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of workers in 2023 at least 65 years old, compared to 23% in 2000, according to a new report from the Employee Benefit Research Institute (EBRI). Similar increases among women between the ages of 55 to 59 and 70 to 74 were also observed at that time, but they decreased for women in the 60-64 bracket in 2023.
In addition to the financial crash in 2008/2009 and changes in interest rates, other factors have affected home design, including technological advancements and family dynamics. Changes in family dynamics have also influenced the size and design of new homes in Birmingham.
Over half the homes are of newer construction, about 55, that was built after the year 2000 and even more recent. Most people have a middle-income bracket with people working in executive, management, sales, and retail jobs. Most of the homes here have been built between 1970 and 1999, with a few newer homes built after 2000.
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