Is Gen Z the poorest generation?
According to data from the U. S. Census Bureau, Gen Z has become the poorest generation, harboring the most individuals and households living in poverty amid rising costs, inflationary pressures, and an unstable economy. Research shows Generation Z is considered the saddest generation to date. Prati Kapoor. February 19, 2025. Photo by christopher catbagan / Unsplash. Born between 1996 and 2010, Generation Z is the generation that bridges the gap between Millennials and Generation Alpha.
Why are Gen Z so rich?
While millennials entered adulthood during a financial crisis, Gen Z came of age during an economic boom. The majority of American Gen Z have strong credit scores and less school debt than previous generations. They’re ready and able to deploy capital at unprecedentedly young ages. Millennials, also known as Gen Y, Echo Boomers, and Digital Natives, were born from approximately 1977 to 1995. However, if you were born anywhere from 1977 to 1980 you are a Cusper, which means you can have characteristics of both Millennials and Gen X.