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Generation Y Facts | International Residential Real Estate Investors Association
Thursday June 29th 2017

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Generation Y Facts

Source – Multifamily Executive News

Individuals born between 1977 and 1994:
74.8 million
SOURCE: U.S. CENSUS BUREAU

Gen Y’s purchasing power:
$200 billion
SOURCE: RESOURCES INTERACTIVE

No. of fewer employed persons ages 16 to 29 as of Jan. 2008 (vs. Jan. 2007):
760K
SOURCE: BUREAU OF LABOR STATISTICS

2007 unemployment rate for 20- to 24-year-olds:
8.2%
SOURCE: BUREAU OF LABOR STATISTICS

Median credit card debt of undergraduate students:
$1,000
SOURCE: U.S. DEPARTMENT OF EDUCATION

Gen Yers with more than $10,000 in student loans:
~40%
SOURCE: HARRIS INTERACTIVE

18- to 25-year-olds who see their parents daily:
50%

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