Core Insights - The number of single-person households in South Korea is projected to exceed 10 million in 2024, accounting for over 40% of total households [1] Household Composition - In 2024, the total number of households in South Korea is estimated to be 24.119 million, an increase of approximately 1 million from 2020 [1] - The number of single-person households will reach 10 million in 2024, representing 42% of total households, up from 39.2% in 2020 [1] - The number of two-person households has also increased from 5.4 million in 2020 to 6.01 million in 2024 [1] - Conversely, the number of households with four or more members has decreased by 670,000 during the same period, dropping to 3.94 million in 2024 [1] Societal Trends - The rise in single-person households is attributed to demographic changes and shifts in social attitudes, including delayed marriage and childbearing among young people due to economic pressures and high housing costs [1] - Additionally, the acceleration of aging in South Korean society contributes to the increase in single-person households [1]