According to 2014 U.S. Census analysis, for the first time in over 130 years, more people ages 18 to 34 live at home with their parents than any other living arrangement. Go ahead and scream loudly. Done? While adulthood may be in the distant future for your youngster, trends can be hard to reverse. Consider this yet another reason to ground your kid if they ever turn into a millennial.
Overall about 32.1 percent of adults lived at home with their parents, compared to 31.6 percent living with a spouse, 14 percent living alone as the head of the household (this includes single parents), and 22 percent living with roommates, a different family member, or in some sort of group quarters. Education played some part, as 27 percent of people with bachelor’s degrees lived with their parents versus 36 percent without. And of course, there’s a gender gap as well, with 35 percent of men and 29 percent of women living at home. Young women were also more likely to be the solo heads of the household than young men (16 percent versus 13 percent), which could partially explain why you like your daughter 3 percent more.
Rest assured, this isn’t the worst it’s been. Back in 1940 a whopping 35 percent of 18 to 34 year olds were living at home with their parents. Although this trend is partially a symptom the Great Depression and Recession, the main difference between then and now is that no one wants to get married anymore. Unless marriage magically becomes cool again (sorry, honey), you’ll just have to hope they find a very special roommate instead. If that doesn’t work, start charging them rent.
[H/T] Pew Research Center