Search results for: “millennials”

In 2012, 36% of Millennials lived in their parental home. The likelihood of living at home varies by demographic characteristics and major activities.

Since 2007, young adults have grown increasingly likely to live at home. This is a new trend. From 1981 (31%) until 2007 (32%), the share of young adults living with a parent remained largely unchanged.[6. numoffset=”6″ March 1981 is comparable to March 2007 in that both surveys occurred close to business cycle peaks.] In 1968 […]

While older Millennials are much more likely than their younger counterparts to have left the parental nest and struck out on their own, rising shares of both older and younger age groups are living with their parents since the onset of the Great Recession. In 2012, 56% of 18- to 24-year-old Millennials lived in their […]

In 2012, 36% of the nation’s young adults ages 18 to 31—the so-called Millennial generation—were living in their parents’ home, the highest share in at least four decades. The number of young adults doing so has risen by 3 million since the start of the start of the recession in 2007, an increase driven by a combination of economic, educational and cultural factors.

Bell, Lisa, Gary Burtless, Janet Gornick, and Timothy M. Smeeding. 2007. “A Cross-National Survey of Trends in the Transition to Economic Independence,” in The Price of Independence: The Economics of Early Adulthood, edited by Sheldon Danziger and Cecilia Rouse. New York: Russell Sage Foundation. Card, David, and Thomas Lemieux. 2000. “Adapting to Circumstances: The Evolution […]