Financial issues top the list of reasons why people live in multigenerational households

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March 22, 2022

2. The experiences of adults in multigenerational households

Financial issues top the list of reasons why people live in multigenerational households

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Financial issues top the list of reasons why people live in multigenerational households

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2. The experiences of adults in multigenerational households
Those with upper incomes are the least likely to say caregiving is a reason for their living arrangement
Adults with upper incomes are more likely than those with middle and lower incomes to say living in a multigenerational household has been positive
About six-in-ten say living in a multigenerational household is convenient all or most of the time
Three-in-ten adults living with a parent see living in a multigenerational household as very helpful financially
About half of adults younger than 40 living with a parent see their living situation as temporary
About half of adults younger than 40 living with a parent see their living situation as temporary
Three-in-ten adults living with a parent don’t pay any of the rent or mortgage
Contributing to household expenses varies by age for adults living with a parent
Women more likely than men to say they do all the chores in multigenerational households
Among the quarter of adults who say caregiving occurs, equal shares say it is for an adult or for a child

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