Nearly a quarter of Americans ages 18-34 (24%) have moved back to their parents’ homes in the past few years after living on their own, according to the Pew Research Center. Nearly four in 10 adults in this age group (39%) currently live with their parents — including those who had never moved away in the first place.
Men (40%) and women (38%) ages 18-34 are equally likely to be living with their parents, but women living with their parents are more likely than men living with theirs to contribute money to the household’s expenses (84% vs. 67%).
Nearly half of 25-34-year-olds (48%) who live with their parents pay rent to do so, compared with a quarter (25%) of 18-24-year-olds.
The majority of young adults who have moved in with their parents due to economic difficulties feel that it’s been a positive experience. More than three quarters are satisfied with their living arrangements (78%) and are optimistic about their future financial outlook (77%).
Source: “The Boomerang Generation: Feeling OK About Living With Mom And Dad,” Pew Research Center, Kim Parker, Associate Director, 1615 L St., NW, #700, Washington, DC 20036; 202-419-4300; info@pewsocialtrends.org; www. pewsocialtrends.org. Price: Available online at no charge.
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