Number of the Day
The Millennials and Zoomers Now Living With Parents, by the Numbers
A majority of young adults are living with their parents for the first time since the Great Depression
52%: That’s the share of 18- to 29-year-old Americans living with their parents as of July this year, according to the Pew Research Center. It’s the first time since the Great Depression that a majority of young adults are living with Mom or Dad. Since February, the number of adults under 30 living with their parents grew by 2.6 million. In June, nearly one in 10 young adults said they had relocated temporarily or permanently due to the pandemic, with many of them citing the closure of their college campus or the loss of employment as a reason for their move.
Though the pandemic led to a spike in the number of adult children moving back in with their parents, the trend was already well underway. Living with parents became the most common living arrangement for 18- to 34-year olds back in 2014, surpassing living with a romantic partner for the first time in more than 130 years. It’s one of the many long-simmering trends that has been accelerated by Covid-19.
