Who Are the Echo Boomers?

Millennial Fast Facts

You can read throughout this blog to read information about Echo Boomers, or you can read some highlights. Each piece of information about Echo Boomers also contains an article for you to read the details.

  1. Echo Boomers are the largest generation in U.S. History since the Baby Boomers (Generation Y Is How BIG?).
  2. There are approximately 80 million Echo Boomers between the birth dates 1982 to 1995 (Generation Y Is How BIG?).
  3. Echo Boomers are also called Millennials and are part of Generation Y (Generation Y Is How BIG?).
  4. Post housing collapse, Echo Boomers hold the highest unemployment rate of any U.S. demographic (Can Echo Boomers Survive the Recession?).
  5. Echo Boomers are more isolationist than former American generations (How Do Echo Boomers Think?).
  6. Echo Boomers use technological forms of news (How Do Echo Boomers Think?).
  7. Echo Boomers favor pragmatic policy over ideological policy (How Do Echo Boomers Think?).
  8. Among all different political views, Echo Boomers are influenced most by their parents (How Do Echo Boomers Think?).
  9. A small percentage of Echo Boomers move back in with their parents, and this act is not stigmatized as irreponsible (Do Echo Boomers Just Own or Rent?).
  10. Echo Boomers think that China will pose the largest problems for the United States in the future (Do Echo Boomers Fear China?).
  11. Echo Boomers observe religion far less than former generations (Do Echo Boomers Lack Religion?)
  12. As of 2009, only 21% of Echo Boomers were married (Will Marriage Become A Minority?).

  13. As of 2009, Millennial median houshold income is $58,620 (How Much Money Do Echo Boomers Make?).
  14. As of 2009, 54% of Echo Boomers lived in the suburbs (Where Do Echo Boomers Live?).
  15. Echo Boomers seem less interested in owning their own vehicles than former generations ("No Vehicles Please. We're Echo Boomers." and read what in the car market appeals to Generation Y).
  16. 90% of Echo Boomers over the age of 18 have access to the internet; 75% of Echo Boomers use some form of social networking; 40% of Echo Boomers have no land-line (What Services Does Generation Y Like/Dislike?).
  17. 40% of Echo Boomers have a tatoo (What Services Does Generation Y Like/Dislike?).
  18. Echo Boomers define themselves through their relationships with other people (Generation Y: 3 Social Shifts In Perception).
  19. Echo Boomers value time over money and value relationships over work (Generation Y: 3 Social Shifts In Perception).
  20. Echo Boomers tend to buy products on the basis of peer suggestions, not advertising or public relations (Generation Y: 3 Social Shifts In Perception).
  21. Echo Boomers tend to buy smaller houses on smaller lots which are closer to work (What Services Does Generation Y Like/Dislike?).
  22. Echo Boomers invest half of their money in cash and bonds as opposed to stocks (What Services Does Generation Y Like/Dislike?).
  23. 82% of Echo Boomers expect to be married for life (What Does Generation Y Say About Marriage? and read the topic marriage rate).

  24. Most male Echo Boomers expressed a lack of interest in conversations about marriage while most female Echo Boomers were more receptive in talking about marriage (What Does Generation Y Say About Marriage? and read the topic cohabitation).
  25. 75% of Echo Boomers stated that they would prefer to be alone for the rest of their life than marry the wrong person (What Does Generation Y Say About Marriage?).
  26. Median income of individual Echo Boomers is $22,000 as of 2010 (How Much Money Do Echo Boomers Make?).
  27. Echo Boomers favor more government than other American generations (How Do Echo Boomers Think?).
  28. If Echo Boomers could, they would drive less than they do now ("No Vehicles Please. We're Echo Boomers.").
  29. Echo Boomers are more likely to want other transportation options than other American generations ("No Vehicles Please. We're Echo Boomers.").
  30. Echo Boomers see technology as a way to socialize instead of face-to-face methods (source).
  31. Echo Boomers are more likely to drive less for environmental reasons than other American generations ("No Vehicles Please. We're Echo Boomers.").
  32. Echo Boomers use email less than Boomers (source).
  33. Wireless access to the internet is rising among Echo Boomers (source).
  34. 33% of Echo Boomers are not covered by a health insurance plan (source).
  35. Echo Boomers' trust in public institutions is declining (source).
  36. While some view Echo Boomers as more "leftist" in their views, they do not hold the traditional leftist views (source).
  37. 52% of Echo Boomers rank being a good parent as a major priority (source).
  38. Only 20% of Echo Boomers list owning a home as a major priority (source).
  39. While only 21% of Echo Boomers are married, 34% of Echo Boomers already have kids (source).
  40. The average Echo Boomer remains at a job for 1.5 years (source).
  41. 80% of Echo Boomers have used an online service in the past 30 days (source).
  42. 33% of Echo Boomers have used mobile services in the past 30 days (source).
  43. 48% applied for a credit card online (source).
  44. Wealthy Echo Boomers prefer digital online media over Television, radio, and print (source).
  45. More Echo Boomers are going to college than ever before (source).
  46. In 2008, approximately 40% of Echo Boomers aged 18-24 are enrolled in college (source).
  47. The average Echo Boomer spends $30 per mall visit (source).

Generation Y Information By Main Topic

Above this are various facts with articles used as sources. However, if you are interested in specific topics, like the housing market and Generation Y, the below links directly tie the main post on a topic to pertinent information on Generation Y.

Economic Topics

  1. The Education Bubble: an article covering when this education bubble might pop.
  2. The Housing Market: how Millennial attitudes toward homes may be changing against homeownership.
  3. The Car Market: pertains to what cars Generation Y will buy - a must know if you want to sell cars.
  4. Social Media: using social media to build business relationships with Generation Y.
  5. Email Use: is this a platform that is growing or declining among Generation Y and Generation Z?

Finance Topics

    Sociocultural Topics

    1. Cohabitation: for the Millennial generation, cohabitation may offer benefits over marriage.
    2. Hooking Up: the Millennial approach to dating - more casual, more ambiguous.
    3. Marriage Rate: the overall U.S. marriage rate and what this will mean for Generation Y.
    4. Parenthood: one of the highest priorities of Generation Y and a sign that Echo Boomers still hold certain family values.
    5. Serial Monogamy: a growing social trend, especially popular among Generation Y.