RealTrends | Tannistha Sinha
The U.S. now has more households with pets than with children, according to a recent analysis by the National Association with Realtors (NAR).
According to the NAR, while the number of families with children in households declined in the last two decades, the number of pet owner households increased. The share of Americans with pets in their homes is up from 56% in 1988 to 70% in 2022, according to data analyzed by the NAR.
On the other hand, U.S. Census data analyzed by the NAR shows that the number of families with children under 18 living in their homes has declined over the last decade, dropping from 48% in 2002 to 40% in 2022.
Keep reading: There are now more households with pets than children