Financial Issues Top the List of Reasons U.S. Adults Live in Multigenerational Homes
Nearly four-in-ten men ages 25 to 29 now live with older relatives.
Numbers, Facts and Trends Shaping Your World
Nearly four-in-ten men ages 25 to 29 now live with older relatives.
On key economic outcomes, single adults at prime working age increasingly lag behind those who are married or cohabiting
Financial independence is one of the many markers used to designate the crossover from childhood into young adulthood, and it’s a milestone most Americans (64%) think young adults should reach by the time they are 22 years old, according to a new Pew Research Center study. But that’s not the reality for most young adults who’ve reached this age.
For the first time since 1880, Americans ages 18 to 34 are more likely to be living with their parent(s) than in a household shared with a spouse or partner.
The number of Americans living in multi-generational households, which spiked during the Great Recession, has risen to a record 57 million in 2012, including about one-in-four young adults ages 25-34.
Cohabitation is an increasingly prevalent lifestyle in the United States. The share of 30- to 44-year-olds living as unmarried couples has more than doubled since the mid-1990s. Adults with lower levels of education—without college degrees—are twice as likely to cohabit as those with college degrees.
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