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Generation Z (or Gen Z for short), colloquially known as Zoomers, is the demographic cohort succeeding Millennials and preceding Generation Alpha.. Members of Generation Z were born between the mid-to-late 1990s and early 2010s, meaning the first wave came of age during the second decade of the twenty-first century, a time of significant demographic change due to declining birthrates ...
In absolute terms, affluence is a relatively widespread phenomenon in the United States, with over 30% of households having an income exceeding $100,000 per year and over 30% of households having a net worth exceeding $250,000, as of 2019. [2] [3] However, when looked at in relative terms, wealth is highly concentrated: the bottom 50% of ...
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