The pace of growth for U.S. households is expected to slow down over the next decade, as Harvard University’s Joint Center for Housing Studies expects households to increase by 8.6 million between 2025 and 2035.
The growth of households has been declining in recent decades. Households grew by 10.1 million between 2010 and 2020, by 11.2 million between 2000 and 2010 and by 13.5 million between 1990 and 2000.
JCHS expected households to grow by 5.1 million between 2035 and 2045, which would be less growth than in any decade of the last 100 years.
If immigration levels fall in the coming years, JCHS says the pace of household growth will be even less. In a low immigration scenario, JCHS predicts an increase of 6.9 million households in 2025–2035.