Connect with us

Misc

Animation: U.S. Population Pyramid From 1980-2050

Published

on

It’s no secret that an aging population will be the source of major demographic challenges in the coming years.

In 1975, the median age in the United States was just 28 years old. However, it’s been rising fast as the Baby Boomers age, and it’s expected to break the 40 year mark by 2030.

This shift is so fundamental that its ripples will be felt in almost every area imaginable. How we manage this change will have implications on the economy, culture, and politics – and it will almost certainly affect our personal wealth and investments, as well.

Visualizing Age in the U.S.

We’ve previously compared the population pyramids of China and India, but today we’re going to key in on the U.S. using a similar type of animation.

Below is an animated population pyramid that shows how the U.S. population has been shifting, including projections up until 2050 based on data from the U.S. Census Bureau and World Bank.

Animation: U.S. Population Pyramid From 1980-2050

Credit: Reddit user milamiso

By 2050, the U.S. population will close in on 400 million people.

As with most demographic data, viewing changes in the composition of this population through a visual lens helps to provide perspective.

Aging Population

One of the biggest differences in this particular chart can be seen in the 65+ year region. In the 1980s, only a small portion of the population fits there – but by the end, it’s becoming quite crowded.

In more numerical terms – the number of Americans aged 65+ is projected to jump from 46 million today to over 98 million by 2060, and the 65+ age group’s share of the total population will rise to nearly 24%. This is mainly a function of a big generation (Baby Boomers) hitting their later years, and improved life expectancy and healthcare.

According to the Population Reference Bureau, aging Baby Boomers could mean a massive 75% increase in number of Americans requiring nursing home care, from 1.3 million in 2010 to 2.3 million in 2030.

Social Security and Medicare expenditures will also increase from 8% to 12% of GDP by 2050.

Fewer Babies

Another factor in the population equation is also lower fertility rates.

U.S. Fertility Rate (births per woman)
Fertility Rates in the U.S.

In the United States, the fertility rates that led to the Baby Boomer generation (born 1946-1964) have been long-gone for many decades now.

Lately, fertility has been hovering closer to 1.8 births per woman.

For reference, the replacement fertility rate is about 2.1 – meaning that without taking into account net immigration, each new generation will be smaller than the last. Unless something changes here (or with immigration policy), a more mature population will increasingly become the norm for the country.

Click for Comments

Misc

Charted: Car Brand Loyalty in 2024

This ranking of car brand loyalty shows what percentage of owners would buy from the same brand for their next vehicle.

Published

on

Car Brand Loyalty in 2024

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

This graphic visualizes the best and worst car brands in terms of brand loyalty. This is measured by the % of current owners who would buy from the same brand for their next vehicle.

Data comes from Consumer Reports’ owner satisfaction survey, which includes responses from owners of more than 330,000 vehicles.

Car Brands With the Most Loyal Customers

Rivian takes the top spot in this ranking, with 86% of owners saying they would buy from the brand again. The EV startup has carved an interesting niche for itself with its outdoor adventure-focused models, and despite several recalls, appears to have won the hearts of its early customers.

Company% who would buy again
🇺🇸 Rivian86
🇩🇪 Mini77
🇩🇪 BMW76
🇩🇪 Porsche76
🇺🇸 Tesla74
🇰🇷 Genesis73
🇯🇵 Lexus73
🇯🇵 Subaru70

It’s interesting to note that Tesla held the #1 spot in last year’s ranking.

Car Brands With the Least Loyal Customers

At the other end of the spectrum we have brands with the least loyal customers, suggesting that owners are less satisfied with their purchase.

Company% who would buy again
🇺🇸 Cadillac61
🇺🇸 Chrysler60
🇩🇪 Mercedes-Benz59
🇩🇪 Audi59
🇺🇸 Jeep58
🇯🇵 Nissan55
🇩🇪 Volkswagen51
🇯🇵 Infiniti43

At the bottom of this table is Nissan’s luxury marque, Infiniti, with only 43% of owners saying they would revisit the brand for their next car.

Infiniti dealerships are aware of this alarming trend, and have attributed it to the brand’s aging lineup. In a recent interview, Steve Lapin, Chairman of the Infiniti National Dealer Advisory Board, said: “Product is king. Infiniti doesn’t have the right products right now to compete in the marketplace.”

Interested in learning more about the automotive industry? Check out this graphic, which ranks the world’s top 10 exporters of automotive products.

Continue Reading

Subscribe

Popular