In 2023, the share of foreign-born individuals in the U.S. rose to 14.3%, up from 13.9% in 2022, according to the U.S. Census Bureau’s American Community Survey. The increase marks the highest share since 1910, when it was 14.7%. The growth appears to have been driven by people coming from Latin America, whose share of the foreign-born population increased year-over-year to 51.2% from 50.3%, according to the survey. Latin America was the only world region of origin to experience an increase among those U.S. residents born in another country. The share of foreign-born residents from Europe and Asia dropped slightly. Meanwhile, the median age of U.S. residents rose to 39.2 years, and the percentage of employees working from home decreased to 13.8%. Rental costs also surged by 3.8%, the largest increase in a decade, while the share of income spent on rent remained stable at 31%.
Leave a Reply