The American Grandparent: Uplifter of the Economy

A new generation of grandparents approach their golden years. The second of a two-part series

By U.S. News Staff

April 24, 2009 RSS Feed Print
  • 45: Percentage of U.S. cash contributions to nonprofits made by grandparents
  • $254,000: Average net worth of households led by 55-to-64-year-olds
  • 55: Percentage of grandparent-homeowners who don't carry a mortgage
  • 42: Percentage of consumer spending on gifts in the U.S. made by grandparents
  • 38: Projected percentage of U.S. households headed by a grandparent in 2015
  • $97 billion: Annual amount grandparents spend eating out

Read more Data Points

Sources: grandparents.com

Tags:
economy,
parenting

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