Over half of young adults living with parents – highest ever recorded in US, data show
More young adults are living with their parents than ever recorded, data show.
In July, 52% of young adults lived with their parents, surpassing a previous high set during the Great Depression, a Pew Research Center analysis of census data shows. It’s also a jump of 5% from February before the coronavirus pandemic pushed many Americans to live with family, Pew says.
About 26.6 million adults age 18 to 29 live with their parents, according to the analysis.
There was growth across all demographics, including rural and urban, the four main U.S. census regions and racial and ethnic groups. The largest spike was among 18- to 24-year-olds and white people.
According to Pew, 48% of young adults lived with their parents at the end of the Great Depression in 1940. The data wasn’t tracked during the 1930s, when the number may have been higher.
The economic downturn has hit young adults especially hard during the pandemic, forcing many to move out of college dorms, to areas they perceive to be safer or out of housing they no longer can afford, according to a Pew survey. The survey found about 1 in 5 U.S. adults has moved or knows someone who did due to the pandemic.
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