American Households Are Getting Smaller – And Headed by Older Adults

The average size of the American household has diminished by about one person over the past 65 years or so, according to new data from the US Census Bureau. The average population per household now stands at 2.55, down from 3.67 in 1948. Much of that decline is attributable to the growth in 1-person households, which have almost quintupled in number from 1960, and now account for 27% of all households. (more…)