https://www.bloomberg.com/news/articles/2022-08-31/women-not-having-kids-get-richer-than-men

Single women without kids had an average of $65,000 in wealth in 2019, compared with $57,000 for single, child-free men, according to new research from the Federal Reserve Bank of St. Louis. For single mothers, the figure was only $7,000. Parenthood was losing its appeal even before Covid-19, and the hardship brought on by the pandemic appears to have accelerated the trend. A Pew Research Center study last year found that 44% of Americans age 18-49 who don’t have kids say it’s not too likely or not at all likely they will procreate someday—an increase of 7 percentage points from 2018. US birthrates have been falling for the past 30 years as people get married later in life and put off having children. In 1990 there were about 71 births per year for every 1,000 women age 15 to 44. By 2019 that had dropped closer to 58 births, according to a Census Bureau analysis. At the same time, the share of women age 25 to 34 who don’t have kids reached a record in 2018, the most recent available in data going back to 1976. Many experts point to the rising cost of raising a family as an important factor in Americans’ decisions to have fewer or no offspring. The expenses in bringing up a child born in 2015 through age 17 will run an estimated $310,605, according to the Brookings Institution, which adapted a government calculation to adjust for inflation trends, adding about $26,000. The projection doesn’t include the cost of a college education.

Is this the end of families in America?