Here at LearnVest, we try to keep a pulse on the financial lives of families across America. And our office reflects that in more ways than one — namely, we're having a baby boom.
More specifically, a number of our team members in their early 30s are becoming first-time moms or growing their families. So it's not entirely surprising news that for the first time in over three decades, women in their early 30s are having more babies than women in their 20s, reports the Associated Press.
That's according to preliminary data from the Centers for Disease Control and Prevention, which found that the birth rate in 2016 for women ages 30 to 34 was about 103 per 100,000 — just barely edging out women ages 25 to 29 with 102 births per 100,000.
Several factors are likely at work here, including people wanting to grow in their careers before settling down, as well as a dropping teen birth rate. There's also that whole "raising a kid is insanely expensive" thing ($233K can only buy you so many diapers and child care hours). Young adults graduating into a lagging economy also doesn't make things easier.
As for me, I'm just a mid-20-something who admittedly has paid for avocado toast and has no plans to become a mom anytime soon, but that seems to be the norm now — and I'm OK with it.