A couple of other facts to leave with:

  • As of July 1st last year, there were an estimated 88,988 centenarians (100+) in the US. Though that number had been growing each year for some time, it declined by almost 9,000 last year, following a decline of roughly 7,000 the previous year. Sadly, this is most likely due to COVID-19. Meanwhile, some 71,903 – or 80.8% – of centenarians last year were female, up from 75% the year before.
  • There were more males than females for each single year of age from newborn through age 54, but then more females than males for each single year of age from 55 onwards. The biggest disparity in favor of males was for 24-year-olds (114,767 more), while for females it was for 73-year-olds (222,625 more).

Interested in different age groups’ media habits? Check out this report: US Media Audience Demographics, 9th Annual Edition

So How Many Millennials Are There in the US, Anyway? (Updated) - Marketing Charts (2024)

FAQs

How many millennials are there in USA? ›

Millennials were the largest generation group in the U.S. in 2022, with an estimated population of 72.24 million.

What are the statistics for the millennials generation? ›

Millennials fall between the ages of 24 and 40 (as of 2021). The average income for millennials in the U.S. is $35,592. Millennials and Gen Zers were more likely to have been unemployed during the COVID-19 crisis in 2020. 63% of millennial workers say they plan to look for a new job this year.

What percentage of consumers are millennials? ›

Millennials represent a large segment of the population and are an important target market for consumer companies. The group consists of people born between 1981 and 1996, or roughly 25% of the U.S. population.

Are there more Gen Z or millennials? ›

A Millennial is anyone born between 1980 and 1995. In the U.S., there are roughly 80 million Millennials. A member of Gen Z is anyone born between 1996 and the early-mid 2000s (end date can vary depending on source). In the U.S., there are approximately 90 million members of Gen Z, or “Gen Zers.”

Why are there so many millennials in America? ›

But millennials continue to grow in numbers as a result of immigration and naturalization. In fact, millennials form the largest group of immigrants to the United States in the 2010s. Pew projected that the millennial generation would reach around 74.9 million in 2033, after which mortality would outweigh immigration.

What age are millennials in the US? ›

Generations defined by name, birth year, and ages in 2024
GenerationsBornCurrent Ages
Gen Z1997 – 201212 – 27
Millennials1981 – 199628 – 43
Gen X1965 – 198044 – 59
Boomers II (a/k/a Generation Jones)*1955 – 196460 – 69
3 more rows
Feb 29, 2024

What percentage of millennials are in the US? ›

Millennials passed baby boomers as the largest adult demographic. While millennials comprise 22% of the overall U.S. population, certain regions exhibit higher shares of millennials by state.

What are three facts about millennials? ›

Here are 15 interesting facts to help you better understand working with millennials:
  • 63% have a bachelors degree.
  • 45% believe a decent paying job is a privilege not a right.
  • 88% prefer a collaborative work culture rather than a competitive one.
  • 92% believe business success should be measured by more than just profit.

What percentage of the US population are millennials and Gen Z? ›

Population distribution in the United States in 2022, by generation
CharacteristicPopulation share
The Baby Boomer Generation (born 1946-1964)20.58%
Generation X (born 1965-1980)19.61%
The Millennial Generation (born 1981-1996)21.67%
Generation Z (born 1997-2012)20.88%
2 more rows
Aug 29, 2023

What are millennials most interested in? ›

Activities, interests, and opinions

So what do millennials like to do? Well, like most generations they love watching TV, listening to music, eating out, and spending time with friends and family.

Who are millennials in marketing? ›

Gen Z. According to Pew Research Center, those in the Millennial generation were born between 1981 and 1996, while those in Gen Z were born between 1997 and 2012. In 2023, millennials are between 27 and 42 years old, and Gen-Zers are between 11 and 26.

Why are millennials of so much interest to marketers? ›

American Millennials are a key consumer demographic for online marketers, thanks to their tech savviness and ability to consume web-based content. In addition, they are more likely to spend money purchasing goods and services compared to Gen X and baby boomers.

Why do millennials look younger? ›

Some have hypothesized that the slow aging of a generation is thanks to the rising popularity of "tweakments" like filler and botox, or the fact that they have a better understanding of the importance of SPF for anti ageing, while others cite the well-analyzed idea that millennials have a sheer inability to "grow up."

Is 44 a millennial? ›

Baby boomers are anyone born from 1946 to 1964. Millennials are anyone born from 1981 to 1996. Generation Z is anyone born from 1997 to 2012.

Which generation is smallest? ›

Generation X, defined by the Pew Research Center as those born between 1965-1980, is the smallest generation by population, due to lower birth rates. They are sometimes referred to as the MTV generation, as the MTV channel debuted in their formative years.

What percentage of America is millennials? ›

Millennials passed baby boomers as the largest adult demographic. While millennials comprise 22% of the overall U.S. population, certain regions exhibit higher shares of millennials by state.

What is the US population of Gen Z? ›

Born between 1997 and 2012, Gen Z represents about 20% of the US population as of 2023, per the US Census Bureau. In 2021, Bloomberg cited data from Gen Z Planet estimating the cohort had $360 billion in buying/spending power, a number which has most certainly grown as more and more Gen Zers join the workforce.

Are 36 year olds millennials? ›

Millennials were born between 1981 and 1996, according to the Pew Research Center . So as of 2023, the millennial age range is between 27 and 42.

What city in the U.S. has the most millennials? ›

These are the top 10 cities where millennials are moving the most, according to SmartAsset.
  1. Cambridge, Massachusetts. New millennials as percentage of population: 14.7% ...
  2. Santa Clara, California. ...
  3. Seattle. ...
  4. Sunnyvale, California. ...
  5. Denver. ...
  6. Arlington, Virginia. ...
  7. Bellevue, Washington. ...
  8. Killeen, Texas.
Nov 21, 2023

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