RB Chimney & Hearth

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Population Growing More Diverse

Friday, September 1, 2017

The U.S. population grew by 13.8 million between 2010 and 2016, according to the Census Bureau. The non-Hispanic White population accounted for just 4% of the increase, while Asians, Blacks, Hispanics, and other minorities accounted for 96% of the gain. The minority share of the population climbed to 38.7%, up from 36.2% in 2010. Here are the Census Bureau's 2016 population estimates by race and Hispanic origin...

Total population: 323,127,513

The U.S. population grew 4.5% between 2010 and 2016, a gain of 13.8 million.

Non-Hispanic Whites: 197,969,608 (61.3%)

The non-Hispanic White population grew by a minuscule 0.3% between 2010 and 2016, a gain of 575,289. Growth of the non-Hispanic White population is slowing to a crawl as deaths outnumber births. Between 2015 and 2016, the number of non-Hispanic Whites grew by just 5,206 compared with a gain of more than half a million for Asians and Blacks and more than 1 million for Hispanics.

Hispanics: 57,470,287 (17.8%)

The Hispanic population grew 13.2% between 2010 and 2016, a gain of 6.7 million. Hispanics accounted for 49% of the nation's population growth between 2010 and 2016.

Blacks (alone or in combination): 46,778,674 (14.5%)

The Black population grew 7.9% between 2010 and 2016, a gain of 3.4 million. Blacks accounted for 25% of the nation's population growth between 2010 and 2016.

Asians (alone or in combination): 21,419,159 (6.6%)

The Asian population grew 20.3% between 2010 and 2016, a gain of 3.6 million. Asians accounted for 26% of the nation's population growth between 2010 and 2016.

Minority Majority in Youngest Generation

According to the Census Bureau 2016 population estimates, there's now a generation of Americans in which Asians, Blacks, Hispanics, and other minorities account for the majority of members. The Recession Generation, a placeholder name for those born in the most recent and ongoing baby bust beginning in 2009, is 50.1% minority and 49.9% non-Hispanic White. Hispanics account for 26% of the Recession generation, Blacks for 18%, and Asians for 7%.

Overall, 38.7% of Americans are Asian, Black, Hispanic, or another minority. Here are the percentages by generation...

Minority share of population by generation, 2016

Recession (0 to 6): 50.1%
iGeneration (7 to 21): 47.2%
Millennials (22 to 39): 44.0%
Gen Xers (40 to 51): 38.5%
Boomers: (52 to 70): 28.8%
Older (71 or older): 21.3%

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Remodeling Market to March Higher in 2018

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Toll Brothers and the Rise of “Affordable Luxury”

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