More people own pets than ever before, especially those born before the new millennium.
The number of pet owners is on the rise. But previously, the U.S. baby boomer generation--those born post-World War II between 1946 and 1964--was the highest ranked for pet ownership. Now, it's all about the millennials.
Twenty and thirty-somethings, also called Generation Y or born from 1982 to 2004, now claim 35 percent of all pet owners, according to the American Pet Products Association (APPA). Upwards of 84 million households have a pet, a nearly five percent spike since 2015.
Millennials are now three percent ahead of the baby boomers in pet ownership. However, they're not just taking a liking to cats and dogs. This age group homes more than half of the pet reptile, small animal, and marine aquarium population in the United States.
The vast majority of pet owners polled by APPA also recognize the mental and physical health benefits of having a pet. Additionally, these owners state that they feel "unconditional love" for the animals they keep.
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