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relationship between income and housing type, higher income households are also more likely to own than rent. 3.5.1 Trends affecting housing choice The national demographic trends that will affect housing demand across the U.S., as well as Oregon and Eugene, are: Aging of the baby boomers. By 2035, the youngest baby boomers will be over 70 years old. By 2035, people 65 years and older are projected to account for about 21% of the U.S. population, up from about 12% of the population in 2000. Growth in echo boomers. Echo boomers are a large group of people (Generation Y) born from the late -1970's to early 2000's, with the largest concentration born between 1982 and 1995. By 2035, echo boomers will all be older than 40 years old, with the oldest echo boomers over 50 years old. The echo boomers will form households and enter their prime earnings years during the 20 -year planning period. Growth of immigrants. One of the fastest growing groups in the U.S. will be immigrants —especially Latino immigrants. By 2035, first and second -generation Latinos are projected to account for about 23% of the U.S. population, an increase from about 13% of the U.S. population in 2000. Growth in the Latino population will be the result of natural increase (more births than deaths) and immigration from other countries. Increase in diversity. The Hispanic and Latino population is one of the fastest growing ethnic groups in the U.S, as noted above. In 2011,10% of Eugene's population was non-white, not Hispanic, up from 6% of the population in 1990. The majority of growth in racial diversity was in Asian and Native American population in Eugene. Other trends. Eugene's housing market will be affected by other demographic trends. For example, the composition of households is changing, in part as a result of the aging of the population, growth of immigrants, and increase in diversity. Traditional household composition (e.g., households with children and married couples) are becoming less common and non-traditional household composition (e.g., single-family households and non -family households) are becoming more common. Table 25 through Table 27 describe the changes in these demographic and socioeconomic trends and their potential effect on housing choice in Eugene over the next 20 years. These tables discuss the characteristics of Page 94 ECONorthwest Part 11 — Eugene Housing Needs Analysis