According to a new report from RentCafe, renters over 60 grew 43% over the last decade reflecting the lifestyle habits of America’s aging baby-boomers. In fact, over 22% of our current population is aged 60 or more helping to push up the national median age from 36.7 in 2007 to 38.1 in 2017 – the highest it’s ever been!
“The overall aging of the population is not just the result of the economic hardship following the 2007 Great Recession, reflected in declining birth rates, but also the result of the Baby Boom cohort, America’s largest living adult generation, passing age 53 in 2017.”
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