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Friday, December 17, 2021

New RV Owners Are Younger

Above, I've seen many younger RV owners at Crazy Horse Campground at Lake Havasu. Photo by Armand Vaquer.

RV ownership demographics has been changing over the years. The pandemic may have accelerated the change.

Data from the Recreational Vehicle Industry Association (RVIA) is showing that new RV buyers are getting younger.

According to Business Insider:

RV sales have boomed throughout the COVID-19 pandemic, especially from first-time buyers interested in investing in life on the road.

And according to data compiled by the RV Industry Association, RVing isn't just for retirees anymore: Many of these new buyers are now younger.

RV ownership has jumped more than 62% throughout the last 20 years. The 18 to 34-year-old age range specifically has grown "significantly," making up 22% of current RV owners, according to RVIA's "2021 Go RVing RV Owner Demographic Profile." And of these millennial and Gen Z tiny home on wheels owners, 84% reported that they were planning on buying an additional build.

Now, all we need are more campgrounds and RV parks to meet the demand.

To read more, go here

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