m ichael carliner april 25, 2006 phoenix, az building for boomers & beyond 50+ housing symposium...
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![Page 1: M ichael Carliner April 25, 2006 Phoenix, AZ Building for Boomers & Beyond 50+ Housing Symposium Executive Session](https://reader035.vdocuments.site/reader035/viewer/2022081907/5513d95655034646298b5505/html5/thumbnails/1.jpg)
2.0
2.5
3.0
3.5
4.0
4.5
1910 1920 1930 1940 1950 1960 1970 1980 1990 2000
● 55-64 in 2005
■ 45-54 in 2005
Live BirthsLive Births
1979- Echo Boom
1965-78Baby Bust
1946-64Baby Boom
Data in Millions Source: HHS National Center for Health Statistics
![Page 2: M ichael Carliner April 25, 2006 Phoenix, AZ Building for Boomers & Beyond 50+ Housing Symposium Executive Session](https://reader035.vdocuments.site/reader035/viewer/2022081907/5513d95655034646298b5505/html5/thumbnails/2.jpg)
-1%
0%
1%
2%
3%
4%
5%
6%
7%
50-54 55-59 60-64 65-69 70-74 75-79 80-84 85+
'05-'10 '10-'15
Population Change by Age
Source: NAHB Long Term Forecast
All Ages
Leading Edge (1946-1950)
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0%
5%
10%
15%
20%
25%
30%
20-24
25-29
30-34
35-39
40-44
45-49
50-54
55-59
60-64
65-69
70-74
75+
Mobility by Age: Moved in Previous 12 Months
Source: Current Population Survey March 2004
![Page 4: M ichael Carliner April 25, 2006 Phoenix, AZ Building for Boomers & Beyond 50+ Housing Symposium Executive Session](https://reader035.vdocuments.site/reader035/viewer/2022081907/5513d95655034646298b5505/html5/thumbnails/4.jpg)
0%
5%
10%
15%
20%
25%
30%
20-24
25-29
30-34
35-39
40-44
45-49
50-54
55-59
60-64
65-69
70-74
75+
Interstate Movers—Share of All Movers
Source: Current Population Survey March 2004
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Labor Force Participation Rates
0
10
20
30
40
50
60
70
80
90
<25 25-34 35-44 45-49 50-54 55-59 60-64 65-69 70-74 75+
1995 2005 2015
Sources: BLS, NAHB Long Term Forecast
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Part Time Share of Employed
0
10
20
30
40
50
60
50-54 55-59 60-64 65-69 70-74 75+
BLS 2005
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Median Net Worth by Age, 2004
$0
$50
$100
$150
$200
$250
$300
< 35 35-44 45-54 55-64 65-74 75+
Thousands
Note: Overall Median=$93,100 Survey of Consumer Finances
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Relative Net Worth by Age, 1989-2004(Percent of median net worth for all households)
120%
140%
160%
180%
200%
220%
240%
260%
280%
1989 1992 1995 1998 2001 2004
45-54
55-64
65-74
Survey of Consumer Finances (Federal Reserve Board)
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Relative Median Income by Age, 1989-2004(Percent of median income for all households)
60%
80%
100%
120%
140%
160%
1989 1992 1995 1998 2001 2004
45-54
55-64
65-74
Survey of Consumer Finances (Federal Reserve Board)
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Share With Net Worth Over $500k, 2004
0
5
10
15
20
25
30
35
40
< 35 35-44 45-54 55-64 65-74 75+
Percent
Survey of Consumer Finances (Federal Reserve Board)
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Median Financial Assets by Age, 2004
$0
$10
$20
$30
$40
$50
$60
$70
$80
< 35 35-44 45-54 55-64 65-74 75+
Thousands
Note: Overall Median=$23,000 Survey of Consumer Finances
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Home Value and Equity by Age, 2004
$0
$50
$100
$150
$200
$250
< 35 35-44 45-54 55-64 65-74 75+
Equity Debt
Survey of Consumer Finances (Federal Reserve Board)
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Recent Buyers With Mortgages 2003
0
10
20
30
40
50
60
70
80
90
Under 35 35-44 45-54 55-64 65+
Percent
American Housing Survey
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Households Receiving Inheritance 2003-2004
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
< 35 35-44 45-54 55-64 65-74 75+
Survey of Consumer Finances (Federal Reserve Board)
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Size of Inheritance by Age(for those receiving inheritance in 2003-04)
$0
$20
$40
$60
$80
$100
$120
< 35 35-44 45-54 55-64 65-74 75+
mean median
Survey of Consumer Finances (Federal Reserve Board)
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Households With Second Homes by Age
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
< 35 35-44 45-54 55-64 65-74 75+
Survey of Consumer Finances (Federal Reserve Board)
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Households by Type 2004
0102030405060708090
100
<25 25-34
35-44
45-49
50-54
55-59
60-64
65-69
70-74
75-79
80-84
85+
Married couple Living alone Other
American Community Survey (Census Bureau)
Percent