From Home Furnishing Business
Generation Z, Most Ethnically Diverse Population of 67 Million
During the next five years, over 20 million consumers tagged as Generation Z will pour into young-adult status with the leading edge surpassing the age of 21 this year, graduating from college and entering the workforce.
According to data from U.S. Census Bureau’s Population Statistics, Generation Z is roughly 8% smaller than Millennials and 2% larger than the older Gen Xers, who are predominantly their parents.
Generation Z is the most ethnically diverse of all the generations preceding it. 48% of 6 to 21-year-olds in 2018 (Generation Z) are non-white, significantly more compared to 39% of Millennials in 2002, 30% of Gen Xers in 1986 and 18% of Early Boomers in 1968.
For an in-depth look at the numbers, click here.