Young adults in the U.S. are reaching key life milestones later than in the past
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.
Numbers, Facts and Trends Shaping Your World
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.
The share of 18- to 29-year-olds living with their parents has become a majority since U.S. coronavirus cases began spreading early this year.
Three-in-ten Millennials live with a spouse and child, compared with 40% of Gen Xers at a comparable age.
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.
Millennials are the largest adult generation in the United States, and the American family continues to change.
The number and share of Americans living in multigenerational family households have continued to rise. In 2016, a record 64 million people, or 20% of the U.S. population, lived with multiple generations under one roof.
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.
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.
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.
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