Where are the young audiophiles?

Most brick and mortar audio stores over last 12 months are doing much better than they've done in years.  I don't buy that clientele all old.  I see younger people in the stores.  Nice headphones are in demand and that's a gateway.  Things are fine 

Headphones are extremely hot these days. They guys into that are as crazy as the folks here. Likely the gateway drug to a home system once these folks get established in career and home.

The worm will turn

A lot of it comes down to expendable income---older audiophiles have the income to buy more expensive equipment than the younger folks. Plus stereo equipment back then was not as expensive as it is nowadays. Some of the younger audiophiles I follow on YouTube are into headphones and smaller headphone amps. Some of my younger friends are getting into vinyl but they're not into 'fancy' stereos (yet)---they get their enjoyment out playing the records. I just posted something similar to this a few days ago. 

The vinyl "resurgence" is keeping the younger people interested. Sooner or later they will want to upgrade their entry-level turntables and other associated audio components. The quest for better sound quality will always drive the market.