Parents, Young Adult Children and the Transition to Adulthood
Most U.S. young adults are at least mostly financially independent and happy with their parents’ involvement in their lives. Parent-child relationships are mostly strong.
Numbers, Facts and Trends Shaping Your World
Most U.S. young adults are at least mostly financially independent and happy with their parents’ involvement in their lives. Parent-child relationships are mostly strong.
Today’s 21-year-olds are less likely than their predecessors in 1980 to have reached five key milestones, including having a full-time job.
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
Recent pandemic migrants are more likely than those who moved earlier in the outbreak to have relocated due to financial stress.
Millennials are the largest adult generation in the United States, and the American family continues to change.
Millennials trail Baby Boomers and Generation Xers in the number of households they head. But Millennial-run households represent the largest group in some key categories, such as the number in poverty or the number headed by a single mother.
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.
After more than four decades of serving as the nation’s economic majority, the U.S. middle class is now matched in size by those in the economic tiers above and below it.
America is turning gray, with the share of people ages 65 and older expected to rise more than 50% by 2050 – a trend that may burden more families. But Germany and Italy are already there, with a fifth of their population in that age range.
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