Key Takeaways
- As of July 1, 2023, the U.S. population was estimated at 334,914,895 people, reflecting a 0.5% increase from the previous year.
- The median age of the U.S. population in 2022 was 38.9 years, up from 38.5 in 2021.
- In 2022, the U.S. had 131.4 million households, with an average household size of 2.51 persons.
- U.S. GDP in Q2 2024 grew at an annualized rate of 3.0%, according to BEA estimates.
- Unemployment rate stood at 4.1% in June 2024, with 6.8 million unemployed persons.
- Consumer Price Index (CPI) increased 3.0% over the 12 months ending June 2024.
- The 115th Congress (2017-2019) had 541 members serving at some point.
- Voter turnout in the 2020 presidential election was 66.6% of the voting-eligible population.
- There are 435 voting members in the U.S. House of Representatives.
- Life expectancy at birth in the U.S. was 77.5 years in 2023.
- Obesity prevalence among U.S. adults was 41.9% in 2022.
- COVID-19 deaths totaled 1,118,992 as of May 2024.
- Public high school graduation rate was 86% for class of 2022.
- 38% of U.S. adults aged 25+ have a bachelor's degree or higher in 2022.
- K-12 enrollment was 49.6 million in fall 2022.
The United States population is gradually growing, aging, and becoming more racially diverse.
Economic Indicators
- U.S. GDP in Q2 2024 grew at an annualized rate of 3.0%, according to BEA estimates.
- Unemployment rate stood at 4.1% in June 2024, with 6.8 million unemployed persons.
- Consumer Price Index (CPI) increased 3.0% over the 12 months ending June 2024.
- Nonfarm payroll employment rose by 206,000 in June 2024.
- Average hourly earnings for all employees increased 3.9% over the year ending June 2024.
- U.S. national debt stood at $34.4 trillion as of June 2024.
- Personal saving rate was 3.4% in May 2024.
- Retail sales increased 0.0% in June 2024 (+2.3% unadjusted year-over-year).
- Housing starts in June 2024 were at a seasonally adjusted annual rate of 1,340,000 units.
- Industrial production rose 0.0% in June 2024.
- U.S. trade deficit in goods and services was $75.1 billion in May 2024.
- Corporate profits increased $101.4 billion (4.8%) in Q1 2024.
- Labor force participation rate was 62.6% in June 2024.
- Median weekly earnings for full-time workers were $1,138 in Q2 2024.
- Dow Jones Industrial Average closed at 39,118.86 on July 11, 2024.
- S&P 500 index reached 5,633.91 on July 11, 2024.
- Labor force totaled 167.8 million in June 2024.
- Inflation rate (PCE) was 2.6% in May 2024.
- Existing-home sales at 3.79 million annualized rate in June 2024.
- Capacity utilization rate was 78.0% in June 2024.
- Producer Price Index rose 2.2% over 12 months to June 2024.
- U.S. exports of goods and services: $278.5 billion in May 2024.
- Imports: $353.6 billion in May 2024.
- Disposable personal income increased 0.1% in May 2024.
- ISM Manufacturing PMI was 48.5 in June 2024 (contraction).
- Job openings: 8.1 million in May 2024.
- Quit rate: 2.1% in May 2024.
- Productivity increased 0.9% in Q2 2024.
- Unit labor costs fell 0.7% in Q2 2024.
- NASDAQ Composite closed at 18,518.61 on July 11, 2024.
Economic Indicators Interpretation
Education & Technology
- Public high school graduation rate was 86% for class of 2022.
- 38% of U.S. adults aged 25+ have a bachelor's degree or higher in 2022.
- K-12 enrollment was 49.6 million in fall 2022.
- Federal R&D funding was $201.0 billion in FY 2023.
- 94% of U.S. public schools had high-speed internet in 2022.
- College enrollment: 15.4 million undergraduates in fall 2022.
- Student loan debt totaled $1.61 trillion owed by 42.4 million borrowers in 2024.
- NAEP math scores for 8th graders averaged 274 in 2022, down from 282 in 2019.
- 93% of teens aged 13-17 have smartphone access in 2023.
- U.S. broadband penetration: 89% of adults have home broadband in 2023.
- STEM jobs projected to grow 10.4% from 2020-2030.
- Patent grants: 325,457 utility patents issued in 2023.
- 71% of 5-17 year-olds used a computer for schoolwork daily in 2022.
- Federal student aid: $149.6 billion disbursed in FY 2023.
- High school dropout rate: 5.2% for ages 16-24 in 2022.
- U.S. ranked 28th in math and 12th in science in PISA 2022.
- 57.5 million public school students in 2023-24 school year.
- Teacher shortage: 55% of public schools reported vacancies in 2023.
- Pell Grant recipients: 6.4 million in FY 2023.
- R&D expenditure: 3.46% of GDP in 2021 ($885 billion).
- Charter school enrollment: 3.7 million students in 2022-23.
- Average public school teacher salary: $69,544 in 2022-23.
- 16.3 million students enrolled in postsecondary institutions fall 2023.
- Federal R&D to universities: $47.3 billion in FY 2023.
- 1 in 5 public schools offered computer science in 2022.
- NAEP reading scores for 4th graders: 217 in 2022.
- Adult literacy rate: 79% proficient in prose in 2017 (latest).
- Venture capital investment: $170.6 billion in 2023.
- AI patents filed: 14,000+ in USPTO 2023.
- 85% of K-12 teachers use digital tools daily in 2023.
- Community college enrollment: 5.1 million in 2022.
- ACT average composite score: 19.5 for class of 2023.
- SAT participation: 1.9 million students in 2023.
- NSF grants awarded: 11,000 in FY 2023.
- Women in STEM workforce: 28% in 2021.
- Cybersecurity incidents reported: 2,200+ to US-CERT in 2023.
Education & Technology Interpretation
Government & Politics
- The 115th Congress (2017-2019) had 541 members serving at some point.
- Voter turnout in the 2020 presidential election was 66.6% of the voting-eligible population.
- There are 435 voting members in the U.S. House of Representatives.
- The U.S. Senate consists of 100 senators, two from each state.
- Federal budget for FY 2024 is approximately $6.4 trillion in outlays.
- Supreme Court has 9 justices as of 2024.
- Women hold 152 seats (28%) in the 118th Congress (2023-2025).
- In 2022 midterms, Republicans gained 9 House seats for a 222-213 majority.
- President Biden signed 139 bills into law in his first two years.
- Federal government employed 2.9 million civilian workers in 2023.
- U.S. has 50 states, 1 federal district, and 5 major territories.
- Electoral College has 538 electors for presidential elections.
- In 2020, Biden won 306 electoral votes to Trump's 232.
- Campaign finance: 2020 presidential cycle saw $14.4 billion spent.
- FBI reported 21,156 murders in 2022.
- Active duty military personnel: 1.3 million in FY 2023.
- U.S. ratified 16 international human rights treaties since 1980.
- Republican Party holds 53 seats in the Senate (118th Congress).
- Democrats hold 222 seats in the House (as of 2024).
- 27 women serve in the Senate (2024).
- 125 women in the House (2024).
- Black members: 57 in 118th Congress.
- Hispanic/Latino members: 54 in 118th Congress.
- Asian Pacific American members: 18 in 118th Congress.
- Federal revenue for FY 2023: $4.44 trillion.
- Defense spending: $816 billion in FY 2023.
- 2024 presidential popular vote: Biden 81.3M, Trump 74.2M (2020).
- States with Republican governors: 27 as of 2024.
- Supreme Court decisions: 61 opinions issued in 2023 term.
- Impeachment trials: 21 presidential (1 conviction).
- Registered voters: 168 million in 2020 election.
- Early voting: 101 million ballots in 2020.
- Mail-in ballots: 43% of 2020 votes.
Government & Politics Interpretation
Health & Social Services
- Life expectancy at birth in the U.S. was 77.5 years in 2023.
- Obesity prevalence among U.S. adults was 41.9% in 2022.
- COVID-19 deaths totaled 1,118,992 as of May 2024.
- 92.0% of children aged 12 months had received MMR vaccine in 2022.
- Opioid overdose deaths reached 81,806 in 2022.
- 91.7% of U.S. population had health insurance in 2022.
- Cancer incidence rate was 439.0 per 100,000 in 2020.
- Infant mortality rate was 5.44 per 1,000 live births in 2022.
- 18.2% of adults reported serious psychological distress in 2022.
- Heart disease caused 695,547 deaths in 2022.
- Medicare enrollment: 65.7 million beneficiaries in 2023.
- Medicaid covered 80.6 million people in FY 2022.
- SNAP (food stamps) averaged 41.9 million participants monthly in FY 2023.
- Child poverty rate was 12.4% in 2022 under official measure.
- Homeless population estimated at 653,104 on a single night in 2023.
- Social Security paid benefits to 66 million recipients in 2023.
- Cancer deaths: 609,820 in 2023 estimate.
- Diabetes prevalence: 11.6% of adults (38.4 million) in 2021.
- 8.4% of adults smoke cigarettes in 2022.
- Hospitalizations for flu: 450,000 in 2022-2023 season.
- Mental health treatment: 22.8% of adults received in 2022.
- Suicide rate: 14.2 per 100,000 in 2021.
- Drug overdose deaths excluding opioids: 25,610 in 2022.
- Alzheimer's deaths: 119,399 in 2021.
- Emergency department visits: 139 million in 2022.
- Physician visits: 917 million in 2022.
- Nursing home residents: 1.3 million in 2022.
- TANF (welfare) caseload: 1.1 million families in FY 2023.
- SSI recipients: 7.5 million in 2023.
- Foster care children: 369,000 in FY 2022.
- Food insecurity affected 12.8% of households in 2022.
- Disability rate: 13.7% of population in 2022.
Health & Social Services Interpretation
Population & Demographics
- As of July 1, 2023, the U.S. population was estimated at 334,914,895 people, reflecting a 0.5% increase from the previous year.
- The median age of the U.S. population in 2022 was 38.9 years, up from 38.5 in 2021.
- In 2022, the U.S. had 131.4 million households, with an average household size of 2.51 persons.
- Non-Hispanic White population accounted for 59.3% of the U.S. total in 2022, down from 60.1% in 2021.
- The Hispanic or Latino population grew by 1.0% to 62.1 million in 2022.
- Black or African American population reached 41.1 million in 2022, comprising 12.3% of the total.
- Asian population in the U.S. was 20.6 million in 2022, growing by 1.9% from 2021.
- Foreign-born population was 46.2 million in 2022, or 13.9% of the total population.
- U.S. birth rate in 2022 was 11.0 per 1,000 population, the lowest on record.
- Net international migration contributed 1.0 million to U.S. population growth in 2022-2023.
- Veteran population in 2022 was 17.9 million, with 5.4 million female veterans.
- Homeownership rate for U.S. households was 65.9% in 2022.
- Urban population accounted for 80.0% of the total U.S. population in 2020.
- Population density in the U.S. averaged 94 people per square mile in 2023.
- States with highest population growth 2022-2023: Florida (1.9%), Texas (1.6%), Idaho (1.9%).
- As of July 1, 2023, the U.S. population under age 18 was 72,690,529.
- Population aged 65 and over reached 58,901,639 in 2023.
- The U.S. fertility rate was 1.62 births per woman in 2022.
- Net domestic migration outflow from California was 167,000 in 2022-2023.
- American Indian and Alaska Native population was 3.7 million in 2022.
- Native Hawaiian and Other Pacific Islander population: 0.8 million in 2022.
- Two or more races population grew 276% from 2010 to 2020 census.
- In 2022, 10.6% of the population lived in poverty.
- Median household income was $74,580 in 2022.
- Gini index for income inequality was 0.410 in 2022.
Population & Demographics Interpretation
Sources & References
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