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3 years ago · by · Comments Off on Back to the Nest

Back to the Nest

In 2014, adults ages 18-34 were more likely to be living in their parents’ home than they were to be living in their own house with a partner or spouse – which hasn’t occurred for 130 years, according to the Pew Research Center.

Pew attributes the shift to the decrease in Americans who “settle down” before they turn 35.  The record of the overall share of young adults living with parents occurred in 1940 at 35%.

Of the Gen Y population in 2014:

31.6% lived with a spouse or partner;

32.1% lived with parents;

14% lived alone, were a single parent or lived with one or more roommates

22% lived with another family member, a non-relative or in group quarters

In addition, 36% of Millennials had not completed a Bachelor’s degree and were living at home in 2014.

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