Following on the heels of our finding that the increase in the share of single person households over time is the primary factor in the observed increase in U.S. income inequality for households over the last six decades, we thought it might be interesting to share what we found in the U.S. Census' data from 1940 onward regarding the growth trend of Americans living alone.
Our chart below reveals the general trend for how single person households grew from 7.7% of all U.S. households in 1940 to an estimated 27.5% in 2011....
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