Marriage Rates Plummet

Marriage Rates Plummet

( – Marriage numbers in America have dropped to the lowest ever recorded. According to new statistics released by the National Center for Health Statistics, the US marriage rate fell to 6% in 2018. For every 1,000 people, 6.5 new unions were formed — the lowest rate since the federal government began tracking marriage data in 1867.

Many Americans are choosing to skip marriage and simply live with their partners. Just over 50% were living with a spouse in 2019, down from 70% in 1970. The top reason is strained finances. Middle-class earners with only a high school education are most likely to remain single. A decline in religious observances and the growing acceptance of people living together outside of marriage also plays a role.

Marriage has many benefits and is credited with people being healthier, living longer, and enjoying more economic security than those who are single. Perhaps after the COVID-19 pandemic is over, more people will get married. Not only can it be a smart financial decision, but it can also help us help live healthier and happier lives as we adapt to a new normal.

~Here’s to Your Prosperity!

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